http://www.bis.org/list/wpapers/from_01012008/index.rss BIS Working Papers are written by economists from the Bank for International Settlements (BIS) and, occasionally, from central banks or academic institutions. 2008 en http://www.bis.org/publ/work270.htm Abstract of BIS Working Papers No 270 Catching-up and inflation in transition economies: the Balassa-Samuelson effect revisited 2008-12-23T18:00:00Z Catching-up and inflation in transition economies: the Balassa-Samuelson effect revisited 2008-12-23T18:00:00Z BIS Balassa-Samuelson effect productivity inflation transition convergence Maastricht criteria European monetary union PDF version http://www.bis.org/publ/work270.pdf Dubravko Mihaljek Mihaljek Mr Bank for International Settlements Marc Klau Klau Mr Bank for International Settlements Dubravko Mihaljek and Marc Klau December 2008 Bank for International Settlements: Working Papers 270 http://www.bis.org/publ/work269.htm BIS Working Papers No 269 Monetary policy implementation: Misconceptions and their consequences 2008-12-22T18:00:00Z Monetary policy implementation: Misconceptions and their consequences 2008-12-22T18:00:00Z BIS interest rates monetary policy implementation transmission mechanism sterilized intervention money liquidity effect bank lending channel PDF version http://www.bis.org/publ/work269.pdf Piti Disyatat Disyatat Mr Bank for International Settlements Piti Disyatat December 2008 Bank for International Settlements: Working Papers 269 http://www.bis.org/publ/work268.htm BIS Working Papers No 268 Capital regulation, risk-taking and monetary policy: a missing link in the transmission mechanism? 2008-12-17T18:00:00Z Capital regulation, risk-taking and monetary policy: a missing link in the transmission mechanism? 2008-12-17T18:00:00Z BIS procyclicality risk-taking channel transmission mechanism capital regulation PDF version http://www.bis.org/publ/work268.pdf Claudio Borio Borio Mr Bank for International Settlements Haibin Zhu Zhu Mr Bank for International Settlements Claudio Borio and Haibin Zhu December 2008 Bank for International Settlements: Working Papers 268 http://www.bis.org/publ/work267.htm BIS Working Papers No 267 Interpreting deviations from covered interest parity during the financial market turmoil of 2007-08 2008-12-17T17:00:00Z Interpreting deviations from covered interest parity during the financial market turmoil of 2007-08 2008-12-17T17:00:00Z BIS FX Swap dollar term auction facility dollar swap lines counterparty risk financial market turmoil covered interest parity PDF version http://www.bis.org/publ/work267.pdf Naohiko Baba Baba Mr Bank for International Settlements Frank Packer Packer Mr Bank for International Settlements Naohiko Baba and Frank Packer December 2008 Bank for International Settlements: Working Papers 267 http://www.bis.org/publ/work266.htm Abstract of BIS Working Papers No 266 Private matters 2008-12-02T17:00:00Z Private matters 2008-12-02T17:00:00Z BIS initial public offering private benefits of control private firms family firms inside ownership board composition venture capital PDF version http://www.bis.org/publ/work266.pdf Jean Helwege Helwege Mr Bank for International Settlements Frank Packer Packer Mr Bank for International Settlements Jean Helwege and Frank Packer December 2008 Bank for International Settlements: Working Papers 266 http://www.bis.org/publ/work265.htm Abstract of BIS Working Papers No 265 External support and bank behaviour in the international syndicated loan market 2008-11-17T17:00:00Z External support and bank behaviour in the international syndicated loan market 2008-11-17T17:00:00Z BIS syndicated loans banks external support portfolio choices risk taking PDF version http://www.bis.org/publ/work265.pdf Blaise Gadanecz Gadanecz Mr Bank for International Settlements Kostas Tsatsaronis Tsatsaronis Mr Bank for International Settlements Blaise Gadanecz and Kostas Tsatsaronis November 2008 Bank for International Settlements: Working Papers 265 http://www.bis.org/publ/work264.htm Abstract of BIS Working Papers No 264 Price discovery from cross-currency and FX swaps: a structural analysis 2008-11-13T17:00:00Z Price discovery from cross-currency and FX swaps: a structural analysis 2008-11-13T17:00:00Z BIS Currency Swap FX Swap Price Discovery State Space Model Efficient Price PDF version http://www.bis.org/publ/work264.pdf Naohiko Baba Baba Mr Bank for International Settlements Yasuaki Amatatsu Amatatsu Mr Bank for International Settlements