Content
2011
- 2011/22 Monetary Policy and TIPS Yields Before the Crisis
by Stefan Gerlach & Laura Moretti - 2011/20 Investigating the Monetary Policy of Central Banks with Assessment Indicators
by Marcel Bluhm - 2011/19 Default Risk in an Interconnected Banking System with Endogeneous Asset Markets
by Marcel Bluhm & Jan Pieter Krahnen
2010
- 2010/08 The Diversity of Forecasts from Macroeconomic Models of the U.S. Economy
by Volker Wieland & Maik Wolters
2009
- 2009/18 Modelling and Forecasting Liquidity Supply Using Semiparametric Factor Dynamics
by Wolfgang Karl Härdle & Nikolaus Hautsch & Andrija Mihoci - 2009/11 CDOs and Systematic Risk: Why bond ratings are inadequate
by Jan Pieter Krahnen & Christian Wilde - 2009/11 CDOs and Systematic Risk: Why bond ratings are inadequate
by Jan Pieter Krahnen & Christian Wilde - 2009/04 Financial Advisors: A Case of Babysitters?
by Andreas Hackethal & Michael Haliassos & Tullio Jappelli - 2009/03 Analyzing Interest Rate Risk: Stochastic Volatility in the Term Structure of Government Bond Yields
by Nikolaus Hautsch & Yangguoyi Ou - 2009/02 Stockholding: From Participation to Location and to Participation Spillovers
by Dimitris Christelis & Dimitris Georgarakos & Michael Haliassos - 2009/01 Opting out of the Great Inflation: German Monetary Policy after the Break Down of Bretton Woods
by Andreas Beyer & Vítor Gaspar & Christina Gerberding & Otmar Issing
2008
- 2008/30 Financial Structure and the Impact of Monetary Policy on Asset Prices
by Katrin Assenmacher-Wesche & Stefan Gerlach - 2008/29 Does Trade Integration Alter Monetary Policy Transmission?
by Tobias J. Cwik & Gernot J. Müller & Maik Wolters - 2008/28 Price Adjustment to News with Uncertain Precision
by Nikolas Hautsch & Dieter Hess & Christoph Müller - 2008/25 Central Bank Misperceptions and the Role of Money in Interest Rate Rules
by Volker Wieland & Günter W. Beck - 2008/24 Confronting the Robinson Crusoe paradigm with household-size heterogeneity
by Christos Koulovatianos & Carsten Schröder & Ulrich Schmidt - 2008/24 Confronting the Robinson Crusoe paradigm with household-size heterogeneity
by Christos Koulovatianos & Carsten Schröder & Ulrich Schmidt - 2008/22 How do Fiscal and Technology Shocks affect Real Exchange Rates? New Evidence for the United States
by Zeno Enders & Gernot J. Müller & Almut Scholl - 2008/22 How do Fiscal and Technology Shocks affect Real Exchange Rates? New Evidence for the United States
by Zeno Enders & Gernot J. Müller & Almut Scholl - 2008/17 Learning, Endogenous Indexation and Disinflation in the New-Keynesian Model
by Volker Wieland - 2008/16 Economic Projections and Rules-of-Thumb for Monetary Policy
by Athanasios Orphanides & Volker Wieland - 2008/15 Risk Transfer with CDOs
by Jan Pieter Krahnen & Christian Wilde - 2008/14 Value-at-Risk and Expected Shortfall for Rare Events
by Stefan Mittnik & Tina Yener - 2008/13 Increasing Public Expenditures: Wagner’s Law in OECD Countries
by Serena Lamartina & Andrea Zaghini - 2008/13 Increasing Public Expenditures: Wagner’s Law in OECD Countries
by Serena Lamartina & Andrea Zaghini - 2008/09 International Evidence On Sticky Consumption Growth
by Christopher D. Carroll & Jirka Slacalek & Martin Sommer - 2008/08 Multivariate Regime–Switching GARCH with an Application to International Stock Markets
by Markus Haas & Stefan Mittnik - 2008/08 Multivariate Regime–Switching GARCH with an Application to International Stock Markets
by Markus Haas & Stefan Mittnik - 2008/07 Asymmetric Multivariate Normal Mixture GARCH
by Markus Haas & Stefan Mittnik & Mark S. Paolella - 2008/07 Asymmetric Multivariate Normal Mixture GARCH
by Markus Haas & Stefan Mittnik & Mark S. Paolella - 2008/07 Asymmetric Multivariate Normal Mixture GARCH
by Markus Haas & Stefan Mittnik & Mark S. Paolella - 2008/06 Evidence on the Insurance Effect of Marginal Income Taxes
