Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 23.05.2017

The effect of investing abroad on investment at home: On the role of technology, tax savings, and internal capital markets

Deutsche Bundesbank Discussion Papers [View] (2017-05-23, 23.05.2017)

JEL: F23, F61, H25, L23

What slice of the pie? The corporate bond market boom in emerging economies

Bank of Finland BOFIT Discussion Papers [View] (2016-06-21, 21.06.2016)

JEL: F30, G15, G20, G30

Are the twin or triple deficits hypotheses applicable to post-communist countries?

Bank of Finland BOFIT Discussion Papers [View] (2016-02-18, 18.02.2016)

JEL: E60, F30, F32, H62

A note on money creation in emerging market economies

Bank of Finland BOFIT Discussion Papers [View] (2016-03-15, 15.03.2016)

JEL: E51, F30, G21

Do banks extract informational rents through collateral?

Bank of Finland BOFIT Discussion Papers [View] (2016-03-17, 17.03.2016)

JEL: G21, L11

Can the Chinese bond market facilitate a globalizing renminbi?

Bank of Finland BOFIT Discussion Papers [View] (2016-02-06, 06.02.2016)

JEL: E42, E44, E58, F02, G10, H63

A monetary policy rule for Russia, or is it rules?

Bank of Finland BOFIT Discussion Papers [View] (2016-02-10, 10.02.2016)

JEL: E31, E43, E52, P33

How informative are aggregated inflation expectations? Evidence from the ECB Survey of Professional Forecasters

Bank of Finland Discussion Papers [View] (2016-05-24, 24.05.2016)

JEL: C53, E31, E37

The Aino 2.0 model

Bank of Finland Discussion Papers [View] (2016-05-31, 31.05.2016)

JEL: C11, C53, E32, E37

How to explain errors in budget balance forecasts in euro area countries? Empirical evidence based on real-time data

Bank of Finland Discussion Papers [View] (2016-06-17, 17.06.2016)

JEL: E32, E62

Macroprudential measures and housing markets: a note on the empirical literature

Bank of Finland Discussion Papers [View] (2016-06-20, 20.06.2016)

JEL: E58, G28

A shadow rate model with time-varying lower bound of interest rates

Bank of Finland Discussion Papers [View] (2016-06-22, 22.06.2016)

JEL: E43, E44, E52

Uncertainty and firm dividend policy - a natural experiment

Bank of Finland Discussion Papers [View] (2016-05-02, 02.05.2016)

JEL: G32, G35, G38, H32

Saving Wall Street or main street

Bank of Finland Discussion Papers [View] (2016-05-10, 10.05.2016)

JEL: E44, G21, G28, G38

Debt structure when bankruptcy law offers incentives to restructure

Bank of Finland Discussion Papers [View] (2016-05-17, 17.05.2016)

JEL: G32, G33, G38

Time-frequency characterization of the U.S. financial cycle

Bank of Finland Discussion Papers [View] (2016-05-23, 23.05.2016)

JEL: C49, E32, E44

When do peers matter?: A cross-country perspective

Bank of Finland Discussion Papers [View] (2016-04-21, 21.04.2016)

JEL: G2, G32

Credit default swaps and bank loan sales: evidence from bank syndicated lending

Bank of Finland Discussion Papers [View] (2016-04-28, 28.04.2016)

JEL: G14, G21, G23, G28, G32

How large banks use CDS to manage risks: bank-firm-level evidence

Bank of Finland Discussion Papers [View] (2016-04-29, 29.04.2016)

JEL: G14, G21, G23, G28, G32

Added onto the Research Hub on 22.05.2017

Relative peer quality and firm performance

Bank of Finland Discussion Papers [View] (2016-04-12, 12.04.2016)

JEL: G30

Corporate social responsibility and firm financial performance: the mediating role of productivity

Bank of Finland Discussion Papers [View] (2016-04-20, 20.04.2016)

Switching costs and financial stability

Bank of Finland Discussion Papers [View] (2016-03-01, 01.03.2016)

JEL: D43, G21

Leverage dynamics and the burden of debt

Bank of Finland Discussion Papers [View] (2016-04-01, 01.04.2016)

JEL: E20, E32, E44, G01

The age-structure-inflation puzzle

Bank of Finland Discussion Papers [View] (2016-04-02, 02.04.2016)

JEL: E31, E52, J11

CEO political preference and corporate tax sheltering

Bank of Finland Discussion Papers [View] (2016-04-08, 08.04.2016)

JEL: G21, G32, H26, P16

The interaction of monetary and macroprudential policies in economic stabilisation

Bank of Finland Discussion Papers [View] (2016-02-10, 10.02.2016)

JEL: E32, E44, E52, G28

Government guarantees and the two-way feedback between banking and sovereign debt crises

European Central Bank Working papers [View] (2017-05-22, 22.05.2017)

JEL: G01, G18, H63

Banks as corporate monitors: Evidence from CEO turnovers in China

Bank of Finland BOFIT Discussion Papers [View] (2016-12-19, 19.12.2016)

JEL: G21, G30, G32, G38, K22

Political influence, firm performance and survival

Bank of Finland BOFIT Discussion Papers [View] (2016-12-22, 22.12.2016)

JEL: D22, D72, G38

Depositor discipline in Russian regions: Flight to familiarity or trust in local authorities?

