CFS Working Papers

Monetary Policy & Financial Stability

No.	Researcher	Title	Category	Year	Keywords
642	Refet S. Gürkaynak, A. Hakan Kara, Burçin Kısacıkoğlu, Sang Seok Lee	Monetary Policy Surprises and Exchange Rate Behavior	Monetary Policy & Financial Stability	2020
639	Günter Coenen, Carlos Montes-Galdón, Frank Smets	Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment	Monetary Policy & Financial Stability	2020
633	Volker Brühl	LIBRA – a differentiated view on Facebook’s virtual currency project	Monetary Policy & Financial Stability	0
628	Refet S. Gürkaynak, Hatice Gökçe Karasoy-Can, Sang Seok Lee	Stock Market's Assessment of Monetary Policy Transmission: The Cash Flow Effect	Monetary Policy & Financial Stability	0
624	Carlo Altavilla, Luca Brugnolini, Refet S. Gürkaynak, Roberto Motto, Giuseppe Ragusa	Measuring Euro Area Monetary Policy	Monetary Policy & Financial Stability	0
623	Joao Granja, Christian Leuz, Raghuram G. Rajan	Going the Extra Mile: Distant Lending and Credit Cycles	Monetary Policy & Financial Stability	0
622	Jannis Bischof, Christian Laux, Christian Leuz	Accounting for Financial Stability: Lessons from the Financial Crisis and Future Challenges	Monetary Policy & Financial Stability	0
620	Viral V. Acharya, Björn Imbierowicz, Sascha Steffen, Daniel Teichmann	Does the Lack of Financial Stability Impair the Transmission of Monetary Policy?	Monetary Policy & Financial Stability	0
619	Andreas Beyer, Katrin Assenmacher-Wesche	A cointegration model of money and wealth	Monetary Policy & Financial Stability	0
615	Winfried Koeniger, Marc-Antoine Ramelet	Home Ownership and Monetary Policy Transmission	Monetary Policy & Financial Stability	0
614	Christos Koulovatianos, Dimitris Mavridis	Increasing Taxes After a Financial Crisis: Not a Bad Idea After All...	Monetary Policy & Financial Stability	0
610	João Granja, Christian Leuz	The Death of a Regulator: Strict Supervision, Bank Lending and Business Activity	Monetary Policy & Financial Stability	0
601	Michael Woodford, Klaus Adam	Leaning Against Housing Prices As Robustly Optimal Monetary Policy	Monetary Policy & Financial Stability	0
590	Enikő Gábor-Tóth, Dimitris Georgarakos	Economic Policy Uncertainty and Stock Market Participation	Monetary Policy & Financial Stability	2018
587	Hans Gersbach, Salomon Faure	Loanable Funds vs Money Creation in Banking: A Benchmark Result	Monetary Policy & Financial Stability	2017
584	Christina Bannier, Dennis Sinzig	Finanzwissen und Vorsorgesparverhalten	Monetary Policy & Financial Stability	2017
579	Klaus Adam, Henning Weber	Optimal Trend Inflation	Monetary Policy & Financial Stability	2017
578	Günter Coenen, Michael Ehrmann, Gaetano Gaballo, Peter Hoffmann, Anton Nakov, Stefano Nardelli, Eric Persson, Georg H. Strasser	Communication of monetary policy in unconventional times	Monetary Policy & Financial Stability	2017
577	Francis X. Diebold, Frank Schorfheide, Minchul Shin	Real-Time Forecast Evaluation of DSGE Models with Stochastic Volatility	Monetary Policy & Financial Stability	2017
576	Mert Demirer, Francis X. Diebold, Laura Liu, Kamil Yilmaz	Estimating global bank network connectedness	Monetary Policy & Financial Stability	2017
575	Francis X. Diebold, Laura Liu, Kamil Yilmaz	Commodity Connectedness	Monetary Policy & Financial Stability	2017
563	Christiane Baumeister, Reinhard Ellwanger, Lutz Kilian	Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?	Monetary Policy & Financial Stability	2016
559	Martin Goetz	Competition and Bank Stability	Monetary Policy & Financial Stability	2016
555	Salomon Faure, Hans Gersbach	Money Creation and Destruction	Monetary Policy & Financial Stability	0
545	Otto Randl, Josef Zechner	Sovereign Reputation and Yield Spreads: A Case Study on Retroactive Legislation	Monetary Policy & Financial Stability	0
541	Patrick Augustin, Menachem Brenner, Gunnar Grass, Marti G. Subrahmanyam	How do Insiders Trade?	Monetary Policy & Financial Stability	2016
539	Carlo Altavilla, Marco Pagano, Saverio Simonelli	Bank Exposures and Sovereign Stress Transmission	Monetary Policy & Financial Stability	2016
538	Volker Brühl	How to define a Systemically Important Financial Institution (SIFI) – a new perspective	Monetary Policy & Financial Stability	2016
532	Ludger Schuknecht	The supply of “safe” assets and fiscal policy	Monetary Policy & Financial Stability	2016
529	Qing He, Liping Lu, Steven Ongena	Who Gains from Credit Granted between Firms? Evidence from Inter-corporate Loan Announcements Made in China	Monetary Policy & Financial Stability	2016
527	Dae Woong Kang, Nick Ligthart, Ashoka Mody	The European Central Bank: Building a Shelter in a Storm	Monetary Policy & Financial Stability	2015
525	Christiane Baumeister, Lutz Kilian	Forty Years of Oil Price Fluctuations: Why the Price of Oil May Still Surprise Us	Monetary Policy & Financial Stability	2015
524	Roman Kräussl, Thorsten Lehnert, Sigita Senulyte	Euro Crash Risk	Monetary Policy & Financial Stability	2015
523	William Schulze, David Deeds, Robert Wuebker, Roman Kräussl	Toward a Pecking Order Theory of Strategic Resource Deployment	Monetary Policy & Financial Stability	2015	Resource Acquisition, Dynamic Capabilities, Venture Capital
522	Ronald Bosman, Roman Kräussl, Elizaveta Mirgorodskaya	The “Tone Effect” of News on Investor Beliefs: An Experimental Approach	Monetary Policy & Financial Stability	2015	Tone, News, Framing Effect, Price Expectations, Investor Sentiment, Investment Decisions, Experiment
521	Otmar Issing	Completing the Unfinished House: Towards a Genuine Economic and Monetary Union?	Monetary Policy & Financial Stability	2015
520	Refet S. Gürkaynak, Zeynep Kantur, M. Anil Tas, Secil Yildirim	Monetary Policy in Turkey after Central Bank Independence	Monetary Policy & Financial Stability	2015	Turkey, CBRT, monetary policy, fiscal policy
515	Stefan Gerlach, Peter Kugler	Back to Gold: Sterling in 1925	Monetary Policy & Financial Stability	2015	Gold Standard, Sterling, exchange rate, PPP, expectations
514	Stefan Gerlach, Reamonn Lydon, Rebecca Stuart	Unemployment and Inflation in Ireland: 1926-2012	Monetary Policy & Financial Stability	2015	Ireland, historical statistics, inflation, unemployment, import prices
513	Stefan Gerlach, Rebecca Stuart	Money, Interest Rates and Prices in Ireland, 1933-2012	Monetary Policy & Financial Stability	2015	Ireland, historical statistics, long time series, business cycles, SVAR
