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
Does Access to Bank Accounts as a Minor Improve Financial Capability? Evidence from Minor Bank Account Laws
Board of Governors of the Federal Reserve System Finance and Economics Discussion Series by J. Michael Collins, Jeff Larrimore and Carly Urban
Decomposing Gender Differences in Bankcard Credit Limits
Board of Governors of the Federal Reserve System Finance and Economics Discussion Series by Nathan Blascak and Anna Tranfaglia
Macroeconomic Implications of Inequality and Income Risk
Board of Governors of the Federal Reserve System Finance and Economics Discussion Series by Aditya Aladangady, Etienne Gagnon, Benjamin K. Johannsen and William B. Peterman
Empirical Bayes Control of the False Discovery Exceedance
Federal Reserve Bank of Dallas Working Papers by Pallavi Basu, Luella Fu, Alessio Saretto and Wenguang Sun
Non-bank financial institutions and the functioning of government bond markets
The structure of market making in government bond markets has shifted from a bank-centric model to a hybrid one in which non-bank financial institutions, notably principal trading firms and hedge funds, play an important role alongside banks. This shift has occurred in several countries and, while farthest advanced in liquid segments, is also evident in less liquid segments.
Choosing the European Fiscal Rule
Bank of Latvia Working Papers by Ginters Buss, Patrick Gruning and Olegs Tkacevs
Wealth Effects, Price Markups, and the Neo-Fisherian Hypothesis
Federal Reserve Bank of Cleveland Working Papers by Marco Airaudo and Ina Hajdini