WORKING PAPER SERIES NO 748 / MAY 2007: FINANCIAL DOLLARIZATION THE ROLE OF BANKS AND INTEREST RATES docx

... elasticity of substitution would not change the results of the model. 5 Throughout the paper we state that households demand loans and deposits, consid- 11 ECB Working Paper Series No 748 May 2007 the ... made together and therefore the total demand decisions are affected negatively by the variance. 12 ECB Working Paper Series No 748 May 2007 and...

Ngày tải lên: 22/03/2014, 23:20

... and experiences. Finally, the Swiss National Bank had m oneta ry 10 ECB Working Paper Series No 756 May 2007 targets till the end of the 1990s and has been characterized as a precursor of the inflation ... data are from the Swiss National Bank and the Swiss Federal Statistical Office. 16 ECB Working Paper Series No 756 May 2007 the mid-1960s, the beg...

Ngày tải lên: 22/03/2014, 23:20

... %&      !    WORKING PAPER SERIES NO 845 / DECEMBER 2007 RUN-PRONE BANKING AND ASSET MARKETS by Marie Hoerova 19 ECB Working Paper Series No 845 December 2007 +74 >?C8<0; ... O WORKING PAPER SERIES NO 845 / DECEMBER 2007 In 2007 all ECB publications feature a motif taken from the 20 banknote. RUN-PRONE BANKING AND...

Ngày tải lên: 06/03/2014, 09:22

... (1995), Faust and Svensson (2001), and Henrik Jensen (2002). 16 ECB Working Paper Series No 898 May 2008 banks, and on the other hand, it serves as a coordination device for the beliefs of financial ... 22 The central banks of the Czech Republic, Japan, New Zealand, Norway, Poland, Sweden, and Switzerland also hold regular press conferences. 23 ECB Wo...

Ngày tải lên: 15/03/2014, 10:20

... and m. On the contrary, at the boundary of the 23 ECB Working Paper Series No 804 August 2007 sample the sample weights depend on the features of the series, i.e. are adapted to it, and are computed by ... before 15 ECB Working Paper Series No 804 August 2007 1991 were approximated on the basis of the growth rates of data for West Germany). The...

Ngày tải lên: 29/03/2014, 20:20

... while it may be that in the old days reporters were not very knowledgeable, many of the current breed have MAs and PhDs in economics.” WORKING PAPER SERIES NO 868/FEBRUARY2008 PURDAH ON THE ... 20y No purdah Note: The figure shows the EGARCH estimates for the effect of statements in the pre-FOMC purdah, the post-FOMC purdah, and outside the purdah o...

Ngày tải lên: 06/03/2014, 09:22

... http :// ssrn.com/abstract_id=2145295. Information on all of the papers published in the ECB Working Paper Series can be found on the ECB’s website, http :// www.ecb.europa.eu/pub/scientic/wps/date/html/index.en.html Acknowledgements Many ... of the Russian Federation and the Balance of Payments of the Russian Federation. 14 rate are not linked to any rea...

Ngày tải lên: 22/03/2014, 21:20

... variable, which takes the value of -1 for the lowest third of the distribution, a value of 0 for the middle part of the distribution, and the value of +1 for the upper third of the distribution. ... decades, and analyzed the reaction of financial sector stocks to these events. The 22 ECB Working Paper Series No 1332 April 2011 emphasis of...

Ngày tải lên: 15/03/2014, 10:20

... representing the views of the European Central Bank (ECB). The views expressed are those of the authors and do not necessarily reflect those of the ECB. WORKING PAPER SERIES NO 1394 / NOVEMBER 2011 BANK ... regulation and research. I. The transformation of the financial system and its impact on business models and bank risk The evaluation, manag...

Ngày tải lên: 15/03/2014, 10:20

... 148006 OCCASIONAL PAPER SERIES NO 64 / JULY 2007 THE USE OF PORTFOLIO CREDIT RISK MODELS IN CENTRAL BANKS Task Force of the Market Operations Committee of the European System of Central Banks 19 ECB ... methodology. The popularity of CreditManager ® and its methodology is due to a combination of factors: ease and documentation of the methodology,...

Ngày tải lên: 16/02/2014, 10:20