Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 18.10.2017

The Aggregate and Relative Economic Effects of Medicaid and Medicare Expansions

St Louis Fed Working Papers [View] (2017-10-16, 16.10.2017)

JEL: E62

Modelling a small open economy using a wavelet-based control model

Bank of Finland Discussion Papers [View] (2017-10-18, 18.10.2017)

JEL: C61, C63, C88, E52, E61, F47

Worker separation under performance pay : Empirical evidence from Finland

Bank of Finland Discussion Papers [View] (2017-10-19, 18.10.2017)

JEL: J31, J33, J62, J63, M52

On corporate borrowing, credit spreads and economic activity in emerging economies : An empirical investigation

Bank of Finland Discussion Papers [View] (2017-10-17, 18.10.2017)

JEL: E32, E37, F34, F37, G15

Added onto the Research Hub on 17.10.2017

Perceptions of Inequality

National Bank of the Republic of Austria Working Papers [View] (2017-10-17, 17.10.2017)

JEL: C81, D31, D63, D83

Actuarial Deductions for Early Retirement

National Bank of the Republic of Austria Working Papers [View] (2017-10-17, 17.10.2017)

JEL: H55, J1, J18, J26

Added onto the Research Hub on 16.10.2017

Too late, too sudden: Transition to a low-carbon economy and systemic risk

European Systemic Risk Board ASC Reports [View] (2016-02, 01.02.2016)

JEL: G28

Forbearance, resolution and deposit insurance

European Systemic Risk Board ASC Reports [View] (2012-07, 01.07.2012)

JEL: G28, G33

The consequences of the single supervisory mechanism for Europe's macro-prudential policy framework

European Systemic Risk Board ASC Reports [View] (2013-09, 01.09.2013)

JEL: G28

Allocating macro-prudential powers

European Systemic Risk Board ASC Reports [View] (2014-10, 01.10.2014)

JEL: G28

Is Europe Overbanked?

European Systemic Risk Board ASC Reports [View] (2014-06, 01.06.2014)

JEL: G10, G20

Monetary Policy and Digital Currencies: Much Ado about Nothing?

Bank of France Working Papers [View] (2017-09, 01.09.2017)

JEL: E52, E58

Time-varying fiscal spending multipliers in the UK

Bank of France Working Papers [View] (2017-09, 01.09.2017)

JEL: C32, E62, H30, H50

Entrepreneurship and Information on Past Failures: A Natural Experiment

Bank of France Working Papers [View] (2017-09, 01.09.2017)

JEL: G33, L26

Common Factors of Commodity Prices

Bank of France Working Papers [View] (2017-09, 01.09.2017)

JEL: C51, C53, Q02

A contribution from the Chair and Vice-Chairs of the Advisory Scientific Committee to the discussion on the European Commission's banking union proposals

European Systemic Risk Board ASC Reports [View] (2012-10, 01.10.2012)

JEL: G28

Measuring Limits of Arbitrage in Fixed-Income Markets

Bank of Canada Working papers [View] (2017-10, 01.10.2017)

JEL: G12

The Mode is the Message: Using Predata as Exclusion Restrictions to Evaluate Survey Design

Bank of Canada Working papers [View] (2017-10, 01.10.2017)

JEL: C8

Policy Rules for Capital Controls

Bank of Canada Working papers [View] (2017-10, 01.10.2017)

JEL: F3, F4, F5, G0, G1

Added onto the Research Hub on 13.10.2017

Large net foreign liabilities of euro area countries

European Central Bank Occasional papers [View] (2017-10, 01.10.2017)

JEL: F21, F32, F34, F36, F45

Interest rates and house prices in the United States and around the world

Bank for International Settlements Working papers [View] (2017-10, 01.10.2017)

JEL: E39, E43, E58, G12, R31, R32

Urban Transportation and Inter-Jurisdictional Competition

Richmond Fed Working Papers [View] (2017-10-12, 12.10.2017)

Optimal Incentive Contracts with Job Destruction Risk

Richmond Fed Working Papers [View] (2017-09-29, 29.09.2017)

JEL: D86

Added onto the Research Hub on 12.10.2017

Monetary policy and bank profitability in a low interest rate environment

European Central Bank Working papers [View] (2017-10, 01.10.2017)

JEL: E43, E52, G01, G21, G28

Taxes and the Fed : Theory and Evidence from Equities

Board of Governors of the Federal Reserve System FEDS series [View] (2017-10-11, 11.10.2017)

JEL: E63, G12

Added onto the Research Hub on 11.10.2017

Liquidity risk in markets with trading frictions: What can swing pricing achieve?