511	Judit Temesvary, Steven Ongena, Ann Owen	A Global Lending Channel Unplugged? Does U.S. Monetary Policy Affect Cross‐Border and Affiliate Lending by Global U.S. Banks?	Monetary Policy & Financial Stability	2015	bank lending channel, monetary transmission, global banking, cross‐country analysis
510	Troy Davig, Refet S. Gürkaynak	Is Optimal Monetary Policy Always Optimal?	Monetary Policy & Financial Stability	2015	Central Banking, Monetary Policy, Fiscal Policy, Optimal Policy, Optimal Policy Mix
509	Christina Bannier, Carolin Schürg	Corporate Investment, Debt and Liquidity Choices in the Light of Financial Constraints and Hedging Needs	Monetary Policy & Financial Stability	2015	Cash flow sensitivity, investment, debt issuance, cash holdings
508	Carolina Achury, Christos Koulovatianos, John Tsoukalas	Political Economics of External Sovereign Defaults	Monetary Policy & Financial Stability	2015	sovereign debt, rent seeking, world interest rates, international lending, incentive compatibility, tragedy of the commons, EU crisis, Grexit, Graccident
505	Andrea Silvestrini, Andrea Zaghini	Financial Shocks and the Real Economy in a Nonlinear World: From Theory to Estimation	Monetary Policy & Financial Stability	2015	financial crisis, nonlinearities, financial shocks
504	Florian Hense	Interest Rate Elasticity of Bank Loans: The Case for Sector-Specific Capital Requirements	Monetary Policy & Financial Stability	2015	Bank loans, disaggregation, interest rate elasticity, macro-prudential tools
503	John Coglianese, Lucas W. Davis, Lutz Kilian, James H. Stock	Anticipation, Tax Avoidance, and the Price Elasticity of Gasoline Demand	Monetary Policy & Financial Stability	2015
502	Lutz Hendricks, Oksana Leukhina	How Risky is College Investment?	Monetary Policy & Financial Stability, Household Finance & Retail Banking	2015	Education, College dropout risk
501	Christiane Baumeister, Lutz Kilian	Understanding the Decline in the Price of Oil Since June 2014	Monetary Policy & Financial Stability	2015	Oil price declines, OPEC, oil supply, oil demand, shale oil
500	Christiane Baumeister, Lutz Kilian, Thomas K. Lee	Inside the Crystal Ball: New Approaches to Predicting the Gasoline Price at the Pump	Monetary Policy & Financial Stability	2015	Retail gasoline price, oil market, real-time data, WTI, Brent, survey expectations, expert forecasts, forecast combination
499	Lutz Kilian	The Impact of the Shale Oil Revolution on U.S. Oil and Gasoline Prices	Financial Stability and Banking Regulation	2014	Shale oil, unconventional oil, tight oil, infrastructure, export ban, refining, U.S. oil independence, oil sands, capacity constraints, oil trade
498	Pablo Guerron-Quintana, Atsushi Inoue, Lutz Kilian	Impulse Response Matching Estimators for DSGE Models	Financial Stability and Banking Regulation	2014	Structural estimation, DSGE, VAR, impulse response, nonstandard asymptotics, bootstrap, weak identication, robust inference
496	Maria Bigoni, Gabriele Camera, Marco Casari	Money is More than Memory	Macro Finance	2014	Cooperation, intertemporal trade, experiments, social norms, social dilemmas
495	Ronald Bosman, Roman Kräussl, Thomas van Galen	Emotions-at-Risk: An Experimental Investigation into Emotions, Option Prices and Risk Perception	Financial Stability and Banking Regulation	2014	Risk perception, emotions, affect heuristic, option prices, experiment
494	Roman Kräussl	Art as an Alternative Asset Class: Risk and Return Characteristics of the Middle Eastern & Northern African Art Markets	Financial Stability and Banking Regulation	2014	Alternative investments, Art price index, Optimal Asset Allocation
493	Roman Kräussl, Thorsten Lehnert, Nicolas Martelin	Is There a Bubble in the Art Market?	Financial Stability and Banking Regulation	2014	Art market, Alternative investments, Speculative bubbles, Explosive behavior
492	Roman Kräussl, Elizaveta Mirgorodskaya	News Media Sentiment and Investor Behavior	Financial Stability and Banking Regulation	2014	Investor behavior, News media sentiment, Financial market crises, Pricing bubbles, Framing effects
490	Hans A. Holter, Dirk Krueger, Serhiy Stepanchuk	How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves?	Monetary Policy and Financial Markets	2014	Progressive Taxation, Fiscal Policy, Laffer Curve, Government Debt
489	Sylwia Hubar, Christos Koulovatianos, Jian Li	Fitting Parsimonious Household-Portfolio Models to Data	Monetary Policy and Financial Markets	2014	Epstein-Zin-Weil recursive preferences, subsistence consumption, household-portfolio shares, business equity, wealth inequality
487	Lutz Hendricks, Oksana Leukhina	The Return to College: Selection and Dropout Risk	Monetary Policy and Financial Markets	2014	Education, College premium, College dropout risk
486	Marco Pagano	Lessons from the European Financial Crisis	Financial Stability and Banking Regulation	2014	bank regulation, euro, financial crisis, sovereign exposures, forbearance, bank resolution, bank capital requirements
484	Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt	Do Demographics Prevent Consumer Aggregates from Reflecting Micro-Level Preferences?	Monetary Policy and Financial Markets	2014	Linear Aggregation, Dynamic Representative Consumer, Household-Size Economies, Equivalent Incomes, Survey Method
483	Wanda Mimra, Achim Wambach	A Note on Uniqueness in Game-Theoretic Foundations of the Reactive Equilibrium	Financial Stability and Banking Regulation	2014	asymmetric information, competitive insurance market, contract addition, reactive equilibrium
481	Marco Pagano	Dealing with Financial Crises: How Much Help from Research?	Financial Stability and Banking Regulation	2014	financial crisis, risk taking, systemic risk, financial regulation, monetary policy, politics
478	Anders Warne, Günter Coenen, Kai Christoffel	Marginalized Predictive Likelihood Comparisons of Linear Gaussian State-Space Models with Applications to DSGE, DSGE-VAR, and VAR Models	Monetary Policy and Financial Markets	2014	Bayesian inference, density forecasting, Kalman filter, missing data, Monte Carlo integration, predictive likelihood
476	Christina Bannier, Markus Wiemann	Performance-Sensitive Debt – the Intertwined Effects of Performance Measurement and Pricing Grid Asymmetry	Financial Stability and Banking Regulation	2014	Performance pricing, performance-sensitive debt, accounting data, credit ratings, underinvestment, collateral
