Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 30.12.2016

Identity, Identification and Identifiers: The Global Legal Entity Identifier System

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 29.12.2016)

Added onto the Research Hub on 29.12.2016

On the determinants of fiscal non-compliance: an empirical analysis of Spains regions

Bank of Spain Working Papers [View] (2016-12, 28.12.2016)

JEL: H61, H68, H72, H77

A Joint Model of Nominal and Real Yield Curves

Central Bank of Brazil Working Papers [View] (2016-12, 28.12.2016)

Hazardous tango: Sovereign-bank interdependencies across countries and time

Netherlands Bank DNB Working Papers [View] (2016-12-28, 28.12.2016)

JEL: G01, G21, H63

Euro area imbalances

Netherlands Bank DNB Working Papers [View] (2016-12-28, 28.12.2016)

JEL: E30, F45, O47

What Fed Funds Futures Tell Us About Monetary Policy Uncertainty

Bank of Canada Working papers [View] (2016-12-28, 28.12.2016)

JEL: E43, E44, E47, G12, G13

Added onto the Research Hub on 25.12.2016

Financial Vulnerability and Monetary Policy

New York Fed Staff reports [View] (2016-12, 24.12.2016)

JEL: E52, G10, G12

Added onto the Research Hub on 24.12.2016

Does Hedging with Derivatives Reduce the Markets Perception of Credit Risk?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 23.12.2016)

Non-Bank Investors and Loan Renegotiations

Bank of Canada Working papers [View] (2016-12-22, 23.12.2016)

JEL: G21, G23

Securitisation, loan growth and bank funding: the Swiss experience since 1932

Swiss National Bank Working Papers [View] (2016-12-23, 23.12.2016)

JEL: E43, E44, E51, G12, G21, G23, N24

Price change dispersion and time-varying pass-through to consumer prices

Swiss National Bank Working Papers [View] (2016-12-23, 23.12.2016)

JEL: E30, E31, F31

Downward Wage Rigidities in the Mexican Labor Market 1996-2011

Bank of Mexico Working Papers [View] (2016-12, 23.12.2016)

JEL: J30

The Volcker Rule and Market-Making in Times of Stress

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 23.12.2016)

JEL: G14, G21, G23, G24, G28

The Effect of Banks' Financial Position on Credit Growth: Evidence from OECD Countries

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 23.12.2016)

JEL: E44, G21, G28

A Portfolio Model of Quantitative Easing

Swiss National Bank Working Papers [View] (2016-12-23, 23.12.2016)

JEL: E43, E50, E52, E58, G11

Added onto the Research Hub on 23.12.2016

Do central banks respond timely to developments in the global economy?

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-12-22, 22.12.2016)

JEL: C11, C53, C55, E58, F17

Nowcasting using news topics. Big Data versus big bank

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-12-22, 22.12.2016)

JEL: C11, C32, E37

The politics of central bank independence

Netherlands Bank DNB Working Papers [View] (2016-12-22, 22.12.2016)

JEL: E42, E52, E58

How does risk flow in the credit default swap market?

European Systemic Risk Board Working papers [View] (2016-12-22, 22.12.2016)

JEL: G10, G15

Monetary Policy, Trend Inflation and Unemployment Volatility

Central Bank of Brazil Working Papers [View] (2016-12, 22.12.2016)

JEL: E2, E3, E5, J6

Words are the new numbers: A newsy coincident index of business cycles

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-12-22, 22.12.2016)

JEL: C11, C32, E32

Added onto the Research Hub on 22.12.2016

Credit, crisis and contract enforcement: evidence from the Spanish loan market

Bank of Spain Working Papers [View] (2016-12, 15.12.2016)

JEL: E51, G2, K41

Creating associations to substitute banks direct credit. Evidence from Belgium

National Bank of Belgium Working Papers [View] (2016-12, 15.12.2016)

JEL: G21, G30

Bank lending and loan quality: the case of India

Bank for International Settlements Working papers [View] (2016-12-16, 16.12.2016)

JEL: E30, G10, G21

When Can Trend-Cycle Decompositions Be Trusted?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 20.12.2016)

JEL: C13, C32, C52

Macroeconomics of bank capital and liquidity regulations

Bank for International Settlements Working papers [View] (2016-12-19, 19.12.2016)

JEL: E60, G18, G28

Did the founding of the Federal Reserve affect the vulnerability of the interbank system to contagion risk?

