Content
2016
- 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 - 533 Safe haven currencies: a portfolio perspective
by Gino Cenedese - 532 Towards a New Keynesian theory of the price level
by John Barrdear - 531 The UK productivity puzzle 2008-13: evidence from British businesses
by Rebecca Riley & Chiara Rosazza-Bondibene & Garry Young - 530 Cross-country co-movement in long-term interest rates: a DSGE approach
by Michael Chin & Thomai Filippeli & Konstantinos Theodoridis - 529 Banks are not intermediaries of loanable funds – and why this matters
by Zoltan Jakab & Michael Kumhof - 528 Forecasting with VAR models: fat tails and stochastic volatility
by Ching-Wai (Jeremy) Chiu & Haroon Mumtaz & Gabor Pinter - 527 Can a data-rich environment help identify the sources of model misspecification?
by Francesca Monti - 526 A joint affine model of commodity futures and US Treasury yields
by Michael Chin & Zhuoshi Liu - 525 Filtered historical simulation Value-at-Risk models and their competitors
by Pedro Gurrola-Perez & David Murphy - 524 On a tight leash: does bank organisational structure matter for macroprudential spillovers?
by Piotr Danisewicz & Dennis Reinhardt & Rhiannon Sowerbutts - 523 Interactions among high-frequency traders
by Evangelos Benos & James Brugler & Erik Hjalmarsson & Filip Zikes - 522 Global liquidity, house prices and the macroeconomy: evidence from advanced and emerging economies
by Ambrogio Cesa-Bianchi & Luis Cespedes & Alessandro Rebucci - 521 Do contractionary monetary policy shocks expand shadow banking?
by Benjamin Nelson & Gabor Pinter & Konstantinos Theodoridis - 520 A forecast evaluation of expected equity return measures
by Michael Chin & Christopher Polk
2014
- 519 Long-term unemployment and convexity in the Phillips curve
by Bradley Speigner - 518 Evaluating the robustness of UK term structure decompositions using linear regression methods
by Sheheryar Malik & Andrew Meldrum - 517 Optimal contracts, aggregate risk and the financial accelerator
by Timothy Fuerst & Charles Carlstrom & Matthias Paustian - 516 Mapping the UK interbank system
by Sam Langfield & Zijun Liu & Tomohiro Ota - 515 The Bank of England Credit Conditions Survey
by Venetia Bell & Alice Pugh - 514 Optimal monetary policy in the presence of human capital depreciation during unemployment
by Lien Laureys - 513 Variations in liquidity provision in real-time payment systems
by Edward Denbee & Rodney Garratt & Peter Zimmerman - 512 Policy uncertainty spillovers to emerging markets – evidence from capital flows
by Ludovic Gauvin & Cameron McLoughlin & Dennis Reinhardt - 511 QE and the bank lending channel in the United Kingdom
by Nick Butt & Rohan Churm & Michael McMahon & Arpad Morotz & Jochen Schanz - 510 Institutional investor portfolio allocation, quantitative easing and the global financial crisis
by Michael Joyce & Zhuoshi Liu & Ian Tonks - 509 Exploiting the monthly data flow in structural forecasting
by Domenico Giannone & Francesca Monti & Lucrezia Reichlin - 508 How does credit supply respond to monetary policy and bank minimum capital requirements?
by Shekhar Aiyar & Charles Calomiris & Tomasz Wieladek - 507 Estimating time-varying DSGE models using minimum distance methods
by Liudas Giraitis & George Kapetanios & Konstantinos Theodoridis & Tony Yates - 506 Tailwinds from the East: how has the rising share of imports from emerging markets affected import prices?
by John Lewis & Jumana Saleheen - 505 The cost of human capital depreciation during unemployment
by Lien Laureys - 504 Quantitative easing and bank lending: a panel data approach
by Michael Joyce & Marco Spaltro - 503 Peering into the mist: social learning over an opaque observation network
by John Barrdear - 502 The effect of the financial crisis on TFP growth: a general equilibrium approach
by Stephen Millard & Anamaria Nicolae - 501 UK deposit-taker responses to the financial crisis: what are the lessons?
