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Central Bank Research Hub - Past 3 months



Added onto the Research Hub on 11.10.2008

Housing Busts and Household Mobility

by Fernando Ferreira, Joseph Gyourko, and Joseph TracyNew York Fed Staff reports
350 (Oct 2008)
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A Model of Costly Capital Reallocation and Aggregate Productivity

by Shutao CaoBank of Canada Working papers
2008-38 (Oct 2008)
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Adopting Price-Level Targeting under Imperfect Credibility: An Update

by Oleksiy Kryvtsov, Malik Shukayev, and Alexander UeberfeldtBank of Canada Working papers
2008-37 (Oct 2008)
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Added onto the Research Hub on 10.10.2008

How does competition affect efficiency and soundness in banking? New empirical evidence

by Klaus Schaeck and Martin CihákEuropean Central Bank Working papers
932 (Oct 2008)

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Added onto the Research Hub on 09.10.2008

Business surveys modelling with Seasonal-Cyclical Long Memory models

by Laurent Ferrara and Dominique GuéganBank of France Working Papers
Nr 224 (Oct 2008)
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The Connection Between House Price Appreciation and Property Tax Revenues

by Byron F. LutzFederal Reserve Board FEDS series
2008-48 (Oct 2008)
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Productivity, Aggregate Demand and Unemployment Fluctuations

by Regis BarnichonFederal Reserve Board FEDS series
2008-47 (Oct 2008)
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Added onto the Research Hub on 08.10.2008

Macroeconometric Equivalence, Microeconomic Dissonance, and the Design of Monetary Policy

by Andrew T. Levin, J. David López-Salido, Edward Nelson, and Tack YunSt Louis Fed Working Papers
2008-035 (Oct 2008)
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Asymmetric Expectation Effects of Regime Shifts in Monetary Policy

by Liu, Waggoner, ZhaSan Francisco Fed Working Papers
2008-22 (Sep 2008)

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Timeless Perspective Policymaking: When Is Discretion Superior?

by DennisSan Francisco Fed Working Papers
2008-21 (Sep 2008)

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Intangible Assets and National Income Accounting

by Leonard I. NakamuraPhiladelphia Fed Working Papers
08-23 (Oct 2008)

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Elimination of Gender-Related Employment Disparities through Statistical Process Control

by Mary E. Graham and Julie L. HotchkissAtlanta Fed Working papers
2008-24 (Oct 2008)
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Liquidity and Congestion

by Gara M. AfonsoNew York Fed Staff reports
349 (Oct 2008)
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Added onto the Research Hub on 07.10.2008

Will oil prices decline over the long run?

by Robert Kaufmann, Pavlos Karadeloglou and Filippo di MauroEuropean Central Bank Occasional papers
98 (Oct 2008)

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Regime Dependence, Common Shocks and

by Tomás Castagnino, Laura D ´Amato .Central Bank of Argentina Working Papers
2008/38 (Oct 2008)

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The Interplay between Preemptive and Defensive Counterterrorism Measures: A Two-Stage Game

by Subhayu Bandyopadhyay, and Todd SandlerSt Louis Fed Working Papers
2008-034 (Oct 2008)
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Added onto the Research Hub on 03.10.2008

Minimal State Variable Solutions to Markov-Switching Rational Expectations Models

by Roger E.A. Farmer, Daniel F. Waggoner, and Tao ZhaAtlanta Fed Working papers
2008-23 (Oct 2008)
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The Role of Bank Capital in the Propagation of Shocks

by Césaire Meh and Kevin MoranBank of Canada Working papers
2008-36 (Oct 2008)
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Added onto the Research Hub on 02.10.2008

Empirical analysis of corporate credit lines (836 KB)

by Gabriel Jiménez, José A. López and Jesús SaurinaBank of Spain Working Papers
0821 (Oct 2008)
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Market Discipline and Deposit Insurance in Russia

by Anatoly PeresetskyBank of Finland BOFIT Discussion Papers
2008/14 (02 Oct 2008)
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Globalization and Inflation: The Role of China

by Denise Côté and Carlos de ResendeBank of Canada Working papers
2008-35 (Oct 2008)
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Optimal Personal Bankruptcy Design: A Mirrlees Approach

by Borys GrochulskiRichmond Fed Working Papers
08-05 (Sep 2008)
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Where do Firms Export, How Much and Why?

