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The hunt for duration: not waving but drowning?
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Cited by:
- Eidam, Frederik, 2020. "Gap-filling government debt maturity choice," ESRB Working Paper Series 110, European Systemic Risk Board.
- Khetan, Umang & Neamțu, Ioana & Sen, Ishita, 2023. "The market for sharing interest rate risk: quantities behind prices," Bank of England working papers 1031, Bank of England.
- Czech, Robert & Roberts-Sklar, Matt, 2017. "Investor behaviour and reaching for yield: evidence from the sterling corporate bond market," Bank of England working papers 685, Bank of England.
- Hanson, Samuel G. & Malkhozov, Aytek & Venter, Gyuri, 2024. "Demand-and-supply imbalance risk and long-term swap spreads," Journal of Financial Economics, Elsevier, vol. 154(C).
- Timmer, Yannick, 2018.
"Cyclical investment behavior across financial institutions,"
Journal of Financial Economics, Elsevier, vol. 129(2), pages 268-286.
- Timmer, Yannick, 2017. "Cyclical Investment Behaviour across Financial Institutions," ECMI Papers 12747, Centre for European Policy Studies.
- Timmer, Yannick, 2018. "Cyclical investment behavior across financial institutions," ESRB Working Paper Series 77, European Systemic Risk Board.
- Robin Greenwood & Annette Vissing-Jorgensen, 2018.
"The Impact of Pensions and Insurance on Global Yield Curves,"
Harvard Business School Working Papers
18-109, Harvard Business School, revised Dec 2018.
- Robin M. Greenwood & Annette Vissing-Jorgensen, 2019. "The Impact of Pensions and Insurance on Global Yield Curves," Swiss Finance Institute Research Paper Series 19-59, Swiss Finance Institute.
- Bofinger, Peter & Schnabel, Isabel & Feld, Lars P. & Schmidt, Christoph M. & Wieland, Volker, 2015. "Zukunftsfähigkeit in den Mittelpunkt. Jahresgutachten 2015/16 [Focus on Future Viability. Annual Report 2015/16]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201516, February.
- Carboni, Giacomo & Ellison, Martin, 2022.
"Preferred Habitat and Monetary Policy Through the Looking-Glass,"
CEPR Discussion Papers
17394, C.E.P.R. Discussion Papers.
- Carboni, Giacomo & Ellison, Martin, 2022. "Preferred habitat and monetary policy through the looking-glass," Working Paper Series 2697, European Central Bank.
- Hyun Song Shin, 2017.
"Breaking free of the triple coincidence in international finance,"
IFC Bulletins chapters, in: Bank for International Settlements (ed.), Statistical implications of the new financial landscape, volume 43,
Bank for International Settlements.
- Stefan Avdjiev & Robert N. McCauley & Hyun Song Shin, 2016. "Breaking free of the triple coincidence in international finance," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 31(87), pages 409-451.
- Stefan Avdjiev & Robert Neil McCauley & Hyun Song Shin, 2015. "Breaking free of the triple coincidence in international finance," BIS Working Papers 524, Bank for International Settlements.
- Kaufmann, Christoph & Leyva, Jaime & Storz, Manuela, 2024. "Insurance corporations’ balance sheets, financial stability and monetary policy," Working Paper Series 2892, European Central Bank.
- Angrick, Stefan & Nemoto, Naoko, 2017. "Central Banking below Zero: The Implementation of Negative Interest Rate Policies in Europe and Japan," ADBI Working Papers 740, Asian Development Bank Institute.
- Kristy Jansen & Sven Klingler & Angelo Ranaldo & Patty Duijm, 2024.
"Pension Liquidity Risk,"
Swiss Finance Institute Research Paper Series
24-16, Swiss Finance Institute.
- Kristy Jansen & Sven Klingler & Angelo Ranaldo & Patty Duijm, 2024. "Pension Liquidity Risk," Working Papers 801, DNB.
- de Haan, Leo & Vermeulen, Robert, 2021. "Sovereign debt ratings and the country composition of cross-border holdings of euro area sovereign debt," Journal of International Money and Finance, Elsevier, vol. 119(C).
- Kubitza, Christian & Grochola, Nicolaus & Gründl, Helmut, 2021.
