SSRN Bank of Finland Research Paper Series

1.

The Effect of Tltro-Ii on Bank Lending

Bank of Finland Research Discussion Paper No. 7/2019

Number of pages: 32 Posted: 09 Apr 2019 Last Revised: 10 Apr 2019

Working Paper Series

Olli-Matti Laine

Bank of Finland

Downloads 4

2.

The Formation of Hidden Negative Capital in Banking: A Product Mismatch Hypothesis

BOFIT Discussion Paper No. 6/2019

Number of pages: 43 Posted: 05 Apr 2019 Last Revised: 06 Apr 2019

Working Paper Series

Alexander Kostrov and Mikhail Mamonov

National Research University Higher School of Economics and National Research University Higher School of Economics

Downloads 3

3.

Credit and Fiscal Multipliers in China

BOFIT Discussion Paper No. 5/2019

Number of pages: 33 Posted: 04 Mar 2019

Working Paper Series

Sophia Chen, Lev Ratnovski and Pi-Han Tsai

International Monetary Fund (IMF) - Research Department, International Monetary Fund (IMF) and Zhejiang University - College of Economics

There are 2 versions of this paper

Downloads 7

4.

Political Connections and Firm Pollution Behaviour: An Empirical Study

BOFIT Discussion Paper No. 4/2019

Number of pages: 40 Posted: 01 Mar 2019 Last Revised: 02 Mar 2019

Working Paper Series

Yuping Deng, Yanrui Wu and Helian Xu

The University of Western Australia - UWA Business School, University of Western Australia and Hunan University - School of Economic & Trade

Downloads 10

5.

Truths and Myths About RMB Misalignment: A Meta-Analysis

BOFIT Discussion Paper No. 3/2019

Number of pages: 47 Posted: 01 Mar 2019 Last Revised: 02 Mar 2019

Working Paper Series

Yin-Wong Cheung and Shi He

City University of Hong Kong - Department of Economics & Finance and City University of Hong Kong (CityUHK)

Downloads 7

6.

On the Long-Run Calibration of the Credit-to-GDP Gap as a Banking Crisis Predictor

Bank of Finland Research Discussion Paper No. 6/2019

Number of pages: 14 Posted: 26 Feb 2019 Last Revised: 01 Mar 2019

Working Paper Series

Karlo Kauko and Eero Tölö

Bank of Finland and Bank of Finland - Financial Markets

Downloads 9

7.

Financial Stability and Public Confidence in Banks

BOFIT Discussion Paper No. 2/2019

Number of pages: 34 Posted: 25 Feb 2019

Working Paper Series

Lucy Chernykh, Denis Davydov and Jukka Sihvonen

Clemson University, University of Vaasa - Department of Accounting and Finance and Aalto University

Downloads 15

8.

Assessing U.S. Aggregate Fluctuations Across Time and Frequencies

Bank of Finland Research Discussion Paper No. 5/2019

Number of pages: 67 Posted: 21 Feb 2019 Last Revised: 27 Feb 2019

Working Paper Series

Thomas A. Lubik, Christian Matthes and Fabio Verona

Johns Hopkins University - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Richmond and Bank of Finland - Research

Downloads 20

9.

Model-Based Regulation and Firms' Access to Finance

Bank of Finland Research Discussion Paper No. 4/2019

Number of pages: 49 Posted: 19 Feb 2019

Working Paper Series

Saara Tuuli

University of Helsinki

Downloads 16

10.

Domestic Banks as Lightning Rods? Home Bias and Information During Eurozone Crisis

Bank of Finland Research Discussion Paper No. 3/2019

Number of pages: 61 Posted: 07 Feb 2019 Last Revised: 08 Feb 2019

Working Paper Series

Orkun Saka

London School of Economics (LSE)

There are 2 versions of this paper

Downloads 13

11.