475	Christina Bannier, Eberhard Feess, Natalie Packham	Incentive Schemes, Private Information and the Double-Edged Role of Competition for Agents	Financial Stability and Banking Regulation	2014	Incentive compensation, screening, imperfect labor market competition, vertical differentiation, cross-subsidy
474	Steven Ongena, Ibolya Schindele, Dzsamila Vonnak	In Lands of Foreign Currency Credit, Bank Lending Channels Run Through?	Financial Stability and Banking Regulation	2014	Bank balance-sheet channel, monetary policy, foreign currency lending
473	Fabian Kindermann, Dirk Krueger	High Marginal Tax Rates on the Top 1%?	Monetary Policy and Financial Markets	2014	Progressive Taxation, Top 1%, Social Insurance, Income Inequality
472	Gianmarco Ottaviano, João Paulo Pessoa, Thomas Sampson, John Van Reenen	The Costs and Benefits of Leaving the EU	Macro Finance	2014	Trade, European Union, welfare
470	Gianmarco Ottaviano	European Integration and the Gains from Trade	Macro Finance	2014	Gains from trade, European integration, Quantitative trade models, Gravity equations, Structural estimation
469	Gianmarco Ottaviano, Filipe Lage de Sousa	Relaxing Credit Constraints in Emerging Economies: The Impact of Public Loans on the Performance of Brazilian Manufacturers	Macro Finance	2014	heterogeneous firms, productivity, public policy analysis, credit constraints
466	Christiane Baumeister, Lutz Kilian	A General Approach to Recovering Market Expectations from Futures Prices with an Application to Crude Oil	Monetary Policy and Financial Markets	2014
463	Piergiorgio Alessandri, Sergio Masciantonio, Andrea Zaghini	Everything you always wanted to know about systemic importance (but were afraid to ask)	Monetary Policy and Financial Markets	2014
460	Lutz Kilian, Robert J. Vigfusson	The Role of Oil Price Shocks in Causing U.S. Recessions	Monetary Policy and Financial Markets	2014
457	Laura Moretti	Monetary Policy, Long Real Yields and the Financial Crisis	Monetary Policy and Financial Markets	2014
456	Orcun Kaya, Lulu Wang	The Role of Bank Lending Tightening on Corporate Bond Issuance in the Eurozone	Financial Stability and Banking Regulation	2014
454	Andrea Zaghini	Bank Bonds: Size, Systemic Relevance and the Sovereign	Monetary Policy and Financial Markets	2014
453	Elias Aptus, Volker Britz, Hans Gersbach	On the Economics of Crisis Contracts	Macro Finance	2014
451	Laura Moretti	The determinants of inflation differentials in the euro area	Monetary Policy and Financial Markets	2014
449	Engelbert J. Dockner, Manuel Mayer, Josef Zechner	Sovereign Bond Risk Premiums	Financial Stability and Banking Regulation	2013
448	Johann Reindl, Neal Stoughton, Josef Zechner	Market Implied Costs of Bankruptcy	Financial Stability and Banking Regulation	2013
447	Jaewon Choi, Dirk Hackbarth, Josef Zechner	Granularity of Corporate Debt	Financial Stability and Banking Regulation	2013
445	Rong Hai, Dirk Krueger, Andrew Postlewaite	On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods	Monetary Policy and Financial Markets	2013
443	Christiane Baumeister, Pierre Guérin, Lutz Kilian	Do High-Frequency Financial Data Help Forecast Oil Prices? The MIDAS Touch at Work	Monetary Policy and Financial Markets	2013
439	Arthur Korteweg, Roman Kräussl, Patrick Verwijmeren	Does it Pay to Invest in Art? A Selection-corrected Returns Perspective	Financial Stability and Banking Regulation	2013
438	Luiz Félix, Roman Kräussl, Philip Stork	The 2011 European Short Sale Ban on Financial Stocks: A Cure or a Curse?	Financial Stability and Banking Regulation	2013
432	Christiane Baumeister, Lutz Kilian	Forecasting the Real Price of Oil in a Changing World: A Forecast Combination Approach	Monetary Policy and Financial Markets	2013
431	Christiane Baumeister, Lutz Kilian	Do Oil Price Increases Cause Higher Food Prices?	Monetary Policy and Financial Markets	2013
430	Christiane Baumeister, Lutz Kilian, Xiaoqing Zhou	Are Product Spreads Useful for Forecasting? An Empirical Evaluation of the Verleger Hypothesis	Monetary Policy and Financial Markets	2013
427	Günter Coenen, Anders Warne	Risks to Prize Stability, the Zero Lower Bound and Forward Guidance: A Real-Time Assessment	Monetary Policy and Financial Markets	2013
425	Hans-Joachim Dübel	The Capital Structure of Banks and Practice of Bank Restructuring	Financial Stability and Banking Regulation	2013
424	Daniele Pianeselli, Andrea Zaghini	The Cost of Firms’ Debt Financing	Monetary Policy and Financial Markets	2013
423	Otmar Issing	A New Paradigm for Monetary Policy?	Monetary Policy and Financial Markets	2013
421	Otmar Issing, Volker Wieland	Monetary Theory and Monetary Policy: Reflections on the development over the last 150 years	Monetary Policy and Financial Markets	2012
420	Laura Moretti, Toru Suzuki	Strategic Transparency and Electoral Pressure	Financial Stability and Banking Regulation	2012
419	Harold L. Cole, Soojin Kim, Dirk Krueger	Analyzing the Effects of Insuring Health Risks - On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs	Monetary Policy and Financial Markets	2012
418	Carmen Lee, Roman Kräussl, Leo Paas	The Effect of Anticipated and Experienced Regret and Pride on Investors’ Future Selling Decisions	Financial Stability and Banking Regulation	2012
417	Roman Kräussl, Stefan Krause	Has Europe Been Catching Up? An Industry Level Analysis of Venture Capital Success over 1985–2009	Financial Stability and Banking Regulation	2012
416	Robert Wuebker, William Schulze, Roman Kräussl	Is Venture Capital a Local Business? A Test of the Proximity and Local Network Hypotheses	Financial Stability and Banking Regulation	2012
415	Fabian Bornhorst, Ashoka Mody	Test of the German Resilience	Financial Stability and Banking Regulation	2012
414	Adrian Alter, Andreas Beyer	The Dynamics of Spillover Effects during the European Sovereign Debt Turmoil	Monetary Policy and Financial Markets	2012
413	John F. Cogan, John B. Taylor, Volker Wieland, Maik Wolters	Fiscal Consolidation Strategy	Monetary Policy and Financial Markets	2012
412	Athanasios Orphanides, Volker Wieland	Complexity and Monetary Policy	Monetary Policy and Financial Markets	2012
407	Otmar Issing	Central Banks - Paradise Lost (Mayekawa Lecture held on May 30, 2012)	Monetary Policy and Financial Markets	2012
404	Volker Wieland, Tobias Cwik, Sebastian Schmidt, Maik Wolters	A New Comparative Approach to Macroeconomic Modeling and Policy Analysis	Monetary Policy and Financial Markets	2012	Going-private Decisions, VC-backed IPOs, Corporate Governance