by Charles Grant & Christos Koulovatianos & Alexander Michaelides & Mario Padula - 2008/06 Evidence on the Insurance Effect of Marginal Income Taxes
by Charles Grant & Christos Koulovatianos & Alexander Michaelides & Mario Padula
2007
- 2007/25 Capturing Common Components in High-Frequency Financial Time Series: A Multivariate Stochastic Multiplicative Error Model
by Nikolaus Hautsch - 2007/24 The CFS International Capital Flow Database: A User’s Guide
by Christian Offermanns & Marcus Pramor - 2007/23 International Investment Positions and Exchange Rate Dynamics: A Dynamic Panel Analysis
by Michael Binder & Christian Offermanns - 2007/18 Money in Monetary Policy Design under Uncertainty: A Formal Characterization of ECB-Style Cross-Checking
by Guenter W. Beck & Volker Wieland - 2007/17 Money in Monetary Policy Design under Uncertainty: The Two-Pillar Phillips Curve versus ECB-Style Cross-Checking
by Guenter W. Beck & Volker Wieland - 2007/16 Gradualism, Transparency and Improved Operational Framework: A Look at the Overnight Volatility Transmission
by Silvio Colarossi & Andrea Zaghini - 2007/14 Sticky Prices and Monetary Policy: Evidence from Disaggregated U.S. Data
by Jean Boivin & Marc P. Giannoni & Ilian Mihov - 2007/14 Sticky Prices and Monetary Policy: Evidence from Disaggregated U.S. Data
by Jean Boivin & Marc P. Giannoni & Ilian Mihov - 2007/13 Menu Costs, Multi-Product Firms, and Aggregate Fluctuations
by Virgiliu Midrigan - 2007/12 Robustly Optimal Monetary Policy with Near-Rational Expectations
by Michael Woodford - 2007/11 Bayesian and Adaptive Optimal Policy under Model Uncertainty
by Lars E.O. Svensson & Noah Williams - 2007/10 Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter?
by Alessandro Calza & Tommaso Monacelli & Livio Stracca - 2007/09 Unemployment Fluctuation with Staggered Nash Wage Bargaining
by Mark Gertler & Antonella Trigari - 2007/08 A New Keynesian Model with Unemployment
by Olivier Blanchard & Jordi Galí - 2007/07 Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model
by Kai Christoffel & Keith Kuester & Tobias Linzert - 2007/06 The Mistake of 1937: A General Equilibrium Analysis
by Gauti B. Eggertsson & Benjamin Pugsley - 2007/05 Three Great American Disinflations
by Michael Bordo & Christopher Erceg & Andrew Levin & Ryan Michaels - 2006/34 Consumption Smoothing and Liquidity Income Redistribution
by Giuseppe Bertola & Winfried Koeniger - 2006/33 Credit Cycles and Macro Fundamentals
by Siem Jan Koopman & Roman Kräussl & André Lucas & André Monteiro
2006
- 2006/32 Does Patience Pay? Empirical Testing of the Option to Delay Accepting a Tender Offer in the U.S. Banking Sector
by Rachel A. Campbell & Roman Kräussl - 2006/31 Revisiting the Home Bias Puzzle. Downside Equity Risk
by Rachel A. Campbell & Roman Kräussl - 2006/30 Global Monetary Policy Shocks in the G5: A SVAR Approach
by Joao Miguel Sousa & Andrea Zaghini - 2006/29 Public Policy and Venture Capital Financed Innovation: A Contract Design Approach
by Julia Hirsch - 2006/28 Optimal Choice and Beliefs with Ex Ante Savoring and Ex Post Disappointment
by Christian Gollier & Alexander Muermann - 2006/27 Tying Lending and Underwriting: Scope Economies, Incentives, and Reputation
by Christian Laux & Uwe Walz - 2006/26 Mutual versus Stock Insurers: Fair Premium, Capital, and Solvency
by Christian Laux & Alexander Muermann - 2006/25 Stock Market Interactions and the Impact of Macroeconomic News – Evidence from High Frequency Data of European Futures Markets
by Bea Canto & Roman Kräussl - 2006/24 Portfolio Optimization wehn Risk Factors are Conditionally Varying and Heavy Tailed
by Toker Doganoglu & Christoph Hartz & Stefan Mittnik - 2006/23 Accurate Value-at-Risk Forecast with the (good old) Normal-GARCH Model
by Christoph Hartz & Stefan Mittnik & Marc S. Paolella - 2006/22 Taxing Capital? Not a Bad Idea After All!
