Search Results

U.S. Economic Outlook: 2019 in review and early 2020 developments,
-, from Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) (2020)

Is there anybody out there? Detecting operational outages from LVTS transaction data,
Neville Arjani and Ronald Heijmans, from DNB (2020)
Keywords: Operational Risk; LVTS; Financial Market Infrastructures; outages

How much liquidity would a liquidity-saving mechanism save if a liquidity-saving mechanism could save liquidity? A simulation approach for Canada's large-value payment system Shaun Byck,
Shaun Byck and Ronald Heijmans, from DNB (2020)
Keywords: Liquidity Saving Mechanism; Simulation; LVTS; RTGS; Financial Market Infrastructure; Intraday Liquidity; Collateral

Shallow or deep? Detecting anomalous flows in the Canadian Automated Clearing and Settlement System using an autoencoder,
Leonard Sabetti and Ronald Heijmans, from DNB (2020)
Keywords: Anomaly Detection; Autoencoder; Neural Network; Articial intelligence; ACSS; Financial Market Infrastructure; Retail Payments

Banknote verification relies on vision, feel and a single second,
Frank van der Horst, Jelle Miedema, Joshua Snell and Jan Theeuwes, from DNB (2020)
Keywords: attention, decision-making, change blindness, gist, sight, touch, authentication, banknotes, counterfeits

Liquidity Coverage Ratio in a Payments Network: Uncovering Contagion Paths,
Richard Heuver and Ron Berndsen, from DNB (2020)
Keywords: Liquidity Coverage; Basel III; payment systems; graph theory; simulation modeling

Macroeconometric Assessment of Monetary Approach to Balance of Payments in a Small Open Economy: The Nigeria Experience,
Ngozi Atoi, from University Library of Munich, Germany (2020)
Keywords: Monetary approach, Balance of payment, Two stage least square, Simultaneous equation, Reduced form equation

The Impact of Government Health Expenditure on Health Outcomes in Southern Africa,
Henock Shilongo, from University Library of Munich, Germany (2020)
Keywords: government, health, expenditure, southern African, life expectancy, infant mortality

The Riddle of the Natural Rate of Interest,
Weshah Razzak, from University Library of Munich, Germany (2020)
Keywords: natural rate of interest, monetary policy

COVID-19 Pandemic and Macroeconomic Uncertainty: Indian Economic Outlook,
Panchanan Das, from University Library of Munich, Germany (2020)
Keywords: Recession, Macroeconomic Policy, Public Policy, Pandemic

Hysteresis and the Welfare Costs of Business Cycles,
Juha Tervala, from University Library of Munich, Germany (2020)
Keywords: Business Cycles, Costs of Recessions, Hysteresis, Stabilization Policy

COVID-19 pandemic and world trade: Some analytical notes,
Suborna Barua, from University Library of Munich, Germany (2020)
Keywords: COVID-19, coronavirus, coronanomics, globalization, trade

The need for global coordination and cooperation transparency and uncertainty amid the COVID -19 outbreak,
Marianne Ojo, from University Library of Munich, Germany (2020)
Keywords: coordination; temporary pandemic emergency purchase programme ; forward looking standards; loan loss provisioning; enhanced targeted longer term refinancing operations; supply chains

Evaluating and mitigating the effects of the Covid 19 pandemic,
Marianne Ojo, from University Library of Munich, Germany (2020)
Keywords: bond markets; exchange rates; spill over effects; asset buying programme; monetary policy; Bayesian Vector Autoregression model; multiplier effect; continuous monitoring

Pandemic Lockdown: The Role of Government Commitment,
Christian Moser and Pierre Yared, from University Library of Munich, Germany (2020)
Keywords: Coronavirus, COVID-19, SIR Model, Optimal Policy, Rules, Commitment, Flexibility

Politiques économiques sectorielles et créations d’emplois: une approche d’équilibre général calculable appliquée au cas de la Tunisie,
Moussa Keita, from University Library of Munich, Germany (2020)
Keywords: Equilibre général, MEGC, employ, politiques économiques

Generative Adversarial Network for Market Hourly Discrimination,
Luca Grilli and Domenico Santoro, from University Library of Munich, Germany (2020)
Keywords: Neural Network, Price Forecasting, Cryptocurrencies, Market Hours, Generative Model

