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Date Title Author(s)
30 Sep, 2021 How do real and monetary integrations affect inflation dynamics in Turkey?
Policy Brief
189

Hülya Saygılı | Central Bank of the Republic of Turkey

30 Sep, 2021 The Path to Euro Area and Banking Union Membership: Assessing the Incentives for “Close Cooperation” and Adherence to the Exchange Rate Mechanism II
Policy Brief
188

María J. Nieto | Banco de España

Dalvinder Singh | University of Warwick

30 Sep, 2021 Can policy boost the international role of currencies? Lessons from international trade invoicing
Policy Brief
187

Georgios Georgiadis | European Central Bank (ECB)

Helena Le Mezo | European Central Bank (ECB)

Arnaud Mehl | European Central Bank (ECB)

Cédric Tille | Graduate Institute Geneva

30 Sep, 2021 Prudential responses to COVID-19 in G20 countries: a missed opportunity to enhance & financial policy and regulations?
Policy Brief
186

Paola D’Orazio | Ruhr-Universität Bochum

30 Sep, 2021 The Effects of Fiscal Policy when Planning Horizons are Finite
Policy Brief
190

Joep Lustenhouwer | University of Heidelberg

Kostas Mavromatis | De Nederlandsche Bank

23 Sep, 2021 The FX Global Code
Policy Brief
182

Guy Debelle | Reserve Bank of Australia

23 Sep, 2021 Central bank’s financial result and inter-sectoral transfers of benefits
Policy Brief
183

Krzysztof Kruszewski | Narodowy Bank Polski

Mikołaj Szadkowski | Narodowy Bank Polski

23 Sep, 2021 Frozen markets: Iceland’s experience with capital controls
Policy Brief
184

Francis Breedon | Queen Mary University of London

Thórarinn G. Pétursson | Central Bank of Iceland

Paolo Vitale | University of Pescara

23 Sep, 2021 The grocery trolley race in times of Covid-19. Evidence from Italy
Policy Brief
185

Emanuela Ciapanna | Bank of Italy

Gabriele Rovigatti | Bank of Italy

23 Sep, 2021 Ultra low interest rates from the perspective of a central banker
Policy Note
256

Lars Rohde | Danmarks Nationalbank

21 Sep, 2021 Recycling carbon tax revenues
Policy Brief
169

Ángel Estrada | Banco de España

Daniel Santabárbara | Banco de España

16 Sep, 2021 A liquidity risk early warning indicator for Italian banks: a machine learning approach
Policy Brief
181

Maria Ludovica Drudi | Bank of Italy

Stefano Nobili | Bank of Italy

16 Sep, 2021 The relevance of trade policy: Evidence from the 19th century
Policy Brief
179

Jacopo Timini | Banco de España

16 Sep, 2021 Sovereign CDS Volatility as an Indicator of Economic Uncertainty
Policy Brief
180

Maximilian Böck | Vienna University of Economics and Business

Martin Feldkircher | Vienna School of International Studies

Burkhard Raunig | Oesterreichische Nationalbank

16 Sep, 2021 Navigating by r*: safe or hazardous?
Policy Note
255

Claudio Borio | Bank for International Settlements (BIS)

15 Sep, 2021 Fiscal-Monetary Crosswinds in the Euro Area
Policy Note
254

Lucrezia Reichlin | London Business School

Giovanni Ricco | Warwick University

Matthieu Tarbé | London Business School

15 Sep, 2021 Raising r*: Why, how, and if not now, when?
Policy Note
253

Robert Holzmann | Oesterreichische Nationalbank

Maria Teresa Valderrama | Oesterreichische Nationalbank

14 Sep, 2021 Contagious Zombies
Policy Brief
178

Christian Bittner | Deutsche Bundesbank

Falko Fecht | Frankfurt School of Finance and Management

Co-Pierre Georg | University of Cape Town

9 Sep, 2021 Forging the Future of Monetary Union – taking stock and looking forward
Policy Note
252

Markus Rodlauer | European Stability Mechanism (ESM)

Rolf Strauch | European Stability Mechanism (ESM)

9 Sep, 2021 Low-for-ultra-long policy will not be enough for Japan
Policy Brief
174

Hiroshi Ugai | J.P. Morgan

9 Sep, 2021 An export supply channel of exchange rates
Policy Brief
173

Erik Frohm | European Central Bank (ECB)

9 Sep, 2021 Labor adjustment and productivity dynamics: cross-country evidence and policy implications
Policy Brief
177

Maarten Dossche | European Central Bank (ECB)

Andrea Gazzani | Bank of Italy

Vivien Lewis | Deutsche Bundesbank

9 Sep, 2021 Does the ECB’s monetary policy react to the balance of risks?
Policy Brief
176

Philippine Cour-Thimann | European Central Bank (ECB)

Alexander Jung | European Central Bank (ECB)

7 Sep, 2021 The Liquidity of the Government Bond Market – What Impact Does Quantitative Easing Have? Evidence from Sweden
Policy Brief
175

Marianna Blix Grimaldi | Swedish National Debt Office

Alberto Crosta | Finansinspektionen Sweden

Dong Zhang | SBAB bank

2 Sep, 2021 Central banks as bank supervisors: how does this double role affect their inflation outcomes?
Policy Brief
172