by Dirk Krueger & Hanno Lustig & Fabrizio Perri - 2006/21 Taxing Capital? Not a Bad Idea After All!
by Juan Carlos Conesa & Sagiri Kitao & Dirk Krueger - 2006/20 Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy,and Housing Wealth
by Annamaria Lusardi & Olivia S. Mitchell - 2006/19 Credit Cards: Facts and Theories
by Carol C. Bertaut & Michael Haliassos - 2006/18 On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare
by Dirk Krueger & Alexander Ludwig - 2006/17 Mark-to-Market Accounting and Liquidity Pricing
by Franklin Allen & Elena Carletti - 2006/16 Precautionary Savings and the Importance of Business Owners
by Erik Hurst & Arthur Kennickell & Annamaria Lusardi & Francisco Torralba - 2006/15 Disentangling the Importance of the Precautionary Saving Motive
by Arthur Kennickell & Annamaria Lusardi - 2006/13 The Boom-Bust Cycle in Finland and Sweden 1984-1995 in an International Perspective
by Lars Jonung & Ludger Schuknecht & Mika Tujula - 2006/12 Why Do Contracts Differ between VC Types? Market Segmentation versus Corporate Governance Varieties
by Julia Hirsch & Uwe Walz - 2006/11 The Dynamics of Venture Capital Contracts
by Carsten Bienz & Julia Hirsch - 2006/10 Retirement Expectations, Pension Reforms, and Their Impact on Private Wealth Accumulation
by Renata Bottazzi & Tullio Jappelli & Mario Padula - 2006/09 Multivariate Normal Mixture GARCH
by Markus Haas & Stefan Mittnik & Marc S. Paolella - 2006/08 Mean Variance Optimization of Non-Linear Systems and Worst-case Analysis
by Elena Carletti & Philipp Hartmann & Giancarlo Spagnolo - 2006/04 Risk Transfer with CDOs and Systemic Risk in Banking
by Jan Pieter Krahnen & Christian Wilde - 2006/03 Mean Variance Optimization of Non-Linear Systems and Worst-case Analysis
by Panos Parpas & Berc Rustem & Volker Wieland & Stan Zakovic
2005
- 2005/33 The Volatility of Realized Volatility
by Fulvio Corsi & Uta Kretschmer & Stefan Mittnik & Christian Pigorsch - 2005/32 Do Consumers Choose the Right Credit Contracts?
by Sumit Agarwal & Souphala Chomsisengphet & Chunlin Liu & Nicholas S. Souleles - 2005/31 Inflation Rate Dispersion and Convergence in Monetary and Economic Unions: Lessons for the ECB
by Günter W. Beck & Axel A. Weber - 2005/30 Price Stability, Inflation Convergence and Diversity in EMU: Does One Size Fit All?