Central Bank Profit Distribution As A Monetary Policy Tool,
Martin Hiermeyer, from University Library of Munich, Germany (2020)
Keywords: Monetary Policy; Central Banks and Their Policies

Mathematical model of the supply shock crisis (COVID – 19),
Alexei Krouglov, from University Library of Munich, Germany (2020)
Keywords: supply side shock; economic crises; mathematical models

The Mystery behind Foreign Reserve Sterilization: Empirical Evidence from The Gambia,
Foday Joof and Turgut Türsoy, from University Library of Munich, Germany (2020)
Keywords: Foreign reserve, Money supply, Sterilisation, Central Bank of The Gambia

La crédibilité des politiques monétaires affecte-t-elle la croissance économique en Afrique subsaharienne?,
Dessy-Karl Tadadjeu Wemba and Patrick-Nelson Danie Essiane, from University Library of Munich, Germany (2019)
Keywords: Monetary Policy; Economic growth; Price stability; Sub-Saharan Africa

Labor Earnings Dynamics in a Developing Economy with a Large Informal Sector,
Cezar Santos, from Banco de Portugal, Economics and Research Department (2020)

Endogenous Growth and Monetary Policy: How Do Interest-Rate Feedback Rules Shape Nominal and Real Transitional Dynamics?,
Gustavo Iglésias, from Banco de Portugal, Economics and Research Department (2020)

Demographic change in Switzerland: Impacts on economic growth in an Overlapping Generations Model,
Luisa-Marie Hauser, Carsten-Henning Schlag and André Wolf, from Hamburg Institute of International Economics (HWWI) (2020)
Keywords: Ageing, OLG-models, Long-term GDP forecasts, Switzerland

The fiscal-monetary nexus in Germany,
Dirk Ehnts, from Berlin School of Economics and Law, Institute for International Political Economy (IPE) (2020)
Keywords: government spending, fiscal, monetary, Treasury, sovereign default, Eurozone

Asymmetric investment responses to firm-specific forecast errors,
Julian Berner, Manuel Buchholz and Lena Tonzer, from Halle Institute for Economic Research (IWH) (2020)
Keywords: risk climate, microeconomic survey data, forecast errors, firm investment, uncertainty

Integrated assessment of epidemic and economic dynamics,
Oliver Holtemöller, from Halle Institute for Economic Research (IWH) (2020)
Keywords: coronavirus, economic growth, epidemic modeling

The macroeconomic spillover effects of the pandemic on the global economy,
Emanuel Kohlscheen, Benoit Mojon and Daniel Rees, from Bank for International Settlements (2020)

Consumers’ Mobility, Expenditure and Online-Offline Substitution Response to COVID-19: Evidence from French Transaction Data,
David Bounie, Youssouf Camara and John Galbraith, from CIRANO (2020)
Keywords: COVID-19,Consumption Expenditure,Consumer Mobility,Online Commerce,Resiliency,Transaction Data, COVID-19,Dépenses de consommation,Mobilité des consommateurs,Commerce en ligne,Résilience,Données de transaction

U.S. Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak,
Daniel Lewis, Karel Mertens and James Stock, from National Bureau of Economic Research, Inc (2020)

The Implications of Heterogeneity and Inequality for Asset Pricing,
Stavros Panageas, from National Bureau of Economic Research, Inc (2020)

Risk Sharing Externalities,
Luigi Bocola and Guido Lorenzoni, from National Bureau of Economic Research, Inc (2020)

The Macroeconomic Stabilization of Tariff Shocks: What is the Optimal Monetary Response?,
Paul Bergin and Giancarlo Corsetti, from National Bureau of Economic Research, Inc (2020)

Sticky Capital Controls,
Miguel Acosta-Henao, Laura Alfaro and Andrés Fernández Martin, from National Bureau of Economic Research, Inc (2020)

What’s up with the Phillips Curve?,
Marco Del Negro, Michele Lenza, Giorgio Primiceri and Andrea Tambalotti, from National Bureau of Economic Research, Inc (2020)

Shotgun Wedding: Fiscal and Monetary Policy,
Marco Bassetto and Thomas Sargent, from National Bureau of Economic Research, Inc (2020)

Covid-19 Infection Externalities: Trading Off Lives vs. Livelihoods,
Zachary A. Bethune and Anton Korinek, from National Bureau of Economic Research, Inc (2020)

