해외동향 | How Monetary Policy Shaped the Housing Boom | 한국금융연구원

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2019-03-19 일자 [제 19-20 호]

How Monetary Policy Shaped the Housing Boom
NBER (2019-03-19)

Between 2003 and 2006, the Federal Reserve raised rates by 4.25%. Yet it was precisely during this period that the housing boom accelerated, fueled by rapid growth in mortgage lending. There is deep disagreement about ho ..  more

Survey on the interaction of regulatory instruments: results and analysis
BIS (2019-03-19)

This report summarises and analyses the results of the third-wave survey conducted by the Research Task Force on the role of multiple regulatory constraints in the Basel III framework. The latest survey (end-December 201 ..  more

Nonperforming Loans in Asia: Determinants and Macrofinancial Linkages
ADB (2019-03-19)

Against the backdrop of recent rises in nonperforming loans in some Asian economies, this study looks at nonperforming loans, including the determinants, macrofinancial feedback effects, and implications for financial st ..  more

제 목	발행기관
'Ban the Box' measures help high-crime neighborhoods	AEI
Understanding 'wage theft': Evasion and avoidance responses to minimum wage increases	AEI
Cutting the branches: The case for letting go of physical locations	BAI
Put on your rethinking caps: Relationship banking in a digital era	BAI
Seizing change in seas of change: a 2019 compass for AI in banking	BAI
Asia-Pacific Private Equity Report 2019	Bain & Company
Nine facts about monetary sanctions in the criminal justice system	Brookings
On falling neutral real rates, fiscal policy, and the risk of secular stagnation	Brookings
Implied Volatility Term Structure and Exchange Rate Predictability	Central Bank of Brazil
The new frontier - Winning in the African oil and gas industry	Deloitte
Understanding Persistent Stagnation	FRB
Beautiful City: Leisure Amenities and Urban Growth	FRB of Philadelphia
Building Credit History with Heterogeneously Informed Lenders	FRB of Philadelphia
The Firm Size and Leverage Relationship and Its Implications for Entry and Concentration in a Low Interest Rate World	FRB of Philadelphia
Snapshots of the global mobility revolution	McKinsey
What makes an organization 'healthy'?	McKinsey
A Theory of Housing Demand Shocks	NBER
Data Driven Regulation: Theory and Application to Missing Bids	NBER
Do Minimum Wage Increases Reduce Crime?	NBER
How Monetary Policy Shaped the Housing Boom	NBER
Monthly Payment Targeting and the Demand for Maturity	NBER
Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy	NBER
SNAP and Paycheck Cycles	NBER
The Total Risk Premium Puzzle	NBER
Trading Costs and Informational Efficiency	NBER
Asset Managers & Wholesale Banks - Searching For Growth In An Age Of Disruption	Oliver Wyman
Moving Toward Gender Balance In Private Equity And Venture Capital	Oliver Wyman
LIBOR's end for asset managers: Turning new reference rates to your advantage	PwC
Smarter bots: PwC's 2019 financial services intelligent automation survey	PwC

제 목	발행기관
Bayesian MIDAS penalized regressions: estimation, selection, and prediction	Bank of France
Rising inequalities in access to home ownership among young households in France, 1973-2013	Bank of France
The Cost of Banking Crises: Does the Policy Framework Matter?	Bank of France
The European Union's response to the trade crisis	Bruegel
Towards EU-MENA shared prosperity	Bruegel
Corporate Pension Plan Funding Levels and Pension Assumptions	CEPR
Tariffs and Politics: Evidence from Trump's Trade Wars	CEPR
The lost ones: the opportunities and outcomes of non-college educated Americans born in the 1960s	CEPR
The Market for Data Privacy	CEPR
Event studies, the random walk hypothesis and risk spreads	CEPS
Who Creates and Destroys Jobs over the Business Cycle?	DNB
Global growth on life support? The contributions of fiscal and monetary policy since the global financial crisis	ECB
Toward global paradigm change: beyond the crisis of the liberal world orde	Economics
Biased Forecasts to Affect Voting Decisions? The Brexit Case	Sveriges Riksbank
Designing a Simple Loss Function for Central Banks: Does a Dual Mandate Make Sense?	Sveriges Riksbank
The Interaction Between Fiscal and Monetary Policies: Evidence from Sweden	Sveriges Riksbank
The Modern Dilemma: Balancing Short- and Long-Term Business Pressures	WEF
Do Companies Benefit from Public Research Organizations? The Impact of the Fraunhofer Society in Germany	ZEW
Externalities in Knowledge Production: Evidence from a Randomized Field Experiment	ZEW