by Axel A. Weber & Günter W. Beck - 2005/29 Awareness and Stock Market Participation
by Luigi Guiso & Tullio Jappelli - 2005/28 Intertemporal Choice and Consumption Mobility
by Tullio Jappelli & Luigi Pistaferri - 2005/27 Trusting the Stock Market
by Luigi Guiso & Paola Sapienza & Luigi Zingales - 2005/26 Credit Card Debt Puzzles
by Michael Halisassos & Michael Reiter - 2005/25 Credit Risk Transfer and Contagion
by Franklin Allen & Elena Carletti - 2005/24 Insuring the Uninsurable: Brokers and Incomplete Insurance Contracts
by Neil A. Doherty & Alexander Muermann - 2005/23 Credit Market Competition and Capital Regulation
by Franklin Allen & Elena Carletti & Robert Marquez - 2005/22 Stock Returns and Expected Business Conditions: Half a Century of Direct Evidence
by Sean D. Campbell & Francis X. Diebold - 2005/21 ART Versus Reinsurance: The Disciplining Effect of Information Insensitivity
by Silke Brandts & Christian Laux - 2005/20 Equity Culture and the Distribution of Wealth
by Yannis Bilias & Dimitris Georgarakos & Michael Haliassos - 2005/19 A Quantitative Exploration of the Opportunistic Approach to Disinflation
by Yunus Aksoy & Athanasios Orphanides & David Small & Volker Wieland & David Wilcox - 2005/18 The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems
by Christopher D. Carroll - 2005/17 The Optimal Inflation Buffer with a Zero Bound
by Roberto Billi - 2005/16 Discretionary Monetary Policy and the Zero Lower Bound on Nominal Interest Rates
by Klaus Adam & Roberto Billi - 2005/15 Does Income Inequality Lead to Consumption Inequality? Evidence and Theory
by Dirk Krueger & Fabrizio Perri - 2005/14 Stochastic Optimization and Worst-Case Analysis in Monetary Policy Design
by Berc Rustem & Volker Wieland & Stan Zakovic - 2005/13 Insurance Policies for Monetary Policy in the Euro Area
by Keith Küster & Volker Wieland - 2005/12 Pareto Improving Social Security Reform when Financial Markets are Incomplete!?
by Dirk Krueger & Felix Kubler - 2005/11 Pareto Improving Social Security Reform when Financial Markets are Incomplete!?
by Markus Haas & Stefan Mittnik & Marc S. Paolella - 2005/10 On the Optimal Progressivity of the Income Tax Code
by Juan Carlos Conesa & Dirk Krueger - 2005/09 Assessing Central Bank Credibility During the ERM Crises: Comparing Option and Spot Market-Based Forecasts
by Markus Haas & Stefan Mittnik & Bruce Mizrach - 2005/08 Volatility Forecasting
by Torben G. Andersen & Tim Bollerslev & Peter F. Christoffersen & Francis X. Diebold - 2005/07 Competitive Risk Sharing Contracts with One-Sided Commitment
by Dirk Krueger & Harald Uhlig - 2005/06 Default Risk Sharing Between Banks and Markets: The Contribution of Collateralized Debt Obligations
by Günter Franke & Jan Pieter Krahnen - 2005/05 Der Handel von Kreditrisiken: Eine neue Dimension des Kapitalmarktes
by Jan Pieter Krahnen - 2005/04 A Framework for Exploring the Macroeconomic Determinants of Systematic Risk
by Torben G. Andersen & Tim Bollerslev & Francis X. Diebold & Jin (Ginger) Wu - 2005/03 Modeling Bond Yields in Finance and Macroeconomics
by Francis X. Diebold & Monika Piazzesi & Glenn D. Rudebusch - 2005/02 Practical Volatility and Correlation Modeling for Financial Market Risk Management
by Torben G. Andersen & Tim Bollerslev & Peter F. Christoffersen & Francis X. Diebold - 2005/01 The Reform of October 1979: How It Happened and Why
by David E. Lindsey & Athanasios Orphanides & Robert H. Rasche
2004
- 2004/25 The Basel II Accord: Internal Ratings and Bank Differentiation
by Eberhard Feess & Ulrich Hege - 2004/24 The Decline of Activist Stabilization Policy: Natural Rate Misperceptions, Learning, and Expectations
by Athanasios Orphanides & John C. Williams - 2004/23 Understanding the Effects of Government Spending on Consumption
by Jordi Galí & J.David López-Salidoz & Javier Vallés - 2004/22 Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria
by Robert G. King & Alexander L. Wolman - 2004/21 The Basle Securitisation Framework Explained: The Regulatory Treatment of Asset Securitisation
by Andreas Jobst - 2004/20 The comovement of credit default swap, bond and stock markets: an empirical analysis
by Lars Norden & Martin Weber - 2004/19 Real-Time Price Discovery in Stock, Bond and Foreign Exchange Markets
by Torben G. Andersen & Tim Bollerslev & Francis X. Diebold & Clara Vega - 2004/18 Multiple-bank lending: diversification and free-riding in monitoring
by Elena Carletti & Vittoria Cerasi & Sonja Daltung - 2004/17 Legality and Venture Governance Around the World
by Douglas Cumming & Daniel Schmidt & Uwe Walz - 2004/16 Realized Beta: Persistence and Predictability
by Torben G. Andersen & Tim Bollerslev & Francis X. Diebold & Jin Wu - 2004/15 Are Stationary Hyperinflation Paths Learnable?