Bank of Finland BOFIT Discussion Papers [View] (2017-01-19, 19.01.2017)

JEL: G01, G21, P2

Privatization and the unusual case of Belarusian accession to the WTO

Bank of Finland BOFIT Discussion Papers [View] (2017-02-14, 14.02.2017)

JEL: C68, D02, D58, F13, F14, L16

Exchange rate pass-through and cross-country spillovers: Some evidence from Ukraine and Russia

Bank of Finland BOFIT Discussion Papers [View] (2016-10-06, 06.10.2016)

JEL: E31, E52, E58

Optimal policy rules at home, crisis and quantitative easing abroad

Bank of Finland BOFIT Discussion Papers [View] (2016-10-26, 26.10.2016)

JEL: E44, E58, F38, F41

The pass-through to consumer prices in CIS economies: The role of exchange rates, commodities and other common factors

Bank of Finland BOFIT Discussion Papers [View] (2016-11-04, 04.11.2016)

JEL: C38, E31, F31

Land rights, rental markets and the post-socialist cityscape

Bank of Finland BOFIT Discussion Papers [View] (2016-11-16, 16.11.2016)

JEL: D22, D23, O18, P25, P26, R14

Elections, protest and trust in government: A natural experiment from Russia

Bank of Finland BOFIT Discussion Papers [View] (2016-08-18, 18.08.2016)

JEL: D72, P26

Natural resources and capital structure

Bank of Finland BOFIT Discussion Papers [View] (2016-08-29, 29.08.2016)

JEL: G32, O13, Q32

The diffusion and dynamics of producer prices, deflationary pressure across Asian countries, and the role of China

Bank of Finland BOFIT Discussion Papers [View] (2016-09-12, 12.09.2016)

JEL: C23, C32, E31

Corrupt bureaucrats, bad managers, and the slow race between education and technology

Bank of Finland BOFIT Discussion Papers [View] (2016-09-26, 26.09.2016)

JEL: O43, P16

Bureaucrats as successor CEOs

Bank of Finland BOFIT Discussion Papers [View] (2016-09-28, 28.09.2016)

JEL: G32, G34, M13

Estimating the real effects of uncertainty shocks at the zero lower bound

Bank of Finland Discussion Papers [View] (2017-02-01, 01.02.2017)

JEL: C32, E32

High-skilled migration and agglomeration

Bank of Finland Discussion Papers [View] (2017-02-13, 13.02.2017)

JEL: F15, F22, J15, J31, J44, L14, L26, O31, O32, O33

Forecasting the equity risk premium with frequency-decomposed predictors

Bank of Finland Discussion Papers [View] (2017-01-03, 03.01.2017)

JEL: C58, G11, G12, G17

Global talent flows

Bank of Finland Discussion Papers [View] (2017-01-11, 11.01.2017)

JEL: F15, F22, J15, J31, J44, L14, L26, O31, O32, O33

Global collaborative patents

Bank of Finland Discussion Papers [View] (2017-01-13, 13.01.2017)

JEL: F02, F22, F23, F60, J15, O19, O3, O32, O33, O34

House prices, lending standards, and the macroeconomy

Bank of Finland Discussion Papers [View] (2017-01-26, 26.01.2017)

JEL: E21, E32, E44, G14, G21

Information acquisition during a descending price auction with asymmetrically informed players

Bank of Finland Discussion Papers [View] (2017-01-27, 27.01.2017)

JEL: D44, D82

Learning from financial crisis: the experience of Nordic banks

Bank of Finland Discussion Papers [View] (2016-12-09, 09.12.2016)

JEL: G01, G21, G34

Securitization: a financing vehicle for all seasons?