제 목	발행기관
Nonperforming Loans in Asia: Determinants and Macrofinancial Linkages	ADB
Promoting Regional Tourism Cooperation under CAREC 2030: A Scoping Study	ADB
Quarterly Forecasting Model for India's Economic Growth: Bayesian Vector Autoregression Approach	ADB
The Role of Credit Guarantee Schemes in the Development of Small and Medium-Sized Enterprises with an Emphasis on Knowledge-Based Enterprises	ADBI
The Role of Credit Rating Agencies in Addressing Gaps in Micro and Small Enterprise Financing: The Case of India	ADBI
On Liquidity Shocks and Asset Prices	BOJ
양자컴퓨터에 내성이 있는 암호기술의 표준화 동향 : 미국정부 표준암호에 관하여 (In Japanese)	BOJ
인도네시아 경제 현황 - 자금유출리스크를 분석 (In Japanese)	IIMA
블록체인 기술을 활용한 신은행간 결제 플랫폼 실증실험 보고서 (In Japanese)	JBA
2019년 전인대와 중국의 정책전망 (In Japanese)	Mizuho Research Institute
The BOJ's ETF Purchases and Its Effects on Nikkei 225 Stocks	RIETI

제 목	발행기관
APEC Regional Study: Renewable Energy Financing and Investment for Grid-Connected Wind and Solar	APEC
From carry trades to trade credit: financial intermediation by non-financial corporations	BIS
Survey on the interaction of regulatory instruments: results and analysis	BIS
Financing Metropolitan Government in Beijing City	ESCAP
Metropolitan Finances in India: The Case of Mumbai City Corporation	ESCAP
Philippine (Metro Manila) Case Study on Municipal Financing	ESCAP
The effect of possible EU diversification requirements on the risk of banks' sovereign bond portfolios	ESRB
Measuring women's economic empowerment	OECD
Towards Green Growth in Emerging Market Economies	OECD
Trends in Trade in Counterfeit and Pirated Goods	OECD
Promoting Investment in the Sustainable Development Goals	UNCTAD
Employment in South Asia : A New Dataset	World Bank
Firms' and States' Responses to Laxer Environmental Standards	World Bank
Inflation and Exchange Rate Pass-Through	World Bank
Low Tax Jurisdictions and Preferential Regimes : Policy Gaps in Developing Economies	World Bank
Pakistan at 100 : Shaping the Future	World Bank

제 목	발행기관
Thai Growth Will Ride Out Any Election Unrest	bloomberg
The 310 Miles Breaking Brexit	bloomberg
Argentina Tightens Monetary Policy as Inflation Spikes Again	bloomberg
China Calls for US and European Companies to Join Belt and Road	bloomberg
Asia Is Getting Tougher on Auditors After High Profile Defaults	bloomberg
Millions Around the Globe March for Gender Equality	bloomberg
Bank of Japan Watchers See Chance of More Stimulus	bloomberg
Korea Inc Sells Most Bonds Since 2012 as Slowing Economy Looms	bloomberg
Europe and America must work to stop their relationship unravelling	economist
Should the world worry about Americas corporate debt mountain	economist
Chinas current account surplus has vanished	economist
The Brexit process heads for extra time	economist
Bribe styles of the rich and famous	economist
Parliament votes against a no deal Brexit	economist
Global cities house price index	economist
Planes are grounded after a new Boeing airliner crashes in Ethiopia	economist
Commerzbank and Deutsche begin merger talks	ft
Renewable energy transition demands investment not disinvestment	ft
Brexit delay but Theresa May is still fighting for her deal	ft
UK parliament votes overwhelmingly to seek Brexit delay	ft
China birth rate declines as childcare costs deter families	ft
Why America cannot fly alone	ft
May agrees revised Brexit deal with Juncker	ft
US financial transaction tax would put unfair burden on savers	ft
Berlins Bad Bank Idea	wsj
Brexiteers Face Reality They Need the Political Class After All	wsj
Federal Reserve Rate Projections Could Show Greater Confidence in Extended Pause	wsj
Economists See Fed Putting Off Next Rate Increase	wsj
UK Parliament Votes to Delay Brexit as Turmoil Drags On	wsj
Barreling Toward Brexit	wsj
UK Lawmakers Vote Against Leaving EU Without a Deal	wsj
Fed Chairman Revisions to Community Reinvestment Act Implementation Must Strengthen Laws Mission	wsj
Wells Fargo Regulators Weigh Executive Shakeup as CEO Heads to Washington	wsj