Content
Undated material is presented at the end, although it may be more recent than other items
2021
- GRU_2021_030 Bitcoin An Inflation Hedge but Not a Safe Haven
by Sangyup Choi & Junhyeok Shin - GRU_2021_029 Handbook of Real Estate and Macroeconomics: An Introduction
by Charles Leung - GRU_2021_028 Fundamentals vs. policies: can the US dollar’s dominance in global trade be dented?
by Georgios Georgiadis & Helena Le Mezo & Arnaud Mehl & Cedric Tille - GRU_2021_027 Foreign Exchange Intervention, Capital Flows, and Liability Dollarization
by Paul Castillo & Juan Pablo Medina - GRU_2021_026 Fiscal Decentralization and Fiscal Multiplier in China
by Fei Guo & Isabel Kit-Ming Yan - GRU_2021_025 Fiscal Multiplier, Monetary Shock and Hand-to-Mouth Household
by Fei Guo & Isabel Kit-Ming Yan & Tao Chen & Chuntien Hu - GRU_2021_024 Is housing still the business cycle? Perhaps not
by Richard K. Green - GRU_2021_023 On Bank Pricing of Single-family Residential Home Loans: Are Australian Households Paying Too Much?
by James D. Shilling & Piyush Tiwari - GRU_2021_022 Does reducing inequality increase cooperation?
by Abhijit Ramalingam & Brock V. Stoddard - GRU_2021_021 Naturally occurring enhancements to competition for talent in teams
by Abhijit Ramalingam & Brock V. Stoddard & James M. Walker - GRU_2021_020 Group Size and Matching Protocol in Contests
by Kyung Hwan Baik & Subhasish M. Chowdhury & Abhijit Ramalingam - GRU_2021_019 Does household borrowing reduce the trade balance? Evidence from developing and developed countries
by Can Xu & Jan Jacobs & Jakob - GRU_2021_018 Income Inequality and House Prices across US States
by Edmond Berisha & John Meszaros & Rangan Gupta - GRU_2021_017 Forecasting Output Growth of Advanced Economies Over Eight Centuries: The Role of Gold Market Volatility as a Proxy of Global Uncertainty
by Afees A. Salisu & Rangan Gupta & Sayar Karmakar & Sonali Das - GRU_2021_016 Fragmentation in the European Monetary Union: Is it really over?
by Bertrand Candelon & Angelo Luisi & Francesco Roccazzella - GRU_2021_015 Wishful Thinking in Macroeconomic Expectations
by King King Li & Bo Huang - GRU_2021_014 International Macroeconomic Aspect of Housing
by Joe Cho Yiu Ng - GRU_2021_013 A theoretical general equilibrium analysis of local teacher labor markets under different compensation regimes
by Muharrem Yesilirmak - GRU_2021_012 Access to transportation, residential segregation, and economic opportunity
by Kuzey Yilmaz & Muharrem Yesilirmak - GRU_2021_011 Housing “Affordability” and Responses During Times of Stress: A Brief Global Review
by Stephen Malpezzi - GRU_2021_010 Accounting for the Decline in Homeownership among the Young
by Yuxi Yao - GRU_2021_009 A Mayor’s Perspective on Tackling Air Pollution
by Shihe Fu & V. Brian Viard - GRU_2021_008 The Effect of Macroeconomic Uncertainty on Housing Returns and Volatility: Evidence from US State-Level Data
by Renee van Eyden & Rangan Gupta & Christophe Andre & Xin Sheng - GRU_2021_007 Financial Conditions, Local Competition, and Local Market Leaders: The Case of Real Estate Developers
by Fan, Ying & Leung, Charles Ka Yui & Yang, Zan - GRU_2021_006 Do Elite Colleges Matter? The Impact on Entrepreneurship Decisions and Career Dynamics
by Naijia Guo & Charles Ka Yui Leung - GRU_2021_005 The Dynamics of the House Price-to-Income Ratio: Theory and Evidence
by Charles Ka Yui Leung & Edward Chi Ho Tang - GRU_2021_004 How did the asset markets change after the Global Financial Crisis?
by Kuang-Liang Chang & Charles Ka Yui Leung - GRU_2021_003 What goes around comes around: How large are spillbacks from US monetary policy?