Bank for International Settlements Working papers [View] (2016-12-21, 21.12.2016)

JEL: E42, E44, E58, G21, N11, N12, N21, N22

Fewer but Better: Sudden Stops, Firm Entry, and Financial Selection

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-12, 20.12.2016)

JEL: F40, F41, F43, O11, O16

Bank networks: contagion, systemic risk and prudential policy

Bank for International Settlements Working papers [View] (2016-12-20, 20.12.2016)

JEL: C63, D85, G21, G28, L14

Monetary Policy, Private Debt and Financial Stability Risks

Bank of Canada Working papers [View] (2016-12-19, 20.12.2016)

JEL: C21, C23, E52, E58

Financial contagion with spillover effects: a multiplex network approach

European Systemic Risk Board Working papers [View] (2016-12-21, 21.12.2016)

JEL: C63, D85, G01, G18

The (unintended?) consequences of the largest liquidity injection ever

European Systemic Risk Board Working papers [View] (2016-12-21, 21.12.2016)

JEL: E58, G21, G28, H63

The impact of export promotion on export market entry

National Bank of Belgium Working Papers [View] (2016-12, 21.12.2016)

JEL: F13, F14

Banking industry dynamics and size-dependent capital regulation

Bank for International Settlements Working papers [View] (2016-12-21, 21.12.2016)

JEL: C60, E50, G21, G28

Added onto the Research Hub on 21.12.2016

Monetary Policy Credibility and the Comovement between Stock Returns and Inflation

Central Bank of Brazil Working Papers [View] (2016-12, 20.12.2016)

JEL: E31, E44, E52

Added onto the Research Hub on 20.12.2016

Private Information in Over-the-Counter Markets

Richmond Fed Working Papers [View] (2016-12, 19.12.2016)

JEL: D53, D82, G14

Decomposition of Systemic Risk Drivers in Evolving Financial Networks

Central Bank of Brazil Working Papers [View] (2016-12, 19.12.2016)

JEL: C63, G01, G21, G28

Added onto the Research Hub on 18.12.2016

How Would Monetary Policy Look Like if John Rawls Had Been Hired as a Chairman of the Fed?

Central Bank of Brazil Working Papers [View] (2016-12, 17.12.2016)

JEL: E31, E32, E52

Added onto the Research Hub on 17.12.2016

Macroeconomic stabilization, monetary-fiscal interactions, and Europes monetary union

European Central Bank Working papers [View] (2016-12-15, 15.12.2016)

JEL: E31, E62, E63

Monetary Policy Implementation and Private Repo Displacement: Evidence from the Overnight Reverse Repurchase Facility

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 16.12.2016)

JEL: E52, E58, G11, G23

Uncovering the heterogeneous effects of ECB unconventional monetary policies across euro area countries

Bank of Spain Working Papers [View] (2016-12, 16.12.2016)

JEL: C32, E52, E58

Equity Option-Implied Probability of Default and Equity Recovery Rate

Bank of Canada Working papers [View] (2016-12-15, 16.12.2016)

JEL: G13, G33

Dealer Balance Sheets and Bond Liquidity Provision

New York Fed Staff reports [View] (2016-12, 16.12.2016)

JEL: G12, G18, G21

Prudential policies and their impact on credit in the United States

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-12, 16.12.2016)

JEL: G21, G23, G28

A Passage to India: Quantifying Internal and External Barriers to Trade

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-12, 16.12.2016)

JEL: F13, F14, O18, O24

The Effects of Mortgage Credit Availability: Evidence from Minimum Credit Score Lending Rules

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 16.12.2016)

Options, Equity Risks, and the Value of Capital Structure Adjustments

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 16.12.2016)

JEL: G12, G14, G30, G32

Added onto the Research Hub on 16.12.2016

Trust in the central bank and inflation expectations

Netherlands Bank DNB Working Papers [View] (2016-12-14, 15.12.2016)

JEL: D12, D81, E03, E40, E58

Will helicopter money be spent? New evidence

Netherlands Bank DNB Working Papers [View] (2016-12-15, 15.12.2016)

JEL: D14, E52, E58

Added onto the Research Hub on 15.12.2016

Family Job Search and Wealth: The Added Worker Effect Revisited

Philadelphia Fed Working Papers [View] (2016-12, 12.12.2016)

JEL: C33, E21, E24, J64

A Tractable Model of the Demand for Reserves Under Nonlinear Remuneration Schemes

Philadelphia Fed Working Papers [View] (2016-12, 13.12.2016)

JEL: E41, E42

La Belgique et lEurope dans la tourmente monétaire des années 1970 - Entretiens avec Jacques van Ypsersele

National Bank of Belgium Working Papers [View] (2016-12, 13.12.2016)

