EU - Central Bank Research Hub

Title Author(s)

Banks' maturity transformation:risk, reward, and policy

European Systemic Risk Board Working papers [View] (Paper: 63, 30.01.2018)

JEL: E43, G21, G28

Short-selling bans and bank stability

European Systemic Risk Board Working papers [View] (Paper: 64, 30.01.2018)

JEL: G01, G12, G14, G18

Sovereign bond-backed securities: a VAR-for-VaR and Marginal Expected Shortfall assessment

European Systemic Risk Board Working papers [View] (Paper: 65, 30.01.2018)

JEL: E43, E44, E52, G12, G14

How effective are sovereign bond-backed securities as a spillover prevention device?

European Systemic Risk Board Working papers [View] (Paper: 66, 30.01.2018)

JEL: C58, G11, G12, G17

Positive liquidity spillovers from sovereign bond-backed securities

European Systemic Risk Board Working papers [View] (Paper: 67, 30.01.2018)

JEL: C22, C53, C58, C63, E44, G12, G24

The portfolio of euro area fund investors and ECB monetary policy announcements

European Central Bank Working papers [View] (Paper: 2116, 13.01.2018)

JEL: E2, F3, G11, G15

Macroeconomic implications of oil price fluctuations: a regime-switching framework for the euro area

European Central Bank Working papers [View] (Paper: 2119, 21.12.2017)

JEL: C32, E31, E52

Capital and liquidity buffers and the resilience of the banking system in the euro area

European Central Bank Working papers [View] (Paper: 2120, 21.12.2017)

JEL: E51, E52, G21

The employment consequences of SMEs' credit constraints in the wake of the Great Recession

European Central Bank Working papers [View] (Paper: 2117, 20.12.2017)

JEL: D22, G01, G21, J21, J23

Indebtedness in the EU: a drag or a catalyst for growth?

European Central Bank Working papers [View] (Paper: 2118, 20.12.2017)

JEL: H60, N14, O47

ETF arbitrage under liquidity mismatch

European Systemic Risk Board Working papers [View] (Paper: 59, 04.12.2017)

JEL: G12, G14, G23

Evidence on finance and economic growth

European Central Bank Working papers [View] (Paper: 2115, 04.12.2017)

JEL: G1, O4

Real convergence in the euro area: a long-term perspective

European Central Bank Occasional papers [View] (Paper: 203, 01.12.2017)

JEL: E01, F15, J11, O11, O43, O47, O52, O57

Modelling euro banknote quality in circulation

European Central Bank Occasional papers [View] (Paper: 204, 01.12.2017)

JEL: C46, C63, E42, E58

The risk premium channel and long-term growth

European Central Bank Working papers [View] (Paper: 2114, 01.12.2017)

JEL: D53, G01, G12

Developing macroprudential policy for alternative investment funds

European Central Bank Occasional papers [View] (Paper: 202, 30.11.2017)

JEL: E61, G23, G28

Liquidity provision as a monetary policy tool: the ECB's non-standard measures after the financial crisis

European Central Bank Working papers [View] (Paper: 2113, 29.11.2017)

JEL: E44, E58

The use of cash by households in the euro area

European Central Bank Occasional papers [View] (Paper: 201, 27.11.2017)

JEL: D12, D14, E41, E58

Common factors of commodity prices

European Central Bank Working papers [View] (Paper: 2112, 16.11.2017)

JEL: C51, C53, Q02

The distribution of excess liquidity in the euro area

European Central Bank Occasional papers [View] (Paper: 200, 14.11.2017)

JEL: D39, E41, E44, E50, G01, G28

Structural reform waves and economic growth

European Central Bank Working papers [View] (Paper: 2111, 14.11.2017)

JEL: E65, O11, O43, O47

A structural model to study the bail-out process in a bank and its macro-prudential policy implications

European Central Bank Working papers [View] (Paper: 2110, 13.11.2017)

JEL: G21, G28, H81

The international bank lending channel of unconventional monetary policy

European Central Bank Working papers [View] (Paper: 2109, 13.11.2017)

JEL: E44, E52, G01

Tracing European structured finance counterparty networks

European Central Bank Occasional papers [View] (Paper: 199, 08.11.2017)

JEL: D85, G21, G23, G32

Syndicated loans and CDS positioning

European Systemic Risk Board Working papers [View] (Paper: 58, 01.11.2017)

JEL: G21, G28

Real exchange rate misalignments in the euro area

European Central Bank Working papers [View] (Paper: 2108, 01.11.2017)

JEL: E24, E30, F00

A macro approach to international bank resolution

European Systemic Risk Board Working papers [View] (Paper: 56, 01.11.2017)

JEL: G01, G21, G28

Why are banks not recapitalized during crises?