402	Laura Moretti	Inflation Targeting and Product Market Deregulation	Financial Stability and Banking Regulation	2012	Inflation Targeting, Product Market Deregulation, Difference ind Difference
401	Neil A. Doherty, Christian Laux, Alexander Muermann	Insuring Non-Verifiable Losses	Financial Stability and Banking Regulation	2011
400	Konstantinos Voutsinas, Richard A. Werner	New Evidence on the Effectiveness of ‘Quantitative Easing’ in Japan	Monetary Policy and Financial Markets	2011
399	Victor Lyonnet, Richard A. Werner	The Lessons from QE and Other ‘Unconventional’ Monetary Policies – Evidence from the Bank of England	Monetary Policy and Financial Markets	2011
396	Richard A. Werner	The Unintended Consequences of the Debt - - - Will Increased Government Expenditure Hurt the Economy?	Monetary Policy and Financial Markets	2011
393	Jingjing Chai, Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla	Lifecycle Impacts of the Financial and Economic Crisis on Household Optimal Consumption, Portfolio Choice, and Labor Supply	Financial Stability and Banking Regulation	2011
392	Stefan Gerlach, Laura Moretti	Monetary Policy and TIPS Yields Before the Crisis	Monetary Policy and Financial Markets	2011
390	Marcel Bluhm	Investigating the Monetary Policy of Central Banks with Assessment Indicators	Financial Stability and Banking Regulation	2011
389	Marcel Bluhm, Jan Pieter Krahnen	Default Risk in an Interconnected Banking System with Endogeneous Asset Markets	Financial Stability and Banking Regulation	2011
384	Laura Moretti	Transparency and Emerging Market Bond Spreads	Financial Stability and Banking Regulation	2011
383	Otmar Issing	Lessons for Monetary Policy: What Should the Consensus Be?	Financial Stability and Banking Regulation	2011
382	Charles Goodhart	The Emerging New Architecture of Financial Regulation	Financial Stability and Banking Regulation	2011
381	Xavier Freixas, Christian Laux	Disclosure, Transparency, and Market Discipline	Financial Stability and Banking Regulation	2011
380	Reint Gropp, Christian Hirsch, Jan Pieter Krahnen	Is Rated Debt Arm’s Length? Evidence from Mergers and Acquisitions	Financial Stability and Banking Regulation	2011
376	Carolina Achury, Sylwia Hubar, Christos Koulovatianos	Saving Rates and Portfolio Choice with Subsistence Consumption	Monetary Policy and Financial Markets	2011
371	Mathias Hoffmann, Michael U. Krause, Thomas Laubach	Long-run Growth Expectations and "Global Imbalace"	Monetary Policy and Financial Markets	2011
370	Ester Faia	Credit Risk Transfers and the Macroeconomy	Credit Management & Credit Markets	2011
369	Ignazio Angeloni, Ester Faia, Roland Winkler	Exit Strategies	Credit Management & Credit Markets	2011
368	Roman Kräussl, André Lucas, Arjan Siegmann	Risk Aversion under Preference Uncertainty	Credit Management & Credit Markets	2011
367	Carmen Lee, Roman Kräussl, André Lucas, Leo Paas	Why Do Investors Sell Losers? How Adaptation to Losses Affects Future Capitulation Decisions	Credit Management & Credit Markets	2011
364	Mahmoud Botshekan, Roman Kraeussl, André Lucas	Cash Flow and Discount Rate Risk in Up and Down Markets: What Is Actually Priced?	Credit Management & Credit Markets	2011
352	Volker Wieland, Maik H. Wolters	The Diversity of Forecasts from Macroeconomic Models of the U.S. Economy	Central Banking & Monetary Economics	2011
351	Antje Brunner, Jan Pieter Krahnen	Hold-Up in Multiple Banking: Evidence from SME Lending	Credit Management & Credit Markets	2011
350	Roman Kräussl, André Lucas, David R. Rijsbergen, Pieter Jelle van der Sluis, Evert B. Vrugt	Washington Meets Wall Street: A Closer Examination of the Presidential Cycle Puzzle	Credit Management & Credit Markets	2011
349	Sander J.J. Konijn, Roman Kräussl, André Lucas	Blockholder Dispersion and Firm Value	Credit Management & Credit Markets	2011
348	Narasimhan Jegadeesh, Roman Kräussl, Joshua Pollet	Risk and Expected Returns of Private Equity Investments: Evidence Based on Market Prices	Credit Management & Credit Markets	2011
347	Roman Kräussl, Christian Wiehenkamp	A Call on Art Investments	Credit Management & Credit Markets	2011
346	Roman Kräussl, Stefan Krause	Are particular industries more likely to succeed? A comparative analysis of VC investment in the U.S. and Europe	Credit Management & Credit Markets	2011
344	Günter Beck, Kirstin Hubrich, Massimiliano Marcellino	On the Importance of Sectoral Shocks for Price-setting	Central Banking & Monetary Economics	2009
342	Volker Wieland	Quantitative Easing: A Rationale and Some Evidence from Japan	Central Banking & Monetary Economics	2009
338	Volker Wieland	Fiscal Stimulus and the Promise of Future Spending Cuts: A Comment	Central Banking & Monetary Economics	2009
337	Tobias Cwik, Volker Wieland	Keynesian Government Spending Multipliers and Spillovers in the Euro Area	Central Banking & Monetary Economics	2009
336	Otmar Issing	Politischer Wille oder ökonomisches Gesetz? - Einige Anmerkungen zu einem großen Thema -	Central Banking & Monetary Economics	2009
334	Christian Laux, Christian Leuz	Did Fair-Value Accounting Contribute to the Financial Crisis?	Insurance & Risk Transfer	2009
333	John B. Taylor, Volker Wieland	Surprising Comparative Properties of Monetary Models: Results from a New Data Base	Central Banking & Monetary Economics	2009
331	Günter Beck, Volker Wieland	Money in Monetary Policy Design: Monetary Cross-Checking in the New-Keynesian Model	Central Banking & Monetary Economics	2009
329	John F. Cogan, Tobias Cwik, John B. Taylor, Volker Wieland	New Keynesian versus Old Keynesian Government Spending Multipliers	Central Banking & Monetary Economics	2009
325	Jan Pieter Krahnen, Günter Franke	Instabile Finanzmärkte	Credit Management & Credit Markets	2009
323	Jan Pieter Krahnen, Christian Wilde	CDOs and Systematic Risk: Why Bond Ratings are Inadequate	Credit Management & Credit Markets	2009
321	Christian Laux, Christian Leuz	The Crisis of Fair Value Accounting: Making Sense of the Recent Debate	Insurance & Risk Transfer	2009
313	Andreas Beyer, Vítor Gaspar, Christina Gerberding, Otmar Issing	Opting out of the Great Inflation: German Monetary Policy after the Break Down of Bretton Woods	Central Banking & Monetary Economics	2009
310	Christian Laux	Corporate Insurance Design with Multiple Risks and Moral Hazard	Insurance & Risk Transfer	2008
294	Rachel J. Huang, Alexander Muermann, Larry Y. Tzeng	Hidden Regret in Insurance Markets: Adverse and Advantageous Selection	Insurance & Risk Transfer	2008