IQ, Expectations, and Choice

Bank of Finland Research Discussion Paper No. 2/2019

Number of pages: 44 Posted: 24 Jan 2019

Working Paper Series

Francesco D'Acunto, Daniel Hoang, Maritta Paloviita and Michael Weber

Boston College, Karlsruhe Institute of Technology (KIT), Bank of Finland - Research and University of Chicago - Finance

There are 3 versions of this paper

Downloads 39

12.

Lending Cycles and Real Outcomes: Costs of Political Misalignment

BOFIT Discussion Paper No. 1/2019

Number of pages: 86 Posted: 24 Jan 2019

Working Paper Series

Cagatay Bircan and Orkun Saka

European Bank for Reconstruction and Development and London School of Economics (LSE)

There are 3 versions of this paper

Downloads 8

13.

Money Growth and Inflation: International Historical Evidence on High Inflation Episodes for Developed Countries

Bank of Finland Research Discussion Paper No. 1/2019

Number of pages: 31 Posted: 14 Jan 2019

Working Paper Series

Marco Gallegati, Federico Giri and Michele U. Fratianni

Università Politecnica delle Marche - Faculty of Economics, Università Politecnica delle Marche and Indiana University - Kelley School of Business - Department of Business Economics & Public Policy

Downloads 24

14.

In Search of Fluctuations: Another Look at China's Incredibly Stable GDP Growth

BOFIT Discussion Paper No. 23/2018

Number of pages: 29 Posted: 07 Jan 2019 Last Revised: 12 Jan 2019

Working Paper Series

Eeva Kerola

Bank of Finland

Downloads 21

15.

The Slow Road from Serfdom: Labor Coercion and Long-Run Development in the Former Russian Empire

BOFIT Discussion Paper No. 22/2018

Number of pages: 49 Posted: 26 Dec 2018

Working Paper Series

Johannes C. Buggle and Steven Nafziger

University of Lausanne - Department of Economics (DEEP) and Williams College

Downloads 19

16.

Securitization and Crash Risk: Evidence from Large European Banks

Bank of Finland Research Discussion Paper No. 26/2018

Number of pages: 44 Posted: 14 Dec 2018

Working Paper Series

Francesca Battaglia, Bonnie Buchanan, Franco Fiordelisi and Ornella Ricci

University of Naples Parthenope, Seattle University - Albers School of Business and Economics, University of Rome III - Department of Business Studies and University of Roma Tre, Department of Business Studies

Downloads 21

17.

How Do Shocks to Bank Capital Affect Lending and Growth?

Bank of Finland Research Discussion Paper No. 25/2018

Number of pages: 65 Posted: 30 Nov 2018

Working Paper Series

Eero Tölö and Paavo Miettinen

Bank of Finland - Financial Markets and Bank of Finland

Downloads 18

18.

Shock Contagion, Asset Quality and Lending Behavior

BOFIT Discussion Paper No. 21/2018

Number of pages: 34 Posted: 30 Nov 2018 Last Revised: 01 Dec 2018

Working Paper Series

Tho Pham, Oleksandr Talavera and Andriy Tsapin

University of Reading, Swansea University - School of Management and National Bank of Ukraine

Downloads 7

19.

Fiscal Incentives, Competition, and Investment in China

BOFIT Discussion Paper No. 20/2018

Number of pages: 26 Posted: 26 Nov 2018

Working Paper Series

Bingyang Lv, Yongzheng Liu, Yan Li and Siying Ding

Renmin University of China - China Financial Policy Research Center, Renmin University of China, Renmin University of China and Indiana University Bloomington

Downloads 5

20.

Learning Chinese? The Changing Investment Behavior of Foreign Institutions in the Chinese Stock Market

BOFIT Discussion Paper No. 19/2018

Number of pages: 37 Posted: 21 Nov 2018 Last Revised: 22 Nov 2018

Working Paper Series

Timo Korkeamäki, Nader Virk, Haizhi Wang and Peng Wang

Hanken School of Economics, University of Plymouth, Illinois Institute of Technology - Stuart School of Business and University of Southampton

Downloads 21

21.

