working paper series nber

... decisions. 11 ECB Working Paper Series No. 441 February 2005 45 ECB Working Paper Series No. 441 February 2005 European Central Bank working paper series For a complete list of Working Papers published ... assumptions relevant to the estimation of Phillips Curves. 14 ECB Working Paper Series No. 441 February 2005 W ORKING PAPER SERIES NO. 441 / FEBRUARY 2005 THE PHILLIPS CURVE AND LONG-TERM ... Long-Term Unemployment Reduce a Person’s Chance of a Job? A Time Series Test," Economica, Vol. 58(229), pp. 93-106. 36 ECB Working Paper Series No. 441 February 2005 Figure 2: Unemployment and the...

Ngày tải lên: 24/10/2012, 09:11

... their estimation results. They are available upon request 23 ECB Working Paper Series No. 432 January 2005 3 ECB Working Paper Series No. 432 January 2005 CONTENTS Abstract 4 Non-technical summary ... Btp 01/03/07 Btp 01/08/11 Btp 01/05/31 Mts Italy Euromts 41 ECB Working Paper Series No. 432 January 2005 47 ECB Working Paper Series No. 432 January 2005 412 “The real effects of money growth ... flow JEL classification: F31, C32 4 ECB Working Paper Series No. 432 January 2005 48 ECB Working Paper Series No. 432 January 2005 431 January 2005. 432 by Y. C. Cheung,...

Ngày tải lên: 16/02/2014, 02:20

... equilibria with adverse selection. Our paper differs both in its focus on financial innovations, and incorporation of fixed costs of creating contracts. The remainder of the paper is organized as follows. ... Philadelphia – Discussion Paper Payment Cards Center, December. . 2 003. “Credit Card Pricing Developments and Their Disclosure.” Federal Re- serve Bank of Philadelphia – Discussion Paper Payment Cards ... leads to lower interest rates and increased competition for borrowers. Our work differs from these papers in several key respects. First, we introduce a novel mechanism which operates through the...

Ngày tải lên: 06/03/2014, 08:20

... the U.S. banking industry, University of Pennsylvania, The Wharton School Working Paper Series 10. 30 ECB Working Paper Series No. 398 October 2004 References Acharya, S. (1988), A generalised ... differences between bidders and targets are statistically significant. 20 ECB Working Paper Series No. 398 October 2004 3 ECB Working Paper Series No. 398 October 2004 CONTENTS Abstract 4 Non-technical summary ... consolidation observed in recent years in the European Union. 26 ECB Working Paper Series No. 398 October 2004 35 ECB Working Paper Series No. 398 October 2004 390 “Financial markets’ behavior around...

Ngày tải lên: 06/03/2014, 09:22

... 0 < q G θ H −c 2 + q G µ H δ − ¯u. 10 ECB Working Paper Series No. 407 November 2004 or fire (R =0)the credit officer accordingly. W ORKING PAPER SERIES NO. 407 / NOVEMBER 2004 BANKING CONSOLIDATION ... acknowledged. The views expressed in this paper do not necessarily reflect those of the European Central Bank. The statement of purpose for the ECB Working Paper Series is available from the ECB website, ... governance, banking, small business lending, efficiency wage 4 ECB Working Paper Series No. 407 November 2004 Non-tec hnical summ ary The paper provides a new perspective on the effects of banking consolidation...

Ngày tải lên: 06/03/2014, 09:22

... like 35 ECB Working Paper Series No. 527 September 2005 In 2005 all ECB publications will feature a motif taken from the €50 banknote. WORKING PAPER SERIES NO. 527 / SEPTEMBER 2005 This paper ... mea- sure to assess the systemic breadth of currency crises. 14 ECB Working Paper Series No. 527 September 2005 WORKING PAPER SERIES NO. 527 / SEPTEMBER 2005 BANKING SYSTEM STABILITY A CROSS-ATLANTIC PERSPECTIVE by ... risk 32 Following the NBER and CEPR business cycle dating programs, w e cover at most two full cycles; see http://www .nber. org/cycles.html and h t tp://www.cepr.org/data/Dating/. 41 ECB Working Paper Series...

Ngày tải lên: 06/03/2014, 09:22

... 34?>B8C>AB C> <>=8C>A 10=:4AB WORKING PAPER SERIES NO 845 / DECEMBER 2007 RUN-PRONE BANKING AND ASSET MARKETS by Marie Hoerova 35 ECB Working Paper Series No 845 December 2007 B>;4;H ... 02@D8A4 WORKING PAPER SERIES NO 845 / DECEMBER 2007 In 2007 all ECB publications feature a motif taken from the 20 banknote. RUN-PRONE BANKING AND ASSET MARKETS 1 by Marie Hoerova 2 This paper ... 2>=BD<4                      C #0C4 CH?4B 2>=BD<4  C 33 ECB Working Paper Series No 845 December 2007 2>=BCA08=C    8E4= C74 ?A>?4AC84B >5 C74 DC8;8CH...

