Printed from https://ideas.repec.org/s/bis/biswps5.html
Content
2013
- 418 Should monetary policy lean against the wind? - an analysis based on a DSGE model with banking
by Leonardo Gambacorta & Federico M Signoretti - 417 Relationship and Transaction Lending in a Crisis
by Patrick Bolton & Xavier Freixas & Leonardo Gambacorta & Paolo Emilio Mistrulli - 416 Credit and growth after financial crises
by Elod Takáts & Christian Upper - 415 The interest rate effects of government debt maturity
by Jagjit S Chadha & Philip Turner & Fabrizio Zampolli - 414 Foreign exchange intervention and expectation in emerging economies
by Ken Miyajima - 413 The 2011 FDIC assessment on banks managed liabilities: interest rate and balance-sheet responses
by Lawrence L Kreicher & Robert N McCauley & Patrick McGuire - 412 Structural bank regulation initiatives: approaches and implications
by Leonardo Gambacorta & Adrian Van Rixtel - 411 Financial sector ups and downs and the real sector in the open economy: Up by the stairs, down by the parachute
by Joshua Aizenman & Brian Pinto & Vladyslav Sushko - 410 Is China or India more financially open?
by Guonan Ma & Robert N McCauley - 409 Wage and price dynamics in a large emerging economy: The case of China
by Carsten A Holz & Aaron Mehrotra - 408 The Great Financial Crisis: setting priorities for new statistics
by Claudio Borio - 407 Do economies stall? The international evidence
by Wai-Yip Alex Ho & James Yetman - 406 Financial crises and bank funding: recent experience in the euro area
by Adrian Van Rixtel & Gabriele Gasperini - 405 Information flows in foreign exchange markets: dissecting customer currency trades
by Lukas Mankhoff & Lucio Sarno & Maik Schmeling & Andreas Schrimpf - 404 Rethinking potential output: Embedding information about the financial cycle
by Claudio Borio & Frank Piti Disyatat & Mikael Juselius - 403 Benign neglect of the long-term interest rate
by Philip Turner - 402 Understanding Global Liquidity
by Sandra Eickmeier & Leonardo Gambacorta & Boris Hofmann
2012
- 401 Why do firms issue abroad? Lessons from onshore and offshore corporate bond finance in Asian emerging markets
by Paul Mizen & Frank Packer & Eli M Remolona & Serafeim Tsoukas - 400 Capital Flows and the Risk-Taking Channel of Monetary Policy
by Valentina Bruno & Hyun Song Shin - 399 Global safe assets
by Pierre-Olivier Gourinchas & Olivier Jeanne - 398 The great leveraging
by Alan M. Taylor - 397 Financial Globalisation and the Crisis
by Philip R. Lane - 396 Systematic monetary policy and the forward premium puzzle
by Demosthenes N. Tambakis & Nikola Tarashev - 395 The financial cycle and macroeconomics: What have we learnt?
by Claudio Borio - 394 Unmitigated disasters? New evidence on the macroeconomic cost of natural catastrophes
by Goetz von Peter & Sebastian von Dahlen & Sweta C Saxena - 393 Interpreting TARGET2 balances
by Stephen Cecchetti & Robert McCauley & Patrick McGuire - 392 Liquidity in Government versus Covered Bond Markets
by Jens Dick-Nielsen & Jacob Gyntelberg & Thomas Sangill - 391 Emerging market local currency bonds: diversification and stability
by Ken Miyajima & Madhusudan Mohanty & Tracy Chan - 390 The liquidity consequences of the euro area sovereign debt crisis
by William A Allen & Richhild Moessner - 389 Currency intervention and the global portfolio balance effect: Japanese lessons
by Petra Gerlach-Kristen & Robert N McCauley - 388 Monetary policy in a downturn: Are financial crises special?
by Morten Bech & Leonardo Gambacorta - 387 Does US GDP stall?
by Wai-Yip Alex Ho & James Yetman - 386 The Social Value of Policy Signals
by Stefan Avdjiev & Patrick McGuire - 385 Ageing, property prices and money demand
by Kiyohiko Nishimura & Elod Takáts - 384 The Effectiveness of Unconventional Monetary Policy at the Zero Lower Bound: A Cross-Country Analysis
by Leonardo Gambacorta & Boris Hofmann & Gert Peersman - 383 Public recapitalisations and bank risk: evidence from loan spreads and leverage
by Michael Brei & Blaise Gadanecz - 382 Risk-on/risk-off, capital flows, leverage and safe assets
by Robert N McCauley - 381 Reassessing the impact of finance on growth
by Stephen Cecchetti & Enisse Kharroubi - 380 Characterising the financial cycle: don't lose sight of the medium term!