JEL: A11, B22, E60, F50, N74

Sectoral allocation and macroeconomic imbalances in EMU

Netherlands Bank DNB Working Papers [View] (2016-12-12, 13.12.2016)

JEL: F32, F34, F36, F45

No. 37 Evolution of Bilateral Capital Flows to Developing Countries at Intensive and Extensive Margins

Bank of Lithuania Working Papers [View] (2016-12, 12.12.2016)

JEL: C33, C34, F21, F62, O16

The aggregate effects of government income transfer shocks - EU evidence

Bank of Spain Working Papers [View] (2016-12, 14.12.2016)

JEL: E2, E62, H55, I38

Options Decimalization

Bank of Canada Working papers [View] (2016-12-13, 14.12.2016)

JEL: G14, G20, L10

Bank Screening Heterogeneity

Bank of Canada Working papers [View] (2016-12-13, 14.12.2016)

JEL: G14, G21, L13

Added onto the Research Hub on 11.12.2016

Downsized FX markets: causes and implications

Bank for International Settlements Quarterly Review [View] (2016-12, 11.12.2016)

JEL: C42, C82, F31, G12, G15

The changing shape of interest rate derivatives markets

Bank for International Settlements Quarterly Review [View] (2016-12, 11.12.2016)

JEL: E43, G15, G18, G21, G23

Emerging derivatives markets?

Bank for International Settlements Quarterly Review [View] (2016-12, 11.12.2016)

JEL: F12, G12, G23

Non-deliverable forwards: impact of currency internationalisation and derivatives reform

Bank for International Settlements Quarterly Review [View] (2016-12, 11.12.2016)

JEL: F31, G15, G18

Does the financial channel of exchange rates offset the trade channel?

Bank for International Settlements Quarterly Review [View] (2016-12, 11.12.2016)

JEL: F31, F41, F43, G15

Added onto the Research Hub on 09.12.2016

The dynamic effect of public expenditure shocks in the United States

Bank of Spain Working Papers [View] (2016-12, 09.12.2016)

JEL: E2, E62, H55, H56, I38

Determinants of sub-sovereign bond yield spreads: the role of fiscal fundamentals and federal bailout expectations

European Central Bank Working papers [View] (2016-12-09, 09.12.2016)

JEL: E62, G12, H7

A global trade model for the euro area

European Central Bank Working papers [View] (2016-12-09, 09.12.2016)

JEL: C38, F17, F47

A quantitative case for leaning against the wind

Bank for International Settlements Working papers [View] (2016-12-09, 09.12.2016)

JEL: E32, E37, E52, E58

Quantitative Easing in a Small Open Economy: An International Portfolio Balancing Approach

Bank of Canada Working papers [View] (2016-12-08, 09.12.2016)

JEL: E52, F41

Producer Heterogeneity, Value-Added, and International Trade

Bank of Canada Working papers [View] (2016-12-08, 09.12.2016)

JEL: F11, F12, F14

Added onto the Research Hub on 08.12.2016

Estimating the Natural Interest Rate for Iceland: An Exploratory Study

Central Bank of Iceland Working Papers [View] (2016-12-06, 08.12.2016)

JEL: C22, C51, E44, E58

Effects of Fiscal Policy in the DSGE-VAR Framework: The Case of the Czech Republic

Czech National Bank Working papers [View] (2016-12, 08.12.2016)

JEL: C11, E62, F41, H30

Added onto the Research Hub on 07.12.2016

Consumption over the life cycle in Poland

National Bank of Poland Working papers [View] (2016-12, 07.12.2016)

JEL: C49, D61, D91

Added onto the Research Hub on 06.12.2016

On measuring uncertainty and its impact on investment: cross-country evidence from the euro area

Deutsche Bundesbank Discussion Papers [View] (2016-12-06, 06.12.2016)

JEL: C53, D81, E22, E32

The countercyclical capital buffer and the composition of bank lending

Bank for International Settlements Working papers [View] (2016-12-06, 06.12.2016)

JEL: E51, E58, E60, G01, G21, G28

Price-Setting in Mexico and the Real Effects of Monetary Shocks

Bank of Mexico Working Papers [View] (2016-12, 06.12.2016)

JEL: E30, E31, E32

Distributed ledger technology in payments, clearing, and settlement

Board of Governors of the Federal Reserve System FEDS series [View] (2016-12, 06.12.2016)

Added onto the Research Hub on 03.12.2016

Changes in Inflation Predictability in Major Latin American Countries

Bank of Mexico Working Papers [View] (2016-12, 03.12.2016)

JEL: C32, E41, E42, E52

Added onto the Research Hub on 02.12.2016

Macroeconomic now- and forecasting based on the factor error correction model using targeted mixed frequency indicators

Deutsche Bundesbank Discussion Papers [View] (2016-12-02, 02.12.2016)

JEL: C18, C23, C51, C52, C53

Added onto the Research Hub on 01.12.2016

Fedspeak: Who Moves U.S. Asset Prices?