by Martina Lawless and Karl WhelanCentral Bank of Ireland Research Technical Papers
08/RT/06 (Sep 2008)
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Monetary policy under the gold standard - examining the case of Norway, 1893-1914

by Lars Fredrik Øksendal, (Norges Bank´s bicentenary project)Central Bank of Norway Working Papers
2008/14 (30 Sep 2008)
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Wage and Price Dynamics in Portugal

by Carlos Robalo MarquesBank of Portugal Working papers
2008-15 (Oct 2008)
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International stock return comovements

by Geert BekaertEuropean Central Bank Working papers
931 (Sep 2008)

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The monetary presentation of the euro area balance of payments

by Louis Be Duc, Frank Mayerlen and Pierre SolaEuropean Central Bank Occasional papers
96 (Sep 2008)

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Econometric Asset Pricing Modelling

by Henri Bertholon, Alain Monfort and Fulvio PegoraroBank of France Working Papers
Nr 223 (Oct 2008)
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Monthly forecasting of French GDP: A revised version of the OPTIM model.

by Karim Barhoumi, Véronique Brunhes-Lesage, Olivier Darné, Laurent Ferrara, Bertrand Pluyaud and Béatrice RouvreauBank of France Working Papers
Nr 222 (Sep 2008)
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Combining Canadian Interest-Rate Forecasts

by David Jamieson Bolder and Yuliya RomanyukBank of Canada Working papers
2008-34 (Sep 2008)
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Human Capital Risk and the Firmsize Wage Premium

by Danny Leung and Alexander UeberfeldtBank of Canada Working papers
2008-33 (Sep 2008)
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Understanding the Flattening Phillips Curve

by Ken Kuttner and Tim RobinsonReserve Bank of Australia Research Discussion Papers
RDP2008-05 (Oct 2008)
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Added onto the Research Hub on 30.09.2008

Business Start-Ups and Productive Efficiency

by Hakki YaziciMinneapolis Fed Working Papers
WP665 (Sep 2008)

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City Beautiful

by Gerald A. CarlinoPhiladelphia Fed Working Papers
08-22 (Sep 2008)

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The Choice of Fiscal Regimes in the World

by César Calderón; Klaus Schmidt-HebbelCentral Bank of Chile Working Papers
487 (Sep 2008)
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Added onto the Research Hub on 29.09.2008

Effectiveness of monetary policy communication in Indonesia and Thailand

by Sahminan SahminanBank for International Settlements Working papers
262 (Sep 2008)
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Expected Consumption Growth from Cross-Country Surveys: Implications for Assessing International Capital Markets

by Charles Engel and John H. RogersFederal Reserve Board International Financial Discussion Papers
2008-949 (Sep 2008)
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Exchange Rates and Fundamentals: A Generalization

by James M. Nason and John H. RogersFederal Reserve Board International Financial Discussion Papers
2008-948 (Sep 2008)
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Current Account Sustainability and Relative Reliability

by Stephanie E. Curcuru, Charles P. Thomas, and Francis E. WarnockFederal Reserve Board International Financial Discussion Papers
2008-947 (Sep 2008)
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Emerging Market Business Cycles with Remittance Fluctuations

by Ceyhun Bora Durdu and Serdar SayanFederal Reserve Board International Financial Discussion Papers
2008-946 (Sep 2008)
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Escape From New York: The Market Impact of SEC Rule 12h-6

by Nuno Fernandes, Ugur Lel, and Darius P. MillerFederal Reserve Board International Financial Discussion Papers
2008-945 (Sep 2008)
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Lowering the Anchor: How the Bank of England's Inflation-Targeting Policies have Shaped Inflation Expectations and Perceptions of Inflation Risk

by Meredith J. BeecheyFederal Reserve Board FEDS series
2008-44 (Sep 2008)
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Market Structure and the Diffusion of E-Commerce: Evidence from the Retail Banking Industry

by Jason Allen, Robert Clark, and Jean-François HoudeBank of Canada Working papers
2008-32 (Sep 2008)
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Added onto the Research Hub on 26.09.2008