"Life insurance convexity,"
ICIR Working Paper Series
42/21, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
- Christian Kubitza & Nicolaus Grochola & Helmut Gründl, 2022. "Life Insurance Convexity," ECONtribute Discussion Papers Series 154, University of Bonn and University of Cologne, Germany.
- Grochola, Nicolaus & Gründl, Helmut & Kubitza, Christian, 2023. "Life insurance convexity," Working Paper Series 2829, European Central Bank.
- Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
- Marcello Pericoli, 2019. "An assessment of recent trends in market-based expected iflation in the euro area," Questioni di Economia e Finanza (Occasional Papers) 542, Bank of Italy, Economic Research and International Relations Area.
- Gnabo, Jean-Yves & Soudant, Joey, 2022. "Monetary policy and portfolio rebalancing: Evidence from European equity mutual funds," Journal of Financial Stability, Elsevier, vol. 63(C).
- Robin Greenwood & Samuel Hanson & Dimitri Vayanos, 2023.
"Supply and Demand and the Term Structure of Interest Rates,"
NBER Working Papers
31879, National Bureau of Economic Research, Inc.
- Greenwood, Robin & Hanson, Samuel & Vayanos, Dimitri, 2024. "Supply and demand and the term structure of interest rates," LSE Research Online Documents on Economics 126107, London School of Economics and Political Science, LSE Library.
- Matteo Bonetti, 2021. "Pension Fund Equity Performance: Herding Does Not Pay Off," Working Papers 729, DNB.
- Avalos, Fernando & Mamatzakis, Emmanuel, 2023. "Is bank resilience affected by unconventional monetary policy in the Euro area?," Journal of International Money and Finance, Elsevier, vol. 130(C).
- Stéphane Verani & Pei Cheng Yu, 2024.
"What’s Wrong with Annuity Markets?,"
Journal of the European Economic Association, European Economic Association, vol. 22(4), pages 1981-2024.
- Pei Cheng Yu & Stephane Verani, 2020. "What's Wrong with Annuity Markets?," Discussion Papers 2020-10, School of Economics, The University of New South Wales.
- Stéphane Verani & Pei Cheng Yu, 2021. "What's Wrong with Annuity Markets?," Finance and Economics Discussion Series 2021-044, Board of Governors of the Federal Reserve System (U.S.).
- Semyon Malamud & Andreas Schrimpf, 2016.
"Intermediation Markups and Monetary Policy Passthrough,"
Swiss Finance Institute Research Paper Series
16-75, Swiss Finance Institute.
- Schrimpf, Paul & Malamud, Semyon, 2018. "Intermediation markups and monetary policy pass-through," CEPR Discussion Papers 12623, C.E.P.R. Discussion Papers.
- Andreas Schrimpf & Semyon Malamud, 2017. "Intermediation Markups and Monetary Policy Passthrough," 2017 Meeting Papers 812, Society for Economic Dynamics.
- Kristy Jansen, 2023. "Long-term Investors, Demand Shifts, and Yields," Working Papers 769, DNB.
- Ammer, John & Claessens, Stijn & Tabova, Alexandra & Wroblewski, Caleb, 2019.
"Home country interest rates and international investment in U.S. bonds,"
Journal of International Money and Finance, Elsevier, vol. 95(C), pages 212-227.
- John Ammer & Stijn Claessens & Alexandra M. Tabova & Caleb Wroblewski, 2018. "Home Country Interest Rates and International Investment in U.S. Bonds," International Finance Discussion Papers 1231, Board of Governors of the Federal Reserve System (U.S.).
- Barbu, Alexandru & Fricke, Christoph & ,, 2020.
"Procyclical Asset Management and Bond Risk Premia,"
CEPR Discussion Papers
15123, C.E.P.R. Discussion Papers.
- Barbu, Alexandru & Fricke, Christoph & Moench, Emanuel, 2021. "Procyclical asset management and bond risk premia," ESRB Working Paper Series 116, European Systemic Risk Board.
- Barbu, Alexandru & Fricke, Christoph & Mönch, Emanuel, 2020. "Procyclical asset management and bond risk premia," Discussion Papers 38/2020, Deutsche Bundesbank.
- Robert Czech & Matt Roberts‐Sklar, 2019.
"Investor behaviour and reaching for yield: Evidence from the sterling corporate bond market,"
Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 28(5), pages 347-379, December.
- Czech, Robert & Roberts-Sklar, Matt, 2017. "Investor behaviour and reaching for yield: evidence from the sterling corporate bond market," Bank of England working papers 685, Bank of England.