by Mathias Drehmann & Claudio Borio & Kostas Tsatsaronis - 379 When capital adequacy and interest rate policy are substitutes (and when they are not)
by Stephen G Cecchetti & Marion Kohler - 378 Ensuring price stability in post-crisis Asia: lessons from the recovery
by Andrew Filardo - 377 Rapid credit growth and international credit: Challenges for Asia
by Stefan Avdjiev & Robert McCauley & Patrick McGuire - 376 Systemic risk in global banking: what can available data tell us and what more data are needed?
by Eugenio Cerutti & Stijn Claessens & Patrick McGuire - 375 Loan loss provisioning practices of Asian banks
by Frank Packer & Haibin Zhu - 374 A Comprehensive Look at Financial Volatility Prediction by Economic Variables
by Charlotte Christiansen & Maik Schmeling & Andreas Schrimpf - 373 Collateral requirements for mandatory central clearing of over-the-counter derivatives
by Daniel Heller & Nicholas Vause - 372 Inflation Dynamics in the Presence of Informal Labour Markets
by Paul Castillo & Carlos Montoro - 371 Stochastic Herding in Financial Markets Evidence from Institutional Investor Equity Portfolios
by Makoto Nirei & Theodoros Stamatiou & Vladyslav Sushko - 370 Credit at times of stress: Latin American lessons from the global financial crisis
by Carlos Montoro & Liliana Rojas-Suarez - 369 Stress-testing macro stress testing: does it live up to expectations?
by Claudio Borio & Mathias Drehmann & Kostas Tsatsaronis - 368 The sustainability of pension schemes
by Srichander Ramaswamy
2011
- 367 Is the long-term interest rate a policy victim, a policy variable or a policy lodestar?
by Philip Turner - 366 Currency Momentum Strategies
by Lukas Menkhoff & Lucio Sarno & Maik Schmeling & Andreas Schrimpf - 365 Was This Time Different?: Fiscal Policy in Commodity Republics
by Luis Felipe Céspedes & Andrés Velasco - 364 Perceptions and misperceptions of fiscal inflation
by Eric M. Leeper & Todd B. Walker - 363 The Liquidation of Government Debt
by Carmen M. Reinhart & M. Belen Sbrancia - 362 The "Austerity myth": Gain Without Pain?
by Roberto Perotti - 361 Long-term fiscal sustainability in major economies
by Alan J Auerbach - 360 China's evolving reserve requirements
by Guonan Ma & Yan Xiandong & Kostas Liu Xi - 359 Bank heterogeneity and interest rate setting: What lessons have we learned since Lehman Brothers?
by Leonardo Gambacorta & Paolo Emilio Mistrulli - 358 News driven business cycles and data on asset prices in estimated DSGE models
by Stefan Avdjiev - 357 Rescue packages and bank lending
by Michael Brei & Leonardo Gambacorta & Goetz von Peter - 356 The Impact of the International Financial Crisis on Asia and the Pacific: Highlighting Monetary Policy Challenges from a Negative Asset Price Bubble Perspective
by Andrew Filardo - 355 Anchoring countercyclical capital buffers: the role of credit aggregates
by Mathias Drehmann & Claudio Borio & Kostas Tsatsaronis - 354 Rediscovering the macroeconomic roots of financial stability policy: journey, challenges and a way forward
by Claudio Borio - 353 Central banking post-crisis: What compass for uncharted waters?
by Claudio Borio - 352 The real effects of debt
by Stephen Cecchetti & Madhusudan Mohanty & Fabrizio Zampolli - 351 Weathering the financial crisis: good policy or good luck?
by Stephen Cecchetti & Michael R King & James Yetman - 350 The value of repeat lending
by Blaise Gadanecz & Alper Kara & Philip Molyneux - 349 How do inflation expectations form? New insights from a high-frequency survey
by Gabriele Galati & Peter Heemeijer & Richhild Moessner - 348 The international propagation of the financial crisis of 2008 and a comparison with 1931
by William A. Allen & Richhild Moessner - 347 On harnessing the potential of financial inclusion
by Peter Dittus & Michael Klein - 346 Global imbalances and the financial crisis: Link or no link?
