Working Papers - 2006

Date Titles
Dec 2006
No 222

An equilibrum model of "global imbalances" and low interest rates

by Ricardo Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas

Dec 2006
No 221

Phoenix miracles in emerging markets: recovering without credit from systemic financial crises

by Guillermo Calvo, Alejandro Izquierdo and Ernesto Talvi

Dec 2006
No 220

Financial globalisation, governance and the evolution of the home bias

by Bong-Chan Kho, René Stulz and Francis Warnock

Dec 2006
No 219

Democracy and globalisation

by Barry Eichengreen and David Leblang

Oct 2006
No 218

The euro as a reserve currency: a challenge to the pre-eminence of the US dollar?

by Gabriele Galati and Philip Wooldridge

Oct 2006
No 217

Estimation of Asian effective exchange rates: a technical note

by Robert N McCauley, Marc Klau, Guonan Ma and San Sau Fung

Sep 2006
No 216

Monetary and prudential policies at a crossroads? New challenges in the new century

by Claudio Borio

Sep 2006
No 215

Devaluations, output and the balance sheet effect: a structural econometric analysis

by Camilo Tovar

Sep 2006
No 214

The pricing of portfolio credit risk

by Haibin Zhu and Nikola Tarashev

Aug 2006
No 213

Risk in financial reporting: status, challenges and suggested directions

by Claudio Borio and Kostas Tsatsaronis

Aug 2006
No 212

Risk and liquidity in a system context

by Hyun Song Shin

Aug 2006
No 211

Do accounting changes affect the economic behaviour of financial firms?

by Anne Beatty

Aug 2006
No 210

Institution-specific value

by Ken Peasnell

Aug 2006
No 209

Fair value accounting for financial instruments: some implications for bank regulation

by Wayne Landsman

Aug 2006
No 208

Including estimates of the future in today's financial statements

by Mary Barth

Jun 2006
No 207

The price impact of rating announcements: which announcements matter?

by Eli M Remolona, Marian Micu and Philip Wooldridge

May 2006
No 206

Dynamic prudential regulation: Is prompt corrective action optimal?

by Ilhyock Shim

Apr 2006
No 205

Is price stability enough?

by William R White

Apr 2006
No 204

Monetary policy regimes and macroeconomic outcomes: Hong Kong and Singapore

by Stefan Gerlach and Petra Gerlach-Kristen

Mar 2006
No 203

Macro factors in the term structure of credit spreads

by Jeffery Amato and Maurizio Luisi

Mar 2006
No 202

Time-varying exchange rate pass-through: experiences of some industrial countries

by Toshitaka Sekine

Feb 2006
No 201

Central banks, governments and the European monetary unification process

by Alexandre Lamfalussy

Feb 2006
No 200

The future of central bank cooperation

by Beth Simmons

Feb 2006
No 199

Architects of stability? International cooperation among financial supervisors

by Ethan Kapstein

Feb 2006
No 198

Almost a century of central bank cooperation

by Richard Cooper

Feb 2006
No 197

One hundred and thirty years of central bank cooperation: a BIS perspective

by Gianni Toniolo and Claudio Borio

Feb 2006
No 196

The evolving inflation process: an overview

by Gabriele Galati and William Melick

Feb 2006
No 195

Interpreting Euro area inflation at high and low frequencies

by Katrin Assenmacher-Wesche and Stefan Gerlach

Feb 2006
No 194

Output gaps and inflation in Mainland China

by Stefan Gerlach and Wensheng Peng

Jan 2006
No 193

Procyclicality in the financial system: do we need a new macrofinancial stabilisation framework?

by William R White