Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 18.07.2014

Labor-Market Uncertainty and Portfolio Choice Puzzles

Richmond Fed Working Papers [View] (2014-06, 20.06.2014)

Added onto the Research Hub on 08.07.2014

My parents taught me. Evidence on the family transmission of values

Bank of Italy Working Papers [View] (3, 08.07.2014)

JEL: C83, D10, Z1

Two EGARCH models and one fat tail

Bank of Italy Working Papers [View] (3, 08.07.2014)

JEL: C22, G17

Political selection in the skilled city

Bank of Italy Working Papers [View] (3, 08.07.2014)

JEL: D7, H8, I20

Public expenditure distribution, voting, and growth

Bank of Italy Working Papers [View] (4, 08.07.2014)

JEL: O41, O43

A tale of an unwanted outcome: transfers and local endowments of trust and cooperation

Bank of Italy Working Papers [View] (4, 08.07.2014)

JEL: D7, R1, Z1

Are the log-returns of Italian open-end mutual funds normally distributed? A risk assessment perspective

Bank of Italy Working Papers [View] (4, 08.07.2014)

JEL: C02, C46, G23

The intergenerational transmission of reading: is a good example the best sermon?

Bank of Italy Working Papers [View] (4, 08.07.2014)

JEL: C21, J13, J22, J24

The impact of R&D subsidies on firm innovation

Bank of Italy Working Papers [View] (4, 08.07.2014)

JEL: H2, L10, R0

Technical progress, retraining cost and early retirement

Bank of Italy Working Papers [View] (6, 08.07.2014)

JEL: J24, J26, O33

Cooperative R&D networks among firms and public research institutions

Bank of Italy Working Papers [View] (6, 08.07.2014)

JEL: C70, L14, O30

Added onto the Research Hub on 04.07.2014

Long-run risk is the worst-case scenario: ambiguity aversion and non-parametric estimation of the endowment process

San Francisco Fed Working Papers [View] (2014-05, 04.07.2014)

Added onto the Research Hub on 03.07.2014

Mutual assistance between Federal Reserve Banks, 1913-1960 as prolegomena to the TARGET2 debate

European Central Bank Working papers [View] (2014-07-02, 03.07.2014)

JEL: F30, N20

Household saving behaviour and credit constraints in the Euro area

Netherlands Bank DNB Working Papers [View] (2014-07-01, 03.07.2014)

JEL: C8, D12, D14, D91

Added onto the Research Hub on 02.07.2014

Labour Demand Research: Towards a Better Match between Better Theory and Better Data

Bank of Portugal Working papers [View] (2014-07, 02.07.2014)

JEL: D4, F66, J23, J3, J4, J5

International spillovers from US forward guidance to equity markets

Netherlands Bank DNB Working Papers [View] (2014-07-01, 02.07.2014)

JEL: E52, E58

Added onto the Research Hub on 01.07.2014

A Simple and Reliable Way to Compute Option-Based Risk-Neutral Distributions

New York Fed Staff reports [View] (2014-07, 01.07.2014)

JEL: G01, G13, G17, G18

A consistent set of multilateral productivity approach-based indicators of price competitiveness

Deutsche Bundesbank Discussion Papers [View] (2014-07-01, 01.07.2014)

JEL: C23, F31

Railroads and Economic Growth: A Trade Policy Approach

Bank of Mexico Working Papers [View] (2014-07, 01.07.2014)

JEL: F10, F14, N71

Added onto the Research Hub on 30.06.2014

Market transparency and the marking precision of bond mutual fund managers

Deutsche Bundesbank Discussion Papers [View] (2014-06-30, 30.06.2014)

JEL: G12, G23

Added onto the Research Hub on 28.06.2014

Learning to Export from Neighbors

Dallas Fed Institute Working Papers [View] (2013-06, 28.06.2014)

JEL: F1, F2

Bank Crises and Sovereign Defaults in Emerging Markets: Exploring the Links

Dallas Fed Institute Working Papers [View] (2013-06, 28.06.2014)

JEL: E44, F34, G01, H63

The Domestic Segment of Global Supply Chains In China under State Capitalism

Dallas Fed Institute Working Papers [View] (2013-06, 28.06.2014)

JEL: C67, C82, F1

Added onto the Research Hub on 27.06.2014

UK deposit-taker responses to the financial crisis: what are the lessons?