by Claudio Borio & Piti Disyatat - 345 The bank lending channel: lessons from the crisis
by Leonardo Gambacorta & David Marques-Ibanez - 344 Dislocations in the won-dollar swap markets during the crisis of 2007-09
by Naohiko Baba & Ilhyock Shim - 343 Market structures and systemic risks of exchange-traded funds
by Srichander Ramaswamy - 342 Measuring the systemic importance of interconnected banks
by Nikola Tarashev & Mathias Drehmann - 341 Securitization is not that evil after all
by Ugo Albertazzi & Ginette Eramo & Leonardo Gambacorta & Carmelo Salleo - 340 Cyclical fiscal policy, credit constraints, and industry growth
by Philippe Aghion & David Hemous & Enisse Kharroubi - 339 Measuring disagreement in UK consumer and central bank inflation forecasts
by Richhild Moessner & Feng Zhu & Colin Ellis - 338 BASEL III: Long-term impact on economic performance and fluctuations
by Paolo Angelini & Laurent Clerc & Vasco Cúrdia & Leonardo Gambacorta & Andrea Gerali & Alberto Locarno & Roberto Motto & Werner Roeger & Skander Van den Heuvel & Jan Vlcek - 337 Macroprudential policy - a literature review
by Gabriele Galati & Richhild Moessner - 336 Policymaking from a "macroprudential" perspective in emerging market economies
by Ramon Moreno
2010
- 335 To err is human: rating agencies and the interwar foreign government debt crisis
by Marc Flandreau & Norbert Gaillard & Frank Packer - 334 Why issue bonds offshore?
by Susan Black & Anella Munro - 333 Banking crises and the international monetary system in the Great Depression and now
by Richhild Moessner & William A Allen - 332 The impact of CDS trading on the bond market: evidence from Asia
by Ilhyock Shim & Haibin Zhu - 331 Central banks and competition authorities: institutional comparisons and new concerns
by John Vickers - 330 Minimising monetary policy
by Peter Stella - 329 The governance of financial regulation: reform lessons from the recent crisis
by Ross Levine - 328 The Federal Reserve, the Bank of England and the rise of the dollar as an international currency, 1914-39
by Barry Eichengreen & Marc Flandreau - 327 Central banks: between internationalisation and domestic political control
by Harold James - 326 The changing role of central banks
by Charles Goodhart - 325 Inflation risk premia in the US and the euro area
by Peter Hördahl & Oreste Tristani - 324 Mapping capital and liquidity requirements to bank lending spreads
by Michael R King - 323 Stochastic Volatility, Long Run Risks, and Aggregate Stock Market Fluctuations
by Stefan Avdjiev & Nathan Balke - 322 Interbank tiering and money center banks
by Ben Craig & Goetz von Peter - 321 The evolving renminbi regime and implications for Asian currency stability
by Guonan Ma & Robert McCauley - 320 Offshore markets for the domestic currency: monetary and financial stability issues
by Dong He & Robert McCauley - 319 Macroeconomic and interest rate volatility under alternative monetary operating procedures
by Petra Gerlach-Kristen & Barbara Rudolf - 318 Ageing and asset prices
by Elod Takats - 317 Countercyclical capital buffers: exploring options
by Mathias Drehmann & Claudio Borio & Leonardo Gambacorta & Gabriel Jiminez & Carlos Trucharte - 316 Funding liquidity risk: definition and measurement
by Mathias Drehmann & Kleopatra Nikolaou - 315 The determinants of cross-border bank flows to emerging markets: new empirical evidence on the spread of financial crises
by Sabine Herrmann & Dubravko Mihaljek - 314 Chronicle of currency collapses: re-examining the effects on output
by Matthieu Bussière & Sweta c Saxena & Camilo Tovar - 313 Banks and financial intermediation in emerging Asia: reforms and new risks
by Madhusudan Mohanty & Philip Turner - 312 China's high saving rate: myth and reality
by Guonan Ma & Wang Yi - 311 Resolving the financial crisis: are we heeding the lessons from the Nordics?
by Claudio Borio & Bent Vale & Goeth von Peter - 310 Central bank co-operation and international liquidity in the financial crisis of 2008-9
by William Allen & Richhild Moessner - 309 Toward a global risk map
by Stephen Cecchetti & Ingo Fender & Kostas Patrick McGuire - 308 Attributing systemic risk to individual institutions
by Nikola Tarashev & Claudio Borio & Kostas Tsatsaronis - 307 Oil shocks and optimal monetary policy
by Carlos Montoro - 306 Household decisions, credit markets and the macroeconomy: implications for the design of central bank models
by John Muellbauer - 305 Fear of fire sales and the credit freeze
by Douglas W Diamond - 304 Financial intermediation and the post-crisis financial system
by Hyun Song Shin - 303 Illiquidity and all its friends
by Jean Tirole - 302 Accounting alchemy
by Robert E Verrecchia - 301 The failure mechanics of dealer banks
by Darrell Duffie - 300 The future of public debt: prospects and implications
by Stephen Cecchetti & Madhusudan Mohanty & Fabrizio Zampolli - 299 Public governance of central banks: an approach from new institutional economics
by Yoshiharu Oritani - 298 Does monetary policy affect bank risk-taking?