IJCB International Journal of Central Banking [View] (2016-12, 01.12.2016)

JEL: C1, E5

Globalization, Pass-Through, and Inflation Dynamics

IJCB International Journal of Central Banking [View] (2016-12, 01.12.2016)

JEL: F40, F60

The Demand for Short-Term, Safe Assets and Financial Stability: Some Evidence and Implications for Central Bank Policies

IJCB International Journal of Central Banking [View] (2016-12, 01.12.2016)

JEL: E4, E5, G12, G18, G2

Consumer Cash Usage: A Cross-Country Comparison with Payment Diary Survey Data

IJCB International Journal of Central Banking [View] (2016-12, 01.12.2016)

JEL: D12, E41, E58

Death of a Reserve Currency

IJCB International Journal of Central Banking [View] (2016-12, 01.12.2016)

JEL: E58, F33, N13

What Is Learned from a Currency Crisis, Fear of Floating, or Hollow Middle? Identifying Exchange Rate Policy in Crisis Countries

IJCB International Journal of Central Banking [View] (2016-12, 01.12.2016)

JEL: C32, E52, F31, F33

Which Aspects of Central Bank Transparency Matter? A Comprehensive Analysis of the Effect of Transparency on Survey Forecasts

IJCB International Journal of Central Banking [View] (2016-12, 01.12.2016)

JEL: C53, D83, E50

Bank Lending in Times of Large Bank Reserves

IJCB International Journal of Central Banking [View] (2016-12, 01.12.2016)

JEL: E42, E43, E51, G21

Credit Spreads, Financial Crises, and Macroprudential Policy

New York Fed Staff reports [View] (2016-12, 01.12.2016)

JEL: E32, E44, F41

Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network

New York Fed Staff reports [View] (2016-12, 01.12.2016)

JEL: F34, G01, G21

Added onto the Research Hub on 30.11.2016

An Early Warning System for Macro-prudential Policy in France.

Bank of France Working Papers [View] (2016-11, 30.11.2016)

JEL: C58, E52, G12

Global Trade Flows: Revisiting the Exchange Rate Elasticities

Bank of France Working Papers [View] (2016-11, 30.11.2016)

JEL: C51, F14, F31, F33, F41

The evolution of inflation expectations in euro area markets

Bank of Spain Working Papers [View] (2016-11, 30.11.2016)

JEL: C32, E31, G13

Changing dynamics at the zero lower bound

Swiss National Bank Working Papers [View] (2016-11-30, 30.11.2016)

JEL: C3, E3

Insurance Against Local Productivity Shocks: Evidence from Commuters in Mexico

Bank of Mexico Working Papers [View] (2016-11, 30.11.2016)

JEL: F1, J6, O2, R1

Theory Ahead of Measurement? Assessing the Nonlinear Effects of Financial Market Disruptions

Richmond Fed Working Papers [View] (2016-11, 30.11.2016)

Added onto the Research Hub on 29.11.2016

Excess Reserves and Monetary Policy Implementation

Philadelphia Fed Working Papers [View] (2016-11, 29.11.2016)

JEL: E42, E43, E52, E58

Evaluation of Exchange Rate Point and Density Forecasts: an application to Brazil

Central Bank of Brazil Working Papers [View] (2016-11, 29.11.2016)

JEL: C14, C15, C33, E37, F31

Loan-To-Value Policy and Housing Loans: effects on constrained borrowers

Central Bank of Brazil Working Papers [View] (2016-11, 29.11.2016)

JEL: G21, G28

Pension profile preferences: the influence of trust and expected expenses

Netherlands Bank DNB Working Papers [View] (2016-11-28, 29.11.2016)

JEL: D14, D91, G20, J26

Added onto the Research Hub on 26.11.2016

Capital Flows to Developing Countries: Is There an Allocation Puzzle?

Bank of Canada Working papers [View] (2016-11-25, 26.11.2016)

JEL: E13, E21, F43

Supervising Financial Regulators

Bank of Canada Working papers [View] (2016-11-25, 26.11.2016)

JEL: E44, G28, H7

Added onto the Research Hub on 25.11.2016

Aggregate Liquidity Management

Philadelphia Fed Working Papers [View] (2016-11, 25.11.2016)

JEL: E32, E42, E52