Bank of England Working papers [View] (2014-06-27, 27.06.2014)

JEL: G21, G28, G38

The Effect of State Pension Cut Legislation on Bank Values

New York Fed Staff reports [View] (2014-06, 27.06.2014)

JEL: G11, G21, H72, H75

The effect of the financial crisis on TFP growth: a general equilibrium approach

Bank of England Working papers [View] (2014-06-27, 27.06.2014)

JEL: O4

Added onto the Research Hub on 25.06.2014

Liquidity Risk and U.S. Bank Lending at Home and Abroad

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-05-30, 25.06.2014)

JEL: F42, G01, G21

The Decline of Drudgery and the Paradox of Hard Work

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-06-23, 25.06.2014)

JEL: E24, J22, O40

Sovereign Debt Crises

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-05-28, 25.06.2014)

JEL: E44, F34, G01, G28

Taxes and International Risk Sharing

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-06-23, 25.06.2014)

JEL: F41, F44, H29

Understanding the Great Recession

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-06-23, 25.06.2014)

JEL: E2, E24, E32

The Energy Boom and Manufacturing in the United States

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-06-23, 25.06.2014)

JEL: D24, Q43

U.S. Unconventional Monetary Policy and Transmission to Emerging Market Economies

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-06-23, 25.06.2014)

JEL: E58, F42, G15

Flights to Safety

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06-24, 25.06.2014)

JEL: E43, E44, G11, G12, G14

Behavioral Economics and Macroeconomic Models

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06-24, 25.06.2014)

JEL: D8, E2, E3

Navigating Constraints: The Evolution of Federal Reserve Monetary Policy, 1935-59

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06-24, 25.06.2014)

JEL: E52, E58, N12

Relative Liquidity and Future Volatility

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06-24, 25.06.2014)

JEL: G1, G20

Added onto the Research Hub on 24.06.2014

Lights, Camera,...Income! Estimating Poverty Using National Accounts, Survey Means, and Lights

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: D31, E01, O1, O4

Measuring Student Debt and Its Performance

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: D12, D14, I22

Dealer Financial Conditions and Lender-of-Last-Resort Facilities

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: D44, E58, G01, G28

Gates, Fees, and Preemptive Runs

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: G01, G21, G23

A Primer on the GCF Repo Service

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: E42, E58, G23, G28

Understanding Mortgage Spreads

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: G10, G12, G13

The FRBNY Staff Underlying Inflation Gauge: UIG

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: C13, C33, C43, E31

International Banking and Liquidity Risk Transmission: Lessons from across Countries

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: F34, G01, G21

The Revolving Door and Worker Flows in Banking Regulation

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: G21, G28

Liquidity Risk and U.S. Bank Lending at Home and Abroad

New York Fed Staff reports [View] (2014-06, 24.06.2014)

JEL: F42, G01, G21

Home Hours in the United States and Europe

Atlanta Fed Working papers [View] (2014-06-17, 24.06.2014)

JEL: D13, J22

Added onto the Research Hub on 23.06.2014

Consumption in the shadow of unemployment

Bank of Spain Working Papers [View] (2000-06, 23.06.2014)

JEL: D12, D84, E21, E24

Added onto the Research Hub on 21.06.2014

Interpreting the Pari Passu Clause in Sovereign Bond Contracts: It's All Hebrew (and Aramaic) to Me

Chicago Fed Working papers [View] (2014-06, 21.06.2014)

JEL: D63, F34, K12

Added onto the Research Hub on 19.06.2014

Incompatible European Partners? Cultural Predispositions and Household Financial Behavior

Sveriges Riksbank Working Papers [View] (2014-06-19, 19.06.2014)

JEL: E21, G11

Added onto the Research Hub on 18.06.2014

Correlations

Bank of Spain Working Papers [View] (2000-06, 18.06.2014)

JEL: G10, G11

When does cash matter? Evidence for private firms

Bank of Spain Working Papers [View] (2000-06, 18.06.2014)

JEL: G30, G32, G35

Do Earnings Fall with Job Displacement?

