Discussion paper DP17454 Granular Investors and International Bond Prices: Scarcity-Induced Safety Ester Faia Juliana Salomao Alexia Ventula Veghazy 10 Jul 2022 International Finance Heterogeneous investors Market segmentation Securities data Uncovered and covered interest rate parity Scarcity channel Duration extraction channel Asset safety Financial Economics International Macroeconomics and Finance Monetary Economics and Fluctuations F3 G2 G4
Discussion paper DP16439 Safe asset shortage and collateral reuse Stephan Jank Emanuel Moench Michael Schneider 27 Jun 2022 Safe assets Government bonds Collateral reuse Rehypothecation Repo market Securities lending Financial Economics E4 E5 G1 G2
Discussion paper DP17337 Money Markets and Bank Lending: Evidence from the Tiering Adoption Carlo Altavilla Miguel Boucinha Lorenzo Burlon Mariassunta Giannetti Julian Schumacher 29 May 2022 Money market Bank lending Negative interest rate policy Financial Economics Monetary Economics and Fluctuations G2 E5
Discussion paper DP16907 Liquidity, liquidity everywhere, not a drop to use - Why flooding banks with central bank reserves may not expand liquidity Viral Acharya Raghuram Rajan 27 Apr 2022 Quantitative easing Central bank balance sheet Financial stability Repo rate spike Liquidity hoarding Liquidity dependence Margin requirements Capital requirements Financial Economics Monetary Economics and Fluctuations G01 G2 E5
Discussion paper DP17145 Designing Stress Scenarios Cecilia Parlatore Siritto 27 Mar 2022 Stress test Information Bank regulation Filtering Learning Financial Economics G2 D82 D83
Discussion paper DP16978 "Cooperation externalities": Supranational supervision and regulatory arbitrage Thorsten Beck Consuelo Silva-Buston Wolf Wagner 31 Jan 2022 Supranational cooperation Cross-border banking Externalities Financial Economics G1 G2
Discussion paper DP16893 Voluntary Support and Ring-Fencing in Cross-border Banks Gyöngyi Lóránth Jing Zeng Anatoli Segura 12 Jan 2022 Multinational bank Supervisory intervention Supranational supervision Voluntary support Ring-fencing Financial Economics D8 G11 G2
Discussion paper DP16889 Spillovers at the Extremes: The Macroprudential Stance and Vulnerability to the Global Financial Cycle Anusha Chari Kristin Forbes 12 Jan 2022 Macroprudential policy Risk-on Risk-off Sudden stops Global financial cycle International Macroeconomics and Finance Monetary Economics and Fluctuations F3 F65 G2 E58
Discussion paper DP16752 Distributed Ledgers and the Governance of Money Raphael Auer Hyun Song Shin Cyril Monnet 25 Nov 2021 Market design Money Distributed ledger technology Dlt Blockchain Decentralized finance Global game Consensus Financial Economics International Macroeconomics and Finance Monetary Economics and Fluctuations C72 C73 D4 E42 G2 L86
Discussion paper DP15599 Monetary Policy and Inequality José-Luis Peydró Asger Lau Andersen Niels Johannesen Mia Jørgensen 18 Aug 2021 monetary policy Inequality Household heterogeneity Assets Leverage Financial Economics Monetary Economics and Fluctuations Public Economics E2 E4 E5 G1 G2 G5
Discussion paper DP16378 Who Owns What? A Factor Model for Direct Stockholding Vimal Balasubramaniam John Y Campbell Benjamin Ranish 21 Jul 2021 Stockholding Factor models Coholdings Portfolio construction Diversification Retail investors Financial Economics G2 G11 G12 G14 G5
Discussion paper DP15884 Contingent Contracts in Banking: Insurance or Risk Magnification? Hans Gersbach 4 Mar 2021 Financial intermediation - macroeconomics risks - state-contingent contracts - banking regulation Financial Economics Industrial Organization D41 E4 G2
