Search Results

Identification of Asset Price Misalignments on Financial Markets With Extreme Value Theory,
Narcisa Kadlcakova, Lubos Komarek, Zlatuse Komarkova and Michal Hlaváček, from Czech National Bank (2013)
Keywords: Cointegration, concurrence of extreme values, Extreme Value Theory, financial market

Networks in labor markets and welfare costs of inflation,
Marcelo Arbex and Dennis O'Dea, from University of Windsor, Department of Economics (2014)
Keywords: Social networks, Labor market frictions, Inflation, Welfare costs of inflation

Inflación en Uruguay en 140 años de historia (1870-2010). Un enfoque monetario,
Conrado Brum, Carolina Román and Henry Willebald, from Instituto de Economía - IECON (2014)
Keywords: inflation, core money, Uruguay

The Effects of Environmental Risk on Consumption: an Empirical Analysis on the Mediterranean Countries,
Donatella Baiardi, Matteo Manera and Mario Menegatti, from Fondazione Eni Enrico Mattei (2014)
Keywords: Consumption, Environmental Risk, Financial Risk, Prudence, Relative Risk Aversion, Relative Preference for the Quality of Environment

Business cycle asymmetries: Loss aversion, sticky prices, and wages,
Wilman Gomez Muñoz, from Universidad del Rosario (2014)

Banks Are Where The Liquidity Is,
Oliver Hart and Luigi Zingales, from National Bureau of Economic Research, Inc (2014)

External Equity Financing Shocks, Financial Flows, and Asset Prices,
Frederico Belo, Xiaoji Lin and Fan Yang, from National Bureau of Economic Research, Inc (2014)

Monetary Policy Surprises, Credit Costs and Economic Activity,
Mark Gertler and Peter Karadi, from National Bureau of Economic Research, Inc (2014)

The Price Impact of Joining a Currency Union: Evidence from Latvia,
Alberto Cavallo, Brent Neiman and Roberto Rigobon, from National Bureau of Economic Research, Inc (2014)

The impact of the Euro area macroeconomy on energy and non-energy global commodity prices,
Monika Papież, Sławomir Śmiech and Marek Dąbrowski, from University Library of Munich, Germany (2014)
Keywords: commodity prices, real economy, financial market, SVAR

Capital Controls and Recovery from the Financial Crisis of the 1930s,
Kris James Mitchener and Kirsten Wandschneider, from National Bureau of Economic Research, Inc (2014)

Consumption, Risk and Prioritarianism,
Matthew Adler and Nicolas Treich, from Toulouse School of Economics (TSE) (2014)
Keywords: Precautionary savings; utilitarianism; prioritarianism; discounting; climate change

The Good, the Bad and the Ugly,
Ludovit Odor, from Council for Budget Responsibility (2014)
Keywords: fiscal rules, Kopits-Symansky criteria, structural budget balances

Transparency and deliberation within the FOMC: A computational linguistics approach,
Stephen Hansen, Michael McMahon and Andrea Prat, from Department of Economics and Business, Universitat Pompeu Fabra (2014)
Keywords: Monetary policy, deliberation, FOMC, transparency, career concerns

Trend Mis-specifications and Estimated Policy Implications in DSGE Models,
Varang Wiriyawit, from Australian National University, College of Business and Economics, School of Economics (2014)

Breaking the Kareken and Wallace Indeterminacy Result,
Timothy Kam, Pedro Gomis-Porqueras and Christopher Waller, from Australian National University, College of Business and Economics, School of Economics (2013)

The impact of foreign banks on monetary policy transmission during the global financial crisis of 2008-2009: Evidence from Korea,
Bang Jeon, Hosung Lim and Ji Wu, from LeBow College of Business, Drexel University (2014)
Keywords: foreign banks; monetary policy transmission; financial crisis

Evaluating Labor Market Targeted Fiscal Policies inHigh Unemployment EZ Countries,
Elton Beqiraj and Massimiliano Tancioni, from Department of Economics and Law, Sapienza University of Roma (2014)
Keywords: wage and hiring subsidies, newly hired workers, search and matching, fi scal multiplier, zero lower bound, Bayesian estimation.