An Alternative Explanation for the “Fed Information Effect”,
Michael Bauer and Eric Swanson, from National Bureau of Economic Research, Inc (2020)

Labor Markets During the COVID-19 Crisis: A Preliminary View,
Olivier Coibion, Yuriy Gorodnichenko and Michael Weber, from National Bureau of Economic Research, Inc (2020)

Economic Policy Incentives to Preserve Lives and Livelihoods,
Roberto Chang and Andrés Velasco, from National Bureau of Economic Research, Inc (2020)

Portfolio Choice with Sustainable Spending: A Model of Reaching for Yield,
John Campbell and Roman Sigalov, from National Bureau of Economic Research, Inc (2020)

Can the Unemployed Borrow? Implications for Public Insurance,
J. Carter Braxton, Kyle Herkenhoff and Gordon Phillips, from National Bureau of Economic Research, Inc (2020)

Does the Liquidity Trap Exist?,
Stéphane Lhuissier, Benoit Mojon and Juan F Rubio-Ramirez, from FEDEA (2020)

Exchange rate pass-through in the euro area and EU countries,
Eva Ortega and Chiara Osbat, from European Central Bank (2020)
Keywords: consumer prices, euro area, exchange rates, import prices, inflation, monetary policy, pass-through

Negative monetary policy rates and systemic banks’ risk-taking: evidence from the euro area securities register,
Johannes Bubeck, Angela Maddaloni and Jose-Luis Peydro, from European Central Bank (2020)
Keywords: banks, negative rates, non-standard monetary policy, reach-for-yield, securities

Heterogeneous Expectations, Indeterminacy, and Postwar US Business Cycles,
Francisco Ilabaca and Fabio Milani, from CESifo (2020)
Keywords: heterogeneous expectations in New Keynesian model, indeterminacy, sunspots, Taylor principle, deviations from rational expectations, time-varying parameters

Strategic Inattention, Inflation Dynamics, and the Non-Neutrality of Money,
Hassan Afrouzi, from CESifo (2020)
Keywords: rational inattention, inflation expectations, oligopolistic competition, inflation dynamics, monetary non-neutrality

Endogenous Task-Based Technical Change - Factor Scarcity and Factor Prices -,
Andreas Irmen, from CESifo (2020)
Keywords: economic growth, endogenous technical change, direction of technical change, biased technology

Indebted Demand,
Atif Mian, Ludwig Straub and Amir Sufi, from CESifo (2020)
Keywords: aggregate demand, debt, interest rates, inequality, secular stagnation

EU Accession: A Boon or Bane for Corruption?,
Vincenzo Alfano, Salvatore Capasso and Rajeev Goel, from CESifo (2020)
Keywords: corruption, regulations, free trade European Union, joining the EU, EU negotiations, government

Inflation and the Income Share of the Rich: Evidence for 12 OECD Countries,
Mehdi El Herradi, Jakob de Haan and Aurélien Leroy, from CESifo (2020)
Keywords: inflation, inequality, top income shares, income distribution

The Saving Glut of the Rich and the Rise in Household Debt,
Atif Mian, Ludwig Straub and Amir Sufi, from CESifo (2020)
Keywords: inequality, saving glut, household debt, unveiling

On the Exchange Rate and Economic Policy Uncertainty Nexus: A Panel VAR Approach for Emerging Markets,
Abir Abid and Christophe Rault, from CESifo (2020)
Keywords: emerging markets, economic policy uncertainty, exchange rates volatility, panel VAR

Macroeconomic Policy Lessons for Greece from the Debt Crisis,
George Economides, Dimitris Papageorgiou and Apostolis Philippopoulos, from CESifo (2020)
Keywords: growth, macroeconomic policy, institutions

Real implications of Quantitative Easing in the euro area: a complex-network perspective,
Chiara Perillo and Stefano Battiston, from arXiv.org (2020)

Should contact bans be lifted in Germany?,
Jean Roch Donsimoni, René Glawion, Bodo Plachter, Constantin Weiser and Klaus Wälde, from Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz (2020)
Keywords: COVID19, SARS-CoV-2, forecast Germany, epidemic, pandemic

TEMPORARY SALES IN RESPONSE TO AGGREGATE SHOCKS,
Benjamin Eden, Maya Eden, Oscar Oflaherty and Jonah Yuen, from Vanderbilt University Department of Economics (2020)
Keywords: Temporary Sales, Unwanted Inventories, Sequential Trade

Credit Supply Driven Boom-Bust Cycles,
Yavuz Arslan, Bulent Guler and Burhan Kuruscu, from University of Toronto, Department of Economics (2020)
Keywords: Credit Supply, House Prices, Financial Crises, Household and Bank Balance Sheets, Leverage, Foreclosures, Consumption, and Output.