- Shida, Jakob, 2023. "Primary market demand for German government bonds," Journal of International Money and Finance, Elsevier, vol. 137(C).
- Fernando Avalos & Emmanuel C Mamatzakis, 2018. "Euro area unconventional monetary policy and bank resilience," BIS Working Papers 754, Bank for International Settlements.
- Fabian Garavito & Ulf Lewrick & Tomas Stastny & Karamfil Todorov, 2024. "Shifting landscapes: life insurance and financial stability," BIS Quarterly Review, Bank for International Settlements, September.
- Aytek Malkhozov & Philippe Mueller & Andrea Vedolin & Gyuri Venter, 2016.
"Mortgage Risk and the Yield Curve,"
The Review of Financial Studies, Society for Financial Studies, vol. 29(5), pages 1220-1253.
- Aytek Malkhozov & Philippe Mueller & Andrea Vedolin & Gyuri Venter, 2015. "Mortgage risk and the yield curve," BIS Working Papers 532, Bank for International Settlements.
- Malkhozov, Aytek & Mueller, Philippe & Vedolin, Andrea & Venter, Gyuri, 2016. "Mortgage risk and the yield curve," LSE Research Online Documents on Economics 64915, London School of Economics and Political Science, LSE Library.
- Sven Klingler & Suresh Sundaresan, 2018. "An explanation of negative swap spreads: demand for duration from underfunded pension plans," BIS Working Papers 705, Bank for International Settlements.
- Kirti, Divya, 2024.
"When gambling for resurrection is too risky,"
Journal of Banking & Finance, Elsevier, vol. 162(C).
- Mr. Divya Kirti, 2017. "When Gambling for Resurrection is Too Risky," IMF Working Papers 2017/180, International Monetary Fund.
- Kirti, Divya, 2018. "When gambling for resurrection is too risky," ESRB Working Paper Series 69, European Systemic Risk Board.
- Jonathan A. Batten & Igor LonČarski & Peter G. Szilagyi, 2022. "Financial Market Manipulation, Whistleblowing, and the Common Good: Evidence from the LIBOR Scandal," Abacus, Accounting Foundation, University of Sydney, vol. 58(1), pages 1-23, March.
- Luciano, Elisa & Rochet, Jean Charles, 2022.
"The fluctuations of insurers’ risk appetite,"
Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
- Elisa Luciano & Jean-Charles Rochet, 2022. "The Fluctuations of Insurers’ Risk Appetite," Post-Print hal-04052327, HAL.
- Hanson, Samuel & Malkhozov, Aytek & Venter, Gyuri, 2022. "Demand-supply imbalance risk and long-term swap spreads," LSE Research Online Documents on Economics 118868, London School of Economics and Political Science, LSE Library.
- Christoph Memmel & Atılım Seymen & Max Teichert, 2018.
"Banks’ Interest Rate Risk and Search for Yield: A Theoretical Rationale and Some Empirical Evidence,"
German Economic Review, Verein für Socialpolitik, vol. 19(3), pages 330-350, August.
- Memmel Christoph & Seymen Atılım & Teichert Max, 2018. "Banks’ Interest Rate Risk and Search for Yield: A Theoretical Rationale and Some Empirical Evidence," German Economic Review, De Gruyter, vol. 19(3), pages 330-350, August.
- Memmel, Christoph & Seymen, Atılım & Teichert, Max, 2016. "Banks' interest rate risk and search for yield: A theoretical rationale and some empirical evidence," Discussion Papers 22/2016, Deutsche Bundesbank.
- Koijen, Ralph S.J. & Koulischer, François & Nguyen, Benoît & Yogo, Motohiro, 2021.
"Inspecting the mechanism of quantitative easing in the euro area,"
Journal of Financial Economics, Elsevier, vol. 140(1), pages 1-20.
- Ralph S. J. Koijen & Francois Koulischer & Benoit Nguyen & Motohiro Yogo, 2019. "Inspecting the Mechanism of Quantitative Easing in the Euro Area," NBER Working Papers 26152, National Bureau of Economic Research, Inc.
- Koijen, Ralph & Koulischer, Francois & Nguyen, Benoît & Yogo, Motohiro, 2019. "Inspecting the Mechanism of Quantitative Easing in the Euro Area," CEPR Discussion Papers 13906, C.E.P.R. Discussion Papers.