Naohiko Baba and Yasuaki Amatatsu November 2008 Bank for International Settlements: Working Papers 264 http://www.bis.org/publ/work263.htm Abstract of BIS Working Papers No 263 Determinants of house prices in nine Asia-Pacific economies 2008-10-24T16:00:00Z Determinants of house prices in nine Asia-Pacific economies 2008-10-24T16:00:00Z BIS Asia-Pacific economies House price dynamics Housing bubble House price overvaluation Mean reversion Persistence parameter PDF version http://www.bis.org/publ/work263.pdf Eloisa T Glindro Glindro Ms Tientip Subhanij Subhanij Dr Jessica Szeto Szeto Ms Haibin Zhu Zhu Mr Bank for International Settlements Eloisa T Glindro, Tientip Subhanij, Jessica Szeto and Haibin Zhu October 2008 Bank for International Settlements: Working Papers 263 http://www.bis.org/publ/work262.htm Abstract of BIS Working Papers No 262 Effectiveness of monetary policy communication in Indonesia and Thailand 2008-09-29T16:00:00Z Effectiveness of monetary policy communication in Indonesia and Thailand 2008-09-29T16:00:00Z BIS monetary policy communication effectiveness Bank Indonesia Bank of Thailand PDF version http://www.bis.org/publ/work262.pdf Sahminan Sahminan Sahminan Mr Bank for International Settlements Sahminan Sahminan September 2008 Bank for International Settlements: Working Papers 262 http://www.bis.org/publ/work261.htm Abstract of BIS Working Papers No 261 The Asian crisis: what did local stock markets expect? 2008-09-24T16:00:00Z The Asian crisis: what did local stock markets expect? 2008-09-24T16:00:00Z BIS currency crisis Asian crisis information content of local equity prices PDF version http://www.bis.org/publ/work261.pdf Jacob Gyntelberg Gyntelberg Mr Bank for International Settlements Alicia García-Herrero García-Herrero Ms Bank for International Settlements Andrea Tesei Tesei Mr Bank for International Settlements Jacob Gyntelberg, Alicia García-Herrero and Andrea Tesei September 2008 Bank for International Settlements: Working Papers 261 http://www.bis.org/publ/work260.htm Abstract of BIS Working Papers No 260 Estimating hedge fund leverage 2008-09-18T16:00:00Z Estimating hedge fund leverage 2008-09-18T16:00:00Z BIS systemic risk leverage hedge funds style analysis PDF version http://www.bis.org/publ/work260.pdf Patrick McGuire McGuire Mr Bank for International Settlements Kostas Tsatsaronis Tsatsaronis Mr Bank for International Settlements Patrick McGuire and Kostas Tsatsaronis September 2008 Bank for International Settlements: Working Papers 260 http://www.bis.org/publ/work259.htm Abstract of BIS Working Papers No 259 The housing meltdown: Why did it happen in the United States? 2008-09-18T15:00:00Z The housing meltdown: Why did it happen in the United States? 2008-09-18T15:00:00Z BIS housing construction housing prices mortgage delinquencies mortgage markets subprime PDF version http://www.bis.org/publ/work259.pdf Luci Ellis Ellis Mrs Bank for International Settlements Luci Ellis September 2008 Bank for International Settlements: Working Papers 259 http://www.bis.org/publ/work258.htm BIS Working Papers No 258 DSGE models and central banks 2008-09-02T16:00:00Z DSGE models and central banks 2008-09-02T16:00:00Z BIS monetary policy central banks DSGE model communication and forecasting PDF version http://www.bis.org/publ/work258.pdf Camilo Tovar Tovar Mr Bank for International Settlements Camilo Tovar September 2008 Bank for International Settlements: Working Papers 258 http://www.bis.org/publ/work257.htm BIS Working Papers No 257 Financial system: shock absorber or amplifier? 2008-07-17T16:00:00Z Financial system: shock absorber or amplifier? 2008-07-17T16:00:00Z BIS financial crises financial intermediation bank regulation market failure PDF version http://www.bis.org/publ/work257.pdf Franklin Allen Allen Mr Bank for International Settlements Elena Carletti Carletti Ms Bank for International Settlements Franklin Allen and Elena Carletti July 2008 Bank for International Settlements: Working Papers 257 http://www.bis.org/publ/work256.htm BIS Working Papers No 256 Liquidity and financial cycles 2008-07-17T15:00:00Z Liquidity and financial cycles 2008-07-17T15:00:00Z BIS liquidity leverage financial cycle financial intermediation PDF version http://www.bis.org/publ/work256.pdf Tobias Adrian Adrian Mr Bank for International Settlements Hyun Song Shin Shin Mr Bank for International Settlements Tobias Adrian and Hyun Song Shin July 2008 Bank for International Settlements: Working Papers 256