Was the Gibson Paradox for Real? A Wicksellian study of the Relationship between Interest Rates and Prices,
Jagjit Chadha and Morris Perlman, from School of Economics, University of Kent (2014)
Keywords: disability; Gibson's Paradox; Keynes-Wicksell; Prices; Interest Rates

Money demand in Ireland, 1933-2012,
Stefan Gerlach and Rebecca Stuart, from Central Bank of Ireland (2014)
Keywords: Ireland, historical statistics, long time series, money, income, prices.

Money, interest and prices in Ireland, 1933-2012,
Stefan Gerlach and Rebecca Stuart, from Central Bank of Ireland (2014)
Keywords: Ireland, historical statistics, long time series, business cycles, VAR.

Attenuation bias, recall error and the housing wealth effect,
Yvonne McCarthy and Kieran McQuinn, from Central Bank of Ireland (2014)
Keywords: Attenuation Bias, Recall Error, Consumption, House Prices.

Deleveraging in a highly indebted property market: Who does it and are there implications for household consumption?,
Yvonne McCarthy and Kieran McQuinn, from Central Bank of Ireland (2014)
Keywords: Deleveraging, Debt, House Prices, Consumption.

Changes in Bank Leverage: Evidence from US Bank Holding Companies,
Martin O'Brien and Karl Whelan, from Central Bank of Ireland (2014)
Keywords: Bank Leveraging, Bank Holding Companies, Equity Shocks.

Pushing on a string: US monetary policy is less powerful in recessions,
Silvana Tenreyro and Gregory Thwaites, from Centre for Macroeconomics (CFM) (2013)
Keywords: Asymmetric Effects of Monetary Policy, Transmission Mechanism, Recession, Durable Goods, Local Projection Methods

Scotland’s Currency Options,
Angus Armstrong and Monique Ebell, from Centre for Macroeconomics (CFM) (2013)
Keywords: monetary policy

Optimal Unemployment Insurance over the Business Cycle,
Camille Landais, Pascal Michaillat and Emmanuel Saez, from Centre for Macroeconomics (CFM) (2013)
Keywords: Business Cycle, Unemployment Insurance

Did the Job Ladder Fail After the Great Recession?,
Giuseppe Moscariniy and Fabien Postel-Vinay, from Centre for Macroeconomics (CFM) (2013)
Keywords: Employment Reallocation, Job Ladder

The Transmission of Monetary Policy Operations through Redistributions and Durable Purchases,
Vincent Sterk and Silvana Tenreyro, from Centre for Macroeconomics (CFM) (2013)

Mortgages and Monetary Policy,
Carlos Garriga, Finn Kydland and Roman Sustek, from Centre for Macroeconomics (CFM) (2016)
Keywords: Mortgages, Debt Servicing Costs, Monetary Policy, Transmission Mechanism, Housing Investment

Medium and long run prospects for UK growth in the aftermath of the financial crisis,
Nicholas Oulton, from Centre for Macroeconomics (CFM) (2013)
Keywords: Productivity, Potential Output, Growth, Financial, Banking Crisis, Recession

Inventories and the Role of Goods-Market Frictions for Business Cycles,
Wouter Den Haan, from Centre for Macroeconomics (CFM) (2014)
Keywords: Matching Models, Search Frictions, Magnification, Propagation

The Growth Potential of Startups over the Business Cycle,
Petr Sedlacek and Vincent Sterk, from Centre for Macroeconomics (CFM) (2014)
Keywords: Firm Dynamics, Heterogeneous Agents, Maximum Likelihood, DSGE

Gender Gaps and the Rise of the Service Economy,
L. Rachel Ngai and Barbara Petrongolo, from Centre for Macroeconomics (CFM) (2014)
Keywords: Gender Gaps, Structural Transformation, Marketization

Systemic Sovereign Risk: Macroeconomic Implications in the Euro Area,
Saleem Bahaj, from Centre for Macroeconomics (CFM) (2014)
Keywords: High Frequency Identification, Narrative Identification, Contagion, Bayesian VARs, Proxy SVARs, Panel VARs

Productivity Dynamics in the Great Stagnation: Evidence from British businesses,
Rebecca Riley, Chiara Rosazza Bondibene and Garry Young, from Centre for Macroeconomics (CFM) (2014)
Keywords: productivity Growth, Reallocation, Great Recession and Stagnation, credit shock