- Mr. Manmohan Singh & Rohit Goel, 2019. "Pledged Collateral Market's Role in Transmission to Short-Term Market Rates," IMF Working Papers 2019/106, International Monetary Fund.
- Brophy, Thomas & Herrala, Niko & Jurado, Raquel & Katsalirou, Irene & Le Quéau, Léa & Lizarazo, Christian & O’Donnell, Seamus, 2019. "Role of cross currency swap markets in funding and investment decisions," Occasional Paper Series 228, European Central Bank.
- Carlos Alberto Piscarreta Pinto Ferreira, 2021. "Does Public Debt Ownership Structure Matter for a Borrowing Country?," Working Papers REM 2021/0190, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
- Katsuhiro Oshima, 2017. "Search-for-Yield and Business Cycles," KIER Working Papers 962, Kyoto University, Institute of Economic Research.
- Benjamin H Cohen & Peter Hördahl & Dora Xia, 2018. "Term premia: models and some stylised facts," BIS Quarterly Review, Bank for International Settlements, March.
- Grochola, Nicolaus, 2023. "The influence of negative interest rates on life insurance companies," ICIR Working Paper Series 53/23, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
- Eidam, Frederik, 2018. "Gap-filling government debt maturity choice," ZEW Discussion Papers 18-025, ZEW - Leibniz Centre for European Economic Research.
- Martijn Boermans & Robert Vermeulen, 2018. "Quantitative easing and preferred habitat investors in the euro area bond market," DNB Working Papers 586, Netherlands Central Bank, Research Department.
- Martijn Boermans & Bram van der Kroft, 2020. "Capital regulation induced reaching for systematic yield: Financial instability through fire sales," Working Papers 673, DNB.
- Timmer, Yannick, 2016. "Cyclical investment behavior across financial institutions," ESRB Working Paper Series 18, European Systemic Risk Board.
- Maximilian Konradt, 2023.
"Do pension funds reach for yield? Evidence from a new database,"
IHEID Working Papers
01-2023, Economics Section, The Graduate Institute of International Studies.
- Konradt, Maximilian, 2023. "Do pension funds reach for yield? Evidence from a new database," MPRA Paper 116209, University Library of Munich, Germany.
- Claudio Borio & Robert Neil McCauley & Patrick McGuire & Vladyslav Sushko, 2016. "Covered interest parity lost: understanding the cross-currency basis," BIS Quarterly Review, Bank for International Settlements, September.
- victor Lyonnet, 2018. "Asset-liability management in life insurance: Evidence from France," Working Papers 2018-12, Center for Research in Economics and Statistics.
- Sen, Ishita & Humphry, David, 2018. "Capital regulation and product market outcomes," Bank of England working papers 715, Bank of England.
- Stefan Angrick & Naoko Nemoto, 2017. "Central banking below zero: the implementation of negative interest rates in Europe and Japan," Asia Europe Journal, Springer, vol. 15(4), pages 417-443, December.
- Berdin, Elia & Pancaro, Cosimo & Kok Sørensen, Christoffer, 2016.
"A stochastic forward-looking model to assess the profitability and solvency of European insurers,"
SAFE Working Paper Series
137, Leibniz Institute for Financial Research SAFE, revised 2016.
- Kok, Christoffer & Pancaro, Cosimo & Berdin, Elia, 2017. "A stochastic forward-looking model to assess the profitability and solvency of European insurers," Working Paper Series 2028, European Central Bank.
- Berdin, Elia & Pancaro, Cosimo & Kok Sørensen, Christoffer, 2016. "A stochastic forward-looking model to assess the profitability and solvency of European insurers," ICIR Working Paper Series 21/16, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
- Patty Duijm & Sophie Steins Bisschop, 2018.
"Short-termism of long-term investors? The investment behaviour of Dutch insurance companies and pension funds,"
Applied Economics, Taylor & Francis Journals, vol. 50(31), pages 3376-3387, July.
- Patty Duijm & Sophie Steins Bisschop, 2015. "Short-termism of long-term investors? The investment behaviour of Dutch insurance companies and pension funds," DNB Working Papers 489, Netherlands Central Bank, Research Department.