Bank for International Settlements Working papers [View] (2017-10, 01.10.2017)

JEL: C72, G01, G23, G28

Is the price right? Swing pricing and investor redemptions

Bank for International Settlements Working papers [View] (2017-10, 01.10.2017)

JEL: C72, G01, G23, G28

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

European Central Bank Working papers [View] (2017-10, 01.10.2017)

JEL: E44, G21, G32

Asymmetric wage adjustment and employment in European firms

European Central Bank Working papers [View] (2017-10, 01.10.2017)

JEL: J23, J30

Screening and Adverse Selection in Frictional Markets

Philadelphia Fed Working Papers [View] (2017-10-10, 10.10.2017)

JEL: D41, D42, D43, D82, D83, D86, L13

Added onto the Research Hub on 10.10.2017

Price rigidities and the granular origins of aggregate fluctuations

European Central Bank Working papers [View] (2017-10, 01.10.2017)

JEL: E31, E32, O40

The interconnections between services and goods trade at the firm-level

National Bank of Belgium Working Papers [View] (2017-10, 01.10.2017)

JEL: F10, F13, F14, L60, L80

Added onto the Research Hub on 07.10.2017

Spatial Commitment Devices and Addictive Goods: Evidence from the Removal of Slot Machines from Bars

Philadelphia Fed Working Papers [View] (2017-10-06, 06.10.2017)

JEL: D12, K35, L83

Trader Positions and Marketwide Liquidity Demand

Board of Governors of the Federal Reserve System FEDS series [View] (2017-10-05, 05.10.2017)

JEL: G10, G13, G14

The interconnections between services and goods trade at the firm-level

National Bank of Belgium Working Papers [View] (2017-10, 01.10.2017)

JEL: F10, F13, F14, L60, L80

Added onto the Research Hub on 06.10.2017

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

Central Bank of Ireland Research Technical Papers [View] (2016-12, 01.12.2016)

What does "below, but close to, two percent" mean? Assessing the ECB's reaction function with real time data

Bank of Finland Discussion Papers [View] (2017-10-05, 05.10.2017)

JEL: E52, E58

The Great Irish (De)Leveraging 2005-14

Central Bank of Ireland Research Technical Papers [View] (2017-03, 01.03.2017)

JEL: D12, D31, E21

How does monetary policy pass-through affect mortgage default? Evidence from the Irish mortgage market

Central Bank of Ireland Research Technical Papers [View] (2017-03, 01.03.2017)

JEL: E52, E58, G01, G21

Countercyclical Capital Regulation in a Small Open Economy DSGE Model

Central Bank of Ireland Research Technical Papers [View] (2017-01, 01.01.2017)

JEL: E32, E44, F41, G21, G28

Observables and residuals: exploring cross-border differences in Small and Medium Enterprise borrowing costs

Central Bank of Ireland Research Technical Papers [View] (2017-01, 01.01.2017)

Investment Fund Risk: The Tale in the Tails

Central Bank of Ireland Research Technical Papers [View] (2017-01, 01.01.2017)

JEL: G15, G23, G28

The Portfolio Rebalancing Effects of the ECB's Asset Purchase Programme

Central Bank of Ireland Research Technical Papers [View] (2017-06-25, 25.06.2017)

JEL: G15, G23, G28

SME Collateral: risky borrowers or risky behaviour?

Central Bank of Ireland Research Technical Papers [View] (2017-04-20, 20.04.2017)

Added onto the Research Hub on 05.10.2017

Land-Use Regulations, Property Values, and Rents: Decomposing the Effects of the California Coastal Act

Philadelphia Fed Working Papers [View] (2017-10-05, 05.10.2017)

JEL: Q24, R14, R31, R38, R52

Regulatory Integration of International Capital Markets

National Bank of the Republic of Austria Working Papers [View] (2017-06-16, 16.06.2017)

International Transfer Pricing and Tax Avoidance : Evidence from Linked Trade-Tax Statistics in the UK

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2017-10-04, 04.10.2017)

JEL: F23, H25, H32

Endogenous Regime Switching Near the Zero Lower Bound

San Francisco Fed Working Papers [View] (2017-09-28, 28.09.2017)

JEL: E31, E43, E52

Added onto the Research Hub on 04.10.2017

Does going easy on distressed banks help economic growth?

