Employment Effects of COVID-19 across States, Sectors
Sarah Albert, Andrew Foerster, and Pierre-Daniel G. Sarte
Dampening the financial accelerator? Direct lenders and monetary policy
by Ryan Niladri Banerjee and José María Serena GarraldaIn this paper we investigate the role they play in the monetary policy transmission mechanism, using syndicated loan data covering the 2000-2018 period.
Financial crises and political radicalization: How failing banks paved Hitler's path to power
by Sebastian Doerr, Stefan Gissler, Jose-Luis Peydro and Hans-Joachim VothDo financial crises radicalize voters? We study Germany’s 1931 banking crisis, collecting new data on bank branches and firm-bank connections.
Macroeconomic Changes with Declining Trend Inflation: Complementarity with the Superstar Firm Hypothesis
Bank of Japan Working Papers by Takushi Kurozumi and Willem Van Zandweghe