by Klaus Adam & George W. Evans & Seppo Honkapohja - 2004/14 Exchange-Rate Policy and the Zero Bound on Nominal Interest
by Günter Coenen & Volker Wieland - 2004/13 Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates
by Klaus Adam & Roberto M. Billi - 2004/12 Private equity-, stock- and mixed asset-portfolios: A bootstrap approach to determine performance characteristics, diversification benefits and optimal portfolio allocations
by Daniel Schmidt - 2004/11 The Nobel Memorial Prize for Robert F. Engle
by Francis X. Diebold - 2004/10 Weather Forecasting for Weather Derivatives
by Sean D. Campbell & Francis X. Diebold - 2004/09 Forecasting the Term Structure of Government Bond Yields
by Francis X. Diebold & Canlin Li - 2004/08 Financial Asset Returns, Direction-of-Change Forecasting, and Volatility Dynamics
by Peter F. Christoffersen & Francis X. Diebold - 2004/07 A No-Arbitrage Approach to Range-Based Estimation of Return Covariances and Correlations
by Michael W. Brandt & Francis X. Diebold - 2004/04 Ramsey Monetary Policy and International Relative Prices
by Ester Faia & Tommaso Monacelli
2003
- 2004/06 The Determinants of Debt and (Private-) Equity Financing in Young Innovative SMEs: Evidence from Germany
by Dorothea Schäfer & Axel Werwatz & Volker Zimmermann - 2003/45 Nominal Exchange Rate Regimes and Relative Price Dispersion: On the Importance of Nominal Exchange Rate Volatility for the Width of the Border
by Guenter W. Beck - 2003/44 Bayesian Fan Charts for U.K. Inflation: Forecasting and Sources of Uncertainty in an Evolving Monetary System
by Timothy Cogley & Sergei Morozov & Thomas J. Sargent - 2003/42 The Role of Expectations in Economic Fluctuations and the Efficacy of Monetary Policy
by Mordecai Kurz (contact author) & Hehui Jin & Maurizio Motolese - 2003/41 Permanent and Transitory Policy Shocks in an Empirical Macro Model with Asymmetric Information
by Sharon Kozicki & P.A. Tinsley - 2003/40 Imperfect Knowledge, Inflation Expectations, and Monetary Policy
by Athanasios Orphanides & John C. Williams - 2003/39 Performance of Inflation Targeting Based On Constant Interest Rate Projections
by Seppo Honkapohja & Kaushik Mitra - 2003/38 Escapist Policy Rules
by James Bullard, & In-Koo Cho - 2003/37 Monetary Policy, Indeterminacy and Learning
by George W. Evans & Bruce McGough - 2003/36 Corporate Governance in Germany: An Economic Perspective
by Reinhard H. Schmidt - 2003/35 Some Like it Smooth, and Some Like it Rough: Untangling Continuous and Jump Components in Measuring, Modeling, and Forecasting Asset Return Volatility
by Torben G. Andersen & Tim Bollerslev & Francis X. Diebold, - 2003/34 Courts and Sovereign Eurobonds: Credibility of the Judicial Enforcement of Repayment
by Issam Hallak - 2003/33 Bank Loans Non-Linear Structure of Pricing: Empirical Evidence from Sovereign Debts
by Issam Hallak - 2003/32 Evaluating VaR Forecasts under Stress – The German Experience
by Stefan Jaschke & Gerhard Stahl & Richard Stehle - 2003/31 The Macroeconomy and the Yield Curve: A Nonstructural Analysis
by Francis X. Diebold, & Glenn D. Rudebusch & S. Boragan Aruoba - 2003/30 Inflation convergence after the introduction of the Euro
by Markus Mentz, & Steffen P. Sebastian - 2003/28 Mergers and Acquisitions in Germany - Social Setting and Regulatory Framework
by Frank A. Schmid & Mark Wahrenburg - 2003/27 German banks – a declining industry?