by Max Breitenlechner & Georgios Georgiadis & Ben Schumann - GRU_2021_002 What Do Happiness Data Mean? Theory and Survey Evidence
by Daniel J. Benjamin & Jakina Debnam Guzman & Marc Fleurbaey & Ori Heffetz & Miles Kimball - GRU_2021_001 Is the Monetary Policy Effect Different for Bank Lending to Households and Firms?
by Youngjin Yun & Byoungsoo Cho
2020
- GRU_2020_032 Inflation Anchoring and Growth: The Role of Credit Constraints
by Sangyup Choi & Davide Furceri & Prakash Loungani & Myungkyu Shim - GRU_2020_031 The Evolution of Offshore Renminbi Trading: 2016 to 2019
by Yin-Wong Cheung & Louisa Grimm & Frank Westermann - GRU_2020_030 Liquidity of China government bond market: Measures and Driving Forces
by Gaofeng Han & Hui Miao & Yabin Wang - GRU_2020_029 U.S. monetary policy uncertainty and RMB deviations from covered interest parity
by Zhitao Lin & Xingwang Qian - GRU_2020_028 The Effect of the China Connect
by Chang Ma & John Rogers & Sili Zhou - GRU_2020_027 Reserve Accumulation and Firm Investment: Evidence from Matched Bank–Firm Data
by Woo Jin Choi & Ju Hyun Pyun & Youngjin Yun - GRU_2020_026 Reconsidering Risk Aversion
by Daniel J. Benjamin & Mark Alan Fontana & Miles Kimball - GRU_2020_025 International Fiscal-financial Spillovers: The Effect of Fiscal Shocks on Cross-border Bank Lending
by Sangyup Choi & Davide Furceri & Chansik Yoon - GRU_2020_024 A Decade of RMB Internationalization
by Yin-Wong Cheung - GRU_2020_023 Industrial parks and urban growth: A political economy story in China
by Matthew E. Kahn & Jianfeng Wu & Weizeng Sun & Siqi Zheng - GRU_2020_022 Pension Funds and Private Equity Real Estate: History, Performance, Pathologies, Risks
by Timothy J. Riddiough - GRU_2020_021 Pandemic Shocks and Household Spending
by David Finck & Peter Tillmann - GRU_2020_020 Speculate a Lot
by Edward C. H. Tang - GRU_2020_019 Design Your Trustworthiness
by Sen Geng & Menglong Guan - GRU_2020_018 Land and Macroeconomics
by Prasad Sankar Bhattacharya - GRU_2020_017 Residential Location and Education in the United States
by Eric A. Hanushek & Kuzey Yilmaz - GRU_2020_016 The Housing Conundrum in India
by Piyush Tiwari & Jyoti Rao - GRU_2020_015 Heterogenous Gains from Countercyclical Fiscal Policy: New Evidence from International Industry-level Data
by Sangyup Choi & Davide Furceri & João Tovar Jalles - GRU_2020_014 From the Regional Economy to the Macroeconomy
by Santiago Pinto & Pierre-Daniel G. Sarte - GRU_2020_013 Reserves and Risk: Evidence from China
by Rasmus Fatum & Takahiro Hattori & Yohei Yamamoto - GRU_2020_012 Banking for the Public Good: Access to Credit and the Nonprofit Sector
by G. Nathan Dong - GRU_2020_011 The Dynamics of Non-Performing Loans during Banking Crises: A New Database
by Anil Ari & Sophia Chen & Lev Ratnovski - GRU_2020_010 Provincial interdependence and China’s “irrational” outward foreign direct investment
by Mengheng Liu & Xingwang Qian - GRU_2020_009 High Order Openness
by Jean Imbs & Laurent L. Pauwels - GRU_2020_008 Toward a Macroprudential Regulatory Framework for Mutual Funds
by Christos Argyropoulos & Bertrand Candelon & Jean-Baptiste Hasse & Ekaterini Panopoulou - GRU_2020_007 Policy Uncertainty and Foreign Direct Investment
by Sangyup Choi & Davide Furceri & Chansik Yoon - GRU_2020_006 Bank Lending Standards, Loan Demand, and the Macroeconomy: Evidence from the Korean Bank Loan Other Survey
by Sangyup Choi - GRU_2020_005 Do Elite Colleges Matter? The Impact of Elite College Attendance on Entrepreneurship Decisions and Career Dynamics
by Naijia Guo & Charles Ka Yui Leung - GRU_2020_004 Uncovered Interest Rate Parity Redux: Non- Uniform Effects
by Yin-Wong Cheung & Wenhao Wang - GRU_2020_003 The Bank of Japan as a Real Estate Tycoon: Large-Scale REIT Purchases
by Takahiro Hattori & Jiro Yoshida - GRU_2020_002 Labor Market Dynamics under Technology Shocks: The Role of Subsistence Consumption
by Sangyup Choi & Myungkyu Shim - GRU_2020_001 Real Estate Market and Consumption: Macro and Micro Evidence of Japan
by Kazuo Ogawa
2019
- GRU_2019_031 When education policy and housing policy interact: can they correct for the externalities?
