금융 | The costs of deflations: a historical perspective | 한국금융연구원

[LHKOREA]

2015-03-24 일자 [제 15-21 호]

The costs of deflations: a historical perspective
BIS (2015-03-24)

Concerns about deflation - falling prices of goods and services - are rooted in the view that it is very costly. We test the historical link between output growth and deflation in a sample covering 140 years for up to 38 economies ..  more

Progress with structural reforms across the euro area and their possible impacts
ECB (2015-03-24)

Structural reforms have the potential to substantially boost productivity and employment and to reinvigorate growth in the euro area, while also improving the ability of countries to rapidly adjust to shocks, reallocate resources ..  more

Exchange Rates, Interest Rates, and the Risk Premium
NBER (2015-03-24)

The well-known uncovered interest parity puzzle arises from the empirical regularity that, among developed country pairs, the high interest rate country tends to have high expected returns on its short term assets. At the same tim ..  more

제 목	발행기관	발행일자
Are lower oil prices a net negative for the US after all?	AEI	15-03-23
How the stronger US dollar is throwing a lifeline to Europe	AEI	15-03-23
Income inequality is up so why aren't Americans demanding more income redistribution?	AEI	15-03-23
The rise of big banks, in 3 charts	AEI	15-03-23
Behavioral Analytics for Detecting Fraud	BAI	15-03-23
Community Banks Find Opportunity in Business Mobile	BAI	15-03-23
Consultative Selling for Long-Term Deposits	BAI	15-03-23
Preserving the Customer Experience during Mergers	BAI	15-03-23
Funding Liquidity, Market Liquidity and the Cross-Section of Stock Returns	Bank of Canada	15-03-23
Liquidity coverage ratio challenges covered banks	Banking Exchane	15-03-23
Quarterly earnings calls detail rate impact	Banking Exchane	15-03-23
European foreign policy: In search of a German Galileo	Brookings	15-03-24
A Global Trade Model for the Euro Area	FRB	15-03-24
Consumers' Attitudes and Their Inflation Expectations	FRB	15-03-24
Crowding Out Effects of Refinancing on New Purchase Mortgages	FRB	15-03-24
Institutions and return predictability in oil-exporting countries	FRB	15-03-24
The Systematic Component of Monetary Policy in SVARs: An Agnostic Identification Procedure	FRB	15-03-24
Labor Market Polarization Over the Business Cycle	FRB of Boston	15-03-24
Upskilling: Do Employers Demand Greater Skill When Skilled Workers Are Plentiful?	FRB of Boston	15-03-24
Monetary Policy Moves May Revive Listless Global Growth	FRB of Dallas	15-03-24
The Rescue of Fannie Mae and Freddie Mac	FRB of New York	15-03-24
Self-Fulfilling Credit Cycles	FRB of St. Louis	15-03-24
The Making of an Economic Superpower-Unlocking China's Secret of Rapid Industrialization	FRB of St. Louis	15-03-24
Financial Market Utilities: One More Dangerous Concept in Dodd-Frank	Heritage	15-03-24
The True Levels of Government and Social Expenditures in Advanced Economies	IIE	15-03-24
How a private-sector transformation could revive Japan	McKinsey	15-03-24
An Extrapolative Model of House Price Dynamics	NBER	15-03-24
Consumer Bankruptcy and Financial Health	NBER	15-03-24
Credit, Financial Stability, and the Macroeconomy	NBER	15-03-24
Exchange Rate Exposure and Risk Management: The case of Japanese Exporting Firms	NBER	15-03-24
Exchange Rates, Interest Rates, and the Risk Premium	NBER	15-03-24
Quantile Regression with Panel Data	NBER	15-03-24

제 목	발행기관	발행일자
A joint affine model of commodity futures and US Treasury yields	Bank of England	15-03-24
Contemporary monetary policy in China: A move towards price-based policy?	Bank of Finland	15-03-24
Indicators used in setting the countercyclical capital buffer	Bank of Finland	15-03-24
Is the euro area at risk of Japanese-style deflation?	Bank of Finland	15-03-24
Specialization Patterns in International Trade	Bank of France	15-03-24
Employment protection legislation and labor court activity in Spain	Bank of Spain	15-03-24
Securitization and banks' capital structure	Bank of Spain	15-03-24
The effort to stabilise the financial system in Japan: an outline and the characteristics of the programme for financial revival	Bruegel	15-03-24
The long road towards the European single market	Bruegel	15-03-24
Does the volatility of commodity prices reflect macroeconomic uncertainty?	CEPII	15-03-24
Current Account 'Core-Periphery Dualism' in the EMU	CEPS	15-03-24
Money, Finance and the Real Economy: What went wrong?	CEPS	15-03-24
Stocktaking and Analysis of ASEM: Outcomes and impact, conclusions and policy recommendations	CEPS	15-03-24
Do Borders Really Slash Trade? A Meta-Analysis	Czech National Bank	15-03-24
Report and accounts 2014	Danmarks Nationalbank	15-03-24
The Danish Natural Real Rate of Interest and Secular Stagnation	Danmarks Nationalbank	15-03-24
Debate on free movement: Does the EU need new rules on social security co-ordination	DB Research	15-03-24
Financial frictions and global spillovers	Deutsche Bundesbank	15-03-24
Progress with structural reforms across the euro area and their possible impacts	ECB	15-03-24
Who holds what? New information on securities holdings	ECB	15-03-24
Sectoral and Plurilateral Approaches in Services Negotiations: Before and After TISA	ECIPE	15-03-24
Income insurance: a theoretical exercise with empirical application for the euro area	EUROPA	15-03-24
Does Joint Modelling of the World Economy Pay Off? Eval‎uating Global Forecasts from a Bayesian GVAR	National bank of Austria	15-03-23