Not All Cities are Alike: House Price Heterogeneity and the Design of Macro-Prudential Policies in China

BOFIT Discussion Paper No. 18/2018

Number of pages: 36 Posted: 21 Nov 2018

Working Paper Series

Michael Funke, Andrew Tsang and Linxu Zhu

University of Hamburg - Department of Economics, University of Hamburg - Faculty of Business, Economics, and Social Sciences and University of Hamburg - Department of Economics

Downloads 16

22.

Effects of Monetary Policy Decisions on Professional Forecasters’ Expectations and Expectations Uncertainty

Bank of Finland Research Discussion Paper No. 24/2018

Number of pages: 40 Posted: 21 Nov 2018 Last Revised: 22 Nov 2018

Working Paper Series

Sami Oinonen, Maritta Paloviita and Matti Viren

Bank of Finland - Monetary Policy, Bank of Finland - Research and Bank of Finland - Research

Downloads 8

23.

Paradise Lost? A Brief History of DSGE Macroeconomics

Bank of Finland Research Discussion Paper No. 22/2018

Number of pages: 34 Posted: 08 Nov 2018 Last Revised: 16 Nov 2018

Working Paper Series

Adam Gulan

Bank of Finland - Research

Downloads 30

24.

Predicting Relative Forecasting Performance: An Empirical Investigation

Bank of Finland Research Discussion Paper No. 23/2018

Number of pages: 43 Posted: 08 Nov 2018 Last Revised: 16 Nov 2018

Working Paper Series

Eleonora Granziera and Tatevik Sekhposyan

Bank of Finland and Texas A&M University - Department of Economics

There are 2 versions of this paper

Downloads 15

25.

Channels of Dialogue between International Businesses and National Governments: The Implications for Domestic Reforms and International Relations in the Case of Russia

BOFIT Policy Brief 5/2018

Number of pages: 24 Posted: 04 Nov 2018

Accepted Paper Series

Andrei A. Yakovlev, Lev Freinkman and Nina Ershova

National Research University Higher School of Economics, National Research University Higher School of Economics and National Research University Higher School of Economics

Downloads 7

26.

The Power of Forward Guidance and the Fiscal Theory of the Price Level

Bank of Finland Research Discussion Paper No. 21/2018

Number of pages: 33 Posted: 30 Oct 2018 Last Revised: 29 Nov 2018

Working Paper Series

Nigel McClung

Bank of Finland

Downloads 7

27.

Intermediation in a Directed Search Model

Bank of Finland Research Discussion Paper No. 20/2018

Number of pages: 18 Posted: 29 Oct 2018 Last Revised: 16 Nov 2018

Working Paper Series

Klaus Kultti, Tuomas Takalo and Oskari Vähämaa

University of Helsinki - Department of Political and Economic Studies, Bank of Finland, Monetary Policy and Research Department and University of Turku

Downloads 8

28.

Enforcement of Banking Regulation and the Cost of Borrowing

Bank of Finland Research Discussion Paper No. 19/2018

Number of pages: 60 Posted: 19 Oct 2018 Last Revised: 16 Nov 2018

Working Paper Series

Yota Deli, Manthos D. Delis, Iftekhar Hasan and Liuling Liu

University of Glasgow - Adam Smith Business School, Montpellier Business School, Fordham University - Gabelli School of Business and Bowling Green State University - College of Business Administration

Downloads 30

29.

Democratic Development and Credit: “Democracy Doesn't Come Cheap” But at Least Credit to its Corporations Will Be

Bank of Finland Research Discussion Paper No. 18/2018

Number of pages: 84 Posted: 12 Oct 2018 Last Revised: 16 Nov 2018

Working Paper Series

Manthos D. Delis, Iftekhar Hasan and Steven Ongena

Montpellier Business School, Fordham University - Gabelli School of Business and University of Zurich

Downloads 20

30.

Private Information and Lender Discretion Across Time and Institutions

Bank of Finland Research Discussion Paper No. 17/2018

Number of pages: 53 Posted: 12 Oct 2018 Last Revised: 13 Oct 2018

Working Paper Series

Gene Ambrocio and Iftekhar Hasan

Bank of Finland and Fordham University - Gabelli School of Business

Downloads 5

31.