by Andreas Hackethal - 2003/26 Initial Public Offerings and Venture Capital in Germany
by Stefanie Franzke (Contact), Stefanie Grohs, Christian Laux - 2003/25 The Role of the Value Added by the Venture Capitalists in Timing and Extent of IPOs
by Tereza Tykvová - 2003/23 A Critique on the Proposed Use of External Sovereign Credit Ratings in Basel II
by Roman Kraeussl - 2003/22 Do Changes in Sovereign Credit Ratings Contribute to Financial Contagion in Emerging Market Crises?
by Roman Kraeussl - 2003/20 Universal Banks and Relationships with Firms
by Ralf Elsas & Jan Pieter Krahnen - 2003/19 Regulation and Competition in German Banking: An Assessment
by Karl-Hermann Fischer / Christian Pfeil - 2003/18 Do Credit Rating Agencies Add to the Dynamics of Emerging Market Crises?
by Roman Kraeussl - 2003/17 Organized Equity Markets in Germany
by Erik Theissen - 2003/16 The Role of Accounting in the German Financial System
by Christian Leuz & Jens Wüstemann - 2003/15 Contractual Relations between European VC–Funds and Investors: The Impact of Reputation and Bargaining Power on Contractual Design
by Daniel Schmidt & Mark Wahrenburg - 2003/14 Institutional Investors in Germany: Insurance Companies and Investment Funds
by Raimond Maurer - 2003/13 Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero
by Guenter Coenen & Athanasios Orphanides & Volker Wieland - 2003/12 Optimal Monetary Policy with Imperfect Common Knowledge
by Klaus Adam - 2003/11 Heterogeneous Expectations in the Foreign Exchange Market Evidence from the Daily Dollar/DM Exchange Rate
by Ralf Ahrens & Stefan Reitz - 2003/10 Nonlinearities and Cyclical Behavior: The Role of Chartists and Fundamentalists
by Stefan Reitz & Frank Westerhoff - 2003/09 The Zero-Interest-Rate and the Role of the Exchange Rate for Monetary Policy in Japan
by Guenter Coenen & Volker Wieland - 2003/08 A Small Estimated Euro Area Model with Rational Expectations and Nominal Rigidities
by Guenter Coenen & Volker Wieland - 2003/07 Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy
by Guenter Coenen & Andrew Levin & Volker Wieland - 2003/06 The Performance of Forecast-Based Monetary Policy Rules under Model Uncertainty
by Andrew Levin & Volker Wieland & John C. Williams - 2003/05 Monetary Policy and Uncertainty about the Natural Unemployment Rate
by Volker Wieland - 2003/04 Prediction of Financial Downside-Risk with Heavy-Tailed Conditional Distributions
by Stefan Mittnik & Marc S. Paolella - 2003/03 Learning and Equilibrium Selection in a Monetary Overlapping Generations Model with Sticky Prices
by Klaus Adam - 2003/02 On the Relation between Robust and Bayesian Decision Making
by Klaus Adam - 2003/01 Learning to Forecast and Cyclical Behavior of Output and Inflation
by Klaus Adam