Discussion paper DP15766 What do Interest Rates Reveal about the Stock Market? A Noisy Rational Expectations Model of Stock and Bond Markets Matthijs Breugem Adrian Buss Joël Peress 5 Feb 2021 Financial Economics E43 E44 G11 G14
Discussion paper DP15610 The Expected Return on Risky Assets: International Long-run Evidence Dmitry Kuvshinov Kaspar Zimmermann 27 Dec 2020 Economic History Financial Economics International Macroeconomics and Finance G12 G15 E43 E44 N20
Discussion paper DP15457 Monetary Policy with Reserves and CBDC: Optimality, Equivalence, and Politics Dirk Niepelt 16 Nov 2020 Financial Economics International Macroeconomics and Finance Monetary Economics and Fluctuations Public Economics E42 E43 E51 E52 G21
Discussion paper DP15289 Monetary Policy Surprises and Exchange Rate Behavior Refet Gürkaynak A. Hakan Kara Burçin Kısacıkoğlu Sang Seok Lee 12 Sep 2020 International Macroeconomics and Finance Monetary Economics and Fluctuations E43 E44 E52 E58 G14
Discussion paper DP15282 Debt Sustainability in a Low Interest Rate World Dmitriy Sergeyev Neil Mehrotra 11 Sep 2020 Monetary Economics and Fluctuations E43 E62 H68
Discussion paper DP15122 Fundamental Disagreement about Monetary Policy and the Term Structure of Interest Rates Shuo Cao Richard K. Crump Stefano Eusepi Emanuel Moench 2 Aug 2020 Financial Economics Monetary Economics and Fluctuations D83 D84 E43 G10 G12
Discussion paper DP15123 Procyclical Asset Management and Bond Risk Premia Alexandru Barbu Christoph Fricke Emanuel Moench 2 Aug 2020 Financial Economics G11 G23 E43
Discussion paper DP15001 A dilemma between liquidity regulation and monetary policy: some history and theory Eric Monnet Miklos Vari 6 Jul 2020 Economic History Monetary Economics and Fluctuations E43 E52 E58 G28 N10 N20
Discussion paper DP14988 Negative Monetary Policy Rates and Systemic Banks’ Risk-Taking: Evidence from the Euro Area Securities Register Johannes Bubeck Angela Maddaloni Jose-Luis Peydro 3 Jul 2020 Monetary Economics and Fluctuations E43 E52 E58 G01 G21
Discussion paper DP14924 Paying Too Much? Borrower Sophistication and Overpayment in the US Mortgage Market Neil Bhutta Aurel Hizmo 24 Jun 2020 Financial Economics G21 G51 G53 E43
Discussion paper DP14889 Uncovered Interest Parity, Forward Guidance and the Exchange Rate Jordi Galí 13 Jun 2020 International Macroeconomics and Finance Monetary Economics and Fluctuations E43 E58 F41
Discussion paper DP14868 Debt Crises, Fast and Slow Giancarlo Corsetti Fred Seunghyun Maeng 10 Jun 2020 Financial Economics International Macroeconomics and Finance Monetary Economics and Fluctuations E43 E62 H50 H63