293	Alexander Muermann, Stephen H. Shore	Monopoly Power Limits Hedging	Insurance & Risk Transfer	2008
292	Roman Inderst	Retail Finance: Bringing in the Supply Side	Credit Management & Credit Markets	2008
288	Francis X. Diebold, Georg H. Strasser	On the Correlation Structure of Microstructure Noise in Theory and Practice	Risk Management	2008
287	Günter Franke, Jan Pieter Krahnen	The Future of Securitization - REVISED VERSION	Credit Management & Credit Markets	2008
286	Katrin Assenmacher-Wesche, Stefan Gerlach	Financial Structure and the Impact of Monetary Policy on Asset Prices	Central Banking & Monetary Economics	2008
285	Tobias J. Cwik, Gernot J. Müller, Maik H. Wolters	Does Trade Integration Alter Monetary Policy Transmission?	Central Banking & Monetary Economics	2008
283	Francis X. Diebold, Canlin Li, Vivian Z. Yue	Global Yield Curve Dynamics and Interactions: A Dynamic Nelson-Siegel Approach	Risk Management	2008
282	Francis X. Diebold, Kamil Yilmaz	Measuring Financial Asset Return and Volatilty Spillovers, with Application to Global Equity Markets	Risk Management	2008
281	Günter Beck, Volker Wieland	Central Bank Misperceptions and the Role of Money in Interest Rate Rules	Central Banking & Monetary Economics	2008
280	Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt	Confronting the Robinson Crusoe paradigm with household-size heterogeneity	Central Banking & Monetary Economics	2008
279	Jin Cao, Gerhard Illing	Endogenous Systemic Liquidity Risk	Central Banking & Monetary Economics	2008
278	Zeno Enders, Gernot J. Müller, Almut Scholl	How do Fiscal and Technology Shocks affect Real Exchange Rates? New Evidence from the United States	Central Banking & Monetary Economics	2008
273	Volker Wieland	Learning, Endogenous Indexation and Disinflation in the New-Keynesian Model	Central Banking & Monetary Economics	2008
272	Athanasios Orphanides, Volker Wieland	Economic Projections and Rules-of-Thumb for Monetary Policy	Central Banking & Monetary Economics	2008
271	Jan Pieter Krahnen, Christian Wilde	Risk Transfer with CDOs	Credit Management & Credit Markets	2008
270	Stefan Mittnik, Tina Yener	Value-at-Risk and Expected Shortfall for Rare Events	Risk Management	2008
269	Serena Lamartina, Andrea Zaghini	Increasing Public Expenditures: Wagner’s Law in OECD Countries	Central Banking & Monetary Economics	2008
267	Niels van Elsland, Roman Kräussl	Constructing the True Art Market Index - A Novel 2-Step Hedonic Approach and its Application to the German Art Market	Credit Management & Credit Markets	2008
266	Roman Kräussl, Alan Muller	Do Markets Love Misery? Stock Prices and Corporate Philanthropic Disaster Response	Credit Management & Credit Markets	2008
264	Markus Haas, Stefan Mittnik	Multivariate Regime–Switching GARCH with an Application to International Stock Markets	Risk Management	2008
263	Markus Haas, Stefan Mittnik, Mark S. Paolella	Asymmetric Multivariate Normal Mixture GARCH	Risk Management	2008
262	Charles Grant, Christos Koulovatianos, Alex Michaelides, Mario Padula	Evidence on the Insurance Effect of Marginal Income Taxes	Central Banking & Monetary Economics	2008
260	Elena Carletti, Philipp Hartmann, Steven Onega	The Economic Impact of Merger Control Legislation	Credit Management & Credit Markets	2008
258	Christian Hirsch, Christina Bannier	The Economics of Rating Watchlists: Evidence from Rating Changes	Credit Management & Credit Markets	2008
248	Franklin Allen, Elena Carletti, Robert Marquez	Stakeholder Capitalism, Corporate Governance and Firm Value	Credit Management & Credit Markets	2007	Firm Objective, Bankruptcy, Competition, Stakeholder Governance
246	Christian Offermanns, Marcus Pramor	The CFS International Capital Flow Database: A User’s Guide	International Economics	2007
245	Michael Binder, Christian Offermanns	International Investment Positions and Exchange Rate Dynamics: A Dynamic Panel Analysis	International Economics	2007
244	Howard Kunreuther, Alexander Muermann	Self-Protection and Insurance with Interdependencies	Insurance & Risk Transfer	2007
240	Günter Beck, Volker Wieland	Money in Monetary Policy Design under Uncertainty: A Formal Characterization of ECB-Style Cross-Checking	Central Banking & Monetary Economics	2007
239	Günter Beck, Volker Wieland	Money in Monetary Policy Design under Uncertainty: The Two-Pillar Phillips Curve versus ECB-Style Cross-Checking	Central Banking & Monetary Economics	2007	Monetary Policy, Quantity Theory, Phillips Curve, European Central Bank, Policy Under Uncertainty
238	Silvio Colarossi, Andrea Zaghini	Gradualism, Transparency and Improved Operational Framework: A Look at the Overnight Volatility Transmission	Central Banking & Monetary Economics	2007
236	Jean Boivin, Marc P. Giannoni, Ilian Mihov	Sticky Prices and Monetary Policy: Evidence from Disaggregated U.S. Data	Central Banking & Monetary Economics	2007
235	Virgiliu Midrigan	Menue Costs, Mulit-Product Firms, and Aggregate Fluctautions	Central Banking & Monetary Economics	2007
234	Michael Woodford	Robustly Optimal Monetary Polica with Near-Rational Expectations	Central Banking & Monetary Economics	2007
233	Lars E.O. Svensson, Noah Williams	Bayesian and Adaptive Optimal Policy under Model Uncertainty	Central Banking & Monetary Economics	2007
232	Alessandro Calza, Tommaso Monacelli, Livio Stracca	Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter?	Central Banking & Monetary Economics	2007
231	Mark Gertler, Antonella Trigari	Unemployment Fluctuations with Staggered Nash Bargaining	Central Banking & Monetary Economics	2007
230	Olivier Blanchard, Jordi Galí	A New Keynesian Model with Unemployment	Central Banking & Monetary Economics	2007
229	Kai Christoffel, Keith Kuester, Tobias Linzert	Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model	Central Banking & Monetary Economics	2007
228	Gauti B. Eggertsson, Benjamin Pugsley	The Mistake of 1937: A General Equilibrium Analysis	Central Banking & Monetary Economics	2007
227	Michael Bordo, Christopher Erceg, Andrew Levin, Ryan Michaels	Three Great American Disinflations	Central Banking & Monetary Economics	2007
226	Michael Sonnenholzner, Achim Wambach	On the Role of Patience in an Insurance Market with Asymmetric Information	Insurance & Risk Transfer	2007
225	Michael Binder, Volker Wieland	The European Central Bank	International Economics, Central Banking & Monetary Economics	2007