The Transmission of International Shocks to CIS Economies: A Global VAR Approach

BOFIT Discussion Paper No. 17/2018

Number of pages: 47 Posted: 04 Oct 2018

Working Paper Series

Oleksandr Faryna and Heli Simola

National Bank of Ukraine and Bank of Finland - Institute for Economies in Transition (BOFIT)

Downloads 5

32.

Did the Basel Process of Capital Regulation Enhance the Resiliency of European Banks?

Bank of Finland Research Discussion Paper No. 16/2018

Number of pages: 50 Posted: 28 Sep 2018 Last Revised: 02 Oct 2018

Working Paper Series

Thomas Gehrig and Maria Chiara Iannino

University of Vienna - Faculty of Business, Economics, and Statistics and University of St Andrews

There are 3 versions of this paper

Downloads 31

33.

Persistent and Transient Inefficiency: Explaining the Low Efficiency of Chinese Big Banks

BOFIT Discussion Paper No. 16/2018

Number of pages: 30 Posted: 27 Jul 2018 Last Revised: 20 Aug 2018

Working Paper Series

Zuzana Fungáčová, Laurent Weill and Paul-Olivier Klein

Bank of Finland, University of Strasbourg - LaRGE Research Center (Laboratoire de Recherche en Gestion et Economie) and University of Aberdeen Business School

There are 2 versions of this paper

Downloads 14

34.

Persistent and Transient Inefficiency: Explaining the Low Efficiency of Chinese Big Banks

Bank of Finland Research Discussion Paper No. 16/2018

Posted: 27 Jul 2018 Last Revised: 24 Aug 2018

Working Paper Series

Zuzana Fungáčová and Laurent Weill

Bank of Finland and University of Strasbourg - LaRGE Research Center (Laboratoire de Recherche en Gestion et Economie)

There are 2 versions of this paper

35.

Bank Profitability and Economic Growth

BOFIT Discussion Paper No. 15/2018

Number of pages: 43 Posted: 03 Jul 2018 Last Revised: 20 Aug 2018

Working Paper Series

Paul-Olivier Klein and Laurent Weill

University of Aberdeen Business School and University of Strasbourg - LaRGE Research Center (Laboratoire de Recherche en Gestion et Economie)

Downloads 64

36.

Inference in Structural Vector Auto Regressions When the Identifying Assumptions are Not Fully Believed: Re-Evaluating the Role of Monetary Policy in Economic Fluctuations

Bank of Finland Research Discussion Paper No. 14/2018

Number of pages: 55 Posted: 20 Jun 2018 Last Revised: 22 Jun 2018

Working Paper Series

Christiane Baumeister and James D. Hamilton

University of Notre Dame and University of California at San Diego

Downloads 12

37.

Testing the Systemic Risk Differences in Banks

Bank of Finland Research Discussion Paper No. 13/2018

Number of pages: 56 Posted: 02 Jun 2018 Last Revised: 03 Jun 2018

Working Paper Series

Esa Jokivuolle, Radu Tunaru and Davide Vioto

Bank of Finland, Research Unit, University of Kent - Kent Business School and University of Kent - Kent Business School

Downloads 27

38.

Growing Against the Background of Colonization? Chinese Labor Market and FDI in a Historical Perspective

BOFIT Discussion Paper No. 14/2018

Number of pages: 34 Posted: 02 Jun 2018 Last Revised: 03 Jun 2018

Working Paper Series

Hao Wang, Jan Fidrmuc and Yunhua Tian

Brunel University London - Department of Economics and Finance, Brunel University - Department of Economics and Finance and Guangdong University of Foreign Studies

There are 2 versions of this paper

Downloads 15

39.

Measuring the Effects of Conventional and Unconventional Monetary Policy in the Euro Area

Bank of Finland Research Discussion Paper No. 12/2018

Number of pages: 50 Posted: 30 May 2018 Last Revised: 31 May 2018

Working Paper Series

Juho Anttila

ETLA, Research Institute of the Finnish Economy

Downloads 25

40.