by William Francis - 500 Modelling the service sector
by Philip King & Stephen Millard - 499 Sectoral shocks and monetary policy in the United Kingdom
by Huw Dixon & Jeremy Franklin & Stephen Millard - 498 The two faces of cross-border banking flows: an investigation into the links between global risk, arms-length funding and internal capital markets
by Dennis Reinhardt & Steven Riddiough - 497 The international transmission of bank capital requirements: evidence from the United Kingdom
by Shekhar Aiyar & Charles Calomiris & John Hooley & Yevgeniya Korniyenko & Tomasz Wieladek - 496 Uncertainty in a model with credit frictions
by Ambrogio Cesa-Bianchi & Emilio Fernandez-Corugedo - 495 The productivity puzzle: a firm-level investigation into employment behaviour and resource allocation over the crisis
by Alina Barnett & Adrian Chiu & Jeremy Franklin & Maria Sebastia-Barriel - 494 Estimating the impact of changes in aggregate bank capital requirements during an upswing
by Joseph Noss & Priscilla Toffano - 493 The macroeconomic effects of monetary policy: a new measure for the United Kingdom
by James Cloyne & Patrick Hürtgen - 492 Generalised density forecast combinations
by Nicholas Fawcett & George Kapetanios & James Mitchell & Simon Price - 491 Household debt and the dynamic effects of income tax changes
by James Cloyne & Paolo Surico - 490 Adaptive forecasting in the presence of recent and ongoing structural change
by Liudas Giraitis & George Kapetanios & Simon Price - 489 Expectations, risk premia and information spanning in dynamic term structure model estimation
by Rodrigo Guimarães - 488 News and labour market dynamics in the data and in matching models
by Konstantinos Theodoridis & Francesco Zanetti - 487 Shadow banks and macroeconomic instability
by Roland Meeks & Benjamin Nelson & Piergiorgio Alessandri - 486 The impact of capital requirements on bank lending
by Jonathan Bridges & David Gregory & Mette Nielsen & Silvia Pezzini & Amar Radia & Marco Spaltro - 485 Identifying channels of credit substitution when bank capital requirements are varied
by Shekhar Aiyar & Charles Calomiris & Tomasz Wieladek - 484 GDP-linked bonds and sovereign default
by David Barr & Oliver Bush & Alex Pienkowski
2013
- 483 Risk news shocks and the business cycle
by Gabor Pinter & Konstantinos Theodoridis & Tony Yates - 482 Has weak lending and activity in the United Kingdom been driven by credit supply shocks?
by Alina Barnett & Ryland Thomas - 481 Likelihood inference in non-linear term structure models: the importance of the lower bound
by Martin Andreasen & Andrew Meldrum - 480 Central counterparties and the topology of clearing networks
by Marco Galbiati & Kimmo Soramaki - 479 Financial factors and the international transmission mechanism
by Abigail Haddow & Mariya Mileva - 478 Capital over the business cycle: renting versus ownership
by Peter Gal & Gabor Pinter - 477 Non-uniform wage-staggering: European evidence and monetary policy implications
by Michel Juillard & Herve Le Bihan & Stephen Millard - 476 Oil shocks and the UK economy: the changing nature of shocks and impact over time
by Stephen Millard & Tamarah Shakir - 475 Policy multipliers under an interest rate peg of deterministic versus stochastic duration
by Chartles Carlstrom & Timothy Fuerst & Matthias Paustian - 474 Not all capital waves are alike: a sector-level examination of surges in FDI inflows
by Dennis Reinhardt & Salvatore Dell'Erba - 473 The pitfalls of speed-limit interest rate rules at the zero lower bound
by Charles Brendon & Matthias Paustian & Tony Yates - 472 International capital flows and development: financial openness matters
by Dennis Reinhardt & Luca Antonio Ricci & Thierry Tressel - 471 The Bank of England's forecasting platform: COMPASS, MAPS, EASE and the suite of models
by Stephen Burgess & Emilio Fernandez-Corugedo & Charlotta Groth & Richard Harrison & Francesca Monti & Konstantinos Theodoridis & Matt Waldron - 470 Long and short-term effects of the financial crisis on labour productivity, capital and output
