... decisions.
11
ECB
WorkingPaper Series No. 441
February 2005
45
ECB
WorkingPaper Series No. 441
February 2005
European Central Bank workingpaper series
For a complete list of Working Papers published ... exogeneity assumptions relevant to the estimation of Phillips
Curves.
14
ECB
WorkingPaper Series No. 441
February 2005
W ORKING PAPER SERIES
NO. 441 / FEBRUARY 2005
THE PHILLIPS CURVE
AND LONG-TERM ... Central Bank Working Paper, No. 17.
[18] Fabiani, Silvia, and Ricardo Mestre (2001) "A System Approach for Measuring the Euro
Area NAIRU," European Central Bank Working Paper, No. 65.
[19]...
... Feltenstein
February 2008
Abstract
This WorkingPaper should not be reported as representing the views of the IMF.
The views expressed in this WorkingPaper are those of the author(s) and do ... 47
Remain constant 52
Be decreased 1
â 2008 International Monetary Fund WP/08/47
IMF WorkingPaper
IMF Institute
Helping Hand or Grabbing Hand? Supervisory Architecture, Financial ... “Integrated Financial Supervision. Lessons from Northern
European Experience,” Policy Research WorkingPaper No. 2223 (Washington: World
Bank).
Westrup, Jonathan, 2007, “Independence and Accountability:...
... present their estimation results. They are available upon request
23
ECB
WorkingPaper Series No. 432
January 2005
3
ECB
WorkingPaper Series No. 432
January 2005
CONTENTS
Abstract 4
Non-technical ... 15/07/05 Btp 01/03/07 Btp 01/08/11 Btp 01/05/31
Mts Italy
Euromts
41
ECB
WorkingPaper Series No. 432
January 2005
47
ECB
WorkingPaper Series No. 432
January 2005
412 “The real effects of money ... flow
JEL classification: F31, C32
4
ECB
WorkingPaper Series No. 432
January 2005
48
ECB
WorkingPaper Series No. 432
January 2005
431
January 2005.
432
by Y. C....
... 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...
...
WORKING PAPER NO 13
CREDIT RISK TRANSFER
AND
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Wolf Wagner & Ian Marsh
The WorkingPaper is intended as a ... interested readers for their comments. The paper should be
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Working Paper should not be quoted nor the data ... & & &% 7 2BB?
3@
Working Papers
No. Published Title Author
1 May 2002 On Strategic Default and Liquidity...
... differences
between bidders and targets are statistically significant.
20
ECB
WorkingPaper Series No. 398
October 2004
3
ECB
WorkingPaper Series No. 398
October 2004
CONTENTS
Abstract 4
Non-technical ... consolidation observed in recent years in the European Union.
26
ECB
WorkingPaper Series No. 398
October 2004
35
ECB
WorkingPaper Series No. 398
October 2004
390 “Financial markets’ behavior ... in the U.S. banking industry,
University of Pennsylvania, The Wharton School WorkingPaper Series 10.
30
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WorkingPaper Series No. 398
October 2004
References
Acharya, S. (1988), A generalised...
... expressed in this paper do not
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The statement of purpose for the ECB
WorkingPaper Series is available from the
ECB website, http://www .ecb. int.
ISSN ... <q
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+
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à
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u or 0 <
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November 2004
or re (R =0)the credit officer accordingly.
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BANKING
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November 2004
Non-tec hnical summ ary
The paper provides a new perspective on the effects of banking...
... like
35
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WorkingPaper Series No. 527
September 2005
In 2005 all ECB
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will feature
a motif taken
from the
€50 banknote.
WORKING PAPER SERIES
NO. 527 / SEPTEMBER 2005
This paper ... analogous mea-
sure to assess the systemic breadth of currency crises.
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September 2005
WORKINGPAPER SERIES
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BANKING SYSTEM
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A CROSS-ATLANTIC
PERSPECTIVE
by ... market
index.
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They are available from the authors on request.
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September 2005
Abstract
This paper derives indicators of the severity and structure of banking...
... 34?>B8C>AB C> <>=8C>A 10=:4AB
WORKINGPAPER SERIES
NO 845 / DECEMBER 2007
RUN-PRONE BANKING
AND ASSET MARKETS
by Marie Hoerova
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WorkingPaper Series No 845
December 2007
B>;4;H ... D-60311 Frankfurt am Main, Germany;
e-mail: marie.hoerova @ecb. int; Phone: +49 69 1344 8710, fax: +49 69 1344 8552.
32
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WorkingPaper Series No 845
December 2007
1H
%
... 02@D8A4
WORKINGPAPER SERIES
NO 845 / DECEMBER 2007
In 2007 all ECB
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feature a motif
taken from the
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RUN-PRONE BANKING AND
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by Marie Hoerova
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PURDAH
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3. Measuring Communication
As to the data on communication,...
...
Media.” ECBWorkingPaper 679.
Berger, Helge, Jakob De Haan, and Jan-Egbert Sturm. 2006. “Does Money Matter in the
ECB Strategy? New Evidence Based on ECB Communication.”, CESifo WorkingPaper ... T. Levin and Ryan Michaels. 2007. “Three
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1041 ... Conclusions
19
References
21
Tables and fi gures
24
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28
CONTENTS
4
ECB
WorkingPaper Series No 1075
July 2009
Abstract
We find evidence of a bank lending ... Messina
DownwarD wage
rigiDity anD
optimal steaDy-
state inflation
working paper series
no 1048 / april 2009
WAGE DYNAMICS
NETWORK
18
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July 2009
This model completely eliminates...
... 0.58
Market leverage Book leverage
36
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WorkingPaper Series No 1096
Septembre 2009
5
ECB
WorkingPaper Series No 1096
Septembre 2009
The objective of this paper is to examine whether capital ... 2415
63144
2207
4369
R
2
0.79
0.29
0.19
0.55
34
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WorkingPaper Series No 1096
Septembre 2009
4
ECB
WorkingPaper Series No 1096
Septembre 2009
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The paper shows that mispriced deposit insurance ... Moreover, since leverage is one minus the equity ratio, the
14
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Septembre 2009
6
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WorkingPaper Series No 1096
Septembre 2009
Fourth, unobserved time-invariant...
... Netherlands, and Spain.
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January 2010
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WORKINGPAPER SERIES
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Information on all of the working papers
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WorkingPaper Series No 1150
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Table 5 - Contnued
Panel B: IV panel regression of GDP growth on loans growth and changes in credit standards
28
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...
growth
t
21
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February 2010
WORKINGPAPER SERIES
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15
ECB
WorkingPaper Series No 1160
February 2010
WorkingPaPer SerieS
no 1160 / FeBrUarY 2010
evidence For
by Gabe de Bondt,...