Getting Better? The Effect of the Single Supervisory Mechanism on Banks' Loan Loss Reporting and Loan Loss Reserves

Bank of Finland Research Discussion Paper No. 11/2018

Number of pages: 54 Posted: 24 May 2018 Last Revised: 25 May 2018

Working Paper Series

Kim Ristolainen

University of Turku

Downloads 24

41.

Does Lending Relationship Help or Alleviate the Transmission of Liquidity Shocks? Evidence from a Liquidity Crunch in China

BOFIT Discussion Paper No. 13/2018

Number of pages: 36 Posted: 22 May 2018 Last Revised: 23 May 2018

Working Paper Series

Yiyi Bai, Tri Vi Dang, Qing He and Liping Lu

Tilburg University - CentER, European Banking Center (EBC), Columbia University - Department of Economics, Renmin University of China and VU University Amsterdam - Department of Finance and Financial Sector Management

Downloads 22

42.

The Credit Risk of Chinese Households: A Micro-Level Assessment

BOFIT Discussion Paper No. 12/2018

Number of pages: 32 Posted: 21 May 2018 Last Revised: 23 May 2018

Working Paper Series

Michael Funke, Rongrong Sun and Linxu Zhu

University of Hamburg - Department of Economics, University of Nottingham, Ningbo - School of Economics and University of Hamburg - Department of Economics

Downloads 25

43.

Developing an Underlying Inflation Gauge for China

BOFIT Discussion Paper No. 11/2018

Number of pages: 47 Posted: 08 May 2018 Last Revised: 10 May 2018

Working Paper Series

Marlene Amstad, Ye Huan and Guonan Ma

The Chinese University of Hong Kong, Shenzhen, The People's Bank of China (PBC) and Bruegel

There are 2 versions of this paper

Downloads 9

44.

Oil Price Collapse and Firm Leverage in Resource-Dependent Countries

BOFIT Discussion Paper No. 10/2018

Number of pages: 32 Posted: 04 May 2018 Last Revised: 06 May 2018

Working Paper Series

Sanna Kurronen

University of Helsinki

Downloads 14

45.

Going with the Flows: New Borrowing, Debt Service and the Transmission of Credit Booms

Bank of Finland Research Discussion Paper No. 10/2018

Number of pages: 56 Posted: 25 Apr 2018 Last Revised: 27 Apr 2018

Working Paper Series

Mathias Drehmann, Mikael Juselius and Anton Korinek

Bank for International Settlements (BIS), Bank of Finland and University of Virginia - Department of Economics and Darden School of Business

There are 2 versions of this paper

Downloads 19

46.

Can Media and Text Analytics Provide Insights into Labour Market Conditions in China?

BOFIT Discussion Paper No. 9/2018

Number of pages: 44 Posted: 23 Apr 2018 Last Revised: 25 Apr 2018

Working Paper Series

Jeannine Bailliu, Xinfen Han, Mark Kruger, Yu-Hsien Liu and Sri Thanabalasingam

Bank of Canada, Government of Canada - Bank of Canada, Government of Canada - Bank of Canada, Government of Canada - Bank of Canada and Government of Canada - Bank of Canada

Downloads 15

47.

Optimal Monetary Policy Under Bounded Rationality

Bank of Finland Research Discussion Paper No. 9/2018

Number of pages: 56 Posted: 23 Apr 2018

Working Paper Series

Jonathan Benchimol and Lahcen Bounader

Bank of Israel and affiliation not provided to SSRN

There are 2 versions of this paper

Downloads 14

48.

Towards Increased Complexity in Russian Regions: Networks, Diversification and Growth

BOFIT Discussion Paper No. 8/2018

Number of pages: 34 Posted: 17 Apr 2018 Last Revised: 19 Apr 2018

Working Paper Series

Vanya Lioubimov, Margarita Gvozdeva and Maria Lysyuk

Gaidar Institute for Economic Policy, Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research and Gaidar Institute for Economic Policy

Downloads 13

49.