by Nicholas Oulton & Maria Sebastia-Barriel
2012
- 469 High-frequency trading behaviour and its impact on market quality: evidence from the UK equity market
by Evangelos Benos & Satchit Sagade - 468 Using Shapley’s asymmetric power index to measure banks’ contributions to systemic risk
by Rodney Garratt & Lewis Webber & Matthew Willison - 467 Factor adjustment costs: a structural investigation
by Haroon Mumtaz & Francesco Zanetti - 466 QE and the gilt market: a disaggregated analysis
by Martin Daines & Michael Joyce & Matthew Tong - 465 Size and complexity in model financial systems
by Nimalan Arinaminpathy & Sujit Kapadia & Robert May - 464 International policy spillovers at the zero lower bound
by Alex Haberis & Anna Lipińska - 463 The international transmission of volatility shocks: an empirical analysis
by Haroon Mumtaz & Konstantinos Theodoridis - 462 Reputation, risk-taking and macroprudential policy
by David Aikman & Benjamin Nelson & Misa Tanaka - 461 Labour market institutions and unemployment volatility: evidence from OECD countries
by Renato Faccini & Chiara Rosazza Bondibene - 460 Too big to fail: some empirical evidence on the causes and consequences of public banking interventions in the United Kingdom
by Andrew Rose & Tomasz Wieladek - 459 Inflation and output in New Keynesian models with a transient interest rate peg
by Charles Carlstrom & Timothy Fuerst & Matthias Paustian - 458 A network model of financial system resilience
by Kartik Anand & Prasanna Gai & Sujit Kapadia & Simon Brennan & Matthew Willison - 457 What do sticky and flexible prices tell us?
by Stephen Millard & Tom O'Grady - 456 Liquidity risk, cash-flow constraints and systemic feedbacks
by Sujit Kapadia & Mathias Drehmann & John Elliott & Gabriel Sterne - 455 Estimating probability distributions of future asset prices: empirical transformations from option-implied risk-neutral to real-world density functions
by Rupert de Vincent-Humphreys & Joseph Noss - 454 Fixed interest rates over finite horizons
by Andrew Blake - 453 Neutral technology shocks and employment dynamics: results based on an RBC identification scheme
by Haroon Mumtaz & Francesco Zanetti - 452 Simple banking: profitability and the yield curve
by Piergiorgio Alessandri & Benjamin Nelson - 451 Bank behaviour and risks in CHAPS following the collapse of Lehman Brothers
by Evangelos Benos & Rodney Garratt & Peter zimmerman - 450 Forecasting UK GDP growth, inflation and interest rates under structural change: a comparison of models with time-varying parameters
by Alina Barnett & Haroon Mumtaz & Konstantinos Theodoridis - 449 Misperceptions, heterogeneous expectations and macroeconomic dynamics
by Richard Harrison & Tim Taylor - 448 Non-rational expectations and the transmission mechanism
by Richard Harrison & Tim Taylor - 447 Implicit intraday interest rate in the UK unsecured overnight money market
by Marius Jurgilas & Filip Zikes - 446 The business cycle implications of banks’ maturity transformation
by Martin Andreasen & Marcelo Ferman & Pawel Zabczyk - 445 Does macropru leak? Evidence from a UK policy experiment
by Shekhar Aiyar & Charles W Calomiris & Tomasz Wieladek - 444 Asset purchase policy at the effective lower bound for interest rates
by Richard Harrison - 443 Assessing the economy-wide effects of quantitative easing
by George Kapetanios & Haroon Mumtaz & Ibrahim Stevens & Konstantinos Theodoridis - 442 The impact of QE on the UK economy – some supportive monetarist arithmetic
by Jonathan Bridges & Ryland Thomas
2011
- 441 An estimated DSGE model: explaining variation in term premia
by Martin Andreasen - 440 Time-varying volatility, precautionary saving and monetary policy
by Michael Hatcher - 439 An efficient minimum distance estimator for DSGE models
by Konstantinos Theodoridis - 438 How do individual UK consumer prices behave?
