Content
2005
- 276 Corporate expenditures and pension contributions: evidence from UK company accounts
by Philip Bunn & Kamakshya Trivedi - 275 Wealth and consumption: an assessment of the international evidence
by Vincent Labhard & Gabriel Sterne & Chris Young - 274 The substitution of bank for non-bank corporate finance: evidence for the United Kingdom
by Ursel Baumann & Glenn Hoggarth & Darren Pain - 273 'Real-world' mortgages, consumption volatility and the low inflation environment
by Sebastian Barnes & Gregory Thwaites - 272 What caused the early millennium slowdown? Evidence based on vector autoregressions
by Gert Peersman - 271 Consumption, house prices and expectations
by Orazio Attanasio & Laura Blow & Robert Hamilton & Andrew Leicester - 270 A model of bank capital, lending and the macroeconomy: Basel I versus Basel II
by Lea Zicchino - 269 Accounting for the source of exchange rate movements: new evidence
by Katie Farrant & Gert Peersman - 268 Forecasting using Bayesian and information theoretic model averaging: an application to UK inflation
by George Kapetanios & Vincent Labhard & Simon Price - 267 Bank loans versus bond finance: implications for sovereign debtors
by Misa Tanaka - 266 The determinants of household debt and balance sheets in the United Kingdom
by Merxe Tudela & Garry Young - 265 Asset pricing, asymmetric information and rating announcements: does benchmarking on ratings matter?
by Spyros Pagratis - 264 Liquidity risk and contagion
by Rodrigo Cifuentes & Gianluigi Ferrucci & Hyun Song Shin - 263 The determinants of unsecured borrowing: evidence from the British Household Panel Survey
by Ana Del-Río & Garry Young - 262 The impact of unsecured debt on financial distress among British households
by Ana Del-Río & Garry Young - 261 Default probabilities and expected recovery: an analysis of emerging market sovereign bonds
by Liz Dixon-Smith & Roman Goossens & Simon Hayes - 260 Financial constraints and capacity adjustment in the United Kingdom: evidence from a large panel of survey data
by Ulf von Kalckreuth & Emma Murphy - 259 Productivity growth in UK industries, 1970-2000: structural change and the role of ICT
by Nicholas Oulton & Sylaja Srinivasan - 258 Estimating UK capital adjustment costs
by Charlotta Groth - 257 The role of ICT in the global investment cycle
by Michael McMahon & Gabriel Sterne & Jamie Thompson - 256 Comovements in the prices of securities issued by large complex financial institutions
by Christian Hawkesby & Ian W Marsh & Ibrahim Stevens - 255 Learning the rules of the new game? Comparing the reactions in financial markets to announcements before and after the Bank of England's operational independence
by Ana Lasaosa - 254 On the consumption-real exchange rate anomaly
by Gianluca Benigno & Christoph Thoenissen - 253 Decomposing credit spreads
by Rohan Churm & Nikolaos Panigirtzoglou - 252 Real-Time Gross Settlement and hybrid payment systems: a comparison
by Matthew Willison - 251 The stock market and capital accumulation: an application to UK data
by Demetrios Eliades & Olaf Weeken - 250 Asset price based estimates of sterling exchange rate risk premia
by Jan J J Groen & Ravi Balakrishnan - 249 Optimal collective action clause thresholds
by Andrew G Haldane & Adrian Penalver & Victoria Saporta & Hyun Song Shin - 248 Concepts of equilibrium exchange rates
by Rebecca L Driver & Peter F Westaway - 247 The exposure of international bank loans to third-country risk: an empirical analysis of overdue claims
by Drew Dahl & Andrew Logan - 246 Competitiveness, inflation, and monetary policy
by Hashmat Khan & Richhild Moessner
2004
- 245 Horizontal and vertical integration in securities trading and settlement
by Jens Tapking & Jing Yang - 244 Long-horizon equity return predictability: some new evidence for the United Kingdom
by Anne Vila Wetherilt & Simon Wells - 243 Long-term interest rates, wealth and consumption
by Roy Cromb & Emilio Fernandez-Corugedo - 242 Core inflation: a critical guide
by Alan Mankikar & Jo Paisley - 241 Anticipation of monetary policy in UK financial markets
by Peter Lildholdt & Anne Vila Wetherilt - 240 Price-setting behaviour, competition, and mark-up shocks in the New Keynesian model
by Hashmat Khan - 239 From tiny samples do mighty populations grow? Using the British Household Panel Survey to analyse the household sector balance sheet
by Victoria Redwood & Merxe Tudela - 238 Estimating time-variation in measurement error from data revisions; an application to forecasting in dynamic models
by George Kapetanios & Tony Yates - 237 Forecasting with measurement errors in dynamic models
by Richard Harrison & George Kapetanios & Tony Yates - 236 The effects of stock market movements on consumption and investment: does the shock matter?
