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Federal funds futures, overnight indexed swaps, monetary policy expectations
Dynamic term structure model, monetary policy expectations, overnight indexed swaps, term premia, term structure of interest rates
Dynamic term structure model; Monetary policy expectations; Overnight indexed swaps; Term premia; Term structure of interest rates.
Business cycle risk, exchange rates, risk premia, stochastic discount factor, uncovered interest parity, yield curves
trade, global value chains, volatility
international spillovers, local projections, monetary policy, policy interactions, prudential policy
international spillovers, local projections, policy interactions, monetary policy, prudential policy
Financial stability, GDP-at-Risk, international spillovers, local projections, quantile regression, tail risk
Monetary policy expectations, Overnight Indexed Swaps.
Monetary Policy, Prudential Policy, Policy Interactions, Spillovers, Financial Centre
cross-border bank lending, monetary policy, prudential policy, policy interactions, spillovers, financial centre
Comparative advantage, Current account, Global imbalances, Services trade policy, Trade liberalisation
Cross-border bank lending, financial intermediation, monetary policy, macroprudential policy, policy interactions, spillovers
International trade, open-economy macroeconomics, Armington aggregator, elasticity of trade
International Trade, Open-economy Macroeconomics, Armington Aggregator, Elasticity of Trade
bank lending, cross-border lending, International financial centres, monetary policy, negative interest rates, risk-taking
Bank lending, cross-border lending, international financial centres, monetary policy, negative interest rates, risk-taking
Growth-at-risk, macroprudential policy, narrative identification, quantile local projections
growth-at-risk, macroprudential policy, narrative identification, quantile local projections
Services trade restrictions, commercial banking restrictions, cross-border bank lending, banks’ business models
Cross-Border Transmission; Incomplete Asset Markets; Intermediate Goods Trade; Global Financial Markets; Supply Chain Linkages
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cross-border banking flows, international financial centre, macroprudential policy, spillover effects