Bank of Finland Discussion Papers [View] (2016-12-15, 15.12.2016)

JEL: A1, F3, G1, G2, G21, G23, G24, G28

Testing the Q theory of investment in the frequency domain

Bank of Finland Discussion Papers [View] (2016-12-20, 20.12.2016)

JEL: C49, E22, G31

Immigrant entrepreneurship

Bank of Finland Discussion Papers [View] (2016-12-21, 21.12.2016)

JEL: F22, J15, J44, J61, L26, M13, O31, O32, O33

Expectations, stagnation and fiscal policy

Bank of Finland Discussion Papers [View] (2016-08-11, 11.08.2016)

JEL: D84, E21, E43, E62

The effect of foreign institutional ownership on corporate tax avoidance: international evidence

Bank of Finland Discussion Papers [View] (2016-08-23, 23.08.2016)

JEL: G23, G32, H26, M41

Use of unit root methods in early warning of financial crises

Bank of Finland Discussion Papers [View] (2016-11-03, 03.11.2016)

JEL: G01, G14, G21

International propagation of financial shocks in a search and matching environment

Bank of Finland Discussion Papers [View] (2016-11-25, 25.11.2016)

JEL: C78, E44, E51, F41, F42, G01, G15

Forecasting stock market returns by summing the frequency-decomposed parts

Bank of Finland Discussion Papers [View] (2016-11-28, 28.11.2016)

JEL: G11, G12, G14, G17

Exhange rate linkages between the Asean currencies, the US dollar and the Chinese RMB

Bank of Finland Discussion Papers [View] (2016-08-01, 01.08.2016)

JEL: C22, F31

Analysis of the balance between U.S. monetary and fiscal policy using simulated wavelet-based optimal tracking control

Bank of Finland Discussion Papers [View] (2016-08-04, 04.08.2016)

JEL: C49, C61, C63, C88, E58, E61

Bond finance, bank credit, and aggregate fluctuations in an open economy

Bank of Finland Discussion Papers [View] (2016-08-05, 05.08.2016)

JEL: E32, E44, F41, G31

Bank enforcement actions and the terms of lending

Bank of Finland Discussion Papers [View] (2016-08-06, 06.08.2016)

JEL: E44, E51, G21, G28

Monetary policy, the financial cycle and ultralow interest rates

Bank of Finland Discussion Papers [View] (2016-08-10, 10.08.2016)

JEL: E32, E40, E44, E50, E52

Added onto the Research Hub on 19.05.2017

Determinants of FDI inflows in advanced economies: Does the quality of economic structures matter?

European Central Bank Working papers [View] (2017-05-19, 19.05.2017)

JEL: F21, F23, L51, O43

The importance of being special: repo markets during the crisis

European Central Bank Working papers [View] (2017-05-19, 19.05.2017)

JEL: E43, E51, G01, G12, G23

Asymmetric arbitrage trading on offshore and onshore renminbi markets

Deutsche Bundesbank Discussion Papers [View] (2017-05-19, 19.05.2017)

JEL: C32, F31, G15

Supply- and demand-side factors in global banking

Bank for International Settlements Working papers [View] (2017-05-19, 19.05.2017)

JEL: F34, G01, G21

Added onto the Research Hub on 18.05.2017

Real Rates and Consumption Smoothing in a Low Interest Rate Environment: The Case of Japan

Richmond Fed Working Papers [View] (2017-05, 18.05.2017)

JEL: E21, E43

The Renminbi central parity : An empirical investigation

Bank of Finland BOFIT Discussion Papers [View] (2017-05-11, 11.05.2017)

JEL: F31, F33, G15, G17, G18

Crony banking and local growth in China

Bank of Finland BOFIT Discussion Papers [View] (2017-05-12, 12.05.2017)

JEL: G21, G28, G38

Should bank capital requirements be less risk-sensitive because of credit constraints?

Bank of Finland Discussion Papers [View] (2017-05-15, 15.05.2017)

JEL: E44, G21, G28

To guide or not to guide? Quantitative monetary policy tools and macroeconomic dynamics in China

Bank of Finland BOFIT Discussion Papers [View] (2017-02-27, 27.02.2017)

JEL: C61, E32, E44, E52

Effects of monetary and macro-prudential policies - evidence from inflation targeting economies in the Asia-Pacific region and potential implications for China

Bank of Finland BOFIT Discussion Papers [View] (2017-03-02, 02.03.2017)

JEL: E58, E61

Cyclicality of bank liquidity creation

Bank of Finland BOFIT Discussion Papers [View] (2017-03-10, 10.03.2017)

JEL: G21

The great Chinese inequality turnaround

Bank of Finland BOFIT Discussion Papers [View] (2017-05-02, 02.05.2017)

JEL: D31, D63, O15, O53

Uncertainty and monetary policy in good and bad times

Bank of Finland Discussion Papers [View] (2017-05-04, 04.05.2017)

JEL: C32, E32

Controlling inflation with switching monetary and fiscal policies: expectations, fiscal guidance and timid regime changes