by Stephen Millard & John Power - 235 Rule-based monetary policy under central bank learning
by Kosuke Aoki & Kalin Nikolov - 234 Intertemporal substitution and household production in labour supply
by Guillermo Felices & David Tinsley - 233 The efficient resolution of capital account crises: how to avoid moral hazard
by Gregor Irwin & David Vines - 232 Evolving post-World War II UK economic performance
by Luca Benati - 231 Real exchange rate persistence and systematic monetary policy behaviour
by Jan J J Groen & Akito Matsumoto - 230 Financial interlinkages in the United Kingdom's interbank market and the risk of contagion
by Simon Wells - 229 On the resolution of banking crises: theory and evidence
by Glenn Hoggarth & Jack Reidhill & Peter Sinclair - 228 The UK labour force participation rate: business cycle and trend influences
by Mark Schweitzer & David Tinsley - 227 The Phillips curve under state-dependent pricing
by Hasan Bakhshi & Hashmat Khan & Barbara Rudolf - 226 Corporate capital structure in the United Kingdom: determinants and adjustment
by Philip Bunn & Garry Young - 225 Exploring the relationship between credit spreads and default probabilities
by Mark J Manning - 224 The informational content of empirical measures of real interest rate and output gaps for the United Kingdom
by Jens D J Larsen & Jack McKeown - 223 Real exchange rates and the relative prices of non-traded and traded goods: an empirical analysis
by Jan J J Groen & Clare Lombardelli - 222 The roles of expected profitability, Tobin's Q and cash flow in econometric models of company investment
by Stephen Bond & Alexander Klemm & Rain Newton-Smith & Murtaza Syed & Gertjan Vlieghe - 221 Female labour force participation in the United Kingdom: evolving characteristics or changing behaviour?
by Maria Guti'rrez-DomSnech & Brian Bell - 220 Does job insecurity affect household consumption?
by Andrew Benito - 219 Bail out or work out? Theoretical considerations
by Andrew G Haldane & Gregor Irwin & Victoria Saporta - 218 Health, disability insurance and labour force participation
by Brian Bell & James Smith - 217 International financial rescues and debtor-country moral hazard
by Prasanna Gai & Ashley Taylor - 216 IMF lending and creditor moral hazard
by Andrew G Haldane & Jorg Scheibe - 215 How can the IMF catalyse private capital flows? A model
by Adrian Penalver - 214 An empirical model of household arrears
by John Whitley & Richard Windram & Prudence Cox - 213 Investment-specific technological change and growth accounting
by Nicholas Oulton - 212 Crisis spillovers in emerging market economies: interlinkages, vulnerabilities and investor behaviour
by Michael Chui & Simon Hall & Ashley Taylor - 211 An empirical analysis of the dynamic relationship between investment-grade bonds and credit default swaps
by Roberto Blanco & Simon Brennan & Ian W Marsh
2003
- 210 Company accounts based modelling of business failures and the implications for financial stability
by Philip Bunn & Victoria Redwood - 209 Settlement bank behaviour and throughput rules in an RTGS payment system with collateralised intraday credit
by Simon Buckle & Erin Campbell - 208 A matching model of non-employment and wage pressure
by Andrew Brigden & Jonathan Thomas - 207 A quantitative framework for commercial property and its relationship to the analysis of the financial stability of the corporate sector
by John Whitley & Richard Windram - 206 The rise in US household debt: assessing its causes and sustainability
by Sebastian Barnes & Garry Young - 205 Empirical determinants of emerging market economies' sovereign bond spreads
by Gianluigi Ferrucci - 204 The dynamics of consumers' expenditure: the UK consumption ECM redux
by Emilio Fernandez-Corugedo & Simon Price & Andrew Blake - 203 Analytics of sovereign debt restructuring
by Andrew G Haldane & Adrian Penalver & Victoria Saporta & Hyun Song Shin - 202 Credit spreads on sterling corporate bonds and the term structure of UK interest rates
by Jeremy Leake - 201 Debt maturity structure with pre-emptive creditors
by Prasanna Gai & Hyun Song Shin - 200 Estimating real interest rates for the United Kingdom
by Jens Larsen & Ben May & James Talbot - 199 Credit risk diversification: evidence from the eurobond market
by Simone Varotto - 198 Non-interest income and total income stability
by Rosie Smith & Christos Staikouras & Geoffrey Wood - 197 E-barter versus fiat money: will central banks survive?
