Discussion paper DP17053 The Shadow Value of Unconventional Monetary Policy Ugo Albertazzi Lorenzo Burlon Tomas Jankauskas Nicola Pavanini 20 Feb 2022 Financial Economics Industrial Organization E44 E52 E58 G01 G21 L13
Discussion paper DP16477 Mutual Fund Trading and ESG Clientele During the COVID-19 Stock Market Crash Rui Albuquerque Yrjo Koskinen Raffaele Santioni 14 Feb 2022 Financial Economics G01 G12 G23 G32 M14
Discussion paper DP17022 Too Much Finance... For Whom? The Causal Effects of the Two Faces of Financial Development Rachel Cho Rodolphe Desbordes Markus Eberhardt 9 Feb 2022 Development Economics Financial Economics Macroeconomics and Growth F43 G01 G21 O40
Discussion paper DP16438 The Bank Liquidity Channel of Financial (In)stability Joshua Bosshardt Ali Kakhbod Farzad Saidi 4 Jan 2022 Financial Economics Monetary Economics and Fluctuations E44 G01 G21 G28
Discussion paper DP16837 Fear of Hiking? Rising Interest Rates in Times of High Public Debt Martin Wolf Leopold Zessner-Spitzenberg 26 Dec 2021 International Macroeconomics and Finance Monetary Economics and Fluctuations E43 E44 F34 G01 H63
Discussion paper DP16819 Creative Destruction During Crises: An Opportunity for a Cleaner Energy Mix Pragyan Deb Davide Furceri Jonathan D. Ostry Nour Tawk 18 Dec 2021 International Macroeconomics and Finance E32 E6 G01 O13 Q4 Q54 Q56
Discussion paper DP16809 A Wake-Up Call Theory of Contagion Toni Ahnert Christoph Bertsch 13 Dec 2021 Financial Economics D83 F3 G01 G21
Discussion paper DP16749 What Types of Capital Flows Help Improve International Risk Sharing? Ergys Islamaj M. Ayhan Kose 22 Nov 2021 International Macroeconomics and Finance E1 F02 F4 G01
Discussion paper DP16637 A Mountain of Debt: Navigating the Legacy of the Pandemic M. Ayhan Kose Franziska Ohnsorge Naotaka Sugawara 14 Oct 2021 International Macroeconomics and Finance E32 E62 G01 H63
Discussion paper DP16628 Bank Use of Sovereign CDS in the Eurozone Crisis: Hedging and Risk Incentives Viral Acharya Timothy Johnson 13 Oct 2021 Financial Economics G01 G15 G21 H63
Discussion paper DP16630 International trade and letters of credit: A double-edged sword in times of crises Banu Demir Matthieu Crozet Beata Javorcik 13 Oct 2021 International Macroeconomics and Finance International Trade and Regional Economics G01 F14 F23
Discussion paper DP16594 Banks’ Equity Stakes in Firms: A Blessing or Curse in Credit Markets? Falko Fecht Jose-Luis Peydro Günseli Tümer-Alkan Yuejuan Yu 1 Oct 2021 Financial Economics G01 G21 G28 G30