Printed from https://ideas.repec.org/s/bis/biswps6.html
Content
2010
- 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 - 220 Financial globalisation, governance and the evolution of the home bias
by Bong-Chan Kho & René M Stulz & Francis E Warnock - 219 Democracy and globalisation
by Barry Eichengreen & David Leblang - 218 The euro as a reserve currency: a challenge to the pre-eminence of the US dollar?
by Gabriele Galati & Philip D. Wooldridge - 217 Estimation of Asian effective exchange rates: a technical note
by San Sau Fung & Marc Klau & Guonan Ma & Robert N. McCauley - 216 Monetary and prudential policies at a crossroads? New challenges in the new century
by Claudio E. V. Borio - 215 Devaluations, output and the balance sheet effect: a structural econometric analysis
by Camilo E Tovar - 214 The pricing of portfolio credit risk
by Nikola A. Tarashev & Haibin Zhu - 213 Risk in financial reporting: status, challenges and suggested directions
by Claudio E. V. Borio & Kostas Tsatsaronis - 212 Risk and liquidity in a system context
by Hyun Song Shin - 211 Do accounting changes affect the economic behaviour of financial firms?
by Anne Beatty - 210 Institution-specific value
by Ken Peasnell - 209 Fair value accounting for financial instruments: some implications for bank regulation
by Wayne Landsman - 208 Including estimates of the future in today's financial statements
by Mary Barth - 207 The price impact of rating announcements: which announcements matter?
by Marian Micu & Eli M Remolona & Philip D. Wooldridge - 206 Dynamic prudential regulation: Is prompt corrective action optimal?
by Ilhyock Shim - 205 Is price stability enough?
by William R. White - 204 Monetary policy regimes and macroeconomic outcomes: Hong Kong and Singapore
by Petra Gerlach-Kristen & Stefan Gerlach - 203 Macro factors in the term structure of credit spreads
by Maurizio Luisi & Jeffery D. Amato - 202 Time-varying exchange rate pass-through: experiences of some industrial countries
by Toshitaka Sekine - 201 Central banks, governments and the European monetary unification process
by Alexandre Lamfalussy - 200 The future of central bank cooperation
by Beth A Simmons - 199 Architects of stability? International cooperation among financial supervisors
by Ethan B Kapstein - 198 Almost a century of central bank cooperation
by Richard N Cooper - 197 One hundred and thirty years of central bank cooperation: a BIS perspective
by Claudio E. V. Borio & Gianni Toniolo - 196 The evolving inflation process: an overview
by Gabriele Galati & William R. Melick - 195 Interpreting Euro area inflation at high and low frequencies
by Stefan Gerlach & Katrin Assenmacher-Wesche - 194 Output gaps and inflation in Mainland China
by Stefan Gerlach & Wensheng Peng - 193 Procyclicality in the financial system: do we need a new macrofinancial stabilisation framework?
by William R. White
2005
- 192 The mechanics of devaluations and the output response in a DSGE model: how relevant is the balance sheet effect?
by Camilo E Tovar - 191 Explaining the level of credit spreads: option-implied jump risk premia in a firm value model
by Martijn Cremers & Joost Driessen & Pascal Maenhout & David Weinbaum - 190 The pricing of unexpected credit losses
by Jeffery D. Amato & Eli M Remolona - 189 Beyond current policy frameworks
by Charles A E Goodhart - 188 Japan's deflation, problems in the financial system and monetary policy
by Naohiko Baba & Shinichi Nishioka & Nobuyuki Oda & Masaaki Shirakawa & Kazuo Ueda & Hiroshi Ugai - 187 External shocks, transmission mechanisms and deflation in Asia
by Hans Genberg - 186 Deflation in a historical perspective
by Michael Bordo & Andrew Filardo - 185 Has the inflation process changed?