by F H Capie & Dimitrios P Tsomocos & Geoffrey E Wood - 196 UK business investment: long-run elasticities and short-run dynamics
by Colin Ellis & Simon Price - 195 Forecasting inflation using labour market indicators
by Vincenzo Cassino & Michael Joyce - 194 A Merton-model approach to assessing the default risk of UK public companies
by Merxe Tudela & Garry Young - 193 Implicit interest rates and corporate balance sheets: an analysis using aggregate and disaggregated UK data
by Andrew Benito & John Whitley - 192 Capital stocks, capital services, and depreciation: an integrated framework
by Nicholas Oulton & Sylaja Srinivasan - 191 Endogenous price stickiness, trend inflation, and the New Keynesian Phillips curve
by Hasan Bakhshi & Pablo Burriel-Llombart & Hashmat Khan & Barbara Rudolf - 190 What caused the 2000/01 slowdown? Results from a VAR analysis of G7 GDP components
by Vincent Labhard - 189 Modelling investment when relative prices are trending: theory and evidence for the United Kingdom
by Hasan Bakhshi & Nicholas Oulton & Jamie Thompson - 188 The role of asset prices in transmitting monetary and other shocks
by Stephen P Millard & Simon J Wells - 187 Sovereign debt workouts with the IMF as delegated monitor - a common agency approach
by Prasanna Gai & Nicholas Vause - 186 Ready, willing, and able? Measuring labour availability in the UK
by Mark E Schweitzer - 185 What does economic theory tell us about labour market tightness?
by Andrew Brigden & Jonathan Thomas - 184 The effect of payments standstills on yields and the maturity structure of international debt
by Benjamin Martin & Adrian Penalver - 183 Capital flows to emerging markets
by Adrian Penalver - 182 Import prices and exchange rate pass-through: theory and evidence from the United Kingdom
by Valerie Herzberg & George Kapetanios & Simon Price - 181 Procyclicality and the new Basel Accord - banks' choice of loan rating system
by Eva Catarineu-Rabell & Patricia Jackson & Dimitrios P Tsomocos - 180 The role of expectations in estimates of the NAIRU in the United States and the United Kingdom
by Rebecca L Driver & Jennifer V Greenslade & Richard G Pierse - 179 A Kalman filter approach to estimating the UK NAIRU
by Jennifer V Greenslade & Richard G Pierse & Jumana Saleheen - 178 The impact of price competitiveness on UK producer price behaviour
by Colin Ellis & Simon Price - 177 The provisioning experience of the major UK banks: a small panel investigation
by Darren Pain - 176 Rational expectations and fixed-event forecasts: an application to UK inflation
by Hasan Bakhshi & George Kapetanios & Anthony Yates - 175 Equilibrium analysis, banking, contagion and financial fragility
by Dimitrios P Tsomocos - 174 Money market operations and volatility of UK money market rates
by Anne Vila Wetherilt - 173 Current accounts, net foreign assets and the implications of cyclical factors
by Matthieu Bussiere & Georgios Chortareas & Rebecca L Driver - 172 Public demand for low inflation
by Kenneth Scheve
2002
- 171 Leading indicators of balance-of-payments crises: a partial review
by Michael Chui - 170 Base rate pass-through: evidence from banks' and building societies' retail rates
by Paul Mizen & Boris Hofmann - 169 House prices, consumption, and monetary policy: a financial accelerator approach
by Kosuke Aoki & James Proudman & Gertjan Vlieghe - 168 Financial pressure and balance sheet adjustment by UK firms
by Andrew Benito & Garry Young - 167 The role of short-run inflation targets and forecasts in disinflation
by Lavan Mahadeva & Gabriel Sterne - 166 The role of corporate balance sheets and bank lending policies in a financial accelerator framework
by Simon Hall & Anne Vila Wetherilt - 165 Committees versus individuals: an experimental analysis of monetary policy decision-making
by Clare Lombardelli & James Proudman & James Talbot - 164 Understanding UK inflation: the role of openness
by Ravi Balakrishnan & J David Lopez-Salido - 163 Productivity versus welfare: or, GDP versus Weitzman's NDP
by Nicholas Oulton - 162 Factor utilisation and productivity estimates for the United Kingdom
by Jens Larsen & Katharine Neiss & Fergal Shortall - 161 Regulatory and 'economic' solvency standards for internationally active banks
by Patricia Jackson & William Perraudin & Victoria Saporta - 160 On gross worker flows in the United Kingdom: evidence from the Labour Force Survey
by Brian Bell & James Smith - 159 The implications of an ageing population for the UK economy
by Garry Young - 158 Soft liquidity constraints and precautionary saving
by Emilio Fernandez-Corugedo - 157 Financial liberalisation and consumers' expenditure: 'FLIB' re-examined
by Emilio Fernandez-Corugedo & Simon Price - 156 Equilibrium exchange rates and supply-side performance
by Gianluca Benigno & Christoph Thoenissen - 155 Monetary policy and stagflation in the UK
by Edward Nelson & Kalin Nikolov - 154 A monetary model of factor utilisation
by Katharine S Neiss & Evi Pappa - 153 Do changes in structural factors explain movements in the equilibrium rate of unemployment?