New York Fed Staff reports [View] (2017-10-01, 01.10.2017)

JEL: G01, G2, H12

Measuring Inflation Anchoring and Uncertainty : A US and Euro Area Comparison

Board of Governors of the Federal Reserve System FEDS series [View] (2017-10-03, 03.10.2017)

JEL: C32, E41, E44

Added onto the Research Hub on 03.10.2017

Localized Knowledge Spillovers: Evidence from the Spatial Clustering of R Labs and Patent Citations

Philadelphia Fed Working Papers [View] (2017-10-03, 03.10.2017)

JEL: O31, R12

Measuring Mortgage Credit Availability : A Frontier Estimation Approach

Board of Governors of the Federal Reserve System FEDS series [View] (2017-09-29, 29.09.2017)

JEL: D12, G10, G21, R20, R21, R31

On the Interplay between Monetary Policy and Macroprudential Policy: A Simple Analytical Framework

Central Bank of Norway (Norges Bank) Working Papers [View] (2017-10-03, 03.10.2017)

JEL: E52, E58, E61

Added onto the Research Hub on 02.10.2017

External stress early warning indicators

Bank of Spain Working Papers [View] (2017-10, 01.10.2017)

JEL: E44, F32, F34, G15, H63

The ECB's unconventional monetary policy and the role of exchange rate regimes in cross-country spillovers

National Bank of Denmark (Danmarks Nationalbank) Working papers [View] (2017-10-02, 02.10.2017)

JEL: E43, E44, E52, F31, F41

Added onto the Research Hub on 30.09.2017

Empirical Findings on Inflation Expectations in Brazil: a survey

Central Bank of Brazil Working Papers [View] (2017-09, 30.09.2017)

JEL: E31, E37, E52

Estimating the Credibility of Brazilian Monetary Policy using Forward Measures and a State-Space Model

Central Bank of Brazil Working Papers [View] (2017-09, 30.09.2017)

JEL: E4, E5

Estimating a time-varying financial conditions index for South Africa

South African Reserve Bank Working Papers [View] (2017-09, 30.09.2017)

JEL: B26, C32, C53, G01, G17

Are all types of capital flows driven by the same factors? Evidence from Mexico

Bank of Mexico Working Papers [View] (2017-09, 30.09.2017)

JEL: F21, F32, F41, F47

Added onto the Research Hub on 29.09.2017

Disagreement and Monetary Policy

Deutsche Bundesbank Discussion Papers [View] (2017-09-29, 29.09.2017)

The Role of Startups for Local Labor Markets

Philadelphia Fed Working Papers [View] (2017-09-27, 27.09.2017)

JEL: C33, C36, E24, L26, R11

Global Trade Flows: Revisiting the Exchange Rate Elasticities

Bank of Canada Working papers [View] (2017-09-29, 29.09.2017)

JEL: C51, F14, F31, F33, F41

Added onto the Research Hub on 28.09.2017

Government Spending Multipliers Under the Zero Lower Bound: Evidence from Japan

Bank of Canada Working papers [View] (2017-09-28, 28.09.2017)

JEL: E32, E5, E62

Added onto the Research Hub on 27.09.2017

Faster Payments : Market Structure and Policy Considerations

Board of Governors of the Federal Reserve System FEDS series [View] (2017-09-25, 25.09.2017)

JEL: D4, E42, G2, L1

Leverage and deepening business cycle skewness

Bank of Spain Working Papers [View] (2017-09, 27.09.2017)

JEL: E32, E44

The real effects of relationship lending

Bank for International Settlements Working papers [View] (2017-09-27, 27.09.2017)

JEL: E44, G21

Natural rates across the Atlantic

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: C51, E32, E43, E52

Macroeconomic effects of non-standard monetary policy measures in the euro area: the role of corporate bond purchases

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: E43, E44, E52, E58

On secular stagnation and low interest rates: demography matters

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: C32, E52, J11

Tony Atkinson and his legacy

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: A1, B32, D3, D6, H00, I3

Credit misallocation during the European financial crisis

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: D23, E24, G21

Venture capitalists at work: what are the effects on the firms they finance?

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: G21, G24, G32, O30

Low frequency drivers of the real interest rate: a band spectrum regression approach

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: C22, E43

The real effects of relationship lending

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: E44, G21

Credit demand and supply: a two-way feedback relation

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: D82, E51, G21

Legislators' behaviour and electoral rules: evidence from an Italian reform

Bank of Italy Working Papers [View] (2017-09, 27.09.2017)

JEL: D72, H41, Z10

Access to finance in the Western Balkans

European Central Bank Occasional papers [View] (2017-09, 27.09.2017)

JEL: E22, G30, O16

Safe Collateral, Arm's-Length Credit: Evidence from the Commercial Real Estate Market

San Francisco Fed Working Papers [View] (2017-09-07, 07.09.2017)

