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Private Information, Capital Flows, and Exchange Rates

Author/Editor: Jacob Gyntelberg, Mico Loretan, Subhanij Tientip.

Release Date: August, 2012

Price: $18.00

We demonstrate empirically that not all capital flows influence exchange rates equally: Capital flows induced by foreign investors’ stock market transactions have both an economically more...



Exchange Rate Fluctuations and International Portfolio Rebalancing in Thailand

Author/Editor: Jacob Gyntelberg, Mico Loretan, Subhanij Tientip.

Release Date: August, 2012

Price: $18.00

We present empirical evidence that the Thai baht’s value is driven in part by investors’ cross-border equity portfolio rebalancing decisions. Our results are based on comprehensive more...



Brazil: Financial System Stability Assessment

Release Date: July, 2012

Price: $18.00

Brazil: Selected Issues Paper

Release Date: July, 2012

Price: $18.00

Euro Area Policies : 2012 Article IV Consultation: Selected Issues Paper

Release Date: July, 2012

Price: $18.00

This 2012 Article IV Consultation—Selected Issues Paper on Euro Area Policies argues that the creation of a common eurozone financial stability architecture is an immediate priority to restore the more...



Indonesia: CPSS-IOSCO Recommendations for Securities Settlement Systems - The Equity and Corporate Bonds Securities Settlement Systems

Release Date: July, 2012

Price: $18.00

Indonesia: CPSS Core Principles for Systemically Important Payment Systems

Release Date: July, 2012

Price: $18.00

Indonesia: Detailed Assessment of Observance of IMF Code of Good Practices on Transparency in Monetary and Financial Policies

Release Date: July, 2012

Price: $18.00

Indonesia: Implementation of the IOSCO Objectives and Principles of Securities Regulation

Release Date: July, 2012

Price: $18.00

Czech Republic: Technical Note on Stress Testing the Banking Sector

Release Date: July, 2012

Price: $18.00

Czech Republic: Technical Note on Selected Issues on the Credit Union Sector

Release Date: July, 2012

Price: $18.00

Italy: Selected Issues

Release Date: July, 2012

Price: $18.00

Paths to Eurobonds

Author/Editor: Stijn Claessens, Ashoka Mody, Shahin Vallée.

Release Date: July, 2012

Price: $18.00

This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financial markets and banks and, in the more...



Estimating the Implicit Inflation Target of the South African Reserve Bank

Author/Editor: Nir Klein.

Release Date: July, 2012

Price: $18.00

This paper applies a state-space approach to estimate the implicit inflation target of the South African Reserve Bank (SARB) since the adoption of the Inflation Targeting (IT) framework. The paper's more...



Building Blocks for Effective Macroprudential Policies in Latin America: Institutional Considerations

Author/Editor: Luis Ignacio Jácome, Erlend Nier, Patrick A. Imam.

Release Date: July, 2012

Price: $18.00

An increasing number of countries - including in Latin America - are reforming their financial stability frameworks in the aftermath of the financial crisis, in order to establish a stronger more...



Measuring Systemic Liquidity Risk and the Cost of Liquidity Insurance

Author/Editor: Tiago Severo.

Release Date: July, 2012

Price: $18.00

I construct a systemic liquidity risk index (SLRI) from data on violations of arbitrage relationships across several asset classes between 2004 and 2010. Then I test whether the equity returns of 53 more...



Barriers to Household Risk Management: Evidence from India

Author/Editor: Shawn Cole, Xavier Gine, Jeremy Tobacman, Petia Topalova, Robert M. Townsend, James Ian Vickery.

Release Date: July, 2012

Price: $18.00

Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and more...



Spain: IAIS Insurance Core Principles: Detailed Assessment of Observance

Release Date: June, 2012

Price: $18.00

Spain: IOSCO Objectives and Principles of Securities Regulation - Detailed Assessment Implementation

Release Date: June, 2012

Price: $18.00

Spain: Oversight and Supervision of Financial Market Infrastructures Technical Note

Release Date: June, 2012

Price: $18.00

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