Vasco Gabriel |

Ioannis Lazopoulos | University of Surrey

Diana Lima | Banco de Portugal

2 Sep, 2021 Curb your enthusiasm: the aggregate short-run effects of a borrower-based measure
Policy Brief
171

Joana Passinhas | Banco de Portugal

Daniel Abreu | Banco de Portugal

2 Sep, 2021 Pension funds’ portfolio choices and investment beliefs
Policy Brief
170

Dirk Broeders | Maastricht University

Kristy Jansen | De Nederlandsche Bank

30 Aug, 2021 Monetary Gold and Central Bank Capital
Policy Brief
168

Kenneth Sullivan | Central Bank Consulting

30 Aug, 2021 Limits of stress-test based bank regulation
Policy Brief
167

Tirupam Goel | Bank for International Settlements (BIS)

Isha Agarwal | University of British Columbia

26 Aug, 2021 The Natural Interest Rate in China
Policy Brief
162

Sun Guofeng | People’s Bank of China

Daniel Rees | Bank for International Settlements (BIS)

26 Aug, 2021 Banks’ complexity-risk nexus and the role of regulation
Policy Brief
161

Natalya Martynova | Deutsche Bundesbank

Ursula Vogel | Deutsche Bundesbank

26 Aug, 2021 Assessment of the effectiveness of the macroprudential measures implemented in the context of the Covid-19 pandemic
Policy Brief
165

Lucas Avezum | Banco de Portugal

Vítor Oliveira | Banco de Portugal

Diogo Serra | Banco de Portugal

26 Aug, 2021 Banks Fearing the Drought? Liquidity Hoarding as a Response to Idiosyncratic Interbank Funding Dry-Ups
Policy Brief
164

Helge C.N. Littke | Deutsche Bundesbank

Matias Ossandon Busch | Center for Latin American Monetary Studies (CEMLA)

26 Aug, 2021 Record global FX reserves after COVID shock
Policy Brief
166

Michael S. Hanson | J.P. Morgan

26 Aug, 2021 Heterogeneous firm-level impact and responses to the COVID-19 crisis
Policy Brief
163

Alejandro Fernández-Cerezo | Banco de España

Beatriz González | Banco de España

Mario Izquierdo | Banco de España

Enrique Moral-Benito | Banco de España

19 Aug, 2021 More aware societies suffered less from Covid-19
Policy Brief
156

Alejandro Buesa | Banco de España

Javier J. Perez | Banco de España

Daniel Santabárbara | Banco de España

19 Aug, 2021 Can Internet banking affect households’ participation in financial markets and financial awareness?
Policy Brief
154

Valentina Michelangeli | Bank of Italy

Eliana Viviano | Bank of Italy

19 Aug, 2021 Have scale effects on cost margins of pension fund investment portfolios disappeared?
Policy Brief
160

Jacob A. Bikker | De Nederlandsche Bank

Jeroen J. Meringa | De Nederlandsche Bank

19 Aug, 2021 The anatomy of bond ETF arbitrage
Policy Brief
155

Karamfil Todorov | Bank for International Settlements (BIS)

19 Aug, 2021 On the Effectiveness of Macroprudential Policy
Policy Brief
159

Miguel Ampudia | European Central Bank (ECB)

Marco Lo Duca | European Central Bank (ECB)

Mátyás Farkas | European Central Bank (ECB)

Gabriel Perez Quiros | Banco de España

Mara Pirovano | European Central Bank (ECB)

Gerhard Rünstler | European Central Bank (ECB)

Eugen Tereanu | European Central Bank (ECB)

19 Aug, 2021 Bank pricing of corporate loans
Policy Brief
158

Márcio Mateus | Banco de Portugal

Tiago Pinheiro | Banco de Portugal

19 Aug, 2021 Covid-19 and Capital Flows: The Responses of Investors to the Responses of Governments
Policy Brief
157

Stefan Goldbach | Deutsche Bundesbank

Volker Nitsch | University of Darmstadt

12 Aug, 2021 Patchy data is a good start: from Kuznets and Clark to supervisors and climate
Policy Brief
152

Frank Elderson | European Central Bank (ECB)

12 Aug, 2021 What’s the Message? Interpreting Monetary Policy Through Central Bankers’ Speeches
Policy Brief
153

Martin Feldkircher | Vienna School of International Studies

Paul Hofmarcher | University of Vienna

Pierre Siklos | Wilfrid Laurier University

12 Aug, 2021 Digital euro has potential in the Netherlands
Policy Brief
150

Michiel Bijlsma | Tilburg Law and Economics Center (TILEC)

Carin van der Cruijsen | De Nederlandsche Bank

Nicole Jonker | De Nederlandsche Bank

Jelmer Reijerink | De Nederlandsche Bank

12 Aug, 2021 Regulation of crypto-assets is a must for governments and central banks
Policy Brief
149

Daniel Daianu | Romanian Fiscal Council

12 Aug, 2021 The role of information channels and experience for households’ inflation expectations
Policy Brief
148

Christian Conrad | Heidelberg University

Zeno Enders | Heidelberg University

Alexander Glas | Heidelberg University

12 Aug, 2021 Green Liquidity Moves Mainstream
Policy Note
251

Patrick Drury Byrne | S&P Global Ratings

Sandeep Chana | S&P Global Ratings

Sylvain Broyer | S&P Global Ratings

11 Aug, 2021 No country is an island: International cooperation and climate change
Policy Brief
151

Massimo Ferrari | European Central Bank (ECB)

Maria Sole Pagliari | Banque de France

5 Aug, 2021 Proportionality in banking regulation: who, what and how?
Policy Brief
147

Raihan Zamil | Bank for International Settlements (BIS)

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