224	Francis X. Diebold, Kamil Yilmaz	Measuring Financial Asset Return and Volatility Spillovers, With Application to Global Equity Markets	Risk Management	2007
223	Günter Beck, Kirsten Hubrich, Massimiliano Marcellino	Regional Inflation Dynamics within and across Euro Area Countries and a Comparison with the US	Central Banking & Monetary Economics	2007
220	Siem Jan Koopman, Roman Kräussl, André Lucas, André Monteiro	Credit Cycles and Macro Fundamentals	Credit Management & Credit Markets	2006
219	Rachel A. Campbell, Roman Kräussl	Does Patience Pay? Empirical Testing of the Option to Delay Accepting a Tender Offer in the U.S. Banking Sector	Credit Management & Credit Markets	2006
218	Rachel A. Campbell, Roman Kräussl	Revisiting the Home Bias Puzzle. Downside Equity Risk	Credit Management & Credit Markets	2006
217	Joao Miguel Sousa, Andrea Zaghini	Global Monetary Policy Shocks in the G5: A SVAR Approach	Central Banking & Monetary Economics	2006
215	Christian Gollier, Alexander Muermann	Optimal Choice and Beliefs with Ex Ante Savoring and Ex Post Disappointment	Insurance & Risk Transfer	2006
214	Christian Laux, Uwe Walz	Tying Lending and Underwriting: Scope Economies, Incentives, and Reputation	Entrepreneurial Finance, Insurance & Risk Transfer	2006
213	Christian Laux, Alexander Muermann	Mutual versus Stock Insurers: Fair Premium, Capital, and Solvency	Insurance & Risk Transfer	2006
212	Bea Canto, Roman Kräussl	Stock Market Interactions and the Impact of Macroeconomic News – Evidence from High Frequency Data of European Futures Markets	Credit Management & Credit Markets	2006
211	Toker Doganoglu, Christoph Hartz, Stefan Mittnik	Portfolio Optimization when Risk Factors are Conditionally Varying and Heavy Tailed	Risk Management	2006
210	Christoph Hartz, Stefan Mittnik, Marc S. Paolella	Accurate Value-at-Risk Forecast with the (good) old Normal-GARCH Model	Risk Management	2006
209	Dirk Krueger, Hanno Lustig, Fabrizio Perri	Evaluating Asset Pricing Models with Limited Commitment using Household Consumption Data	Central Banking & Monetary Economics	2006
208	Juan Carlos Conesa, Sagiri Kitao, Dirk Krueger	Taxing Capital? Not a Bad Idea After All!	Central Banking & Monetary Economics	2006
205	Dirk Krueger, Alexander Ludwig	On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare	Central Banking & Monetary Economics	2006
204	Franklin Allen, Elena Carletti	Mark-to-Market Accounting and Liquidity Pricing	Credit Management & Credit Markets	2006
200	Lars Jonung, Ludger Schuknecht, Mika Tujula	The Boom-Bust Cycle in Finland and Sweden 1984-1995 in an International Perspective	Central Banking & Monetary Economics	2006
196	Markus Haas, Stefan Mittnik, Marc S. Paolella	Multivariate Normal Mixture GARCH	Risk Management	2006
195	Elena Carletti, Philipp Hartmann, Giancarlo Spagnolo	Bank Mergers, Competition and Liquidity	Credit Management & Credit Markets	2006
194	Alexander Muermann, Stephen H. Shore	Strategic Trading and Manipulation with Spot Market Power	Insurance & Risk Transfer	2006
193	Jan Pieter Krahnen, Frank A. Schmid, Erik Theissen	Investment Performance and Market Share: A Study of the German Mutual Fund Industry	Credit Management & Credit Markets	2006
192	Jan Pieter Krahnen	Die Stabilität von Finanzmärkten - Wie kann die Wirtschaftspolitik Vertrauen schaffen?	Credit Management & Credit Markets	2006
191	Jan Pieter Krahnen, Christian Wilde	Risk Transfer with CDOs and Systemic Risk in Banking	Credit Management & Credit Markets	2006
190	Panos Parpas, Berc Rustem, Volker Wieland, Stan Zakovic	Mean Variance Optimization of Non-Linear Systems and Worst-case Analysis	Central Banking & Monetary Economics	2006
188	M. Hashem Pesaran	Market Efficiency Today	International Economics	2006
187	Fulvio Corsi, Uta Kretschmer, Stefan Mittnik, Christian Pigorsch	The Volatility of Realized Volatility	Risk Management	2005
185	Günter Beck, Axel A. Weber	Inflation Rate Dispersion and Convergence in Monetary and Economic Unions: Lessons for the ECB	Central Banking & Monetary Economics	2005
184	Axel A. Weber, Günter Beck	Price Stability, Inflation Convergence and Diversity in EMU: Does One Size Fit All?	Central Banking & Monetary Economics	2005
179	Franklin Allen, Elena Carletti	Credit Risk Transfer and Contagion	Credit Management & Credit Markets	2005
178	Neil A. Doherty, Alexander Muermann	Insuring the Uninsurable: Brokers and Incomplete Insurance Contracts	Insurance & Risk Transfer	2005
177	Franklin Allen, Elena Carletti, Robert Marquez	Credit Market Competition and Capital Regulation	Credit Management & Credit Markets	2005
176	Sean D. Campbell, Francis X. Diebold	Stock Returns and Expected Business Conditions: Half a Century of Direct Evidence	Risk Management	2005
175	Silke Brandts, Christian Laux	ART Versus Reinsurance: The Disciplining Effect of Information Insensitivity	Insurance & Risk Transfer	2005
173	Yunus Aksoy, Athanasios Orphanides, David Small, Volker Wieland, David Wilcox	A Quantitative Exploration of the Opportunistic Approach to Disinflation	Central Banking & Monetary Economics	2005
171	Roberto M. Billi	The Optimal Inflation Buffer with a Zero Bound on Nominal Interest Rates	Central Banking & Monetary Economics	2005
170	Klaus Adam, Roberto M. Billi	Discretionary Monetary Policy and the Zero Lower Bound on Nominal Interest Rates	Central Banking & Monetary Economics	2005
169	Dirk Krueger, Fabrizio Perri	Does Income Inequality Lead to Consumption Inequality? Evidence and Theory	Central Banking & Monetary Economics	2005
168	Berc Rustem, Volker Wieland, Stan Zakovic	Stochastic Optimization and Worst-Case Analysis in Monetary Policy Design	Central Banking & Monetary Economics	2005
167	Keith Kuester, Volker Wieland	Insurance Policies for Monetary Policy in the Euro Area	Central Banking & Monetary Economics	2005
166	Dirk Krueger, Felix Kubler	Pareto Improving Social Security Reform when Financial Markets are Incomplete!?	Central Banking & Monetary Economics	2005
165	Markus Haas, Stefan Mittnik, Marc S. Paolella	Modeling and Predicting Market Risk With Laplace-Gaussian Mixture Distributions	Risk Management	2005
164	Juan Carlos Conesa, Dirk Krueger	On the Optimal Progressivity of the Income Tax Code	Central Banking & Monetary Economics	2005
163	Markus Haas, Stefan Mittnik, Bruce Mizrach	Assessing Central Bank Credibility During the ERM Crises: Comparing Option and Spot Market-Based Forecasts	Risk Management	2005
162	Torben G. Andersen, Tim Bollerslev, Peter F. Christoffersen, Francis X. Diebold	Volatility Forecasting	Risk Management	2005