A procedure for combining zero and sign restrictions in a VAR-identification scheme,
Alex Haberis and Andrej Sokol, from Centre for Macroeconomics (CFM) (2014)

Issues In The Design of Fiscal Policy Rules,
Jonathan Portes and Simon Wren-Lewis, from Centre for Macroeconomics (CFM) (2014)

Migration as a Strategy for Household Finance: A Research Agenda on Remittances, Payments, and Development- Working Paper 354,
Michael Clemens, from Center for Global Development (2014)
Keywords: migration, finance, global development

Why Don't Remittances Appear to Affect Growth? - Working Paper 366,
Michael Clemens, from Center for Global Development (2014)
Keywords: remittances, growth, migration, measurement

Costly Financial Intermediation and Excess Consumption Volatility,
Ayse Sapci, from Department of Economics, Colgate University (2014)
Keywords: Financial intermediation costs; Excess consumption volatility; Housing market; Financial development; Financial shocks

The elasticity of Informality to Taxes and tranfers,
Jorge Alonso-Ortiz and Julio Leal Ordóñez, from Centro de Investigacion Economica, ITAM (2013)
Keywords: Informal Sector, Search, Tax and Transfer Programs, Seguro Popular

Impacts of Immigration on Aging Welfare-State An Applied General Equilibrium Model for France,
Xavier Chojnicki and Lionel Ragot, from University of Paris Nanterre, EconomiX (2014)
Keywords: Migration, AGEM, Overlapping generations, Aging, Public finance, Social protection.

Pollution effects on labor supply and growth,
Stefano Bosi, David Desmarchelier and Lionel Ragot, from University of Paris Nanterre, EconomiX (2014)
Keywords: pollution, endogenous labor supply, Ramsey model.

Assessing the Interest Rate and Bank Lending Channels of ECB Monetary Policies,
Jerome Creel, Paul Hubert and Mathilde Viennot, from Financialisation, Economy, Society & Sustainable Development (FESSUD) Project (2013)
Keywords: Transmission Channels, Unconventional Monetary Policy, Pass-through

Role and impact of different types of financial institutions on economic performance and stability of the real sector in selected EU member states,
Michal Jurek, from Financialisation, Economy, Society & Sustainable Development (FESSUD) Project (2014)
Keywords: financial institutions, financial sector, banking and finance, ownership structure, market concentration, mergers and acquisitions, privatization

Fiscal Stimulus and HouseholdsÕ Non-Durable Consumption Expenditures: Evidence from the 2009 Australian Nation Building and Jobs Plan,
Emma Aisbett, Markus Brueckner, Ralf Steinhauser and Rhett Wilcox, from Crawford School of Public Policy, The Australian National University (2014)

Output Composition of the Monetary Policy Transmission Mechanism: Is Australia Different?,
Tuan Phan, from Crawford School of Public Policy, The Australian National University (2014)

The Determinants of Inflation in Vietnam: VAR and SVAR Approaches,
Tuan Phan, from Crawford School of Public Policy, The Australian National University (2014)

Colonial Origins of the Informal Economy on the Gazelle Peninsula,
John D. Conroy, from Crawford School of Public Policy, The Australian National University (2014)

The Price of Development,
Fadi Hassan, from IIIS (2014)
Keywords: real exchange rate

Catching up with the Joneses and Borrowing Constraints: An Agent-based Analysis of Household Debt,
Nadja König and Ingrid Größl, from University of Hamburg, Department of Socioeconomics (2014)
Keywords: Finance, Consumption, Credit, Agent-based Model, Computational Economics

Gamma discounters are short-termist,
Christian Gollier, from Institut d'Économie Industrielle (IDEI), Toulouse (2014)
Keywords: decreasing discount rates; term structure; uncertain growth; Weitzman-Gollier puzzle

Navigating constraints: the evolution of Federal Reserve monetary policy, 1935-59,
Mark Carlson and David Wheelock, from Federal Reserve Bank of St. Louis (2014)
Keywords: Federal Reserve; monetary policy; reserve requirements; Fed-Treasury Accord; inflation

Productivity and Potential Output Before, During, and After the Great Recession,
John Fernald, from Federal Reserve Bank of San Francisco (2014)
Keywords: Potential output; productivity; information technology; business cycles; multi-sector growth models

Policy Paradoxes in the New Keynesian Model,
Michael Kiley, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Forward guidance; fiscal multipliers; sticky prices; sticky information

