Content
2018
- 732 Bank runs, prudential tools and social welfare in a global game general equilibrium model
by Ikeda Daisuke - 731 The international transmission of monetary policy
by Claudia Buch & Matthieu Bussiere & Linda Goldberg & Robert Hills - 730 Uncertainty and economic activity: a multi-country perspective
by Ambrogio Cesa-Bianchi & M Hashem Pesaran & Alessandro Rebucci - 729 The macroeconomic determinants of migration
by John Lewis & Matt Swannell - 728 Competition for retail deposits between commercial banks and non-bank operators: a two-sided platform analysis
by Paolo Siciliani - 727 Concerted efforts? Monetary policy and macro-prudential tools
by Andrea Ferrero & Richard Harrison & Ben Nelson - 726 Multiplex network analysis of the UK OTC derivatives market
by Marco Bardoscia & Ginestra Bianconi & Gerardo Ferrara - 725 Central bank digital currencies - design principles and balance sheet implications
by Michael Kumhof & Clare Noone - 724 Broadening narrow money: monetary policy with a central bank digital currency
by Jack Meaning & Ben Dyson & James Barker & Emily Clayton - 723 Predictive regressions under asymmetric loss: factor augmentation and model selection
by Matei Demetrescu & Sinem Hacioglu Hoke - 722 Uncertainty matters: evidence from close elections
by Chris Redl - 721 A new approach for detecting shifts in forecast accuracy
by Ching-Wai (Jeremy) Chiu & simon hayes & george kapetanios & Konstantinos Theodoridis - 720 The distributional impact of monetary policy easing in the UK between 2008 and 2014
by Philip Bunn & Alice Pugh & Chris Yeates - 719 The impact of the Bank of England’s Corporate Bond Purchase Scheme on yield spreads
by Lena Boneva & Calebe de Roure & Ben Morley - 718 Monetary policy spillovers in the first age of financial globalisation: a narrative VAR approach 1884–1913
by Georgina Green - 717 Business investment, cost of capital and uncertainty in the United Kingdom — evidence from firm-level analysis
by Marko Melolinna & Srdan Tatomir & Helen Miller - 716 DSGE-based priors for BVARs and quasi-Bayesian DSGE estimation
by Thomai Filippeli & Richard Harrison & Konstantinos Theodoridis - 715 Capital regulation and product market outcomes
by Ishita Sen & David Humphry - 714 Growing pension deficits and the expenditure decisions of UK companies
by Philip Bunn & Pawel Smietanka & Paul Mizen - 713 Down payment and mortgage rates: evidence from equity loans
by Matteo Benetton & Philippe Bracke & Nicola Garbarino - 712 Rethinking financial stability
by David Aikman & Andrew Haldane & Marc Hinterschweiger & Sujit Kapadia - 711 Judgement Day: algorithmic trading around the Swiss franc cap removal
by Francis Breedon & Louisa Chen & Angelo Ranaldo & Nicholas Vause - 710 An elusive panacea? The impact of the regulatory valuation regime on insurers' investment behaviour
by Caterina Lepore & Misa Tanaka & David Humphry & Kallol Sen - 709 Overnight index swap market-based measures of monetary policy expectations
by Simon Lloyd - 708 Mortgages: estimating default correlation and forecasting default risk
by Tobias Neumann - 707 Bank liquidity and the cost of debt
by Sam Miller & Rhiannon Sowerbutts - 706 Climate change and the macro-economy: a critical review
by Sandra Batten - 705 Unconventional monetary policy and the portfolio choice of international mutual funds
by Gino Cenedese & Ilaf Elard - 704 News and narratives in financial systems: exploiting big data for systemic risk assessment
by Rickard Nyman & Sujit Kapadia & David Tuckett & David Gregory & Paul Ormerod & Robert Smith
2017
- 703 A tiger by the tail: estimating the UK mortgage market vulnerabilities from loan-level data
by Chiranjit Chakraborty & Mariana Gimpelewicz & Arzu Uluc - 702 Monetary and macroprudential policies under rules and discretion
by Lien Laureys & Roland Meeks - 701 Demographic trends and the real interest rate
by Noëmie Lisack & Rana Sajedi & Gregory Thwaites - 700 Volatility in equity markets and monetary policy rate uncertainty
by Iryna Kaminska & Matt Roberts-Sklar - 699 A UK financial conditions index using targeted data reduction: forecasting and structural identification
by George Kapetanios & Simon Price & Garry Young - 698 Liquidity holdings, diversification, and aggregate shocks
by Matthieu Chavaz - 697 A financial stress index for the United Kingdom
by Somnath Chatterjee & Jeremy Chiu & Sinem Hacioglu-Hoke & Thibaut Duprey - 696 An interdisciplinary model for macroeconomics
by Andrew haldane & Arthur Turrell - 695 The impact of uncertainty shocks in the United Kingdom
by Chris Redl - 694 Alternative finance and credit sector reforms: the case of China
by Noëmie Lisack - 693 Financial shocks, credit spreads and the international credit channel
by Ambrogio Cesa Bianchi & Andrej Sokol - 692 Do macro shocks matter for equities?
