Working Papers - last 12 months

Date Titles
Apr 2017
No 625

Scarcity effects of QE: A transaction-level analysis in the Bund market

by Kathi Schlepper, Heiko Hofer, Ryan Riordan and Andreas Schrimpf

Apr 2017
No 624

Does exchange rate depreciation have contractionary effects on firm-level investment?

by José María Serena Garralda and Ricardo Sousa

Apr 2017
No 623

International inflation spillovers through input linkages

by Raphael Auer, Andrei A Levchenko and Philip Sauré

Mar 2017
No 622

External financing and economic activity in the euro area - why are bank loans special?

by Iñaki Aldasoro and Robert Unger

Mar 2017
No 621

The dynamics of investment projects: evidence from Peru

by Rocío Gondo and Marco Vega

Mar 2017
No 620

Commodity price risk management and fiscal policy in a sovereign default model

by Bernabe Lopez-Martin, Julio Leal and Andre Martinez Fritscher

Mar 2017
No 619

Volatility risk premia and future commodities returns

by José Renato Haas Ornelas and Roberto Baltieri Mauad

Mar 2017
No 618

Business cycles in an oil economy

by Drago Bergholt, Vegard H Larsen and Martin Seneca

Mar 2017
No 617

Oil, equities, and the zero lower bound

by Deepa Datta, Benjamin K Johannsen, Hannah Kwon and Robert J Vigfusson

Mar 2017
No 616

Macro policy responses to natural resource windfalls and the crash in commodity prices

by Frederick van der Ploeg

Mar 2017
No 615

Currency wars or efficient spillovers?

by Anton Korinek

Mar 2017
No 614

Changing business models in international bank funding

by Leonardo Gambacorta, Adrian Van Rixtel and Stefano Schiaffi

Feb 2017
No 613

Risk sharing and real exchange rates: the role of non-tradable sector and trend shocks

by Hüseyin Çağrı Akkoyun, Yavuz Arslan and Mustafa Kılınç

Feb 2017
No 612

Monetary policy and bank lending in a low interest rate environment: diminishing effectiveness?

by Claudio Borio and Leonardo Gambacorta

Feb 2017
No 611

The effects of tax on bank liability structure

by Leonardo Gambacorta, Giacomo Ricotti, Suresh Sundaresan and Zhenyu Wang