Search Results - isPartOf:"CFS Working Paper"

Measuring financial asset return and volatility spillovers, with application to global equity markets

Diebold, Francis X.; Yilmaz, Kamil - Center for Financial Studies - 2007

We provide a simple and intuitive measure of interdependence of asset returns and/or volatilities. In particular, we formulate and examine precise and separate measures of return spillovers and volatility spillovers. Our framework facilitates study of both non-crisis and crisis episodes,...

Persistent link: https://www.econbiz.de/10010958768

Gradualism, transparency and improved operational framework: A look at the overnight volatility transmission

Colarossi, Silvio; Zaghini, Andrea - Center for Financial Studies - 2007

This paper proposes a possible way of assessing the effect of interest rate dynamics on changes in the decision-making approach, communication strategy and operational framework of a Central bank. Through a GARCH specification we show that the USA and Euro area displayed a limited but...

Persistent link: https://www.econbiz.de/10010958782

The economic impact of merger control legislation

Carletti, Elena; Hartmann, Philipp; Onega, Steven - Center for Financial Studies - 2007

Based on a unique dataset of legislative changes in industrial countries, we identify events that strengthen the competition control of mergers and acquisitions, analyze their impact on banks and non-financial firms and explain the different reactions observed with specific regulatory...

Persistent link: https://www.econbiz.de/10010958783

Money in Monetary Policy Design under Uncertainty: The Two-Pillar Phillips Curve versus ECB-Style Cross-Checking

Beck, Guenter W.; Wieland, Volker - Center for Financial Studies - 2007

, it provides a strong link between the financial community and academia. The CFS Working Paper Series presents the result ….: ++49-69-79825288. E-mail: wieland@wiwi.uni-frankfurt.de CFS Working Paper No. 2007/17 Money in Monetary Policy Design … - 1146. 13 CFS Working Paper Series: No. Author(s) Title 2007/16 Silvio Colarossi Andrea Zaghini Gradualism …

Persistent link: https://www.econbiz.de/10005022416

Robustly Optimal Monetary Policy with Near-Rational Expectations

Woodford, Michael - Center for Financial Studies - 2007

community and academia. The CFS Working Paper Series presents the result of scientific research on selected topics in the … support through a grant to the NBER. 1 Columbia University CFS Working Paper No. 2007/12 Robustly Optimal Monetary …

Persistent link: https://www.econbiz.de/10005022441

Mortgage Markets, Collateral Constraints, and Monetary Policy: Do Institutional Factors Matter?

Calza, Alessandro; Monacelli, Tommaso; Stracca, Livio - Center for Financial Studies - 2007

University of Frankfurt, it provides a strong link between the financial community and academia. The CFS Working Paper Series … Bank, Email: livio.stracca@ecb.int CFS Working Paper No. 2007/10 Mortgage Markets, Collateral Constraints, and Monetary …

Persistent link: https://www.econbiz.de/10005022449

The CFS International Capital Flow Database: A User’s Guide

Offermanns, Christian; Pramor, Marcus - Center for Financial Studies - 2007

financial community and academia. The CFS Working Paper Series presents the result of scientific research on selected topics …@ifk-cfs.de CFS Working Paper No. 2007/24 The CFS International Capital Flow Database: A User’s Guide* Christian Offermanns 1 …: Estimation and Interpretation, in: Siebert, H. (Ed.), Kieler Studien, T¨ubingen: Mohr, Vol. 234. 22 CFS Working Paper Series …

Persistent link: https://www.econbiz.de/10005600444

Bayesian and Adaptive Optimal Policy under Model Uncertainty

Svensson, Lars E.O.; Williams, Noah - Center for Financial Studies - 2007

financial community and academia. The CFS Working Paper Series presents the result of scientific research on selected topics … University; www.priceton.edu/~noahw/ CFS Working Paper No. 2007/11 Bayesian and Adaptive Optimal Policy under Model …

Persistent link: https://www.econbiz.de/10005600452

The Mistake of 1937: A General Equilibrium Analysis

Eggertsson, Gauti B.; Pugsley, Benjamin - Center for Financial Studies - 2007

financial community and academia. The CFS Working Paper Series presents the result of scientific research on selected topics …@uchicago.edu CFS Working Paper No. 2007/06 The Mistake of 1937: A General Equilibrium Analysis* Gauti B. Eggertsson 1 and …

Persistent link: https://www.econbiz.de/10005600453

International Investment Positions and Exchange Rate Dynamics: A Dynamic Panel Analysis

Binder, Michael; Offermanns, Christian - Center for Financial Studies - 2007

, it provides a strong link between the financial community and academia. The CFS Working Paper Series presents the result … Working Paper No. 2007/23 International Investment Positions and Exchange Rate Dynamics: A Dynamic Panel Analysis …: mbinder@wiwi.uni-frankfurt.de 2 Frankfurt University and Deutsche Bundesbank; email: offerman@wiwi.uni-frankfurt.de CFS …

Persistent link: https://www.econbiz.de/10005120766