The Incentives of Mortgage Servicers: Myths and Realities

by Larry Cordell, Karen Dynan, Andreas Lehnert, Nellie Liang, and Eileen MauskopfFederal Reserve Board FEDS series
2008-46 (Sep 2008)
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The use of alternative employment arrangements by small businesses: Evidence from the 2003 Survey of Small Business Finances

by Traci L. Mach and John A. HolmesFederal Reserve Board FEDS series
2008-45 (Sep 2008)
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Added onto the Research Hub on 25.09.2008

The impact of financial position on investment: an analysis for non-financial corporations in the euro area (680 KB)

by Carmen Martínez-Carrascal and Annalisa FerrandoBank of Spain Working Papers
0820 (Sep 2008)
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What Drives Hong Kong Dollar Swap Spreads: Credit or Liquidity?

by Cho-Hoi Hui and Lillie LamHong Kong Monetary Authority Working Papers
WP08_10 (Jul 2008)
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Added onto the Research Hub on 24.09.2008

The Asian crisis: what did local stock markets expect?

by Jacob Gyntelberg, Alicia Herrero and Andrea TeseiBank for International Settlements Working papers
261 (Sep 2008)
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Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting

by Césaire A. Meh, José-Víctor Ríos-Rull, and Yaz TerajimaBank of Canada Working papers
2008-31 (Sep 2008)
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Integrating European retail payment systems: some economics of SEPA

by Kari KemppainenBank of Finland Discussion Papers
2008/22 (24 Sep 2008)
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Government funds and demographic transition - alleviating ageing costs in a small open economy

by Helvi KinnunenBank of Finland Discussion Papers
2008/21 (23 Sep 2008)
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Sticky information Phillips curves: European evidence

by Jörg Döpke, Jonas DovernEuropean Central Bank Working papers
930 (Sep 2008)

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Non-Linearities, Model Uncertainty, and Macro Stress Testing

by Miroslav Misina and David TessierBank of Canada Working papers
2008-30 (Sep 2008)
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Added onto the Research Hub on 23.09.2008

Multiple safety net regulators and agency problems in the EU: Is Prompt Corrective Action partly the solution? (578 KB)

by David G. Mayes, María J. Nieto and Larry WallBank of Spain Working Papers
0819 (Sep 2008)
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Who Drove the Boom in Euro-Denominated Bond Issues?

by Hale, SpiegelSan Francisco Fed Working Papers
2008-20 (Sep 2008)

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A Small BVAR-DSGE Model for Forecasting the Australian Economy

by Andrew Hodge, Tim Robinson and Robyn StuartReserve Bank of Australia Research Discussion Papers
RDP2008-04 (Sep 2008)
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Added onto the Research Hub on 22.09.2008

Data Breaches and Identity Theft

by William Roberds and Stacey L. SchreftAtlanta Fed Working papers
2008-22 (Sep 2008)
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Returns to Investors in Stocks in New Industries

by Gerald P. Dwyer Jr. and Cora BarnhartAtlanta Fed Working papers
2008-21 (Sep 2008)
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Learning, Adaptive Expectations, and Technology Shocks

by Kevin X.D. Huang, Zheng Liu, and Tao ZhaAtlanta Fed Working papers
2008-20 (Sep 2008)
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Generalizing the Taylor Principle: Comment

by Roger E.A. Farmer, Daniel F. Waggoner, and Tao ZhaAtlanta Fed Working papers
2008-19 (Sep 2008)
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Structural Vector Autoregressions: Theory of Identification and Algorithms for Inference

by Juan F. Rubio-Ramírez, Daniel F.Waggoner, and Tao ZhaAtlanta Fed Working papers
2008-18 (Sep 2008)
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Impact on Welfare of Country Heterogeneity in a Currency Union

by Carla SoaresBank of Portugal Working papers
2008-14 (Sep 2008)
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Empirical Evidence on the Behavior and Stabilizing Role of Fiscal and Monetary Policies in the US

by Manuel Coutinho PereiraBank of Portugal Working papers
2008-13 (Sep 2008)
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The impact of financial position on investment: an anlysis for non-financial corporations in the euro area.

by Carmen Martinez-Carrascal and Annalisa FerrandoEuropean Central Bank Working papers
943 (Sep 2008)

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An application of index numbers theory to interest rates

by Javier Huerga and Lucia SteklacovaEuropean Central Bank Working papers
939 (Sep 2008)