by Stephen Cecchetti & Guy Debelle - 184 A nonparametric analysis of the shape dynamics of the US personal income distribution: 1962-2000
by Feng Zhu - 183 The fragility of the Phillips curve: A bumpy ride in the frequency domain
by Feng Zhu - 182 Revisiting recent productivity developments across OECD countries
by Bruno Tissot & Les Skoczylas - 181 Explaining credit default swap spreads with equity volatility and jump risks of individual firms
by Haibin Zhu & Benjamin Yibin Zhang & Hao Zhou - 180 Accounting, prudential regulation and financial stability: elements of a synthesis
by Claudio E. V. Borio & Kostas Tsatsaronis - 179 An empirical evaluation of structural credit risk models
by Nikola A. Tarashev - 178 Research on exchange rates and monetary policy: an overview
by Jeffery D. Amato & Andrew Filardo & Gabriele Galati & Goetz von Peter & Feng Zhu - 177 Forbearance and prompt corrective action
by Ilhyock Shim & Narayana Kocherlakota - 176 Debt-deflation: concepts and a stylised model
by Goetz von Peter - 175 Commercial property prices and bank performance
by E. Philip Davis & Haibin Zhu - 174 How does fiscal policy affect monetary policy in emerging market countries?
by Edda Zoli - 173 Measuring default risk premia from default swap rates and EDFs
by Antje Berndt & Rohan Douglas & Darrell Duffie & Mark Ferguson & David Schranz - 172 The effectiveness of foreign exchange intervention in emerging market countries: evidence from the Czech koruna
by Gabriele Galati & Piti Disyatat - 171 The role of the natural rate of interest in monetary policy
by Jeffery D. Amato - 170 A model of the IMF as a coinsurance arrangement
by Ralph Chami & Sunil Sharma & Ilhyock Shim - 169 Current account adjustment and capital flows
by Gabriele Galati & Guy Debelle - 168 Inflation targeting, asset prices and financial imbalances: conceptualizing the debate
by Piti Disyatat
2004
- 167 Asset prices and banking distress: a macroeconomic approach
by Goetz von Peter - 166 Are speculative attacks triggered by sunspots? A new test
by Nikola A. Tarashev - 165 Stress-testing financial systems: an overview of current methodologies
by Marco Sorge - 164 Did investors regard real estate as 'safe' during the 'Japanese Bubble' in the 1980s?
by Serdat Dinc & Patrick M. McGuire - 163 CDO rating methodology: Some thoughts on model risk and its implications
by Ingo Fender & John Kiff - 162 Recent fiscal policy in selected industrial countries
by David E. Lebow - 161 The monetisation of Japan's government debt
by David E. Lebow - 160 An empirical comparison of credit spreads between the bond market and the credit default swap market
by Haibin Zhu - 159 The term structure of credit spreads in project finance
by Marco Sorge & Blaise Gadanecz - 158 Market distress and vanishing liquidity: anatomy and policy options
by Claudio E. V. Borio - 157 Securing sustainable price stability: should credit come back from the wilderness?
by Claudio E. V. Borio & Philip Lowe - 156 Deposit Insurance and Bank Intermediation in the Long Run
by Robert Cull & Lemma Senbet & Marco Sorge - 155 Monetary policy and asset price bubbles: calibrating the monetary policy trade-offs
by Andrew Filardo - 154 Monetary and real shocks, the business cycle and the value of the euro
by Renato Filosa - 153 Macroeconomic implications of rising household debt
by Guy Debelle - 152 Back to the future? Assessing the deflation record
by Andrew Filardo & Claudio E. V. Borio - 151 Bank ties and bond market access: evidence on investment-cash flow sensitivity in Japan
by Patrick M. McGuire - 150 Bank lending and commercial property cycles: some cross-country evidence
by E. Philip Davis & Haibin Zhu - 149 Monetary policy rules in emerging market economies: issues and evidence
by M. S. Mohanty & Marc Klau - 148 The 2001 US recession: what did recession prediction models tell us?
by Andrew Filardo - 147 Whither monetary and financial stability? the implications of evolving policy regimes
by William R. White & Claudio E. V. Borio - 146 Consumer credit scoring: do situational circumstances matter?