Revisions in the Norwegian National Accounts. Accuracy, unbiasedness and efficiency in preliminary figures,
Magnus Kvåle Helliesen, Håvard Hungnes and Terje Skjerpen, from Statistics Norway, Research Department (2020)
Keywords: Forecasting

What can we learn about household consumption expenditure from data on income and assets?,
Lasse Eika, Magne Mogstad and Ola Vestad, from Statistics Norway, Research Department (2020)
Keywords: administrative data; consumption measurement; income; wealth

Bias in Local Projections,
Edward Herbst and Benjamin K. Johannsen, from Board of Governors of the Federal Reserve System (U.S.) (2021)
Keywords: Local projections; Bias

Central Clearing and Systemic Liquidity Risk,
Thomas King, Travis Nesmith, Anna Paulson and Todd Prono, from Board of Governors of the Federal Reserve System (U.S.) (2022)
Keywords: Financial systems; Central counterparties; CCPs; Margin; Liquidity risk; Systemic risk; Financial stability; Procyclicality

Short-term Planning, Monetary Policy, and Macroeconomic Persistence,
Christopher Gust, Edward Herbst and David Lopez-Salido, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: Finite-horizon planning; Learning; Monetary policy; New keynesian model; Bayesian estimation

Monetary Policy and Birth Rates: The Effect of Mortgage Rate Pass-Through on Fertility,
Fergus Cumming and Lisa Dettling, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: Mortgages; Monetary policy; Birth rates; Fertility; Natality; Interest rates

Consumption Heterogeneity: Micro Drivers and Macro Implications,
Edmund Crawley and Andreas Kuchler, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: MPC; Consumption dynamics; Uncertainty

Approximately Right?: Global v. Local Methods for Open-Economy Models with Incomplete Markets,
Oliver de Groot, C. Bora Durdu and Enrique Mendoza, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: solution methods; Sudden stops; Incomplete markets; Precautionary savings; Occasionally binding constraints

Treasury Safety, Liquidity, and Money Premium Dynamics: Evidence from Recent Debt Limit Impasses,
David B. Cashin, Erin E. Syron Ferris and Elizabeth Klee, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: Treasury securities; Money premium; Default risk; Liquidity; Information sensitivity of debt

The Power of Narratives in Economic Forecasts,
Christopher A. Hollrah, Steven Sharpe and Nitish R. Sinha, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: Text analysis; Economic forecasts; Monetary policy; Stock returns; Narratives

Scarring Body and Mind: The Long-Term Belief-Scarring Effects of COVID-19,
Julian Kozlowski, Laura Veldkamp and Venky Venkateswaran, from Federal Reserve Bank of St. Louis (2020)
Keywords: COVID-19; coronavirus; rare events; tail risks; belief-driven business cycles

Maturity Structure and Liquidity Risk,
David Andolfatto, from Federal Reserve Bank of St. Louis (2020)
Keywords: Maturity structure; yield curves; liquidity

Macroeconomic Policy in the Time of COVID-19: A Primer for Developing Countries,
Norman Loayza and Steven Michael Pennings, from The World Bank (2020)
Keywords: Health Care Services Industry,Public Health Promotion,Climate Change Mitigation and Green House Gases,Economic Conditions and Volatility

Optimal Policy under Dollar Pricing,
Konstantin Egorov and Dmitry Mukhin, from New Economic School (NES) (2020)

Exploring the Inflationary Effect of Oil Price Volatility in Africa\'s Oil Exporting Countries,
Sina Ogede, Emmanuel George and Ibrahim Adekunle, from African Governance and Development Institute. (2020)
Keywords: Oil Price Volatility; Inflation; Growth Outcomes; Pool Mean Group; Africa.