European Systemic Risk Board Working papers [View] (Paper: 57, 01.11.2017)

JEL: E44, F33, G21, G28

On collateral: implications for financial stability and monetary policy

European Central Bank Working papers [View] (Paper: 2107, 01.11.2017)

JEL: E44, E59, G18

Dissecting long-term Bund yields in the run-up to the ECB's Public Sector Purchase Programme

European Central Bank Working papers [View] (Paper: 2106, 30.10.2017)

JEL: E43, E52

Do we want these two to tango? On zombie firms and stressed banks in Europe

European Central Bank Working papers [View] (Paper: 2104, 01.10.2017)

JEL: E44, G21, G32

Monetary policy and bank profitability in a low interest rate environment

European Central Bank Working papers [View] (Paper: 2105, 01.10.2017)

JEL: E43, E52, G01, G21, G28

Large net foreign liabilities of euro area countries

European Central Bank Occasional papers [View] (Paper: 198, 01.10.2017)

JEL: F21, F32, F34, F36, F45

Price rigidities and the granular origins of aggregate fluctuations

European Central Bank Working papers [View] (Paper: 2102, 01.10.2017)

JEL: E31, E32, O40

Asymmetric wage adjustment and employment in European firms

European Central Bank Working papers [View] (Paper: 2103, 01.10.2017)

JEL: J23, J30

Collateral scarcity premia in euro area repo markets

European Systemic Risk Board Working papers [View] (Paper: 55, 01.10.2017)

JEL: E52, G12, G23

Access to finance in the Western Balkans

European Central Bank Occasional papers [View] (Paper: 197, 27.09.2017)

JEL: E22, G30, O16

The Eurosystem's asset purchase programme and TARGET balances

European Central Bank Occasional papers [View] (Paper: 196, 15.09.2017)

JEL: E58, F32, G02

Networks of counterparties in the centrally cleared EU-wide interest rate derivatives market

European Systemic Risk Board Working papers [View] (Paper: 54, 01.09.2017)

JEL: G10, G23, L14

Firm heterogeneity and aggregate business services exports: micro evidence from Belgium, France, Germany and Spain

European Central Bank Working papers [View] (Paper: 2097, 01.09.2017)

JEL: F14

Corporate debt and investment: a firm level analysis for stressed euro area countries

European Central Bank Working papers [View] (Paper: 2101, 01.09.2017)

JEL: E22, F34, G31, G32

Do negative interest rates make banks less safe?

European Central Bank Working papers [View] (Paper: 2098, 01.09.2017)

JEL: G20, G21

Household spending out of a tax rebate: Italian "€80 tax bonus"

European Central Bank Working papers [View] (Paper: 2099, 01.09.2017)

JEL: D12, E21

More than a feeling: confidence, uncertainty and macroeconomic fluctuations

European Central Bank Working papers [View] (Paper: 2100, 01.09.2017)

JEL: E32, F44, G15

Home, safe home: cross-country monitoring framework for vulnerabilities in the residential real estate sector

European Central Bank Working papers [View] (Paper: 2096, 25.08.2017)

JEL: C53, E32, R31

Spillovers from the ECB's non-standard monetary policy measures on south-eastern Europe

European Central Bank Working papers [View] (Paper: 2095, 23.08.2017)

JEL: C11, C32, E52, F42

Subsidising car purchases in the euro area: any spill-over on production?

European Central Bank Working papers [View] (Paper: 2094, 23.08.2017)

JEL: C32, C54, E23, E62, H25

Why should the world care? Analysis, mechanisms and spillovers of the destination based border adjusted tax

European Central Bank Working papers [View] (Paper: 2093, 07.08.2017)

JEL: C68, E47, F41, F44, F62, O41

The political economy of fiscal transparency and independent fiscal councils

European Central Bank Working papers [View] (Paper: 2091, 04.08.2017)

JEL: E62, H6

Sources of the small firm financing premium: evidence from euro area banks

European Central Bank Working papers [View] (Paper: 2092, 04.08.2017)

JEL: E51, G20, G21