해외동향 | The "New" Economics of Trade Agreements: From Trade Liberalization to Regulatory Convergence? | 한국금융연구원

[LHKOREA]

2019-08-06 일자 [제 19-56 호]

The "New" Economics of Trade Agreements: From Trade Liberalization to Regulatory Convergence?
NBER (2019-08-06)

What incentives do governments have to negotiate "new trade agreements," i.e., agreements that constrain not only governments' choices of tariffs, but also their domestic regulatory policies? We focus on horizontal produ ..  more

The Rise of Digital Money
IMF (2019-08-06)

This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF st ..  more

The internationalization of domestic banks and the credit channel: an empirical assessment
BIS (2019-08-06)

This paper analyses the extent to which the strength of the credit channel is affected by the expansion of domestic banks abroad, widely considered the most important structural change of Colombia banking system in recen ..  more

제 목	발행기관
Lessons from the Capital One data breach	BAI
Why traditional banks must solve the online account opening dilemma	BAI
An Application of Shapley Value Cost Allocation to Liquidity Savings Mechanisms	Bank of Canada
Are Long-Horizon Expectations (De-)Stabilizing? Theory and Experiments	Bank of Canada
Lending Standards, Productivity and Credit Crunches	Bank of Canada
Privacy as a Public Good: A Case for Electronic Cash	Bank of Canada
Tail Index Estimation: Quantile-Driven Threshold Selection	Bank of Canada
From saving to spending: A proposal to convert retirement account balances into automatic and flexible income	Brookings
How much does the world spend on the Sustainable Development Goals?	Brookings
Is municipal bond insurance still worth the money in an 'over-insurance' phenomenon?	Brookings
Metro-to-metro economic partnerships: How to network global assets to fuel regional growth	Brookings
Bailouts, Capital, or CoCos: Can Contingent Convertible Bonds Help Banks Cope with Financial Stress?	CATO
Fiscal Risk and Financial Fragility	Central Bank of Brazil
International Reserves Management in a Model of Partial Sovereign Default	Central Bank of Brazil
The Use of Cash-Flow Data in Underwriting Credit: Empirical Research Findings	FinRegLab
A Simple Model of Voluntary Reserve Targets with Tolerance Bands	FRB
From Transactions Data to Economic Statistics: Constructing Real-time, High-frequency, Geographic Measures of Consumer Spending	FRB
Regulating Financial Networks Under Uncertainty	FRB
Transparency and collateral: the design of CCPs' loss allocation rules	FRB
Variance Disparity and Market Frictions	FRB
Forward Guidance: Communication, Commitment, or Both?	FRB of Chicago
Goods-Market Frictions and International Trade	FRB of Cleveland
Online Estimation of DSGE Models	FRB of New York
History Remembered: Optimal Sovereign Default on Domestic and External Debt	FRB of Philadelphia
Tests of Conditional Predictive Ability: A Comment	FRB of St. Louis
Fintech: Latin America 2018: Growth and Consolidation	IDB
Emerging market capital flows and U.S. monetary policy	International Finance
A winning strategy for the pension market in China	McKinsey
The customer mandate to digitize collections strategies	McKinsey
Credit Building or Credit Crumbling? A Credit Builder Loan's Effects on Consumer Behavior, Credit Scores and Their Predictive Power	NBER
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial	NBER
Integrating Ethical Values and Economic Value to Steer Progress in Artificial Intelligence	NBER
Minimum Wage Employment Effects and Labor Market Concentration	NBER
The "New" Economics of Trade Agreements: From Trade Liberalization to Regulatory Convergence?	NBER
The Margins of Trade	NBER
The Rise of Niche Consumption	NBER
The Short Rate Disconnect in a Monetary Economy	NBER
Venture Capital Contracts	NBER
Can Banks And Health Players Collaborate To Create Value?	Oliver Wyman
EU Trade Policy amid the China-US Clash: Caught in the Cross-Fire?	PIIE