161	Dirk Krueger, Harald Uhlig	Competitive Risk Sharing Contracts with One-Sided Commitment	Central Banking & Monetary Economics	2005
160	Günter Franke, Jan Pieter Krahnen	Default Risk Sharing Between Banks and Markets: The Contribution of Collateralized Debt Obligations	Credit Management & Credit Markets	2005
159	Jan Pieter Krahnen	Der Handel von Kreditrisiken: Eine neue Dimension des Kapitalmarktes	Credit Management & Credit Markets	2005
158	Torben G. Andersen, Tim Bollerslev, Francis X. Diebold, Ginger Wu	A Framework for Exploring the Macroeconomic Determinants of Systematic Risk	Risk Management	2005
157	Francis X. Diebold, Monika Piazzesi, Glenn D. Rudebusch	Modeling Bond Yields in Finance and Macroeconomics	Risk Management	2005
156	Torben G. Andersen, Tim Bollerslev, Peter F. Christoffersen, Francis X. Diebold	Practical Volatility and Correlation Modeling for Financial Market Risk Management	Risk Management	2005
155	David E. Lindsey, Athanasios Orphanides, Robert H. Rasche	The Reform of October 1979: How It Happened and Why	Central Banking & Monetary Economics	2005
154	Eberhard Feess, Ulrich Hege	The Basel II Accord: Internal Ratings and Bank Differentiation	Financial Stability and Banking Regulation	2004
153	Athanasios Orphanides, John C. Williams	The Decline of Activist Stabilization Policy: Natural Rate Misperceptions, Learning, and Expectations	Central Banking & Monetary Economics	2004
152	Jordi Galí, J. David López-Salidoz, Javier Vallés	Understanding the Effects of Government Spending on Consumption	Central Banking & Monetary Economics	2004
150	Andreas Jobst	The Basle Securitisation Framework Explained: The Regulatory Treatment of Asset Securitisation	Financial Stability and Banking Regulation	2004
144	Klaus Adam, George W. Evans, Seppo Honkapohja	Are Stationary Hyperinflation Paths Learnable?	Central Banking & Monetary Economics	2004
143	Günter Coenen, Volker Wieland	Exchange-Rate Policy and the Zero Bound on Nominal Interest	Central Banking & Monetary Economics	2004
142	Klaus Adam, Roberto M. Billi	Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates	Central Banking & Monetary Economics	2004
138	Francis X. Diebold, Canlin Li	Forecasting the Term Structure of Government Bond Yields	International Economics	2004
133	Ester Faia, Tommaso Monacelli	Ramsey Monetary Policy and International Relative Prices	Central Banking & Monetary Economics	2004
127	Michael Ehrmann, Marcel Fratzscher	Equal size, equal role? Interest rate interdependence between the euro area and the United States	Central Banking & Monetary Economics	2003
126	Günter Beck	Nominal Exchange Rate Regimes and Relative Price Dispersion: On the Importance of Nominal Exchange Rate Volatility for the Width of the Border	International Economics	2003
125	Timothy Cogley, Sergei Morozov, Thomas J. Sargent	Bayesian Fan Charts for U.K. Inflation: Forecasting and Sources of Uncertainty in an Evolving Monetary System	Central Banking & Monetary Economics	2003
124	William A. Brock, Steven N. Durlauf, Kenneth D. West	Policy Evaluation in Uncertain Economic Environments	Central Banking & Monetary Economics	2003
123	Hehui Jin, Mordecai Kurz, Maurizio Motolese	The Role of Expectations in Economic Fluctuations and the Efficacy of Monetary Policy	Central Banking & Monetary Economics	2003
122	Sharon Kozicki, P.A. Tinsley	Permanent and Transitory Policy Shocks in an Empirical Macro Model with Asymmetric Information	Central Banking & Monetary Economics	2003
121	Athanasios Orphanides, John C. Williams	Imperfect Knowledge, Inflation Expectations, and Monetary Policy	Central Banking & Monetary Economics	2003
119	James Bullard, In-Koo Cho	Escapist Policy Rules	Central Banking & Monetary Economics	2003
118	George W. Evans, Bruce McGough	Monetary Policy, Indeterminacy and Learning	Central Banking & Monetary Economics	2003
115	Issam Hallak	Courts and Sovereign Eurobonds: Credibility of the Judicial Enforcement of Repayment	International Economics	2003
114	Issam Hallak	Bank Loans Non-Linear Structure of Pricing: Empirical Evidence from Sovereign Debts	International Economics	2003
113	Stefan Jaschke, Gerhard Stahl, Richard Stehle	Evaluating VaR Forecasts under Stress - The German Experience	Financial Stability and Banking Regulation	2003
112	Francis X. Diebold, Glenn D. Rudebusch, S. Boragan Aruoba	The Macroeconomy and the Yield Curve: A Nonstructural Analysis	Central Banking & Monetary Economics	2003
111	Markus Mentz, Steffen P. Sebastian	Inflation convergence after the introduction of the Euro	International Economics	2003
100	Karl-Hermann Fischer, Christian Pfeil	Regulation and Competition in German Banking: An Assessment	Financial Stability and Banking Regulation	2003
94	Günter Coenen, Athanasios Orphanides, Volker Wieland	Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero	Central Banking & Monetary Economics	2003
93	Klaus Adam	Optimal Monetary Policy with Imperfect Common Knowledge	Central Banking & Monetary Economics	2003
92	Stefan Reitz, Ralf Ahrens	Heterogeneous Expectations in the Foreign Exchange Market Evidence from the Daily Dollar/DM Exchange Rate	International Economics	2003
91	Stefan Reitz, Frank Westerhoff	Nonlinearities and Cyclical Behavior: The Role of Chartists and Fundamentalists	International Economics	2003
90	Günter Coenen, Volker Wieland	The Zero-Interest-Rate and the Role of the Exchange Rate for Monetary Policy in Japan	Central Banking & Monetary Economics	2003
89	Günter Coenen, Volker Wieland	A Small Estimated Euro Area Model with Rational Expectations and Nominal Rigidities	Central Banking & Monetary Economics	2003
88	Günter Coenen, Andrew Levin, Volker Wieland	Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy	Central Banking & Monetary Economics	2003
87	Andrew Levin, Volker Wieland, John C. Williams	The Performance of Forecast-Based Monetary Policy Rules under Model Uncertainty	Central Banking & Monetary Economics	2003
86	Volker Wieland	Monetary Policy and Uncertainty about the Natural Unemployment Rate	Central Banking & Monetary Economics	2003
85	Stefan Mittnik, Marc S. Paolella	Prediction of Financial Downside-Risk with Heavy-Tailed Conditional Distributions	Risk Management	2003
84	Klaus Adam	Learning and Equilibrium Selection in a Monetary Overlapping Generations Model with Sticky Prices	Central Banking & Monetary Economics	2003
83	Klaus Adam	On the Relation between Robust and Bayesian Decision Making	Risk Management	2003