Bank of Finland Discussion Papers [View] (2017-05-05, 05.05.2017)

JEL: E58, E63

Added onto the Research Hub on 17.05.2017

Assessing the Predictive Ability of Sovereign Default Risk on Exchange Rate Returns

Bank of Canada Working papers [View] (2017-05-17, 17.05.2017)

JEL: C22, C52, C53, F31

The Welfare Effects of Protection: A General Equilibrium Analysis of Canadas National Policy

Bank of Canada Working papers [View] (2017-05-16, 17.05.2017)

JEL: F13, F14, F42, F60, N71

On the sources of business cycles: implications for DSGE models

European Central Bank Working papers [View] (2017-05-10, 10.05.2017)

JEL: A10, E32, E50

The Eurosystem collateral framework explained

European Central Bank Occasional papers [View] (2017-05-10, 10.05.2017)

JEL: E58

High growth firms in employment and productivity: dynamic interactions and the role of financial constraints

Bank of Spain Working Papers [View] (2017-05, 12.05.2017)

JEL: C23, D24, L11, L25

Reading the Footprints: how foreign investors shape countries' participation in global value chains

European Central Bank Working papers [View] (2017-05-12, 12.05.2017)

JEL: F14, F15, F21, L22

Does marketing widen borders? Cross-country price dispersion in the European car market

European Central Bank Working papers [View] (2017-05-12, 12.05.2017)

JEL: D22, F15, F31, L11, L62

An Estimated Structural Model of Entrepreneurial Behavior

Richmond Fed Working Papers [View] (2017-05, 12.05.2017)

JEL: G31, G32, L26

Safety, Liquidity, and the Natural Rate of Interest

New York Fed Staff reports [View] (2017-05, 11.05.2017)

JEL: C11, C32, C54, E43, E44

The transmission channels of monetary, macro- and microprudential policies and their interrelations

European Central Bank Occasional papers [View] (2017-05-16, 16.05.2017)

JEL: E58, G28

The Luxembourg Household Finance Consumption Survey: Results from the 2nd wave

Central Bank of Luxembourg Working Papers [View] (2017-05, 15.05.2017)

JEL: C81, C83, D14, D31

Capital requirements, risk shifting and the mortgage market

European Central Bank Working papers [View] (2017-05-15, 15.05.2017)

JEL: G21, G28

Financial stability assessment of EU candidate and potential candidate countries

European Central Bank Occasional papers [View] (2017-05-15, 15.05.2017)

JEL: F31, F34, F36, G15, G21, G28

Interest rate risk of life insurers - evidence from accounting data

Deutsche Bundesbank Discussion Papers [View] (2017-05-15, 15.05.2017)

JEL: E43, G11, G22

Growth expectations, undue optimism, and short-run fluctuations

Deutsche Bundesbank Discussion Papers [View] (2017-05-16, 17.05.2017)

JEL: E32

Assessing fiscal policy through the lens of the financial and the commodity price cycles

Bank for International Settlements Working papers [View] (2017-05-17, 17.05.2017)

JEL: E10, E32, E40, E47, E50, E62, Q33

Firm Growth in Europe: an Overview based on the CompNet Labour Module

Central Bank of Luxembourg Working Papers [View] (2017-05, 16.05.2017)

JEL: J23, L11, L25

On domestic demand and export performance in the euro area countries: does export concentration matter?

Bank of Spain Working Papers [View] (2017-05, 16.05.2017)

JEL: C22, E03, F10

The great Irish (de)leveraging 2005-14

European Central Bank Working papers [View] (2017-05-16, 16.05.2017)

JEL: D21, D31, E21

Public debt, central bank and money: some clarifications

Central Bank of Luxembourg Working Papers [View] (2017-05, 17.05.2017)

Sectoral interlinkages in global value chains: spillovers and network effects

European Central Bank Working papers [View] (2017-05-17, 17.05.2017)

JEL: E30, E32, F44, F62

Does employment protection legislation affect credit access? Evidence from Europe

European Central Bank Working papers [View] (2017-05-17, 17.05.2017)

JEL: D22, G21, G32, J41

Chow-Lin x N: how adding a panel dimension can improve accuracy

Deutsche Bundesbank Discussion Papers [View] (2017-05-17, 17.05.2017)

JEL: C22, C53

Added onto the Research Hub on 08.05.2017

Keeping it personal or getting real? On the drivers and effectiveness of personal versus real loan guarantees

Bank of Spain Working Papers [View] (2017-05, 05.05.2017)

JEL: D43, E32, G21, G32

The impact of service and goods offshoring on employment : Firm-level evidence

National Bank of Belgium Working Papers [View] (2017-05, 05.05.2017)