by Will Dison & Konstantinos Theodoridis - 691 The Bank of England as lender of last resort: new historical evidence from daily transactional data
by Mike Anson & David Bholat & Miao Kang & Ryland Thomas - 690 The leverage ratio and liquidity in the gilt and repo markets
by Andreea Bicu & Louisa Chen & David Elliott - 689 Spatial models of heterogeneous switching costs
by Paolo Siciliani & Walter Beckert - 688 Sending firm messages: text mining letters from PRA supervisors to banks and building societies they regulate
by David Bholat & James Brookes & Chris Cai & Katy Grundy & Jakob Lund - 687 The October 2016 sterling flash episode: when liquidity disappeared from one of the world’s most liquid markets
by Joseph Noss & Lucas Pedace & Ondrej Tobek & Oliver Linton & Liam Crowley-Reidy - 686 Staff Working Paper No. 686: Eight centuries of the risk-free rate: bond market reversals from the Venetians to the ‘VaR shock’
by Paul Schmelzing - 685 Investor behaviour and reaching for yield: evidence from the sterling corporate bond market
by Robert Czech & Matt Roberts-Sklar - 684 Cross-border effects of regulatory spillovers: evidence from Mexico
by Jagdish Tripathy - 683 Common correlated effect cross-sectional dependence corrections for non-linear conditional mean panel models
by Sinem Hacioglu Hoke & George Kapetanios - 682 The international transmission of monetary policy through financial centres: evidence from the United Kingdom and Hong Kong
by Robert Hills & Kelvin Ho & Dennis Reinhardt & Rhiannon Sowerbutts & Eric Wong & Gabriel Wu - 681 Solvency and wholesale funding cost interactions at UK banks
by Kieran Dent & Sinem Hacioglu Hoke & Apostolos Panagiotopoulos - 680 International credit supply shocks
by Ambrogio Cesa-Bianchi & Andrea Ferrero & Alessandro Rebucci - 679 Home values and firm behaviour
by Saleem Bahaj & Angus Foulis & Gabor Pinter - 678 Optimal quantitative easing
by Richard Harrison - 677 A time varying parameter structural model of the UK economy
by Katerina Petrova & George Kapetanios & Riccardo Masolo & Matthew Waldron - 676 The impact of de-tiering in the United Kingdom’s large-value payment system
by Evangelos Benos & Gerardo Ferrara & Pedro Gurrola-Perez - 675 Competition and prudential regulation
by Paul Fisher & Paul Grout - 674 Machine learning at central banks
by Chiranjit Chakraborty & Andreas Joseph - 673 Borderline: judging the adequacy of return distribution estimation techniques in initial margin models
by Melanie Houllier & David Murphy - 672 Central bank information and the effects of monetary shocks
by Paul Hubert - 671 Bank capital and risk-taking: evidence from misconduct provisions
by Belinda Tracey & Christian Schnittker & Rhiannon Sowerbutts - 670 The economics of distributed ledger technology for securities settlement
by Evangelos Benos & Rodney Garratt & Pedro Gurrola-Perez - 669 Central counterparty auction design
by Gerardo Ferrara & Xin Li - 668 An exorbitant privilege in the first age of international financial integration
by Carlos Eduardo van Hombeeck - 667 Matching efficiency and labour market heterogeneity in the United Kingdom
by Carlo Pizzinelli & Bradley Speigner - 666 Step away from the zero lower bound: small open economies in a world of secular stagnation
by Giancarlo Corsetti & Eleonora Mavroeidi & Gregory Thwaites & Martin Wolf - 665 Staff Working Paper No. 665: Dealer intermediation, market liquidity and the impact of regulatory reform
by Yuliya Baranova & Zijun Liu & Tamarah Shakir - 664 The impact of Solvency II regulations on life insurers’ investment behaviour