by Yifan Gong & Charles Ka Yui Leung - GRU_2019_030 Predicting mid-life capital formation with pre-school delay of gratification and life-course measures of self-regulation
by Dan Benjamin & David Laibson & Walter Mischel & Philip K. Peake & Yuichi Shoda & Alexandra Steiny Wellsjo & Nicole L. Wilson - GRU_2019_029 Self-reported wellbeing indicators are a valuable complement to traditional economic indicators but aren’t yet ready to compete with them
by Dan Benjamin & Kristen Cooper & Ori Heffetz & Miles Kimball - GRU_2019_028 Post-Crisis Changes in the Pattern of Capital Flows - The Case of Korea
by Youngjin Yun - GRU_2019_027 China's Monetary Policy and the Loan Market: How Strong is the Credit Channel in China?
by Max Breitenlechner & Riikka Nuutilainen - GRU_2019_026 Who Is Successful in Foreign Exchange Margin Trading? New Survey Evidence from Japan
by Bernd Hayo & Ken Iwatsubo - GRU_2019_025 Safe U.S. Assets and U.S. Capital Flows
by Charles Engel - GRU_2019_024 Forecasting crude oil prices with DSGE models
by Michał Rubaszek - GRU_2019_023 Identification and Estimation of Forward-looking Behavior: The Case of Consumer Stockpiling
by Andrew T. Ching & Matthew Osborne - GRU_2019_022 The Role of Global and Domestic Shocks for Inflation Dynamics: Evidence from Asia
by David Finck & Peter Tillmann - GRU_2019_021 Dominant-currency pricing and the global output spillovers from US dollar appreciation
by Georgios Georgiadis & Ben Schumann - GRU_2019_020 Uncertainty, Financial Markets, and Monetary Policy over the Last Century
by Sangyup Choi & Chansik Yoon - GRU_2019_019 Accumulation of foreign currency reserves and risk-taking
by Rasmus Fatum & James Yetman - GRU_2019_018 Belt and Road Initiative and Chinese Firms’ Outward Foreign Direct Investment
by Shu Yu & Xingwang Qian & Taoxiong Liu - GRU_2019_017 International Bank Lending Channel of Monetary Policy
by Silvia Albrizio & Sangyup Choi & Davide Furceri & Chansik Yoon - GRU_2019_016 Facing the Quadrilemma: Taylor Rules, Intervention Policy and Capital Controls in Large Emerging Markets
by Fernando Chertman & Michael Hutchison & David Zink - GRU_2019_015 The risk-taking channel of international financial flows
by Pietro Cova & Filippo Natoli - GRU_2019_014 On the Effects of the ECB’s Funding Policies on Bank Lending and the Demand for the Euro as an International Reserve
by Heather D. Gibson & Stephen G. Hall & Pavlos Petroulas & George S. Tavlas - GRU_2019_013 R* and the Global Economy
by Reuven Glick - GRU_2019_012 What do we know about Housing Supply? The case of Hong Kong
by Charles Ka Yui Leung & Joe Cho Yiu Ng & Edward Chi Ho TANG - GRU_2019_011 Geographic spread of currency trading: The renminbi and other EM currencies
by Yin-Wong Cheung & Robert N McCauley & Chang Shu - GRU_2019_010 A Tale of Two Surplus Countries: China and Germany
by Yin-Wong Cheung & Sven Steinkamp & Frank Westermann - GRU_2019_009 Monetary policy spillovers, capital controls and exchange rate flexibility, and the financial channel of exchange rates
by Georgios Georgiadis & Feng Zhu - GRU_2019_008 Equilibrium real exchange rate estimates across time and space
by Christoph Fischer - GRU_2019_007 The Hoarding of International Reserves: It’s a neighborly day in Asia