by Philip Bunn & Colin Ellis - 437 Estimating the impact of the volatility of shocks: a structural VAR approach
by Haroon Mumtaz - 436 Systemic capital requirements
by Lewis Webber & Matthew Willison - 435 Preferred-habitat investors and the US term structure of real rates
by Iryna Kaminska & Dimitri Vayanos & Gabriele Zinna - 434 Evolving UK and US macroeconomic dynamics through the lens of a model of deterministic structural change
by George Kapetanios & Tony Yates - 433 The impact of permanent energy price shocks on the UK economy
by Richard Harrison & Ryland Thomas & Iain de Weymarn - 432 An estimated DSGE model of energy, costs and inflation in the United Kingdom
by Stephen Millard - 431 Financial intermediaries in an estimated DSGE model for the United Kingdom
by Stefania Villa & Jing Yang - 430 Identifying risks in emerging market sovereign and corporate bond spreads
by Gabriele Zinna - 429 Domestic financial regulation and external borrowing
by Sergi Lanau - 428 Intraday two-part tariff in payment systems
by Tomohiro Ota - 427 System-wide liquidity risk in the United Kingdom’s large-value payment system: an empirical analysis
by Marcelo Perlin & Jochen Schanz - 426 Labour supply as a buffer: evidence from UK households
by Andrew Benito & Jumana Saleheen - 425 International transmission of shocks: a time-varying factor-augmented VAR approach to the open economy
by Philip Liu & Haroon Mumtaz & Angeliki Theophilopoulou - 424 How did the crisis in international funding markets affect bank lending? Balance sheet evidence from the United Kingdom
by Shekhar Aiyar - 423 Shifts in portfolio preferences of international investors: an application to sovereign wealth funds
by Filipa Sa & Francesca Viani - 422 Understanding the macroeconomic effects of working capital in the United Kingdom
by Emilio Fernandez-Corugedo & Michael McMahon & Stephen Millard & Lukasz Rachel - 421 Global rebalancing: the macroeconomic impact on the United Kingdom
by Alex Haberis & Bojan Markovic & Karen Mayhew & Pawel Zabczyk - 420 Tailwinds and headwinds: how does growth in the BRICs affect inflation in the G7?
by Anna Lipinska & Stephen Millard - 419 A global model of international yield curves: no-arbitrage term structure approach
by Iryna Kaminska & Andrew Meldrum & James Smith - 418 Cyclical risk aversion, precautionary saving and monetary policy
by Bianca De Paoli & Pawel Zabczyk - 417 How non-Gaussian shocks affect risk premia in non-linear DSGE models
by Martin Andreasen - 416 An efficient method of computing higher-order bond price perturbation approximations
by Martin Andreasen & Pawel Zabczyk - 415 The gains from delegation revisited: price-level targeting, speed-limit and interest rate smoothing policies
by Andy Blake & Tatiana Kirsanova & Tony Yates - 414 A Bayesian approach to optimal monetary policy with parameter and model uncertainty
by Timothy Cogley & Bianca de Paoli & Christian Matthes & Kalin Nikolov & Tony Yates - 413 Mapping systemic risk in the international banking network
by Rodney Garratt & Lavan Mahadeva & Katsiaryna Svirydzenka - 412 The history of interbank settlement arrangements: exploring central banks’ role in the payment system
by Ben Norman & Rachel Shaw & George Speight - 411 Low interest rates and housing booms: the role of capital inflows, monetary policy and financial innovation
by Filipa Sa & Pascal Towbin & tomasz wieladek - 410 Are EME indicators of vulnerability to financial crises decoupling from global factors?
by Guillermo Felices & Tomasz Wieladek - 409 The contractual approach to sovereign debt restructuring
by Sergi Lanau - 408 Wage rigidities in an estimated DSGE model of the UK labour market
by Renato Faccini & Stephen Millard & Francesco Zanetti
2010
- 407 Extracting information from structured credit markets
by Joseph Noss - 406 Forecasting in the presence of recent structural change
by Jana Eklund & George Kapetanios & Simon Price - 405 Monetary policy, capital inflows and the housing boom
by Filipa Sa & Tomasz Wieladek
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