Cleveland Fed Working papers [View] (2014-06, 18.06.2014)

JEL: D13, D82, I20, J31, J63, J64

Added onto the Research Hub on 17.06.2014

Carry Trade, Uncovered Interest Parity and Monetary Policy

Magyar Nemzeti Bank (the central bank of Hungary) Working papers [View] (2014-06-17, 17.06.2014)

JEL: E52, F31

Added onto the Research Hub on 16.06.2014

Identification of Asset Price Misalignments on Financial Markets with Extreme Value Theory

Czech National Bank Working papers [View] (2013-12, 16.06.2014)

JEL: C38, C58, E44, G12

Added onto the Research Hub on 13.06.2014

Discussion Paper 14/2014: Leading indicators of systemic banking crises: Finland in a panel of EU countries

Bank of Finland Discussion Papers [View] (2014, 13.06.2014)

JEL: C43, E44, F30, G01, G15

Productivity and Potential Output Before, During, and After the Great Recession

San Francisco Fed Working Papers [View] (2014-06, 13.06.2014)

JEL: E23, E32, O41, O47

The Effects of a Non-Contributory Pension Program on Labor Force Participation: The Case of 70 y Ms in Mexico

Bank of Mexico Working Papers [View] (2014-06, 13.06.2014)

JEL: D04, J26, O12

Added onto the Research Hub on 11.06.2014

Consumer cash usage: A cross-country comparison with payment diary survey data

Netherlands Bank DNB Working Papers [View] (2014-04-23, 06.06.2014)

JEL: D12, E41, E58

Exchange rates, expected returns and risk

Reserve Bank of New Zealand Discussion Papers [View] (2014-06, 11.06.2014)

JEL: F31, G12

Interventions and Expected Exchange Rates in Emerging Market Economies

Bank of Mexico Working Papers [View] (2014-06, 11.06.2014)

JEL: C58, E5, F31, G12

Stimulus vs. Austerity vs. Default

Bank of Mexico Working Papers [View] (2014-06, 11.06.2014)

JEL: E62, F34

Navigating Constraints: The Evolution of Federal Reserve Monetary Policy, 1935-59

St Louis Fed Working Papers [View] (2014-06, 11.06.2014)

JEL: E52, E58, N12

Added onto the Research Hub on 10.06.2014

Discussion Paper 13/2014: Optimal fiscal policy of a monetary union member

Bank of Finland Discussion Papers [View] (2014, 10.06.2014)

JEL: E52, E62, F41

Added onto the Research Hub on 07.06.2014

Bank Failure, Relationship Lending, and Local Economic Performance

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06-06, 07.06.2014)

JEL: E24, G18, G21, G33

When are the Effects of Fiscal Policy Uncertainty Large?

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06-06, 07.06.2014)

Added onto the Research Hub on 06.06.2014

Social interactions and the retirement age

Netherlands Bank DNB Working Papers [View] (2014-06-03, 06.06.2014)

JEL: J14, J26, Z13

Added onto the Research Hub on 05.06.2014

Migrants' choice of remittance channel: Do general payment habits play a role?

European Central Bank Working papers [View] (2014-06-05, 05.06.2014)

JEL: C25, E42, F24

This is what's in your wallet... and how you use it

European Central Bank Working papers [View] (2014-06-05, 05.06.2014)

JEL: E41, E42

Consumer cash usage: a cross-country comparison with payment diary survey data

European Central Bank Working papers [View] (2014-06-05, 05.06.2014)

JEL: D12, E41, E58

Paying for payments: free payments and optimal interchange fees

European Central Bank Working papers [View] (2014-06-05, 05.06.2014)

JEL: E42, G21, G28

Monetary Policy and Real Borrowing Costs at the Zero Lower Bound

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06-04, 05.06.2014)

JEL: E43, E52

Assessing the Effects of the Zero-Interest-Rate Policy through the Lens of a Regime-Switching DSGE Model

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06-04, 05.06.2014)

JEL: E43, E44, E52, E58

Added onto the Research Hub on 04.06.2014

Globalisation, pass-through and the optimal policy response to exchange rates

Bank for International Settlements Working papers [View] (2014-06-04, 04.06.2014)

JEL: E58, F62

Measuring Economic Slack: A Forecast-Based Approach with Applications to Economies in Asia and the Pacific

Bank for International Settlements Working papers [View] (2014-06-04, 04.06.2014)

JEL: E32, E37

A shadow policy rate to calibrate US monetary policy at the zero lower bound

Bank for International Settlements Working papers [View] (2014-06-04, 04.06.2014)

JEL: C38, C82, E52, E58

Credit Growth, Monetary Policy, and Economic Activity in a Three-Regime TVAR Model

Bank for International Settlements Working papers [View] (2014-06-04, 04.06.2014)