by Yin-Wong Cheung & XingWang Qian & Eli Remolona - GRU_2019_006 Negative Interest Rate Policy and the Influence of Macroeconomic News on Yields
by Rasmus Fatum & Naoko Hara & Yohei Yamamoto - GRU_2019_005 Credit and Fiscal Multipliers in China
by Sophia Chen & Lev Ratnovski & Pi-Han Tsai - GRU_2019_004 The Interest Rate Effect on Private Saving: Alternative Perspectives
by Joshua Aizenman & Ying-Wong Cheung & Hiro Ito - GRU_2019_003 The role of internally financed capex in rising Chinese corporate debts
by Guonan Ma & Jinzhao Chen - GRU_2019_002 Choice with Limited Capacity
by Sen Geng & Erkut Y. Ozbay - GRU_2019_001 Global financial interconnectedness: A non-linear assessment of the uncertainty channel
by Bertrand Candelon & Laurent Ferrara & Marc Joëts
2018
- GRU_2018_026 Can Consumption Growth in China Keep Up As Investment Slows?
by Mali Chivakul & Bernhard Kassner - GRU_2018_025 Exchange rate forecasting on a napkin
by Michele Ca' Zorzi & Michal Rubaszek - GRU_2018_024 Does a Big Bazooka Matter? Central Bank Balance-Sheet Policies and Exchange Rates
by Luca Dedola & Georgios Georgiadis & Johannes Gräb & Arnaud Mehl - GRU_2018_023 Errors in Probabilistic Reasoning and Judgment Biases
by Daniel J. Benjamin - GRU_2018_022 Belief Error and Non-Bayesian Social Learning: An Experimental Evidence
by Bogaçhan Çelen & Sen Geng & Huihui Li - GRU_2018_021 Beggar Thy Neighbor or Beggar Thy Domestic Firms? Evidence from 2000-2011 Chinese Customs Data
by Rasmus Fatum & Runjuan Liu & Jiadong Tong & Jiayun Xu - GRU_2018_019 Funding Shocks through Cross-border Banking in Asia A Network-based Approach
by Estelle Xue Liu & Zijun Liu - GRU_2018_018 Equity and Efficiency in the Organization of Firms
by Tanjim Hossain & Elizabeth Lyons & Aloysius Siow - GRU_2018_017 Segregating socioeconomic classes leads to an unequal redistribution of wealth
by Riccardo Pansini & Marco Campenni & Lei Shi - GRU_2018_016 Macro Aspects of Housing
by Charles Ka Yui Leung & Joe Cho Yiu Ng - GRU_2018_015 Commute Time and Labor Supply
by Sumit Agarwal & Elvira Sojli & Wing Wah Tham - GRU_2018_014 Biased Beliefs About Random Samples: Evidence from Two Integrated Experiments
by Daniel J. Benjamin & Don A. Moore & Matthew Rabin - GRU_2018_013 A mixture autoregressive model based on Student’s t–distribution
by Mika Meitz & Daniel Preve & Pentti Saikkonen - GRU_2018_012 Reaching Up and Reaching Out: The Impact of Competition on Firms’ Productivity and Export Decisions
by Eric Osei Opoku & Isabel K. M. Yan & Kate Hydes - GRU_2018_011 The Market for Talent: Competition for Resources and Self- Governance in Teams
by Abhijit Ramalingam & Brock V. Stoddard & James M. Walker - GRU_2018_010 The RMB Central Parity Formation Mechanism: August 2015 to December 2016
by Yin-Wong Cheung & Cho-Hoi Hui & Andrew Tsang - GRU_2018_009 ECB vs Bundesbank: Diverging Tones and Policy Effectiveness
by Peter Tillmann & Andreas Walter - GRU_2018_008 Debauchery and Original Sin: The Currency Composition of Sovereign Debt
by Charles Engel & Jungjae Park - GRU_2018_007 Reserve Accumulation and Bank Lending: Evidence from Korea
by Youngjin Yun - GRU_2018_006 Learning about Term Structure Predictability under Uncertainty