by Yener Altunbas & Leonardo Gambacorta & David Marques-Ibanez - 297 The bank lending channel revisited
by Piti Disyatat - 296 Assessing the systemic risk of a heterogeneous portfolio of banks during the recent financial crisis
by Xin Huang & Hao Zhou & Haibin Zhu
2009
- 295 Consumption and real exchange rates in professional forecasts
by Michael B Devereux & Gregor W Smith & James Yetman - 294 The risk of relying on reputational capital: a case study of the 2007 failure of New Century Financial
by Allen B Frankel - 293 Ten propositions about liquidity crises
by Claudio Borio - 292 Unconventional monetary policies: an appraisal
by Claudio Borio & Piti Disyatat - 291 The US dollar shortage in global banking and the international policy response
by Patrick McGuire & Goetz von Peter - 290 Mutual guarantee institutions and small business finance
by Francesco Columba & Leonardo Gambacorta & Paolo Emilio Mistrulli - 289 Incentives and tranche retention in securitisation: a screening model
by Ingo Fender & Janet Mitchell - 288 Time to buy or just buying time? The market reaction to bank rescue packages
by Michael R King - 287 International portfolio rebalancing and exchange rate fluctuations in Thailand
by Jacob Gyntelberg & Mico Loretan & Tientip Subhanij & Eric Chan - 286 China’s evolving external wealth and rising creditor position
by Guonan Ma & Zhou Haiwen - 285 From turmoil to crisis: dislocations in the FX swap market before and after the failure of Lehman Brothers
by Naohiko Baba & Frank Packer - 284 Towards an operational framework for financial stability: "fuzzy" measurement and its consequences
by Claudio Borio & Claudio Mathias Drehmann - 283 Another look at global disinflation
by Toshitaka Sekine - 282 China's exchange rate policy and Asian trade
by Alicia García-Herrero & Tuuli Koivu - 281 A Framework for Assessing the Systemic Risk of Major Financial Institutions
by Xin Huang & Hao Zhou & Haibin Zhu - 280 Measuring portfolio credit risk correctly: why parameter uncertainty matters
by Nikola Tarashev - 279 The pricing of subprime mortgage risk in good times and bad: evidence from the ABX.HE indices
by Ingo Fender & Martin Scheicher - 278 Credit frictions and optimal monetary policy
by Vasco Cúrdia & Michael Woodford - 277 China's financial conundrum and global imbalances
by Ronald McKinnon & Gunther Schnabl - 276 Has the monetary transmission process in the euro area changed? Evidence vased on VAR estimates
by Axel A Weber & Rafael Gerke & Andreas Worms - 275 Inflation expectations, uncertainty and monetary policy
by Christopher A Sims - 274 Talking about monetary policy: the virtues (and vice?) of central bank communication
by Alan Blinder - 273 In search of monetary stability: the evolution of monetary policy
by Otmar Issing - 272 Bank ties and firm performance in Japan: some evidence since FY2002
by Patrick McGuire - 271 Private information, stock markets, and exchange rates
by Jacob Gyntelberg & Mico Loretan & Tientip Subhanij & Eric Chan
2008
- 270 Catching-up and inflation in transition economies: the Balassa-Samuelson effect revisited
by Dubravko Mihaljek & Marc Klau - 269 Monetary policy implementation: Misconceptions and their consequences
by Piti Disyatat - 268 Capital regulation, risk-taking and monetary policy: a missing link in the transmission mechanism?
by Claudio Borio & Haibin Zhu - 267 Interpreting deviations from covered interest parity during the financial market turmoil of 2007-08
by Naohiko Baba & Frank Packer - 266 Private matters
by Jean Helwege & Frank Packer - 265 External support and bank behaviour in the international syndicated loan market
by Blaise Gadanecz & Kostas Tsatsaronis & Yener Altunbas - 264 Price discovery from cross-currency and FX swaps: a structural analysis
by Naohiko Baba & Yasuaki Amatatsu - 263 Determinants of house prices in nine Asia-Pacific economies
by Eloisa T Glindro & Tientip Subhanij & Jessica Szeto & Haibin Zhu - 262 Effectiveness of monetary policy communication in Indonesia and Thailand
by Sahminan Sahminan - 261 The Asian crisis: what did local stock markets expect?