by Graeme Douglas & Joseph Noss & Nicholas Vause - 663 The economic cost of capital: a VECM approach for estimating and testing the banking sector's response to changes in capital ratios
by sebastian De-Ramon & Michael Straughan - 662 The decline of solvency contagion risk
by Marco Bardoscia & Paolo Barucca & Adam Brinley Codd & John Hill - 661 Labour market adjustment in Europe during the crisis: microeconomic evidence from the Wage Dynamics Network survey
by Mario Izquierdo & Juan Jimeno & Theodora Kosma & Ana Lamo & Stephen Millard & Tairi Room & Eliana Viviano - 660 Forecasting multidimensional tail risk at short and long horizons
by Arnold Polanski & Evarist Stoja - 659 Down in the slumps: the role of credit in five decades of recessions
by Jonathan Bridges & Christopher Jackson & Daisy McGregor - 658 The determinants of UK credit union failure
by Jamie Coen & William Francis & May Rostom - 657 The transmission of monetary policy shocks
by Silvia Miranda-Agrippino & Giovanni Ricco - 656 The role of foreign banks in trade
by Stijn Claessens & Omar Hassib & Neeltje van Horen - 655 Multi yield curve stress-testing framework incorporating temporal and cross tenor structural dependencies
by Emmanouil Karimalis & Ioannis Kosmidis & Gareth Peters - 654 Uncertain forward guidance
by Alex Haberis & Richard Harrison & Matthew Waldron - 653 The calm policymaker
by John Barrdear - 652 An overview of the UK banking sector since the Basel Accord: insights from a new regulatory database
by Sebastian de Ramon & William Francis & Kristoffer Milonas - 651 Did pre-crisis mortgage lending limit post-crisis corporate lending? Evidence from UK bank balance sheets
by Lu Zhang & Arzu Uluc & Dirk Bezemer - 650 The effect of house prices on household borrowing: a new approach
by James Cloyne & Kilian Huber & Ethan Ilzetzki & Henrik Kleven - 649 Bubbly equilibria with credit misallocation
by Jagdish Tripathy - 648 Central bank sentiment and policy expectations
by Paul Hubert & Fabien Labondance - 647 Accounting discretion, market discipline and bank behaviour: some insights from fair value accounting
by Regis Bouther & Bill Francis - 646 What drives business investment in the United Kingdom? Results from a firm-level VAR approach
by Marko Melolinna - 645 The consumption response to positive and negative income changes
by Philip Bunn & Jeanne Le Roux & Kate Reinold & Paolo Surico - 644 Foreign booms, domestic busts: the global dimension of banking crises
by Ambrogio Cesa-Bianchi & Fernando Eguren-Martin & Gregory Thwaites - 643 Market liquidity, closeout procedures and initial margin for CCPs
by Fernando Cerezetti & Anannit Sumawong & Emmanouil Karimalis & Ujwal Shreyas - 642 Identifying contagion in a banking network
by Alan Morrison & Michalis Vasios & Mungo Wilson & Filip Zikes - 641 Scalable games: modelling games of incomplete information
by Peter Eccles & Nora Wegner - 640 A discrete choice model for large heterogeneous panels with interactive fixed effects with an application to the determinants of corporate bond issuance
by Lena Boneva & Oliver Linton - 639 Specialisation in mortgage risk under Basel II
by Peter Eckley & Matteo Benetton & Georgia Latsi & Nicola Garbarino & Liam Kirwin
2016
- 638 Does partisan conflict impact the cash holdings of firms? A sign restrictions approach
by William Hankins & Chak Cheng & Jeremy Chiu & Anna-Leigh Stone - 637 Systematic tail risk
by Richard Harris & Evarist Stoja & Linh Nguyen - 636 Assessing vulnerabilities to financial shocks in some key global economies
by Rachel Lukasz & Jack Fisher - 635 Bank capital requirements and balance sheet management practices: has the relationship changed after the crisis?