by Shuo Cao - GRU_2018_005 Systemic crisis and growth revisited: Has the global financial crisis marked a new era
by Sven Steinkamp & Frank Westermann - GRU_2018_004 Monetary Policy Uncertainty and the Response of the Yield Curve to Policy Shocks
by Peter Tillmann - GRU_2018_003 Precaution Versus Mercantilism: Reserve Accumulation, Capital Controls, and the Real Exchange Rate
by Woojin Choi & Alan M. Taylor - GRU_2018_002 Sudden stops inside and outside the euro area - what a difference TARGET2 makes
by Lena Kraus & Juergen Beier & Bernhard Herz - GRU_2018_001 The politics of the globalization backlash: Sources and implications
by Jeffry Frieden
2017
- GRU_2017_019 Liquidity in FX spot and forward markets
by Ingomar Krohn & Vladyslav Sushko - GRU_2017_018 Risk and Return in High-Frequency Trading
by Matthew Baron & Björn Hagströmer & Andrei Kirilenko - GRU_2017_017 Business Cycle Synchronisation in a Currency Union: Taking Stock of the Evidence
by Nauro F. Campos & Jarko Fidrmuc & Iikka Korhonen - GRU_2017_016 Uncertainty and sequential outward foreign direct investment
by Xingwang Qian & Jianhong Qi - GRU_2017_015 Global Financial Integration, Real Estate Security Returns and Financial Crisis
by Yiyi Dong & Charles Ka Yui Leung - GRU_2017_014 Regional Business Cycle Synchronization in Emerging and Developing Countries: Regional or Global Integration? Trade or Financial Integration?
by Chi Gong & Soyoung Kim - GRU_2017_013 The Term Structure of Exchange Rate Predictability: Commonality, Scapegoat, and Disagreement
by Shuo Cao & Huichou Huang & Ruirui Liu & Ronald MacDonald - GRU_2017_012 Effects of Capital Flow on the Equity and Housing Markets in Hong Kong
by Yin-Wong Cheung & Kenneth K. Chow & Matthew S. Yiu - GRU_2017_011 Real Exchange Rate Convergence: The Roles of Price Stickiness and Monetary Policy
by Charles Engel - GRU_2017_010 A Rebalancing Chinese Economy: Drivers and Challenges
by Guonan Ma & Ivan Roberts & Gerard Kelly - GRU_2017_009 Real Exchange Rates and Sectoral Productivity in the Eurozone
by Martin Berka & Michael B. Devereux & Charles Engel - GRU_2017_008 Financial Globalisation, Monetary Policy Spillovers and Macro-modelling: Tales from 1001 Shocks
by Georgios Georgiadis & Martina Jancokova - GRU_2017_007 The Exchange Rate Effects of Macro News after the Global Financial Crisis
by Yin-Wong Cheung & Rasmus Fatum & Yohei Yamamoto - GRU_2017_006 Local linkages: The interdependence of foreign and domestic firms
by Kate Hynes & Yum K. Kwan & Anthony Foley - GRU_2017_005 International financial flows and the risk-taking channel
by Pietro Cova & Filippo Natoli - GRU_2017_004 Remittance Inflows and State-Dependent Monetary Policy Transmission in Developing Countries
by Immaculate Machasio & Peter Tillmann - GRU_2017_003 Currency Wars? Unconventional Monetary Policy Does Not Stimulate Exports
by Andrew K. Rose - GRU_2017_002 Measures of Global Uncertainty and Carry-Trade Excess Returns
by Kimberly A. Berg & Nelson Mark - GRU_2017_001 Flipping in the Housing Market
by Charles Ka Yui Leung & Chung-Yi Tse
Undated
- GRU_2016_027 Do Oil Endowment and Productivity Matter for Accumulation of International Reserves?