by Jacob Gyntelberg & Alicia Garcia Herrero & Andrea Tesei - 260 Estimating hedge fund leverage
by Patrick M McGuire & Kostas Tsatsaronis - 259 The housing meltdown: Why did it happen in the United States?
by Luci Ellis - 258 DSGE models and central banks
by Camilo E Tovar - 257 Financial system: shock absorber or amplifier?
by Franklin Allen & Elena Carletti - 256 Liquidity and financial cycles
by Tobias Adrian & Hyun Song Shin - 255 Innovations in credit risk transfer: implications for financial stability
by Darrell Duffie - 254 Speculative attacks, Private Signals and Intertemporal Trade-offs
by Nikola A Tarashev - 253 Implementing monetary policy in the 2000s: operating procedures in Asia and beyond
by Corrinne Ho - 252 The evolution of trading activity in Asian foreign exchange markets
by Yosuke Tsuyuguchi & Philip D Wooldridge - 251 The financial turmoil of 2007-?: a preliminary assessment and some policy considerations
by Claudio Borio - 250 Globalisation and the determinants of domestic inflation
by William R White - 249 Frequency of observation and the estimation of integrated volatility in deep and liquid financial markets
by Alain Chaboud & Benjamin Chiquoine & Erik Hjalmarsson & Mico Loretan - 248 Tips from TIPS: the informational content of Treasury Inflation-Protected Security prices
by Stefania D'Amico & Don H Kim & Min Wei - 247 What drives the current account in commodity exporting countries? The cases of Chile and New Zealand
by Juan Pablo Medina & Anella Munro & Claudio Soto - 246 Central bank policy rate guidance and financial market functioning
by Richhild Moessner & William Nelson - 245 Understanding Asian equity flows, market returns and exchange rates
by Chayawadee Chai-Anant & Corinna Ho - 244 Global monitoring with the BIS international banking statistics
by Patrick McGuire & Ilhyock Nikola Tarashev - 243 Asset prices and monetary policy: booms and fat tails in East Asia
by Maria Socorro Gochoco-Bautista
2007
- 242 What can (macro-)prudential policy do to support monetary policy?
by Claudio Borio & Ilhyock Shim - 241 Housing finance agencies in Asia
by Michael Davies & Jacob Gyntelberg & Eric Chan - 240 Challenges in macro-finance modeling
by Don H Kim - 239 Spanned stochastic volatility in bond markets: a reexamination of the relative pricing between bonds and bond options
by Don H Kim - 238 Bank size, credit and the sources of bank market risk
by Ryan Stever - 237 Change and constancy in the financial system: implications for financial distress and policy
by Claudio E. V. Borio - 236 Determinants of house prices in central and eastern Europe
by Balázs Égert & Dubravko Mihaljek - 235 Regulatory discretion and banks' pursuit of "safety in similarity"
by Ryan Stever & James A Wilcox - 234 Using counterfactual simulations to assess the danger of contagion in interbank markets
by Christian Upper - 233 Do China's capital controls still bind? Implications for monetary autonomy and capital liberalisation
by Guonan Ma & Robert N. McCauley - 232 Capital regulation and banks' financial decisions
by Haibin Zhu - 231 The global upward trend in the profit share
by Luci Ellis & Kathryn Smith - 230 Modelling and calibration errors in measures of portfolio credit risk
by Nikola A. Tarashev & Haibin Zhu - 229 Distress selling and asset market feedback
by Ilhyock Shim & Goetz von Peter - 228 Inflation risk premia in the term structure of interest rates
by Peter Hoerdahl & Oreste Tristani - 227 Globalisation and inflation: New cross-country evidence on the global determinants of domestic inflation
by Claudio E. V. Borio & Andrew Filardo - 226 Growth dynamics: the myth of economic recovery
by Valerie Cerra & Sweta Chaman Saxena - 225 Economic reforms and exchange rate pass-through to domestic prices in India
by Jeevan K Khundrakpam - 224 The tail wags the dog: time-varying information shares in the Bund market
by Christian Upper & Thomas Werner - 223 What explains the US net income balance?
by Alexandra Heath
2006
- 222 An equilibrum model of "global imbalances" and low interest rates
by Ricardo J Caballero & Emmanuel Farhi & Pierre-Olivier Gourinchas - 221 Phoenix miracles in emerging markets: recovering without credit from systemic financial crises
by Alejandro Izquierdo & Ernesto Talvi & Guillermo A Calvo