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Macroeconomic Determinants of the Term Structure of Corporate Spreads

by Jun YangBank of Canada Working papers
2008-29 (Sep 2008)
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Inflation Dynamics in a Small Open Economy Model Under Inflation Targeting: Some Evidence From Chile

by Marco del Negro; Frank SchorfheideCentral Bank of Chile Working Papers
486 (Sep 2008)
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Does Openness Imply Greater Vulnerability?

by César Calderón; Norman V. Loayza; Klaus Schmidt-HebbelCentral Bank of Chile Working Papers
485 (Sep 2008)
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Towards a monetary policy evaluation framework

by Stéphane AdjemianEuropean Central Bank Working papers
942 (Sep 2008)

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Euro's influence upon trade: Rose effect versus border effect

by Gianluca CafisoEuropean Central Bank Working papers
941 (Sep 2008)

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Globalisation and the competitiveness of the euro area

by Filippo di Mauro and Katrin ForsterEuropean Central Bank Occasional papers
97 (Sep 2008)

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Added onto the Research Hub on 19.09.2008

Reale effektive ligevægtsvalutakurser for Danmark

by Sørensen, Søren VesterDanmarks Nationalbank Working papers
WP58/2008 (19 Sep 2008)
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Firm Default and Aggregate Fluctuations

by Tor JacobsonPhiladelphia Fed Working Papers
08-21 (Sep 2008)

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The Effect of Monetary Tightening on Local Banks

by Rocco HuangPhiladelphia Fed Working Papers
08-20 (Sep 2008)

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The effect of durable goods and ICT on euro area productivity growth?

by Jukka Jalava and Ilja Kristian KavoniusEuropean Central Bank Working papers
940 (Sep 2008)

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Fiscal policies, the current account and Ricardian equivalence

by Christiane Nickel and Isabel VansteenkisteEuropean Central Bank Working papers
935 (Sep 2008)

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Bank mergers and lending relationships

by Judit Montoriol-GarrigaEuropean Central Bank Working papers
934 (Sep 2008)

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Import price dynamics in major advanced economies and heterogeneity in exchange rate pass-through

by Stéphane DéesEuropean Central Bank Working papers
933 (Sep 2008)

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Real convergence in Central and Eastern European EU Member States: which role for exchange rate volatility?

by Olga ArratibelEuropean Central Bank Working papers
929 (Sep 2008)

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Added onto the Research Hub on 18.09.2008

Real-Time Measurement of Business Conditions

by S. Boragan AruobaPhiladelphia Fed Working Papers
08-19 (Sep 2008)

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In Harm's Way? Payday Loan Access and Military Personnel Performance

by Scott CarrellPhiladelphia Fed Working Papers
08-18 (Sep 2008)

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DSGE Model-Based Forecasting of Non-Modelled Variables

by Frank SchorfheidePhiladelphia Fed Working Papers
08-17 (Sep 2008)

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Measuring Financial Asset Return and Volatility Spillovers, with Application to Global Equity Markets

by Francis X. DieboldPhiladelphia Fed Working Papers
08-16 (Sep 2008)

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The Elasticity of the Unemployment Rate with Respect to Benefits

by Keith KuesterPhiladelphia Fed Working Papers
08-15 (Sep 2008)

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The Homeownership Experience of Households in Bankruptcy

by Wenli LiPhiladelphia Fed Working Papers
08-14 (Sep 2008)

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Quits, Worker Recruitment, and Firm Growth: Theory and Evidence

by R. Jason FabermanPhiladelphia Fed Working Papers
08-13 (Sep 2008)

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Can Multi-Stage Production Explain the Home Bias in Trade?

by Kei-Mu YiPhiladelphia Fed Working Papers
08-12 (Sep 2008)

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Job Flows, Jobless Recoveries, and the Great Moderation

by R. Jason FabermanPhiladelphia Fed Working Papers
08-11 (Sep 2008)

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Business Method Patents and U.S. Financial Services

by Robert M. HuntPhiladelphia Fed Working Papers
08-10 (Sep 2008)

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Core Measures of Inflation as Predictors of Total Inflation

by Loretta J. MesterPhiladelphia Fed Working Papers
08-9 (Sep 2008)

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Revisions to PCE Inflation Measures: Implications for Monetary Policy

by Dean CroushorePhiladelphia Fed Working Papers
08-8 (Sep 2008)