Working Papers

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Working Papers - last 12 months

Aug 2010
No 318

Ageing and asset prices

by Előd Takáts


Jul 2010
No 317

Countercyclical capital buffers: exploring options

by Mathias Drehmann, Claudio Borio, Leonardo Gambacorta, Gabriel Jimenez and Carlos Trucharte


Jul 2010
No 316

Funding liquidity risk: definition and measurement

by Mathias Drehmann and Kleopatra Nikolaou


Jul 2010
No 315

The determinants of cross-border bank flows to emerging markets: new empirical evidence on the spread of financial crises

by Sabine Herrmann and Dubravko Mihaljek


Jul 2010
No 314

Chronicle of currency collapses: re-examining the effects on output

by Matthieu Bussière, Sweta C Saxena and Camilo Tovar


Jun 2010
No 313

Banks and financial intermediation in emerging Asia: reforms and new risks

by Madhusudan Mohanty and Philip Turner


Jun 2010
No 312

China's high saving rate: myth and reality

by Guonan Ma and Wang Yi


Jun 2010
No 311

Resolving the financial crisis: are we heeding the lessons from the Nordics?

by Claudio Borio, Bent Vale and Goetz von Peter


Jun 2010
No 310

Central bank co-operation and international liquidity in the financial crisis of 2008-9

by William Allen and Richhild Moessner


May 2010
No 309

Toward a global risk map

by Stephen Cecchetti, Ingo Fender and Patrick McGuire


May 2010
No 308

Attributing systemic risk to individual institutions

by Nikola Tarashev, Claudio Borio and Kostas Tsatsaronis


Apr 2010
No 307

Oil shocks and optimal monetary policy

by Carlos Montoro


Mar 2010
No 306

Household decisions, credit markets and the macroeconomy: implications for the design of central bank models

by John Muellbauer


Mar 2010
No 305

Fear of fire sales and the credit freeze

by Douglas W Diamond and Raghuram G Rajan


Mar 2010
No 304

Financial intermediation and the post-crisis financial system

by Hyun Song Shin


Mar 2010
No 303

Illiquidity and all its friends

by Jean Tirole


Mar 2010
No 302

Accounting alchemy

by Robert E Verrecchia


Mar 2010
No 301

The failure mechanics of dealer banks

by Darrell Duffie


Mar 2010
No 300

The future of public debt: prospects and implications

by Stephen Cecchetti, Madhusudan Mohanty and Fabrizio Zampolli


Mar 2010
No 299

Public governance of central banks: an approach from new institutional economics

by Yoshiharu Oritani


Mar 2010
No 298

Does monetary policy affect bank risk-taking?

by Yener Altunbas, Leonardo Gambacorta and David Marques-Ibanez


Feb 2010
No 297

The bank lending channel revisited

by Piti Disyatat


Jan 2010
No 296

Assessing the systemic risk of a heterogeneous portfolio of banks during the recent financial crisis

by Xin Huang, Hao Zhou and Haibin Zhu


Dec 2009
No 295

Consumption and real exchange rates in professional forecasts

by Michael B Devereux, Gregor W Smith and James Yetman


Dec 2009
No 294

The risk of relying on reputational capital: a case study of the 2007 failure of New Century Financial

by Allen B Frankel


Nov 2009
No 293

Ten propositions about liquidity crises

by Claudio Borio


Nov 2009
No 292

Unconventional monetary policies: an appraisal

by Claudio Borio and Piti Disyatat


Oct 2009
No 291

The US dollar shortage in global banking and the international policy response

by Patrick McGuire and Goetz von Peter


Oct 2009
No 290

Mutual guarantee institutions and small business finance

by Francesco Columba, Leonardo Gambacorta and Paolo Emilio Mistrulli


Sep 2009
No 289

Incentives and tranche retention in securitisation: a screening model

by Ingo Fender and Janet Mitchell


Sep 2009
No 288

Time to buy or just buying time? The market reaction to bank rescue packages

by Michael R King