Volume 19, Issue 5

Demographic Shifts, Macroprudential Policies, and House Prices

Jieun Lee and Hosung Jung

Global and Domestic Financial Cycles: Variations on a Theme

Iñaki Aldasoro, Stefan Avdjiev, Claudio Borio and Piti Disyatat

Unintended Consequences of U.S. Monetary Policy Shocks: Dutch Disease and Capital Flow Measures in Emerging Markets and Developing Economies

Juan F. Yépez

Franchise Value Matters: The Drivers of Bank Risk-Taking in the Post-Basel III Era

Takuji Kawamoto, Taichi Matsuda, Koji Takahashi and Yoichiro Tamanyu

Do Macroprudential Policies Affect Non-bank Financial Intermediation?

Stijn Claessens, Giulio Cornelli, Leonardo Gambacorta, Francesco Manaresi and Yasushi Shiina

Credit Booms, Labor Reallocation, and Productivity Growth

Enisse Kharroubi, Christian Upper, Fabrizio Zampolli and Claudio Borio

Toward a Green Economy: The Role of the Central Bank’s Asset Purchases

Alessandro Ferrari and Valerio Nispi Landi

Operational and Cyber Risks in the Financial Sector

Iñaki Aldasoro, Leonardo Gambacorta, Paolo Giudici and Thomas Leach

Yield Curve Control

Takahiro Hattori and Jiro Yoshida

Assessing the Effectiveness of Currency-Differentiated Tools: The Case of Reserve Requirements

Annamaria De Crescenzio, Etienne Lepers and Zoe Fannon