by Vincenzo Cassino & Richard Thornton - 152 How uncertain are the welfare costs of inflation?
by Hasan Bakhshi & Ben Martin & Tony Yates
2001
- 151 Other financial corporations: Cinderella or ugly sister of empirical monetary economics?
by K Alec Chrystal & Paul Mizen - 150 Financial accelerator effects in UK business cycles
by Simon Hall - 149 Monetary policy rules for an open economy
by Nicoletta Batini & Richard Harrison & Stephen P Millard - 148 UK inflation in the 1970s and 1980s: the role of output gap mismeasurement
by Edward Nelson & Kalin Nikolov - 147 Hard Times or Great Expectations?: Dividend omissions and dividend cuts by UK firms
by Andrew Benito & Garry Young - 146 Indicators of fragility in the UK corporate sector
by Gertjan W. Vlieghe - 145 Skill imbalances in the UK labour market: 1979-99
by Pablo Burriel-Llombart & Jonathan Thomas - 144 Costs of banking system instability: some empirical evidence
by Glenn Hoggarth & Ricardo Reis & Victoria Saporta - 143 Does it pay to be transparent? International evidence from central bank forecasts
by Georgios Chortareas & David Stasavage & Gabriel Sterne - 142 Band-pass filtering, cointegration, and business cycle analysis
by Luca Benati - 141 The fallacy of the fiscal theory of the price level, again
by Willem H. Buiter - 140 ICT and productivity growth in the United Kingdom
by Nicholas Oulton - 139 The United Kingdom's small banks' crisis of the early 1990s: what were the leading indicators of failure?
by Andrew Logan - 138 PPP and the real exchange rate-real interest rate differential puzzle revisited: evidence from non-stationary panel data
by Georgios E. Chortareas & Rebecca L. Driver - 137 Leading indicator information in UK equity prices: an assessment of economic tracking portfolios
by Simon Hayes - 136 Crisis costs and debtor discipline: the efficacy of public policy in sovereign debt crises
by Prasanna Gai & Simon Hayes & Hyun Song Shin - 135 Hybrid inflation and price level targeting
by Nicoletta Batini & Anthony Yates - 134 Consumption, money and lending: a joint model for the UK household sector
by K Alec Chrystal & Paul Mizen - 133 Stability of ratings transitions
by Pamela Nickell & William Perraudin & Simone Varotto - 132 Ratings versus equity-based credit risk modelling: an empirical analysis
by Pamela Nickell & William Perraudin & Simone Varotto - 131 The structure of credit risk: spread volatility and ratings transitions
by Rudiger Kiesel & William Perraudin & Alex Taylor - 130 The real interest rate gap as an inflation indicator
by Katharine S. Neiss & Edward Nelson - 129 Investment-specific technological progress in the United Kingdom
by Hasan Bakhshi & Jens Larsen - 128 'Oscillate Wildly': asymmetries and persistence in company-level profitability
by Andrew Benito - 127 Sticky prices and volatile output
by Martin Ellison & Andrew Scott - 126 New estimates of the UK real and nominal yield curves
by Nicola Anderson & John Sleath - 125 Assessing the impact of macroeconomic news announcements on securities prices under different monetary policy regimes
by Andrew Clare & Roger Courtenay
2000
- 124 Age structure and the UK unemployment rate
by Richard Barwell - 123 An analysis of the relationship between international bond markets
by Andrew Clare & Ilias Lekkos - 122 Direct effects of base money on aggregate demand: theory and evidence
by Edward Nelson - 121 Sovereign liquidity crises: analytics and implications for public policy
by Michael Chui & Prasanna Gui & Andrew G Haldane - 120 UK monetary policy 1972-97: a guide using Taylor rules
by Edward Nelson - 119 Optimal horizons for inflation targeting
by Nicoletta Batini & Edward Nelson - 118 How well does a limited participation model of the monetary transmission mechanism match UK data?