JEL: C32, E32, E51

The Changing Way We Pay: Trends in Consumer Payments

Reserve Bank of Australia Research Discussion Papers [View] (2014-06, 04.06.2014)

JEL: D12, D14, E42

Innovations and Issuer Sophistication in Municipal Securities Markets

Cleveland Fed Working papers [View] (2014-06, 04.06.2014)

JEL: G28, H74, R51

Added onto the Research Hub on 03.06.2014

The impact of sovereign and credit risk on interest rate convergence in the euro area

Netherlands Bank DNB Working Papers [View] (2014-06-03, 03.06.2014)

JEL: E43, G21, H63

Added onto the Research Hub on 02.06.2014

Short-sale constraints and financial stability: evidence from the Spanish market

Bank of Spain Working Papers [View] (2014-06, 02.06.2014)

JEL: G01, G12, G14, G18

Added onto the Research Hub on 31.05.2014

The Zero Lower Bound and Endogenous Uncertainty

Dallas Fed Working Papers [View] (2014, 31.05.2014)

JEL: E32, E47, E58

Peso-Dollar Forward Market Analysis: Explaining Arbitrage Opportunities during the Financial Crisis

Bank of Mexico Working Papers [View] (2014-05, 31.05.2014)

JEL: C58, F31, G12, G13, G14

Added onto the Research Hub on 30.05.2014

Euro area external imbalances and the burden of adjustment

European Central Bank Working papers [View] (2014-05-30, 30.05.2014)

JEL: F32, F41

BOFIT Discussion Paper 13/2014: Wage determination in China during the reform period

Bank of Finland BOFIT Discussion Papers [View] (2014, 30.05.2014)

JEL: J3, J30, J31, J4, J41, J45, M5, M52, M54, M55, P2, P23

Third-country relations in the Directive establishing a framework for the recovery and resolution of credit institutions

Bank of Spain Working Papers [View] (2014-05, 30.05.2014)

JEL: F39, G18, G33, G38, K33, L51

Inflation Targeting and "Leaning against the Wind"

IJCB International Journal of Central Banking [View] (2014-06, 30.05.2014)

JEL: E52, E58, G21

Monetary and Macroprudential Policy in an Estimated DSGE Model of the Euro Area

IJCB International Journal of Central Banking [View] (2014-06, 30.05.2014)

JEL: C51, E44, E52

The Risk Channel of Monetary Policy

IJCB International Journal of Central Banking [View] (2014-06, 30.05.2014)

JEL: C63, E32, E44, E52, G11

Fiscal Policy and the Inflation Target

IJCB International Journal of Central Banking [View] (2014-06, 30.05.2014)

JEL: E52, E62

Risks to Price Stability, the Zero Lower Bound, and Forward Guidance: A Real-Time Assessment

IJCB International Journal of Central Banking [View] (2014-06, 30.05.2014)

JEL: E31, E37, E52, E58

Added onto the Research Hub on 29.05.2014

A Wedge in the Dual Mandate: Monetary Policy and Long-Term Unemployment

San Francisco Fed Working Papers [View] (2014-05, 29.05.2014)

Added onto the Research Hub on 28.05.2014

Why accounting matters: a central bank perspective

European Central Bank Occasional papers [View] (2014-05, 28.05.2014)

JEL: E58, M41, M48

Added onto the Research Hub on 27.05.2014

Learning About Commodity Cycles and Saving-Investment Dynamics in a Commodity-Exporting Economy

Central Bank of Chile Working Papers [View] (2014-05, 20.05.2014)

Leverage Restrictions in a Business Cycle Model

Central Bank of Chile Working Papers [View] (2014-05, 20.05.2014)

Added onto the Research Hub on 26.05.2014

The measurement of international pension obligations - Have we harmonised enough?

Netherlands Bank DNB Working Papers [View] (2014-05-26, 26.05.2014)

JEL: G23, H55, H75

Added onto the Research Hub on 24.05.2014

Capital Goods Trade and Economic Development

Dallas Fed Institute Working Papers [View] (2013-05, 24.05.2014)

JEL: E22, F11, O11, O4

International Capital Flows and the Boom-Bust Cycle in Spain

Dallas Fed Institute Working Papers [View] (2013-05, 24.05.2014)

JEL: C11, E21, E32, E62

Very Long-Run Discount Rates

Dallas Fed Institute Working Papers [View] (2013-05, 24.05.2014)

JEL: G11, G12, R30