by Sebastian J A de-Ramon & William Francis & Qun Harris - 634 Nonlinearities of mortgage spreads over the business cycles
by Chak Hung Jack Cheng & Ching-Wai (Jeremy) Chiu - 633 Adaptive learning and labour market dynamics
by Frederico Di Pace & Kaushik Mitra & Shoujian Zhang - 631 Measuring competition in the UK deposit-taking sector
by Sebastian J A de-Ramon & Michael Straughan - 630 History dependence in the housing market
by Philippe Bracke & Silvana Tenreyro - 629 Political borders and bank lending in post-crisis America
by Matthieu Chavaz & Andrew Rose - 628 Fiscal consolidation in a low inflation environment: pay cuts versus lost jobs
by Guilherme Bandiera & Evi Pappa & Rana Sajedi & Eugenia Vella - 627 Deflation probability and the scope for monetary loosening in the United Kingdom
by Alex Haberis & Riccardo Masolo & Kate Reinold - 626 Unsurprising shocks: information, premia, and the monetary transmission
by Silvia Miranda-Agrippino - 625 The levels of application of prudential requirements: a comparative perspective
by Samuel McPhilemy & Rory Vaughan - 624 QE: The Story so far
by Andrew Haldane & Matt Roberts-Sklar & Tomasz Wieladek & Chris Young - 623 Labour market frictions, monetary policy and durable goods
by Frederico Di Pace & Matthias Hertweck - 622 Interpreting the latent dynamic factors by threshold FAVAR model
by Sinem Hacioglu & Kerem Tuzcuoglu - 621 The time value of housing: historical evidence on discount rates
by Philippe Bracke & Edward Pinchbeck & James Wyatt - 620 Fiscal consequences of structural reform under constrained monetary policy
by Rana Sajedi - 619 Macroprudential policy in an agent-based model of the UK housing market
by Rafa Baptista & J. Doyne Farmer & Marc Hinterschweiger & Katie Low & Daniel Tang & Arzu Uluc - 618 Overseas unspanned factors and domestic bond returns
by Andrew Meldrum & Marek Raczko & Peter Spencer - 617 Dis-integrating credit markets: diversification, securitization, and lending in a recovery
by Matthieu Chavaz - 616 The macroeconomic shock with the highest price of risk
by Gabor Pinter - 615 Monetary policy transmission in an open economy: new data and evidence from the United Kingdom
by Ambrogio Cesa-Bianchi & Gregory Thwaites & Alejandro Vicondoa - 614 A dynamic model of financial balances for the United Kingdom
by Stephen Burgess & Oliver Burrows & Antoine Godin & Stephen Kinsella & Stephen Millard - 613 The theory of unconventional monetary policy
by Roger Farmer & Pawel Zabczyk - 612 Finance and Synchronization
by Ambrogio Cesa-Bianchi & Jean Imbs & Jumana Saleheen - 611 Macroeconomic tail events with non-linear Bayesian VARs
by Ching-Wai (Jeremy) Chiu & Sinem Hacioglu Hoke - 610 Monetary versus macroprudential policies causal impacts of interest rates and credit controls in the era of the UK Radcliffe Report
by David Aikman & Oliver Bush & Alan Davis - 609 The role of collateral in supporting liquidity
by Yuliya Baranova & Zijun Liu & Joseph Noss - 608 Financial market volatility, macroeconomic fundamentals and investor sentiment
by Ching-Wai (Jeremy) Chiu & Richard Harris & Evarist Stoja & Michael Chin - 607 Contagion, spillover and interdependence
by Roberto Rigobon - 606 Risk shocks close to the zero lower bound
by Martin Seneca - 605 The macroeconomics of central bank issued digital currencies
by John Barrdear & Michael Kumhof - 604 Accounting in central banks
by David Bholat & Robin Darbyshire - 603 Let’s talk about the weather: the impact of climate change on central banks
by Sandra Batten, & Rhiannon Sowerbutts & Misa Tanaka - 602 Do we need a stable funding ratio? Banks’ funding in the global financial crisis
by Antoine Lallour & Hitoshi Mio - 601 Robustness of subgame perfect implementation
by Peter Eccles & Nora Wegner - 600 Liquidity determinants in the UK gilt market
by Evangelos Benos & Filip Zikes - 599 Macroprudential regulation, credit spreads and the role of monetary policy
by William Tayler & Roy Zilberman - 598 Peer-to-peer lending and financial innovation in the United Kingdom - Ulrich Atz and David Bholat
by Ulrich Atz & David Bholat - 597 A comparative analysis of tools to limit the procyclicality of initial margin requirements
by David Murphy & Michalis Vasios & Nicholas Vause - 596 The dynamic Black-Litterman approach to asset allocation
by Richard D F Harris & Evarist Stoja & Linzhi Tan - 595 Cross-border regulatory spillovers: How much? How important? What sectors? Lessons from the United Kingdom
by Robert Hills & Dennis Reinhardt & Rhiannon Sowerbutts & Tomasz Wieladek - 594 Non-performing loans: regulatory and accounting treatments of assets
by David Bholat & Rosa Lastra & Sheri Markose & Andrea Miglionico & Kallol Sen - 593 What determines how banks respond to changes in capital requirements?
