Bernd Schlusche

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

14

DOWNLOADS
Rank 4,699

SSRN RANKINGS

Top 4,699

in Total Papers Downloads

7,324

CITATIONS
Rank 25,522

SSRN RANKINGS

Top 25,522

in Total Papers Citations

10

Scholarly Papers (14)

1.

Market Reaction to Corporate Press Releases

Number of pages: 58 Posted: 21 Feb 2010 Last Revised: 13 Nov 2011
Andreas Neuhierl, Anna Scherbina and Bernd Schlusche
University of Notre Dame - Department of Finance, University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 1,618 (5,381)
Citation 2

Abstract:

Corporate News, Event Study, Market Efficiency

2.

Asset Price Bubbles: A Survey

Number of pages: 43 Posted: 28 Mar 2011 Last Revised: 03 Feb 2013
Anna Scherbina and Bernd Schlusche
University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 945 (14,072)

Abstract:

Bubbles, Limits to Arbitrage, Financial Crisis

3.

Data Snooping and Market-Timing Rule Performance

Number of pages: 52 Posted: 18 Feb 2009 Last Revised: 19 Jul 2013
Andreas Neuhierl and Bernd Schlusche
University of Notre Dame - Department of Finance and Board of Governors of the Federal Reserve System
Downloads 936 (17,960)
Citation 4

Abstract:

Market Timing, Data Snooping, Multiple Testing, Reality Check, SPA Test, Stepwise Method

Cross-Firm Information Flows and the Predictability of Stock Returns

Number of pages: 77 Posted: 11 May 2013 Last Revised: 21 Mar 2016
Anna Scherbina and Bernd Schlusche
University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 992 (17,258)

Abstract:

Information Leadership, Lead-Lag Effect, Corporate News Announcements, Limited Attention, Market Efficiency

5.

Price Formation in Spot and Futures Markets: Exchange Traded Funds vs. Index Futures

Number of pages: 35 Posted: 06 Oct 2009
Bernd Schlusche
Board of Governors of the Federal Reserve System
Downloads 498 (37,718)
Citation 4

Abstract:

Index Futures, Exchange Traded Funds, Vector Error Correction Model, Common Factor Weights

6.

Economic Linkages Inferred from News Stories and the Predictability of Stock Returns

Number of pages: 53 Posted: 05 Dec 2013 Last Revised: 30 Dec 2015
Anna Scherbina and Bernd Schlusche
University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 294 (42,405)

Abstract:

News Media, Soft Information, Linked Stocks, Information Leadership, Lead-Lag Effect, Complex Information, Limited Attention, Market Efficiency

The Effect of Bank Supervision on Risk Taking: Evidence from a Natural Experiment

Number of pages: 50 Posted: 22 Mar 2017 Last Revised: 30 Jun 2017
John Kandrac and Bernd Schlusche
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 160 (155,994)

Abstract:

Bank Supervision, Risk Taking, S&L Crisis, Lending, Resolution Costs

The Effect of Bank Supervision on Risk Taking: Evidence from a Natural Experiment

FEDS Working Paper No. 2017-079
Number of pages: 51 Posted: 07 Sep 2017
John Kandrac and Bernd Schlusche
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 10 (528,108)

Abstract:

S&L crisis, Bank supervision, Lending, Resolution costs, Risk taking

An Agency Problem in the MBS Market and the Solicited Refinancing Channel of Large-Scale Asset Purchases

Number of pages: 53 Posted: 29 May 2014 Last Revised: 29 Apr 2015
John Kandrac and Bernd Schlusche
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 103 (221,239)

Abstract:

QE, LSAP, mortgage-backed securities, monetary policy, Federal Reserve, mortgage, prepayment rates

An Agency Problem in the MBS Market and the Solicited Refinancing Channel of Large-Scale Asset Purchases

FEDS Working Paper No. 2015-027, http://dx.doi.org/10.17016/FEDS.2015.027
Number of pages: 50 Posted: 09 May 2015
John Kandrac and Bernd Schlusche
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 36 (385,203)

Abstract:

Federal Reserve, LSAP, Monetary policy, QE, mortgage, mortgage-backed securities, prepayment rates

9.

Flow Effects of Large-Scale Asset Purchases

Number of pages: 14 Posted: 20 Jul 2013 Last Revised: 27 Mar 2017
John Kandrac and Bernd Schlusche
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 127 (155,855)

Abstract:

LSAP, Quantitative Easing, Open Market Operations, Liquidity, Monetary Policy

10.

The Federal Reserve's Balance Sheet and Overnight Interest Rates

Number of pages: 42 Posted: 01 Jan 2013
Jaime Marquez, Ari Morse and Bernd Schlusche
Board of Governors of the Federal Reserve System - International Financial Transactions Section, Carnegie Mellon University - David A. Tepper School of Business and Board of Governors of the Federal Reserve System
Downloads 48 (322,320)

Abstract:

Reserve Balances, Federal Funds Rate, Balance Sheet, Large-Scale Asset Purchases, Interest Rate on Excess Reserves, Exit Strategy

Demand for M2 at the Zero Lower Bound: The Recent U.S. Experience

FEDS Working Paper No. 2014-22
Number of pages: 43 Posted: 02 Apr 2014
Ruth Judson, Bernd Schlusche and Vivian Wong
Board of Governors of the Federal Reserve - Division of International Finance, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 28 (420,258)

Abstract:

money demand, M2, zero lower bound, opportunity cost

Demand for M2 at the Zero Lower Bound: The Recent U.S. Experience

FEDS Working Paper No. 2014-22
Number of pages: 43 Posted: 31 May 2017
Ruth Judson, Bernd Schlusche and Vivian Wong
Board of Governors of the Federal Reserve - Division of International Finance, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 0

Abstract:

Money demand, M2, zero lower bound, opportunity cost

12.

Asset Bubbles: An Application to Residential Real Estate

European Financial Management, Vol. 18, Issue 3, pp. 464-491, 2012
Number of pages: 28 Posted: 19 May 2012
Anna Scherbina and Bernd Schlusche
University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 1 (551,212)
  • Add to Cart

Abstract:

bubbles, residential real estate, limits to arbitrage, financial crisis

13.

Performance Isn't Everything: Personal Characteristics and Career Outcomes of Mutual Fund Managers

Number of pages: 77 Posted: 07 Sep 2017
Brad M. Barber, Anna Scherbina and Bernd Schlusche
University of California, Davis, University of California, Davis - Graduate School of Management and Board of Governors of the Federal Reserve System
Downloads 0 (284,465)

Abstract:

Women in Finance, Diversity, Career Advancement, Mutual Fund Industry, Mutual Fund Managers, Mutual Fund Manager Performance

14.

Quantitative Easing and Bank Risk Taking: Evidence from Lending

Number of pages: 51 Posted: 02 Nov 2015 Last Revised: 14 Jun 2017
John Kandrac and Bernd Schlusche
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 0 (56,216)

Abstract:

QE, bank lending, reserve balances, monetary policy, Federal Reserve, risk-taking channel, LSAP, portfolio substitution effect