제 목	발행기관	발행일자
Detecting Financial Imbalances: Monitoring Financial Imbalances through the Financial Activity Indexes (FAIXs)	Bank of Japan	15-03-24
Optimal Resolution Procedures and Dividend Policy for Global-Systemically-Important-Banks	Central Bank of the Republic of Turkey	15-03-24
What Measures Chinese Monetary Policy?	HKIMR	15-03-24
Australia and the Global LNG Market	Reserve Bank of Australia	15-03-23
Central Counterparty Loss Allocation and Transmission of Financial Stress	Reserve Bank of Australia	15-03-23
China's Property Sector	Reserve Bank of Australia	15-03-23
Developments in Banks' Funding Costs and Lending Rates	Reserve Bank of Australia	15-03-23
Market Making in Bond Markets	Reserve Bank of Australia	15-03-23
Shadow Banking - International and Domestic Developments	Reserve Bank of Australia	15-03-23
The Economic Performance of the States	Reserve Bank of Australia	15-03-23
The IMF's 'Surveillance': How Has It Changed since	Reserve Bank of Australia	15-03-23
Vulnerability of new mortgage borrowers prior to the introduction of the LVR speed limit: Insights from the Household Economic Survey	Reserve Bank of New Zealand	15-03-24
The Strength of Long Ties and the Weakness of Strong Ties: Knowledge diffusion through supply chain networks	RIETI	15-03-24
Uncertainty Avoiding Behavior and Cross-border Acquisitions	RIETI	15-03-24

제 목	발행기관	발행일자
Price Discovery and Foreign Participation in the Republic of Korea's Government Bond Cash and Futures Markets	ADB	15-03-23
Inspiring the Next Generation of Standards Professionals: Towards Job Profiling in Today's Global World	APEC	15-03-23
Value Chain Resilience in the Asia Pacific: A Synthesis Report	APEC	15-03-23
(Why) Is investment weak?	BIS	15-03-24
A wave of further easing	BIS	15-03-24
Financial inclusion - issues for central banks	BIS	15-03-24
Highlights of global financing flows	BIS	15-03-24
Oil and debt	BIS	15-03-24
Shifting tides - market liquidity and market-making in fixed income instruments	BIS	15-03-24
The costs of deflations: a historical perspective	BIS	15-03-24
Fiscal Decentralization and the Efficiency of Public Service Delivery	IMF	15-03-24
Soft Power and Exchange Rate Volatility	IMF	15-03-24
The Flexible System of Global Models - FSGM	IMF	15-03-24
Uncertainty and Investment: The Financial Intermediary Balance Sheet Channel	IMF	15-03-24

제 목	발행기관	발행일자
Banks Shift Bond Portfolios	AWSJ	15-03-24
New Signs of Slowdown in China's Manufacturing Sector	AWSJ	15-03-24
Oil Price Drop Hurts Spending on Business Investments	AWSJ	15-03-23
Torrent of Cash Exits Eurozone	AWSJ	15-03-23
Regulators Missed Chance to Prevent Collapse	AWSJ	15-03-20
Asia Readies for Iran Oil Bargains on Potential Nuclear Deal	Bloomberg	15-03-24
Fed's Rate Path Post-Liftoff Won't Be Smooth, Fischer Says	Bloomberg	15-03-24
Chinese Vice Premier Says Rapid Growth Isn't What Economy Needs	Bloomberg	15-03-23
Yellen Is Watching These Four Indicators for Signals on When to Raise Rates	Bloomberg	15-03-23
India Finance Minister Says No Disconnect With Central Bank	Bloomberg	15-03-20
China on the world stage : A bridge not far enough	Economist	15-03-20
Greece v Germany : Dangerous liaisons	Economist	15-03-20
Mobile payments : Unfriending cash	Economist	15-03-20
Monetary policy and the markets : A leap in the dark	Economist	15-03-20
The mighty dollar : Feeling green	Economist	15-03-20
Double digit unemployment predicted even if eurozone recovers	Financial Times	15-03-24
Raise rates or face 'devastating' bubbles, says Fed official	Financial Times	15-03-24
Germans miss out on Dax bonanza as share ownership drops by third	Financial Times	15-03-23
Greece's leader warns Merkel of 'impossible' debt payments	Financial Times	15-03-23
S&P downgrades Nigeria as oil price and poll risks stir concern	Financial Times	15-03-20