제 목	발행기관
Real effects of financial distress: the role of heterogeneity	Bank of England
Resilience of trading networks: evidence from the sterling corporate bond market	Bank of England
Tail risk interdependence	Bank of England
Three triggers? Negative equity, income shocks and institutions as determinants of mortgage default	Bank of England
Friends for the benefits: The effects of political ties on sovereign borrowing conditions	Bank of Finland
Should we care? : The economic effects of financial sanctions on the Russian economy	Bank of Finland
An Effective Regime for Non-viable Banks: US Experience and Considerations for EU Reform	Bruegel
Exchange Rate Driven Balance Sheet Effect and Capital Flows to Emerging Market Economies	CBRT
Employment protection and firm-level job reallocation: Adjusting for coverage	Central Bank of Luxembourg
Risk-Free Interest Rates	CEPR
What are the Price Effects of Trade? Evidence from the U.S. and Implications for Quantitative Trade Models	CEPR
Macro to the rescue? - An analysis of macroprudential instruments to regulate housing credit	Deutsche Bundesbank
The effects of the Eurosystem's APP on euro area bank lending: Letting different data speak	Deutsche Bundesbank
Macroprudential Regulation and Leakage to the Shadow Banking Sector	DIW
Debt shift, financial development and income inequality	DNB
Medium-term asymmetric fluctuations and EMU as an optimum currency area	DNB
Report on regulatory perimeter, regulatory status and authorisation approaches in relation to FinTech activities	EBA
Behind the scenes of the beauty contest: window dressing and the G-SIB framework	ECB
Disentangling the role of the exchange rate in oil-related scenarios for the European stock market	ECB
Fast trading and the virtue of entropy: evidence from the foreign exchange market	ECB
Insurers' investment strategies: pro- or countercyclical?	ECB
International debt and Special Purpose Entities: evidence from Ireland	ECB
Monetary policy shocks and the health of banks	ECB
The cost-efficiency and productivity growth of euro area banks	ECB
The macroeconomic effects of international uncertainty	ECB
Institutional Investors and Corporate Investment	Sveriges Riksbank
Inclusive Deployment of Blockchain for Supply Chains: Part 3 - Public or Private Blockchains - Which One Is Right for You?	WEF

제 목	발행기관
Climate, Urbanization, and Conflict: The Effects of Weather Shocks and Floods on Urban Social Disorder	ADB
Solar District Heating in the People's Republic of China: Status and Development Potential	ADB
The Impact of Typhoons on Economic Activity in the Philippines: Evidence from Nightlight Intensity	ADB
The Social Protection Indicator for Asia: Assessing Progress	ADB
Empirical Analysis of Global Oil Price Determinants at the Disaggregated Level Over the Last Two Decades	ADBI
Environmental Regulation: Lessons for Developing Economies in Asia	ADBI
Innovative Financing for City Infrastructure Investment by Increasing the Rate of Return from Spillover Tax Revenues	ADBI
Payment System Innovations and Financial Intermediation: The Case of Indonesia	ADBI
Quality of Health Care in the Lao People's Democratic Republic	ADBI
The Impact of Government Support on the Performance of Indonesia's State-Owned Enterprises	ADBI
Decreasing Wage Returns to Human Capital: Analysis of Wage and Job Experience Using Micro Data of Workers	BOJ
Self-Organization of Inflation Volatility	BOJ
국채시장에서 종목간 상대가격 차이에 관하여 (In Japanese)	BOJ
금융서비스에서 사용되는 법인 ID 번호에 대한 국제 논의 (In Japanese)	BOJ
현물 국채시장에서 변동성과 거래량의 관계 (In Japanese)	BOJ
SDGs에 금융은 어떻게 대응하고 있는가? (In Japanese)	JBA
중소기업지원과 관련된 정책금융기관과 민간금융기관의 역할 (In Japanese)	JBA
Costs of Utilizing Regional Trade Agreements	RIETI
The Impact of the US-China Trade War on Japanese Multinational Corporations	RIETI
GVC journeys: Industrialisation and Deindustrialisation in the Age of the Second Unbundling	TCER

