Haku
Viitteet 11-20 / 303
Talouskatsaus 4/2022
(23.06.2022)
Euroopan keskuspankki. Talouskatsaus 4/2022
Euroopan keskuspankki. Talouskatsaus 4/2022
Nopean inflaation vuoksi tilanne on vaikea. EKP:n neuvosto huolehtii siitä, että inflaatio palaa kahden prosentin tavoitteen mukaiseksi keskipitkällä aikavälillä.
Inflaatio kiihtyi toukokuussa taas huomattavasti lähinnä ...
Wavelet decomposition of the financial cycle : An early warning system for financial tsunamis
(31.05.2017)
Bank of Finland Research Discussion Papers 11/2017
Bank of Finland Research Discussion Papers 11/2017
We propose a wavelet-based approach for construction of a financial cycle proxy. Specifically, we decompose three key macro-financial variables – private credit, house prices, and stock prices – on a frequency-scale basis ...
Learning from financial crisis: the experience of Nordic banks
(09.12.2016)
Bank of Finland Research Discussion Papers 30/2016
Bank of Finland Research Discussion Papers 30/2016
To study whether banks retain their lessons from the experience of a severe financial crisis, we examine the effects of the systemic banking crisis of the early 1990s in three Nordic countries (Finland, Norway, and Sweden). ...
Securitization: a financing vehicle for all seasons?
(15.12.2016)
Bank of Finland Research Discussion Papers 31/2016
Bank of Finland Research Discussion Papers 31/2016
Securitization is considered to be one of the biggest financial innovations of the last century. It is also regarded as both a catalyst and solution to the 2008 financial crisis. Once a popular method of financing the ...
International propagation of financial shocks in a search and matching environment
(25.11.2016)
Bank of Finland Research Discussion Papers 28/2016
Bank of Finland Research Discussion Papers 28/2016
This paper develops a two-country model in which transmission of financial shocks arises despite a flexible exchange rate regime and substitutable financial assets, contrary to the open-economy literature results under ...
Suomen rahoitusmarkkinoiden kansainvälistyminen
(18.11.1988)
Bank of Finland Research Discussion Papers 28/1988
Bank of Finland Research Discussion Papers 28/1988
Rahoitusmarkkinoiden kansainvälistyminen on Suomessa edennyt varsin nopeasti 1980-luvulla, vaikka pääomanliikkeiden säännöstely on edelleen tiukkaa useimpiin OECD-maihin verrattuna. Keskeisimmät pääomanliikkeisiin liittyvät ...
Relevance of uncertainty on the volatility and trading volume in the US Treasury bond futures market
(02.03.2015)
Bank of Finland Research Discussion Papers 4/2015
Bank of Finland Research Discussion Papers 4/2015
This paper studies the impact of uncertainty on the investors' reactions to news on macroeconomic statistics. With daily data on realized volatility and trading volume, we show that the investors in the US Treasury bond ...
Informaation vaikutus rahoitusmarkkinoiden toimintaan ja keskuspankkipolitiikan tehokkuuteen : katsaus kirjallisuuteen
(17.04.1989)
Bank of Finland Research Discussion Papers 15/1989
Bank of Finland Research Discussion Papers 15/1989
Tämä raportti on katsaus kirjallisuuteen, jossa on tutkittu informaation roolia rahoitusmarkkinoilla markkinaosapuolien päätöksenteon ja odotusten muodostuksen, kilpailun sekä markkinoiden tehokkuuden näkökulmasta. Lisäksi ...
Saving Wall Street or main street
(10.05.2016)
Bank of Finland Research Discussion Papers 12/2016
Bank of Finland Research Discussion Papers 12/2016
We build a dynamic stochastic general equilibrium model, where the balance sheets of both banks and non-financial firms play a role in macro-financial linkages. We show that in equilibrium bank capital tends to be scarce, ...
Time-frequency characterization of the U.S. financial cycle
(23.05.2016)
Bank of Finland Research Discussion Papers 14/2016
Bank of Finland Research Discussion Papers 14/2016
Despite an increase in research – motivated by the global financial crisis of 2007-08 – empirical studies on the financial cycle are rare compared to those on the business cycle. This paper adds some new evidence to this ...