by Shamik Dhar & Stephen P Millard - 117 A limited participation model of the monetary transmission mechanism in the United Kingdom
by Shamik Dhar & Stephen P Millard - 116 Persistence and volatility in short-term interest rates
by Nikolaos Panigirtzoglou & James Proudman & John Spicer - 115 Trade credit and the monetary transmission mechanism
by Marion Kohler & Erik Britton & Tony Yates - 114 Testing the stability of implied probability density functions
by Robert R Bliss & Nikolaos Panigirtzoglou - 113 A small structural empirical model of the UK monetary transmission mechanism
by Shamik Dhar & Darren Pain & Ryland Thomas - 112 Inventory investment and cash flow
by Ian Small - 111 Liquidity traps: how to avoid them and how to escape them
by Willem H Buiter & Nikolaos Panigirtzoglou - 110 Imperfect competition and the dynamics of mark-ups
by Erik Britton & Jens D J Larsen & Ian Small - 109 The effects of increased labour market flexibility in the United Kingdom: theory and practice
by Stephen P Millard - 108 The sensitivity of aggregate consumption to human wealth
by Hasan Bakhshi - 107 Must the growth rate decline? Baumol's unbalanced growth revisited
by Nicholas Oulton - 106 Monetary policy surprises and the yield curve
by Andrew G Haldane & Vicky Read
1999
- 105 Caution and gradualism in monetary policy under uncertainty
by Ben Martin - 104 Openness and its association with productivity growth in UK manufacturing industry
by Gavin Cameron & James Proudman & Stephen Redding - 103 Inflation and real disequilibria
by Mark S Astley & Tony Yates - 102 Monetary stabilisation policy in a monetary union: some simple analytics
by Andrew Brigden & Charles Nolan - 101 Monetary policy loss functions: two cheers for the quadratic
by Jagjit Chadha & Philip Schellekens - 100 Money, credit and investment in UK corporate sector
by Andrew Brigden & Paul Mizen - 99 Should uncertain monetary policy-makers do less?
by Ben Martin & Chris Salmon - 98 The non-linear Phillips curve and inflation forecast targeting
by Eric Schaling - 97 To trim or not to trim? An application of a trimmmed mean inflation estimator to the United Kingdom
by Hasan Bakhshi & Tony Yates - 96 Uncertainty and Simple Monetary Policy Rules - An illustration for the United Kingdom
by Simon Hall & Chris Salmon & Tony Yates & Nicoletta Batini - 95 Price formation and transparency on the London Stock Exchange
by Victoria Saporta & Giorgio Trebeschi & Anne Vila - 94 Asset price reactions to RPI announcements
by M A S Joyce & V Read - 93 Business cycles and the labour market can theory fit the facts?
by Stephen Millard & Andrew Scott & Marianne Sensier - 92 Coalition formation in international monetary policy games
by Marion Kohler - 91 Forward-looking rules for monetary policy
by Nicoletta Batini & Andrew G Haldane - 90 Bank capital and risk taking
by Alistair Milne & A Elizabeth Whalley
1998
- 89 Optimal currency areas and customs unions: are they connected?
by Marion Kohler - 88 Incentive schemes for central bankers under uncertainty: inflation targets versus contracts
by Eric Schaling & Marco Hoeberichts & Sylvester Eijffinger - 87 Why has the female unemployment rate fallen so much in Britain?
by Phil Evans - 86 Shoe-leather costs reconsidered
by Jag Chadha & Andrew Haldane & Norbert Janssen - 85 Exchange rates and prices: sources of sterling real exchange rate fluctuations 1973-94
by Mark S Astley & Anthony Garratt - 84 Averaging in a framework of zero reserve requirements: implications for the operation of monetary policy
by Haydn Davies - 83 The demand for M0 in the United Kingdom reconsidered: some specification issues
by Norbert Janssen - 82 Downward nominal rigidity and monetary policy
by Anthony Yates - 81 Are UK inflation expectations rational?
by Hasan Bakhshi & Anthony Yates - 80 Are there downward nominal rigidities in product markets?
by Simon Hall & Anthony Yates - 79 Bank Capital and Value at Risk
by Patricia Jackson & David Maude & William Perraudin