JEL: G21, G23, G32, R23

Measuring Heterogeneity in Job Finding Rates among the Non-Employed Using Labor Force Status Histories

San Francisco Fed Working Papers [View] (2017-09-26, 26.09.2017)

JEL: E24, E32, J30, J41, J63, J64

Term Structure Analysis with Big Data

San Francisco Fed Working Papers [View] (2017-09-15, 15.09.2017)

JEL: C55, C58, G12, G17

The Quarterly Projection Model of the SARB

South African Reserve Bank Working Papers [View] (2017, 27.09.2017)

JEL: C53, E50, Z00

Added onto the Research Hub on 26.09.2017

Changes in Monetary Regimes and the Identification of Monetary Policy Shocks: Narrative Evidence from Canada

Bank of Canada Working papers [View] (2017-09-25, 26.09.2017)

JEL: E31, E32, E43, E52, E58

Added onto the Research Hub on 25.09.2017

Modeling Time-Varying Uncertainty of Multiple-Horizon Forecast Errors

Cleveland Fed Working papers [View] (2017-09-25, 25.09.2017)

JEL: C53, E37

Politicizing Consumer Credit

Cleveland Fed Working papers [View] (2017-09-25, 25.09.2017)

JEL: D72, G21

Should unconventional monetary policies become conventional?

Deutsche Bundesbank Discussion Papers [View] (2017-09-25, 25.09.2017)

JEL: C32, E32, E52

Added onto the Research Hub on 23.09.2017

Optimal Bank Regulation in the Presence of Credit and Run Risk

Board of Governors of the Federal Reserve System FEDS series [View] (2017-09-22, 22.09.2017)

JEL: E44, G01, G21, G28

On Targeting Frameworks and Optimal Monetary Policy

Board of Governors of the Federal Reserve System FEDS series [View] (2017-09-22, 22.09.2017)

JEL: E52, E58

How Does the Fed Adjust its Securities Holdings and Who is Affected?

Board of Governors of the Federal Reserve System FEDS series [View] (2017-09-22, 22.09.2017)

JEL: E52, E58, M41

Why Rent When You Can Buy?

Board of Governors of the Federal Reserve System FEDS series [View] (2017-09-22, 22.09.2017)

JEL: C78, E44, G11

Regular Variation of Popular GARCH Processes Allowing for Distributional Asymmetry

Board of Governors of the Federal Reserve System FEDS series [View] (2017-09-22, 22.09.2017)

JEL: C20, C22, C53, C58

Reaffirming the Influence of Milton Friedman on U.K. Economic Policy

Board of Governors of the Federal Reserve System FEDS series [View] (2017-09-22, 22.09.2017)

JEL: E51, E52, E58

Are daily financial data useful for forecasting GDP? Evidence from Mexico

Bank of Mexico Working Papers [View] (2017-09, 23.09.2017)

JEL: C22, C53, E37

Added onto the Research Hub on 22.09.2017

Do Non-Compete Covenants Influence State Startup Activity? Evidence from the Michigan Experiment

Philadelphia Fed Working Papers [View] (2017-09-21, 21.09.2017)

JEL: O30, O38, R11

Do all new brooms sweep clean? Evidence for outside bank appointments

Deutsche Bundesbank Discussion Papers [View] (2017-09-22, 22.09.2017)

JEL: C23, G21, G32, G34

Added onto the Research Hub on 21.09.2017

International Spillovers of (Un)Conventional Monetary Policy: The Effect of the ECB and US Fed on Non-Euro EU Countries

Czech National Bank Working papers [View] (2017-09, 21.09.2017)

JEL: E52, E58

An integrated shortfall measure for Basel III

Deutsche Bundesbank Discussion Papers [View] (2017-09-21, 21.09.2017)

JEL: C61, G21

Business cycle synchronisation in a currency union : Taking stock of the evidence

Bank of Finland Discussion Papers [View] (2017-09-20, 20.09.2017)

JEL: E32, F42

A Counterfactual Valuation of the Stock Index as a Predictor of Crashes

Bank of Canada Working papers [View] (2017-09-20, 21.09.2017)

JEL: C50, C58, G12, G17, G19

Aggregate Fluctuations and the Role of Trade Credit

Bank of Canada Working papers [View] (2017-09-20, 21.09.2017)

JEL: E32, E44, E51

Added onto the Research Hub on 20.09.2017

Asset returns, news topics, and media effects

Central Bank of Norway (Norges Bank) Working Papers [View] (2017-09-20, 20.09.2017)

JEL: C5, C8, G12