Working Papers - 2016

Date Titles
May 2016
No 560

Has the pricing of stocks become more global?

by Ivan Petzev, Andreas Schrimpf and Alexander F. Wagner

Apr 2016
No 559

A comparative analysis of developments in central bank balance sheet composition

by Christiaan Pattipeilohy

Apr 2016
No 558

Why bank capital matters for monetary policy

by Leonardo Gambacorta and Hyun Song Shin

Apr 2016
No 557

How does bank capital affect the supply of mortgages? Evidence from a randomized experiment

by Valentina Michelangeli and Enrico Sette

Apr 2016
No 556

Threat of entry and debt maturity: evidence from airlines

by Gianpaolo Parise

Mar 2016
No 555

The causal effect of house prices on mortgage demand and mortgage supply: evidence from Switzerland

by Christoph Basten and Catherine Koch

Mar 2016
No 554

Can a bank run be stopped? Government guarantees and the run on Continental Illinois

by Mark A Carlson and Jonathan Rose

Mar 2016
No 553

What drives the short-run costs of fiscal consolidation? Evidence from OECD countries

by Ryan Niladri Banerjee and Fabrizio Zampolli

Mar 2016
No 552

Fiscal sustainability and the financial cycle

by Claudio Borio, Marco Jacopo Lombardi and Fabrizio Zampolli

Mar 2016
No 551

When the walk is not random: commodity prices and exchange rates

by Emanuel Kohlscheen, Fernando Avalos and Andreas Schrimpf

Mar 2016
No 550

A new dimension to currency mismatches in the emerging markets - non-financial companies

by Michael Chui, Emese Kuruc and Philip Turner

Mar 2016
No 549

Monetary policy spillovers and currency networks in cross-border bank lending

by Stefan Avdjiev and Előd Takáts

Mar 2016
No 548

Moving in tandem: bank provisioning in emerging market economies

by Andrés Murcia Pabón and Emanuel Kohlscheen

Mar 2016
No 547

When pegging ties your hands

by Nikola Tarashev and Anna Zabai

Mar 2016
No 546

Financial intermediation and monetary policy transmission in EMEs: What has changed post-2008 crisis?

by Madhusudan Mohanty and Kumar Rishabh

Feb 2016
No 545

Booms and banking crises

by Frederic Boissay, Fabrice Collard and Frank Smets

Feb 2016
No 544

What drives inflation expectations in Brazil? Public versus private information

by Waldyr D Areosa

Feb 2016
No 543

Fiscal policy and the cycle in Latin America: the role of financing conditions and fiscal rules

by Enrique Alberola-Ila, Iván Kataryniuk, Ángel Melguizo and René Orozco

Feb 2016
No 542

Bank standalone credit ratings

by Michael R King, Steven Ongena and Nikola Tarashev

Jan 2016
No 541

How do global investors differentiate between sovereign risks? The new normal versus the old

by Marlene Amstad, Eli M Remolona and Jimmy Shek

Jan 2016
No 540

Self-oriented monetary policy, global financial markets and excess volatility of international capital flows

by Ryan Niladri Banerjee, Michael B Devereux and Giovanni Lombardo

Jan 2016
No 539

International trade finance and the cost channel of monetary policy in open economies

by Nikhil Patel

Jan 2016
No 538

Sovereign yields and the risk-taking channel of currency appreciation

by Boris Hofmann, Ilhyock Shim and Hyun Song Shin

Jan 2016
No 537

Exchange rates and monetary spillovers

by Guillaume Plantin and Hyun Song Shin

Jan 2016
No 536

Is macroprudential policy instrument blunt?

by Katsurako Sonoda and Nao Sudo

Jan 2016
No 535

Interbank networks in the national banking era: their purpose and their role in the panic of 1893

by Charles W Calomiris and Mark A Carlson

Jan 2016
No 534

Labour reallocation and productivity dynamics: financial causes, real consequences

by Claudio Borio, Enisse Kharroubi, Christian Upper and Fabrizio Zampolli