- Jansen, Kristy, 2021. "Essays on institutional investors, portfolio choice, and asset prices," Other publications TiSEM fd998408-d282-4e0f-b542-4, Tilburg University, School of Economics and Management.
- Morten Linnemann Bech & Aytek Malkhozov, 2016. "How have central banks implemented negative policy rates?," BIS Quarterly Review, Bank for International Settlements, March.
- Meng, Xiangcai & Huang, Chia-Hsing, 2021. "The time-frequency analysis of conventional and unconventional monetary policy: Evidence from Japan," Japan and the World Economy, Elsevier, vol. 59(C).
- Axel Möhlmann, 2021.
"Interest rate risk of life insurers: Evidence from accounting data,"
Financial Management, Financial Management Association International, vol. 50(2), pages 587-612, June.
- Möhlmann, Axel, 2017. "Interest rate risk of life insurers: Evidence from accounting data," Discussion Papers 10/2017, Deutsche Bundesbank.
- Vahagn Galstyan & Adnan Velic, 2018.
"International Investment Patterns: the Case of German Sectors,"
Open Economies Review, Springer, vol. 29(3), pages 665-685, July.
- Vahagn Galstyan & Adnan Velic, 2017. "International Investment Patterns: The Case of German Sectors," Trinity Economics Papers tep0217, Trinity College Dublin, Department of Economics, revised Mar 2018.
- Bergant, Katharina & Fidora, Michael & Schmitz, Martin, 2018.
"International capital flows at the security level – evidence from the ECB’s asset purchase programme,"
ECMI Papers
13926, Centre for European Policy Studies.
- Fidora, Michael & Schmitz, Martin & Bergant, Katharina, 2020. "International capital flows at the security level: evidence from the ECB’s Asset Purchase Programme," Working Paper Series 2388, European Central Bank.
- Katharina Bergant & Michael Fidora & Martin Schmitz, 2020. "International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme," IMF Working Papers 2020/046, International Monetary Fund.
- Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Truger, Achim & Wieland, Volker, 2019. "Den Strukturwandel meistern. Jahresgutachten 2019/20 [Dealing with Structural Change. Annual Report 2019/20]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201920, February.
- Ishita Sen, 2023. "Regulatory Limits to Risk Management," The Review of Financial Studies, Society for Financial Studies, vol. 36(6), pages 2175-2223.
- Martijn A. Boermans & Robert Vermeulen, 2020. "International investment positions revisited: Investor heterogeneity and individual security characteristics," Review of International Economics, Wiley Blackwell, vol. 28(2), pages 466-496, May.
- Dr. Albi Tola & Dr. Miriam Koomen & Amalia Repele, 2020. "Deviations from covered interest rate parity and capital outflows: The case of Switzerland," Working Papers 2020-08, Swiss National Bank.
- Liebich, Lena & Nöh, Lukas & Rutkowski, Felix & Schwarz, Milena, 2020. "Current developments in green finance," Working Papers 05/2020, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
- Martijn A. Boermans & Robert Vermeulen, 2020.
"International investment positions revisited: Investor heterogeneity and individual security characteristics,"
Review of International Economics, Wiley Blackwell, vol. 28(2), pages 466-496, May.
- Martijn Boermans & Robert Vermeulen, 2016. "International investment positions revisited: Investor heterogeneity and individual security characteristics," DNB Working Papers 531, Netherlands Central Bank, Research Department.
- Miroslav Titze, 2016. "Menová politika záporných úrokových sadzieb v eurozóne a Japonsku [Monetary Policy of Negative Interest Rates in Eurozone and Japan]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(8), pages 953-972.
- Elisa Luciano & Jean Charles Rochet, 2021. "Risk Appetite Fluctuations in the Insurance Industry," Carlo Alberto Notebooks 666 JEL Classification: G, Collegio Carlo Alberto.
- Tischer, Johannes, 2018. "Quantitative easing, portfolio rebalancing and credit growth: Micro evidence from Germany," Discussion Papers 20/2018, Deutsche Bundesbank.
- Balter, Anne G. & Pelsser, Antoon & Schotman, Peter C., 2021. "What does a term structure model imply about very long-term interest rates?," Journal of Empirical Finance, Elsevier, vol. 62(C), pages 202-219.
- Claudio Borio & Marc Farag & Fabrizio Zampolli, 2023. "Tackling the fiscal policy-financial stability nexus," BIS Working Papers 1090, Bank for International Settlements.