by Rasmus Fatum & Guozhong Zhu & Wenjie Hui - GRU_2016_026 Multilateral loans and interest rates: further evidence on the seniority conundrum
by Sven Steinkamp & Frank Westermann - GRU_2016_025 Effects of monetary and macroprudential policies – evidence from inflation targeting economies in the Asia-Pacific region and potential implications for China
by Soyoung Kim & Aaron Mehrotra - GRU_2016_024 Quantities and Prices in China’s Monetary Policy Transmission From Window Guidance to Interbank Rates
by Naoyuki Yoshino & Stefan Angrick - GRU_2016_023 Currency Co-Movements In Asia-Pacific: The Regional Role Of The Renminbi
by Daniela Marconi - GRU_2016_022 The effectiveness of monetary policy in China: Evidence from a Qual VAR
by Hongyi Chen & Kenneth Chow & Peter Tillmann - GRU_2016_021 Securities Market Regulation and Private Equity Placements in China
by G. Nathan Dong & Ming Gu & Hua He - GRU_2016_020 China’s debt challenge: stylised facts, drivers and policy implications
by Guonan Ma & James Laurenceson - GRU_2016_019 What account for the differences in rent-price ratio and turnover rate? A search-and-matching approach
by Daisy J. Huang & Charles Ka Yui Leung & Chung-Yi Tse - GRU_2016_018 Is the Renminbi a safe haven?
by Rasmas Fatum & Yohei Yamamoto & Guozhong Zhu - GRU_2016_017 Does Government Intervention Affect Banking Globalization?
by Anya Kleymenova & Andrew K. Rose & Tomasz Wieladek - GRU_2016_016 Currency Unions and Trade: A Post‐EMU Reassessment
by Reuven Glick & Andrew K. Rose - GRU_2016_015 Like Me, Buy Me: The Effect of Soft Power on Exports
by Andrew K. Rose - GRU_2016_014 Tapering Talk on Twitter and the Transmission to Emerging Economies
by Peter Tillmann - GRU_2016_013 China’s Bilateral Currency Swap Lines
by Zhitao Lin & Wenjie Zhan & Yin-Wong Cheung - GRU_2016_012 International Reserves, External Debt Maturity, and the Reinforcement Effect for Financial Stability
by Xingwang Qian & Andreas Steiner - GRU_2016_011 Can The Chinese Bond Market Facilitate A Globalizing Renminbi?
by Guonan Ma & Wang Yao - GRU_2016_010 Demographics and Aggregate Household Saving in Japan, China, and India
by Chadwick C. Curtis & Steven Lugauer & Nelson Mark - GRU_2016_009 China’s Capital Flight: Pre- and Post-Crisis Experiences
by Yin-Wong Cheung & Sven Steinkamp & Frank Westermann - GRU_2016_008 Reserve requirements and the bank lending channel in China
by Zuzana Fungacova & Riikka Nuutilainen & Laurent Weill - GRU_2016_007 Monetary policy transmission in China: A DSGE model with parallel shadow banking and interest rate control
by Michael Funke & Petar Mihaylovski & Haibin Zhu - GRU_2016_006 Regulatory arbitrage and window-dressing in the shadow banking activities: evidence from China’s Wealth Management Products
by Jinghan Cai & Alicia Garcia-Herrero & Le Xia - GRU_2016_005 Exchange Market Pressure in OECD and Emerging Economies: Domestic vs. External Factors and Capital Flows in the Old and New Normal
by Joshua Aizenman & Mahir Binici - GRU_2016_004 Beggar Thy Neighbor or Beggar Thy Domestic Firms? Evidence from 2000-2011 Chinese Customs Data
by Rasmas Fatum & Runjuan Liu & Jiadong Tong & Jiayun Xu - GRU_2016_003 A varying coefficient approach to estimating hedonic housing price functions and their quantiles
by Alan T. K. Wan & Shangyu Xie & Yong Zhou - GRU_2016_002 FDI Technology Spillovers, Geography, and Spatial Diffusion
by Mi Lin & Yum K. Kwan - GRU_2016_001 Linear programming-based estimators in nonnegative autoregression
by Daniel Preve