by Robert B. Avery & Paul S. Calem & Glenn B. Canner - 145 Are changes in financial structure extending safety nets?
by William R. White
2003
- 144 Transparency versus constructive ambiguity in foreign exchange intervention
by Priscilla Chiu - 143 The Balassa-Samuelson effect in central Europe: a disaggregated analysis
by Dubravko Mihaljek & Marc Klau - 142 Three episodes of financial fragility in Norway since the 1890s
by Karsten R. Gerdrup - 141 Financial strains and the zero lower bound: the Japanese experience
by Mitsuhiro Fukao - 140 Asset prices, financial imbalances and monetary policy: are inflation targets enough?
by Charles Bean - 139 External constraints on monetary policy and the financial accelerator
by Mark Gertler & Simon Gilchrist & Fabio M. Natalucci - 138 Public and private information in monetary policy models
by Hyun Song Shin & Jeffery D. Amato - 137 The Great Depression as a credit boom gone wrong
by Barry Eichengreen & Kris Mitchener - 136 The price level, relative prices and economic stability: aspects of the interwar debate
by David Laidler - 135 Currency Crises and the Informational Role of Interest Rates
by Nikola A. Tarashev - 134 The cost of barriers to entry: evidence from the market for corporate euro bond underwriting
by João A. C. Santos & Kostas Tsatsaronis - 133 How good is the BankScope database? A cross-validation exercise with correction factors for market concentration measures
by Kaushik Bhattacharya - 132 Developing country economic structure and the pricing of syndicated credits
by Yener Altunbas & Blaise Gadanecz - 131 Optimal supervisory policies and depositor-preference laws
by Henri Pagès & João A. C. Santos - 130 Living with flexible exchange rates: issues and recent experience in inflation targeting emerging market economies
by Corrinne Ho & Robert N. McCauley - 129 Are credit ratings procyclical?
by C. H. Furfine & Jeffery D. Amato - 128 Towards a macroprudential framework for financial supervision and regulation?
by Claudio E. V. Borio - 127 A tale of two perspectives: old or new challenges for monetary policy?
by Claudio E. V. Borio & Wiliam English & Andrew Filardo - 126 A survey of cyclical effects in credit risk measurement model
by Linda Allen & Anthony Saunders - 125 The institutional memory hypothesis and the procyclicality of bank lending behaviour
by Allen N. Berger & Gregory F. Udell - 124 Credit constraints, financial liberalisation and twin crises
by Haibin Zhu - 123 Communication and monetary policy
by Jeffery D. Amato & Hyun Song Shin & Stephen Morris - 122 Positive feedback trading under stress: Evidence from the US Treasury securities market
by Benjamin H. Cohen & Hyun Song Shin
2002
- 121 Implications of habit formation for optimal monetary policy
by Jeffery D. Amato & Thomas Laubach - 120 Changes in market functioning and central bank policy: an overview of the issues
by Marvin J. Barth & Philip D. Wooldridge & Eli M Remolona - 119 A VAR analysis of the effects of monetary policy in East Asia
by Ben S.C. Fung - 118 Should banks be diversified? Evidence from individual bank loan portfolios
by Iftekhar Hasan & Anthony Saunders & Viral V. Acharya - 117 Internal ratings, the business cycle and capital requirements: some evidence from an emerging market economy
by Philip Lowe & Miguel A. Segoviano - 116 Credit risk measurement and procyclicality
by Philip Lowe - 115 China's asset management corporations
by Guonan Ma & Ben S.C. Fung - 114 Asset prices, financial and monetary stability: exploring the nexus
by Philip Lowe & Claudio Borio - 113 The link between default and recovery rates: effects on the procyclicality of regulatory capital ratios
by Edward I. Altman & Andrea Resti & Andrea Sironi - 112 Determinants of international bank lending to emerging market countries
by Serge Jeanneau & Marian Micu - 111 Output trends and Okun's law
by Gert Schnabel - 110 A survey of the institutional and operational aspects of modern-day currency boards
by Corrinne Ho