An Evaluation of the Inflationary Pressure Associated with Short- and Long-term Unemployment,
Michael Kiley, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Short-term unemployment; Phillips curve

Debt Deflation Effects of Monetary Policy,
Li Lin, Dimitrios Tsomocos and Alexandros Vardoulakis, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Default; collateral; debt deflation

The Risk Channel of Monetary Policy,
Oliver DeGroot, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Financial intermediation; portfolio choice; debt and equity; monetary policy; risk-adjusted steady state

Assessing the Effects of the Zero-Interest-Rate Policy through the Lens of a Regime-Switching DSGE Model,
Han Chen, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Regime switching; zero interest rate policy; unconventional monetary policy

Tips from TIPS: the informational content of Treasury Inflation-Protected Security prices,
Stefania D'Amico, Don H. Kim and Min Wei, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: TIPS; Breakeven; No-arbitrage term structure models; Liquidity; Expected inflation; Inflation risk premium; Survey forecasts; Indexation lag; Deflation floor

Small Price Responses to Large Demand Shocks,
Etienne Gagnon and David Lopez-Salido, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Demand shocks; inflation; sales; labor conflicts; mass population displacement; severe weather events

The Interplay Between Student Loans and Credit Card Debt: Implications for Default in the Great Recession,
Felicia Ionescu and Marius Ionescu, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Default; student loans; credit cards; Great Recession

Idiosyncratic Investment Risk and Business Cycles,
Jonathan Goldberg, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Incomplete markets; idiosyncratic risk; business cycles; equity premiums; risk-free rates

Demand for M2 at the Zero Lower Bound: The Recent U.S. Experience,
Ruth A. Judson, Bernd Schlusche and Vivian Wong, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Money demand; M2; zero lower bound; opportunity cost

Monetary Policy and Real Borrowing Costs at the Zero Lower Bound,
Simon Gilchrist, David Lopez-Salido and Egon Zakrajšek, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Unconventional monetary policy; LSAPs; forward guidance; term premia; corporate bond yields; mortgage interest rates

How the Federal Reserve's Large-Scale Asset Purchases (LSAPs) Influence Mortgage-Backed Securities (MBS) Yields and U.S. Mortgage Rates,
Diana Hancock and Wayne Passmore, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Monetary policy; QE1; QE2; QE3; LSAP; MBS; mortgages

When are the Effects of Fiscal Policy Uncertainty Large?,
Benjamin K. Johannsen, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Fiscal policy; zero lower bound; uncertainty

Term Structure Modeling with Supply Factors and the Federal Reserve's Large Scale Asset Purchase Programs,
Canlin Li and Min Wei, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: No-arbitrage term structure models; Yield curve; Preferred habitat; Supply effects; Factor models; large-scale asset purchases; Agency mortgage-backed securities (MBS)

Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Cross-Country Comparison,
John Rogers, Chiara Scotti and Jonathan Wright, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Large scale asset purchases; quantitative easing; zero bound; term premiums

Bank Ownership, Lending, and Local Economic Performance During the 2008-2010 Financial Crisis,
Nicholas Coleman and Leo Feler, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Credit; financial crises; state-owned banks; local economic activity

Are Long-Term Inflation Expectations Well Anchored in Brazil, Chile and Mexico?,
Michiel De Pooter, Patrice Robitaille, Ian Walker and Michael Zdinak, from Board of Governors of the Federal Reserve System (U.S.) (2014)
Keywords: Inflation targeting; survey expectations; inflation compensation; Nelson-Siegel model; macro news suprises; Brazil; Chile; Mexico

Structural VARs, Deterministic and Stochastic Trends: Does Detrending Matter?,
Varang Wiriyawit and Benjamin Wong, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2014)
Keywords: Structural VAR, Identification, Detrending, Bias

Nowcasting U.S. Headline and Core Inflation,
Edward Knotek and Saeed Zaman, from Federal Reserve Bank of Cleveland (2014)
Keywords: inflation; nowcasting; forecasting; real-time data; professional forecasters; Greenbook

The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates,
Robert Dixon, Guay Lim and Jan van Ours, from Melbourne Institute of Applied Economic and Social Research, The University of Melbourne (2014)
Keywords: Net labour market flows, unemployment rate, participation rate