Ngày tải lên: 06/03/2014, 09:22

... (online) WORKING PAPER SERIES NO 868/FEBRUARY2008 PURDAH ON THE RATIONALE FOR CENTRAL BANK SILENCE AROUND POLICY MEETINGS byMichael Ehrmann and Marcel Fratzscher 5 ECB Working Paper Series No ... author(s). The views expressed in this paper do not necessarily refl ect those of the European Central Bank. The statement of purpose for the ECB Working Paper Series is available from the ECB ... be measured with error, leading to an attenuated estimator in the mean equation. 10 ECB Working Paper Series No 868 February 2008 3. Measuring Communication As to the data on communication,...

Ngày tải lên: 06/03/2014, 09:22

... T. Levin and Ryan Michaels. 2007. “Three Great American Disinflations.” NBER Working Paper 12982. 18 ECB Working Paper Series No 898 May 2008 3. Central bank communication in practice Many central ... issues for future research 45 References 48 European Central Bank Working Paper Series 54 CONTENTS 15 ECB Working Paper Series No 898 May 2008 12 2007). The models differ with respect to both ... author(s). The views expressed in this paper do not necessarily refl ect those of the European Central Bank. The statement of purpose for the ECB Working Paper Series is available from the ECB...

Ngày tải lên: 15/03/2014, 10:20

... JEL Classification: E44, E55. 28 ECB Working Paper Series No 1075 July 2009 European Central Bank Working Paper Series For a complete list of Working Papers published by the ECB, please visit ... Conclusions 19 References 21 Tables and fi gures 24 European Central Bank Working Paper Series 28 CONTENTS 4 ECB Working Paper Series No 1075 July 2009 Abstract We find evidence of a bank lending ... wage rigiDity anD optimal steaDy- state inflation working paper series no 1048 / april 2009 WAGE DYNAMICS NETWORK 18 ECB Working Paper Series No 1075 July 2009 This model completely eliminates...

Ngày tải lên: 15/03/2014, 10:20

... 0.58 Market leverage Book leverage 36 ECB Working Paper Series No 1096 Septembre 2009 5 ECB Working Paper Series No 1096 Septembre 2009 The objective of this paper is to examine whether capital requirements ... 2415 63144 2207 4369 R 2 0.79 0.29 0.19 0.55 34 ECB Working Paper Series No 1096 Septembre 2009 4 ECB Working Paper Series No 1096 Septembre 2009 Abstract The paper shows that mispriced deposit insurance ... Moreover, since leverage is one minus the equity ratio, the 14 ECB Working Paper Series No 1096 Septembre 2009 6 ECB Working Paper Series No 1096 Septembre 2009 Fourth, unobserved time-invariant...

Ngày tải lên: 15/03/2014, 10:20

... Germany, Italy, the Netherlands, and Spain. ECB Working Paper Series No 1150 January 2010 25 WORKING PAPER SERIES NO 1150 / JANUARY 2010 This paper can be downloaded without charge from http://www.ecb.europa.eu ... views expressed in this paper do not necessarily refl ect those of the European Central Bank. Information on all of the working papers published in the ECB’s Working Paper Series can be found ... G21 4 ECB Working Paper Series No 1150 January 2010 Table 5 - Contnued Panel B: IV panel regression of GDP growth on loans growth and changes in credit standards 28 ECB Working Paper Series No...

Ngày tải lên: 15/03/2014, 10:20

... growth t Bank spread t Bank loan growth t 21 ECB Working Paper Series No 1160 February 2010 WORKING PAPER SERIES This paper can be downloaded without charge from http://www.ecb.europa.eu ... leads to higher liquidity needs over the short term (see for 12 ECB Working Paper Series No 1160 February 2010 Working PaPer SerieS no 1118 / november 2009 DiScretionary FiScal PolicieS over ... residential investment and private consumption (not reported). 15 ECB Working Paper Series No 1160 February 2010 Working PaPer SerieS no 1160 / FeBrUarY 2010 evidence For by Gabe de Bondt, José-Luis...

Ngày tải lên: 15/03/2014, 10:20

... the papers published in the ECB Working Paper Series can be found on the ECB’s website, http://www. ecb.europa.eu/pub/scientific/wps/date/ html/index.en.html ISSN 1725-2806 (online) 18 ECB Working ... “Structural Change in the German Bank- ing System?” Goethe University Working Paper Finance and Accounting No. 147. 40 ECB Working Paper Series No 1272 December 2010 Hakenes, H. and I. Schnabel (2010): ... ability to control for the level of interest rates charged is a strength of the paper, because it permits Working PaPer SerieS no 1272 / DeCeMBer 2010 THe iMPaCT of PuBliC guaranTeeS on Bank riSk...

Ngày tải lên: 15/03/2014, 10:20

... 22 ECB Working Paper Series No 1332 April 2011 emphasis of the paper has been to identify whether financial stability-related communication “creates news” and/or “reduces noise”. The paper s ... of a cluster or not. 8 ECB Working Paper Series No 1332 April 2011 The paper proceeds in section 2 by outlining a more general motivation and relating the current paper to the existing literature. ... contains newspaper articles and newswire reports from 14,000 sources. As shown in Table 1, the dataset contains information on 367 FSRs. The increasing tendency of 29 ECB Working Paper Series No...

Ngày tải lên: 15/03/2014, 10:20

Ngày tải lên: 15/03/2014, 10:20

Ngày tải lên: 15/03/2014, 10:20

Ngày tải lên: 15/03/2014, 10:20

Ngày tải lên: 15/03/2014, 14:20

Ngày tải lên: 22/03/2014, 20:20