제 목	발행기관
A loan-level analysis of bank lending in Mexico	BIS
Banks' business model and credit supply in Chile: the role of a state-owned bank	BIS
Determinants of credit growth and the bank-lending channel in Peru: A loan level analysis	BIS
How do bank-specific characteristics affect lending? New evidence based on credit registry data from Latin America	BIS
Margin requirements for non-centrally cleared derivatives	BIS
Monetary policy surprises and employment: evidence from matched bank-firm loan data on the bank lending-channel	BIS
The internationalization of domestic banks and the credit channel: an empirical assessment	BIS
Securisation special purpose entities, bank sponsors and derivatives	ESRB
A Buffer-Stock Model for the Government: Balancing Stability and Sustainability	IMF
Do Old Habits Die Hard? Central Banks and the Bretton Woods Gold Puzzle	IMF
Financial Development, Exchange Rate Fluctuations and Debt Dollarization: A Firm-Level Evidence	IMF
Internal Trade in Canada: Case for Liberalization	IMF
Labor Market Slack and the Output Gap: The Case of Korea	IMF
Optimal Monetary Policy Under Bounded Rationality	IMF
Price Statistics Compilation in 196 Economies: The Relevance for Policy Analysis	IMF
Statistical Coverage of Trade Finance - Fintechs and Supply Chain Financing	IMF
The Long Shadow of the Global Financial Crisis: Public Interventions in the Financial Sector	IMF
The Nonlinear Relationship Between Public Debt and Sovereign Credit Ratings	IMF
The Rise of Digital Money	IMF
What Do Deviations from Covered Interest Parity and Higher FX Hedging Costs Mean for Asia	IMF
Blended Finance Funds and Facilities - 2018 Survey Results	OECD
Economic Policy Reforms 2019 - Going for Growth	OECD
Empirical links between housing markets and economic resilience	OECD
Revenue Statistics in Asian and Pacific Economies 2019	OECD
Ship finance practices in major shipbuilding economies	OECD
Strengthening SMEs and Entrepreneurship for Productivity and Inclusive Growth - OECD 2018 Ministerial Conference on SMEs	OECD
The OECD potential output estimation methodology	OECD
A Novel Downside Risk Measure and Expected Returns	World Bank
Growth in Low-Income Countries : Evolution, Prospects, and Policies	World Bank
Locking-in Firms : Loan Conditions in the Presence of Government-Driven Credit	World Bank
Policy and Regulatory Issues with Digital Businesses	World Bank
Preferred and Non-Preferred Creditors	World Bank
The Sovereign-Bank Nexus in EMDEs : What Is It, Is It Rising, and What Are the Policy Implications ?	World Bank

제 목	발행기관
Global Economy Braces for a Fresh Trade Blow	bloomberg
Trump Ratchets Up Trade War With New China Tariffs	bloomberg
Gold Investors Up the Ante Before Critical Fed Decision on Rates	bloomberg
Tax Haven Crackdown Catches Asia Hedge Funds in Its Crosshairs	bloomberg
Fed Day Has Bond Traders Feeling Giddy	bloomberg
Gold Bulls Look Beyond Fed as Growth Slows, Recession Risks Rise	bloomberg
Citi to Cut Hundreds of Trading Jobs in Bad Sign for Wall Street	bloomberg
Markets Get Ready for the Great Unknown	bloomberg
Portugal tries to lure emigrants back	economist
The biggest winners from the Feds rate cut	economist
The Fed cuts rates for the first time in over a decade	economist
What Wall Street thinks of Elizabeth Warren	economist
Tensions between Iran and the West have the Gulf states on edge	economist
The Mittelstands corporate success comes at a cost	economist
Greenhouse gas emissions are increasing the frequency of heatwaves	economist
Why predicting the impact of a no deal Brexit is so hard	economist
Trade tensions are strangling American manufacturing	ft
Trump tariffs increase pressure on Fed to cut rates	ft
MSCI chief looks beyond traditional indices for growth	ft
UBS plans negative interest rate for rich clients	ft
Higher audit costs are a price worth paying for the Big Four	ft
Hydrogen could help decarbonise the global economy	ft
Chinese chip industry set to benefit from Tokyo export controls	ft
The White House and the Fed must learn to talk to each other	ft
Can Lower Rates Combat Investment Chill	wsj
US China Investments Continue to Decline	wsj
Europes Stalling Economy Sounds Alarm for Global Growth	wsj
Fed Cuts Rates by a Quarter Point in Precautionary Move	wsj
Japans Central Bank Promises Easing if Needed but Leaves Rates Unchanged	wsj
The Undeclared Currency War	wsj
The Confusing Federal Reserve	wsj
Why the Fed Is Cutting Rates When the Economy Looks Good	wsj