The Effect of Foreign Investors on Local Housing Markets: Evidence from the UK
Filipa Sá
Paper No CFM-DP2016-39, November 2016
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Time-Consistent Fiscal Policy in a Debt Crisis
Neele Balke and Morten Ravn
Paper No CFM-DP2016-38, November 2016
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Aggregate Hiring and the Value of Jobs Along the Business Cycle
Eran Yashiv
Paper No CFM-DP2016-37, November 2016
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Foreign Booms, Domestic Busts: The Global Dimension of Banking Crises
Ambrogio Cesa-Bianchi, Fernando Eguren Martin and Gregory Thwaites
Paper No CFM-DP2016-36, November 2016
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History Dependence in the Housing Market
Philippe Bracke and Silvana Tenreyro
Paper No CFM-DP2016-35, November 2016
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Achieving Price Stability by Manipulating the Central Bank's Payment on Reserves
Robert E. Hall and Ricardo Reis
Paper No CFM-DP2016-34, October 2016
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Macroeconomic Fluctuations with HANK &
SAM: An Analytical Approach
Morten O. Ravn and Vincent Sterk
Paper No CFM-DP2016-33, October 2016
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The Impact of Taxes on Income Mobility
Mario Alloza
Paper No CFM-DP2016-32, October 2016
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Is Fiscal Policy More Effective in Uncertain Times or
During Recessions?
Mario Alloza
Paper No CFM-DP2016-31, October 2016
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Investment in Productivity and the Long-Run Effect of
Financial Crises on Output
Maarten de Ridder
Paper No CFM-DP2016-30, October 2016
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Returns to on-the-job search and the dispersion of wages
Axel Gottfries and Coen Teulings
Paper No CFM-DP2016-29, October 2016
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Secular Stagnation, Rational Bubbles, and Fiscal Policy
Coen N. Teulings
Paper No CFM-DP2016-28, October 2016
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ESBies: Safety in the tranches
Markus K. Brunnermeier, Sam Langfield, Marco Pagano, Ricardo Reis, Stijn Van Nieuwerburgh, Dimitri Vayanos
Paper No CFM-DP2016-27, September 2016
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Funding Quantitative Easing to Target Inflation
Ricardo Reis
Paper No CFM-DP2016-26, September 2016
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Nominal rigidities in debt and product markets
Carlos Garriga, Finn E. Kydland and Roman Sustek
Paper No CFM-DP2016-25, August 2016
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Financial Market Imperfections and Labour Market Outcomes
Alireza Sepahsalari
Paper No CFM-DP2016-24, August 2016
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The Macroeconomic Shock with the Highest Price of Risk
Gabor Pinter
Paper No CFM-DP2016-23, August 2016
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Finance and Synchronization
Ambrogio Cesa-Bianchi, Jean Imbs and Jumana Saleheen
Paper No CFM-DP2016-22, August 2016
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The Decision to Move House and Aggregate Housing-Market Dynamics
L. Rachel Ngai and Kevin Sheedy
Paper No CFM-DP2016-21, July 2016
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QE in the Future: the central bank’s balance sheet in a financial crisis
Ricardo Reis
Paper No CFM-DP2016-20, July 2016
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Can Agents with Causal Misperceptions be Systemically Fooled?
Ran Spiegler
Paper No CFM-DP2016-19, June 2016
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Optimal Automatic Stabilizers
Alisdair McKay and Ricardo Reis
Paper No CFM-DP2016-18, June 2016
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The Sovereign-Bank Diabolic Loop and ESBies
Markus K. Brunnermeier, Luis Garicano, Philip R. Lane, Marco Pagano, Ricardo Reis, Tano Santos, David Thesmar, Stijn Van Nieuwerburgh, and Dimitri Vayanosy
Paper No CFM-DP2016-17, June 2016
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Matching Workers
Espen R. Moen and Eran Yashiv
Paper No CFM-DP2016-16, June 2016
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Job Displacement Risk and Severance Pay
Giulio Fella and Marco Cozzi
Paper No CFM-DP2016-15, May 2016
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Parents, Schools and Human Capital Differences across Countries
Marta De Philippis and Federico Rossi
Paper No CFM-DP2016-14, May 2016
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Unsurprising Shocks: Information, Premia, and the Monetary Transmission
Silvia Miranda-Agrippino
Paper No CFM-DP2016-13, May 2016
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Monetary Policy Transmission in an Open Economy: New Data and Evidence from the United Kingdom
Ambrogio Cesa-Bianchi, Gregory Thwaites and Alejandro Vicondoa
Paper No CFM-DP2016-12, April 2016
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The Theory of Unconventional Monetary Policy
Roger Farmer and Pawel Zabczyk
Paper No CFM-DP2016-11, April 2016
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Firms' Precautionary Savings and Employment During a Credit Crisis
Davide Melcangi
Paper No CFM-DP2016-10, March 2016
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VAR Models with Non-Gaussian Shocks
Ching-Wai Chiu, Haroon Mumtaz and Gabor Pinter
Paper No CFM-DP2016-09, March 2016
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On the Mechanics of New Keynesian Models
Peter Rupert and Roman Sustek
Paper No CFM-DP2016-08, February 2016
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The Residential Collateral Channel
Saleem Bahaj, Angus Foulis and Gabor Pinter
Paper No CFM-DP2016-07, February 2016
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Stagnation Traps
Gianluca Benigno and Luca Fornaro
Paper No CFM-DP2016-06, February 2016
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Secular Drivers of the Global Real Interest Rate
Lukasz Rachel and Thomas D Smith
Paper No CFM-DP2016-05, February 2016
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Tracking the Slowdown in Long-Run GDP Growth
Juan Antolin-Diaz, Thomas Drechsel and Ivan Petrella
Paper No CFM-DP2016-04, January 2016
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The Dark Corners of the Labor Market
Vincent Sterk
Paper No CFM-DP2016-03, January 2016
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Models, Inattention and Expectation Updates
Raffaella Giacomini, Vasiliki Skreta and Javier Turen
Paper No CFM-DP2016-02, January 2016
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Asymmetric Inflation Expectations, Downward Rigidity of Wages and Asymmetric Business Cycles
David Rezza Baqaee
Paper No CFM-DP2016-01, January 2016
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