82	Klaus Adam	Learning to Forecast and Cyclical Behavior of Output and Inflation	Central Banking & Monetary Economics	2003
79	Athanasios Orphanides	Activist Stabilization Policy and Inflation: The Taylor Rule in the 1970s	Central Banking & Monetary Economics	2002
75	Elke Hahn	Core Inflation in the Euro Area: An Application of the Generalized Dynamic Factor Model	Central Banking & Monetary Economics	2002
73	Marco Hoeberichts	The Credibility of Central Bank Announcements	Central Banking & Monetary Economics	2002
69	Bernd Kaltenhäuser	Return and Volatility Spillovers to Industry Returns: Does EMU Play a Role?	International Economics	2002
64	Axel A. Weber, Günter Beck	Economic Integration and the Exchange Rate Regime: How Damaging are Currency Crises?	International Economics	2001
63	Daniel Gross	Trade Flows and the International Business Cycle	International Economics	2001
62	Daniel Gross	Country-Specific and Global Shocks in the Business Cycle	International Economics	2001
60	Elke Hahn	Core Inflation in the Euro Area: Evidence from the Structural VAR Approach	Central Banking & Monetary Economics	2001
59	Yunus Aksoy, Tomasz Piskorski	Domestic Money and US Output and Inflation	Central Banking & Monetary Economics	2001
58	Axel A. Weber, Günter Beck	How Wide Are European Borders? On the Integration Effects of Monetary Unions	International Economics	2001
56	Ralf Ewert, Andrea Szczesny	Countdown for the New Basle Capital Accord. Are German Banks ready for the Internal Ratings-Based Approach?	Financial Stability and Banking Regulation	2001
54	Markus Kern, Bernd Rudolph	Comparative Analysis of Alternative Credit Risk Models - an Application on German Middle Market Loan Portfolios	Credit Management & Credit Markets	2001
53	Roland Beck	Do Country Fundamentals Explain Emerging Market Bond Spreads?	International Economics	2001
51	Roland Eisen	(Partial) Privatization Social Security: The Chilean Model - A Lesson to Follow?	International Economics	2000
48	Antje Brunner, Jan Pieter Krahnen, Martin Weber	Information Production in Credit Relationships: On the Role of Internal Ratings in Commercial Banking	Credit Management & Credit Markets	2000
47	Carsten Detken, Philipp Hartmann	The Euro and International Capital Markets	International Economics	2000
45	Dirk Schumacher	The Liquidity Effect in Germany	Central Banking & Monetary Economics	2000
44	Achim Machauer, Martin Weber	Number of Bank Relationships: An Indicator of Competition, Borrower Quality, or just Size?	Credit Management & Credit Markets	2000
42	Roman Kraeussl	Sovereign Credit Ratings and Their Impact on Recent Financial Crises	Risk Management	2000
41	Ralf Ahrens, Stefan Reitz	Heterogeneous Expectations in the Foreign Exchange Market: Evidence from the Daily Dollar/DM Exchange Rate	International Economics	2000
40	Jan Pieter Krahnen, Martin Weber	Generally Accepted Rating Principles: A Primer	Credit Management & Credit Markets	2000
39	Dag Michalsen, Steven Ongena, David C. Smith	Distressed Relationships: Lessons from the Norwegian Banking Crisis	Financial Stability and Banking Regulation	2000
37	Hermann Remsperger, Andreas Worms	Transparency in Monetary Policy	Central Banking & Monetary Economics	1999
34	Ralf Elsas, Jan Pieter Krahnen	Collateral, Default Risk, and Relationship Lending: An Empirical Study on Financial Contracting	Credit Management & Credit Markets	1999
30	Michael Woodford	Optimal Monetary Policy Intertia	Central Banking & Monetary Economics	1999
27	Erica L. Groshen, Mark E. Schweitzer	Inflation and Unemployment Revisited: Grease vs. Sand	Central Banking & Monetary Economics	1999
26	Thomas Laubach	Signalling with Monetary and Inflation Targets	Central Banking & Monetary Economics	1999
25	Kenneth N. Kuttner, Adam S. Posen	Does Talk Matter After All? Inflation Targeting and Central Bank Behavior	Central Banking & Monetary Economics	1999
24	Peter Schmid	Monetary Targeting in Practice: The German Experience	Central Banking & Monetary Economics	1999
23	John Vickers	Inflation Targeting in Practice: The UK Experience	Central Banking & Monetary Economics	1999
22	William R. Emmons, Frank A. Schmid	Credit Unions and the Common Bond	Credit Management & Credit Markets	1999
21	Benjamin Bental, Benjamin Eden	The Real Effects of Reserve Requirements	Central Banking & Monetary Economics	1998
19	Lars E.O. Svensson	Inflation Targeting as a Monetary Policy Rule	Central Banking & Monetary Economics	1998
18	Henrik Jensen, Ben Lockwood	State Manipulation and Asymptotic Efficiency in a Dynamic Model of Monetary Policy	Central Banking & Monetary Economics	1998
17	Ralf Elsas, Sabine Henke, Achim Machauer, Roland Rott, Gerald Schenk	Empirical Analysis of Credit Relationships in Small Firms Financing: Sampling Design and Descriptive Statistics	Credit Management & Credit Markets	1998
16	Hans-Peter Burghof, Claudia Henschel	Credit Information in Universal Banking - a Clinical Study	Credit Management & Credit Markets	1998
14	Adam Posen	Why EMU is Irrelevant for the German Economy	Monetary Policy and Financial Markets	1998
12	Jan Pieter Krahnen	Where do we stand in the Theory of Finance? A Selective Overview with reference to Erich Gutenberg	Financial Stability and Banking Regulation	1998
11	Achim Machauer, Martin Weber	Bank Behavior based on Internal Credit Ratings of Borrowers	Credit Management & Credit Markets	1998
10	Sabine Henke, Hans-Peter Burghof, Bernd Rudolph	Credit Securitization and Credit Derivatives: Financial Instruments and the Credit Risk-Management of Middle Market Commercial Loan Portfolios	Credit Management & Credit Markets	1998
9	Ralf Ewert, Gerald Schenk	Determinants of Bank Lending Performance	Credit Management & Credit Markets	1998
8	Ralf Elsas, Jan Pieter Krahnen	Is Relationship Lending Special? Evidence from Credit-File Data in Germany	Credit Management & Credit Markets	1998
7	Daniel Gros	EMU and Capital Markets	Central Banking & Monetary Economics	1998
6	Anne Sibert, Alan Sutherland	Monetary Regimes and Labour Market Reform	Central Banking & Monetary Economics	1998
5	Roel M. W. J. Beetsma, Harald Uhlig	An Analysis of the "Stability Pact"	Central Banking & Monetary Economics	1998
3	Jan Pieter Krahnen, Christian Rieck, Erik Theissen	Messung individueller Risikoeinstellungen	Risk Management	1997
2	Helmut Beeck, Lutz Johanning, Bernd Rudolph	Value-at-Risk-Limitstrukturen zur Steuerung und Begrenzung von Marktrisiken im Aktienbereich	Risk Management	1997