Aid Distribution During the COVID-19 Crisis,
Alvin Ang and Ser Percival Pena-Reyes, from Department of Economics, Ateneo de Manila University (2020)
Keywords: COVID-19 pandemic, financial vulnerability, social amelioration

ECB and Fed Monetary Policy Measures against the Economic Effects of the Coronavirus Pandemic Have Little Effect,
Kerstin Bernoth, Geraldine Dany-Knedlik and Anna Gibert, from DIW Berlin, German Institute for Economic Research (2020)

The Macroeconomic Effects of Lockdown Policies,
Stéphane Auray and Aurélien Eyquem, from Observatoire Francais des Conjonctures Economiques (OFCE) (2020)
Keywords: Lockdown, Unemployment, Borrowing constraints, Incomplete markets, Government Spending, Unemployment Insurance

The Financial Accelerator, Wages, and Optimal Monetary Policy,
Tobias König, from DIW Berlin, German Institute for Economic Research (2020)
Keywords: Financial accelerator, monetary policy, nominal rigidities, factor costs

Unconventional Monetary Policies: A Stock-Taking Exercise,
Jean-Guillaume Sahuc and Christian Pfister, from University of Paris Nanterre, EconomiX (2020)
Keywords: Unconventional monetary policies.

Monetary Policy Transmission with Downward Interest Rate Rigidity,
Jean-Guillaume Sahuc and Grégory Levieuge, from University of Paris Nanterre, EconomiX (2020)
Keywords: Downward interest rate rigidity, asymmetric adjustment costs, banking sector, DSGE model, euro area.

Pratiques et doctrine des banques centrales au défi du changement climatique: rupture ou continuité ?,
Laurence Scialom, from University of Paris Nanterre, EconomiX (2020)
Keywords: central banking, climate change, climate related financial risk

Central bank information and private-sector Expectations,
Jochen Güntner, from Department of Economics, Johannes Kepler University Linz, Austria (2020)
Keywords: Blue Chip Economic Indicators, Central bank information shocks, Forecast revisions

The Interaction Between Macroprudential Policy and Financial Stability,
Zoe Venter, from ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2020)
Keywords: Macroprudential Policy, Credit Booms, Capital Flows, Financial Stability, Systematic Risk, EU, Latin America

Self-defeating austerity in Portugal during the Troika's economic and financial adjustment programme,
José Carlos Coelho, from ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2020)
Keywords: unemployment, budget deficit, self-defeating austerity, Troika, Portugal

A New Indicator of Bank Funding Cost,
Eric Jondeau, Benoit Mojon and Jean-Guillaume Sahuc, from Swiss Finance Institute (2020)
Keywords: Bank funding risk, bank credit spreads, liquidity supply regimes, multi- curve environment, economic activity predictability.

Death to the Cobb-Douglas Production Function? A Quantitative Survey of the Capital-Labor Substitution Elasticity,
Sebastian Gechert, Tomas Havranek, Zuzana Irsova and Dominika Ehrenbergerova, from Czech National Bank, Research and Statistics Department (2019)
Keywords: Capital, elasticity of substitution, labor, model uncertainty, publication bias

Should We Be Puzzled by Forward Guidance?,
Brent Bundick and Andrew Smith, from Federal Reserve Bank of Kansas City (2020)
Keywords: Forward Guidance; Monetary Policy Shocks; Zero Lower Bound; Impulse Response Matching

Sovereign Risk Matters: The Effects of Endogenous Default Risk on the Time-Varying Volatility of Interest Rate Spreads,
Sergio de Ferra and Enrico Mallucci, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: Sovereign risk; Time-varying volatility; Interest rates

When is Bad News Good News? U.S. Monetary Policy, Macroeconomic News, and Financial Conditions in Emerging Markets,
Jasper Hoek, Steven B. Kamin and Emre Yoldas, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: Monetary policy; Spillovers; Emerging markets; Growth shock; monetary shocks; Financial conditions

The Elusive Gains from Nationally-Oriented Monetary Policy,
Martin Bodenstein, Giancarlo Corsetti and Luca Guerrieri, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: Monetary policy cooperation; Global imbalances; Open-loop Nash games

Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints,
S. Boragan Aruoba, Pablo Cuba-Borda, Kenji Higa-Flores, Frank Schorfheide and Sergio Villalvazo, from Board of Governors of the Federal Reserve System (U.S.) (2020)
Keywords: Bayesian estimation; Nonlinear filtering; Nonlinear solution methods; Particle MCMC; zero lower bound (ZLB)