by Saleem Bahaj & Jonathan Bridges & Frederic Malherbe & Cian O’Neill - 592 An agent-based model of dynamics in corporate bond trading
by Karen Braun-Munzinger & Zijun Liu & Arthur Turrell - 591 Risk premia and seasonality in commodity futures
by Constantino Hevia & Ivan Petrella & Martin Sola - 590 Pass-through of bank funding costs to lending and deposit rates: lessons from the financial crisis
by Rashmi Harimohan & Michael McLeay & Garry Young - 589 Monetary policy when households have debt: new evidence on the transmission mechanism
by James Cloyne & Clodomiro Ferreira & Paolo Surico - 588 Monetary policy and volatility in the sterling money market
by Matthew Osborne - 587 Tracking the slowdown in long-run GDP growth
by Juan Antolin-Diaz & Thomas Drechsel & Ivan Petrella - 586 Systemic illiquidity in the interbank network
by Gerardo Ferrara & Sam Langfield & Zijun Liu & Tomohiro Ota - 585 Output gaps, inflation and financial cycles in the United Kingdom
by Marko Melolinna & Máté Tóth - 584 Macroprudential policy under uncertainty
by Saleem Bahaj & Angus Foulis - 583 A Bayesian VAR benchmark for COMPASS
by Sílvia Domit & Francesca Monti & Andrej Sokol - 582 How does labour market structure affect the response of economies to shocks?
by Aurelijus Dabusinskas & Istvan Konya & Stephen Millard - 581 Policy and macro signals as inputs to inflation expectation formation
by Paul Hubert & Becky Maule - 580 Centralized trading, transparency and interest rate swap market liquidity: evidence from the implementation of the Dodd-Frank Act
by Evangelos Benos & Richard Payne & Michalis Vasios - 579 What can Big Data tell us about the passthrough of big exchange rate changes?
by John Lewis - 578 The varying coefficient Bayesian panel VAR model
by Tomasz Wieladek - 577 Adaptive models and heavy tails
by Ivan Petrella & Davide Delle Monache
2015
- 576 A global factor in variance risk premia and local bond pricing
by Iryna Kaminska & Matt Roberts-Sklar - 575 Long-run priors for term structure models
by Andrew Meldrum & Matt Roberts-Sklar - 574 The impact of immigration on occupational wages: evidence from Britain
by Stephen Nickell & Jumana Saleheen - 573 The real effects of capital requirements and monetary policy: evidence from the United Kingdom
by Filippo De Marco & Tomasz Wieladek - 572 Capital requirements, risk shifting and the mortgage market
by Arzu Uluc & Tomasz Wieladek - 571 Secular drivers of the global real interest rate
by Lukasz Rachel & Thomas Smith - 570 Does easing monetary policy increase financial instability?
