Working Papers - BIS

Date	Publications
Nov 2005 No 192	The mechanics of devaluations and the output response in a DSGE model: how relevant is the balance sheet effect? by Camilo Tovar
Nov 2005 No 191	Explaining the level of credit spreads: option-implied jump risk premia in a firm value model by Martijn Cremers, Joost Driessen, Pascal Maenhout and David Weinbaum
Nov 2005 No 190	The pricing of unexpected credit losses by Jeffery Amato and Eli M Remolona
Nov 2005 No 189	Beyond current policy frameworks by Charles Goodhart
Nov 2005 No 188	Japan's deflation, problems in the financial system and monetary policy by Naohiko Baba, Shinichi Nishioka, Nobuyuki Oda, Masaaki Shirakawa, Kazuo Ueda and Hiroshi Ugai
Nov 2005 No 187	External shocks, transmission mechanisms and deflation in Asia by Hans Genberg
Nov 2005 No 186	Deflation in a historical perspective by Michael Bordo and Andrew Filardo
Nov 2005 No 185	Has the inflation process changed? by Stephen G Cecchetti and Guy Debelle
Oct 2005 No 184	A nonparametric analysis of the shape dynamics of the US personal income distribution: 1962-2000 by Feng Zhu
Oct 2005 No 183	The fragility of the Phillips curve: A bumpy ride in the frequency domain by Feng Zhu
Sep 2005 No 182	Revisiting recent productivity developments across OECD countries by Les Skoczylas and Bruno Tissot
Sep 2005 No 181	Explaining credit default swap spreads with equity volatility and jump risks of individual firms by Haibin Zhu, Benjamin Zhang and Hao Zhou
Sep 2005 No 180	Accounting, prudential regulation and financial stability: elements of a synthesis by Claudio Borio and Kostas Tsatsaronis
Jul 2005 No 179	An empirical evaluation of structural credit risk models by Nikola Tarashev
Jun 2005 No 178	Research on exchange rates and monetary policy: an overview by Jeffery Amato, Andrew Filardo, Gabriele Galati, Feng Zhu and Goetz von Peter
May 2005 No 177	Forbearance and prompt corrective action by Narayana Kocherlakota and Ilhyock Shim
Apr 2005 No 176	Debt-deflation: concepts and a stylised model by Goetz von Peter
Apr 2005 No 175	Commercial property prices and bank performance by E. Davis and Haibin Zhu
Apr 2005 No 174	How does fiscal policy affect monetary policy in emerging market countries? by Edda Zoli
Mar 2005 No 173	Measuring default risk premia from default swap rates and EDFs by Antje Berndt, Rohan Douglas, Darrell Duffie, Mark Ferguson and David Schranz
Mar 2005 No 172	The effectiveness of foreign exchange intervention in emerging market countries: evidence from the Czech koruna by Piti Disyatat and Gabriele Galati
Mar 2005 No 171	The role of the natural rate of interest in monetary policy by Jeffery Amato
Feb 2005 No 170	A model of the IMF as a coinsurance arrangement by Ralph Chami, Sunil Sharma and Ilhyock Shim
Feb 2005 No 169	Current account adjustment and capital flows by Guy Debelle and Gabriele Galati
Jan 2005 No 168	Inflation targeting, asset prices and financial imbalances: conceptualizing the debate by Piti Disyatat

Nov 2005
No 192