by Ambrogio Cesa-Bianchi & Alessandro Rebucci - 569 House prices and job losses
by Gabor Pinter - 568 Firms’ adjustment during 2010–13: evidence from the Wage Dynamics Survey
by Stephen Millard & Srdan Tatomir - 567 A new approach to multi-step forecasting using dynamic stochastic general equilibrium models
by George Kapetanious & Simon Price & Konstantinos Theodoridis - 566 The Great Recession and the UK labour market
by Stephen Millard - 565 Ambiguity, monetary policy and trend inflation
by Riccardo Masolo & Francesca Monti - 564 Why are real interest rates so low? Secular stagnation and the relative price of investment goods
by Gregory Thwaites - 563 Extreme risk interdependence
by Arnold Polanski & Evarist Stoja - 562 International banking and liquidity risk transmission: lessons from the United Kingdom
by Robert Hills & John Hooley & Yevgeniya Korniyenko & Tomasz Wieladek - 561 Threshold-based forward guidance: hedging the zero bound
by Lena Boneva & Richard Harrison & Matt Waldron - 560 Mortgage debt and entrepreneurship
by Philippe Bracke & Christian Hilber & Olmo Silva - 559 Stabilising house prices: the role of housing futures trading
by Arzu Uluc - 558 Bankers' pay and excessive risk
by John Thanassoulis & Misa Tanaka - 557 The banks that said no: banking relationships, credit supply and productivity in the United Kingdom
by Jeremy Franklin & May Rostom & Gregory Thwaites - 556 A sectoral framework for analyzing money, credit and unconventional monetary policy
by James Cloyne & Ryland Thomas & Alex Tuckett & Samuel Wills - 555 ‘High and dry’: the liquidity and credit of colonial and foreign government debt in the London Stock Exchange (1880–1910)
by Matthieu Chavaz & Marc Flandreau - 554 Household debt and spending in the United Kingdom
by Philip Bunn & May Rostom - 553 Some Unpleasant Properties of Loglinearized Solutions When the Nominal Rate is Zero
by R Anton Braun & Lena Koerber & Yuichiro Waki - 552 Volatility contagion: new evidence from market pricing of volatility risk
by Marek Raczko - 551 The informational content of market-based measures of inflation expectations derived from govenment bonds and inflation swaps in the United Kingdom
by Zhuoshi Liu & Elisabetta Vangelista & Iryna Kaminska & Jon Relleen - 550 Dynamic term structure models: the best way to enforce the zero lower bound in the United States
by Martin M Andreasen & Andrew Meldrum - 549 How much do investors pay for houses?
by Philippe Bracke - 548 A heterogeneous agent model for assessing the effects of capital regulation on the interbank money market under a corridor system
by Christopher Jackson & Joseph Noss - 547 Extreme downside risk and financial crises
by Richard D. F. Harris & Linh H Nguyen & Evarist Stoja - 546 Regulatory arbitrage in action: evidence from banking flows and macroprudential policy
by Dennis Reinhardt & Rhiannon Sowerbutts - 545 Into the light: dark pool trading and intraday market quality on the primary exchange
by James Brugler - 544 Exchange rate regimes and current account adjustment: an empirical investigation
by Fernando Eguren-Martin - 543 Interest rates, debt and intertemporal allocation: evidence from notched mortgage contracts in the United Kingdom
by Michael Carlos Best & James Cloyne & Ethan Ilzetzki & Henrik Jacobsen Kleven - 542 Unconventional monetary policies and the macroeconomy: the impact of the United Kingdom's QE2 and Funding for Lending Scheme
by Rohan Churm & Mike Joyce & George Kapetanios & Konstantinos Theodoridis - 541 Market beliefs about the UK monetary policy life-off horizon: a no-arbitrage shadow rate term structure model approach
by Martin M Andreasen & Andrew Meldrum - 540 The rate elasticity of retail deposits in the United Kingdom: a macroeconomic investigation
by Ching-Wai (Jeremy) Chiu & John Hill - 539 Bank leverage, credit traps and credit policies
by Angus Foulis & Benjamin Nelson & Misa Tanaka - 538 Evaluating UK point and density forecasts from an estimated DSGE model: the role of off-model information over the financial crisis
by Nicholas Fawcett & Lena Koerber & Riccardo Masolo & Matthew Waldron - 537 What do stock markets tell us about exchange rates?
by Gino Cenedese & Richard Payne & Lucio Sarno & Giorgio Valente - 536 The impact of liquidity regulation on banks
by Ryan Banerjee & Hitoshi Mio - 535 Export dynamics since the Great Trade Collapse: a cross-country analysis
by John Lewis & Selien De Schryder - 534 What moves international stock and bond markets?
by Gino Cenedese & Enrico Mallucci