 | Macro-Prudential Policies to Mitigate Financial System Vulnerabilities Author/Editor: Stijn Claessens, Swati R. Ghosh, Roxana Mihet. Release Date:August, 2014 Macro-prudential policies aimed at mitigating systemic financial risks have become part of the policy toolkit in many emerging markets and some advanced countries. Their effectiveness and efficacy more...
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 | Effects of Culture on Firm Risk-Taking: A Cross-Country and Cross-Industry Analysis Author/Editor: Roxana Mihet. Release Date:August, 2012 This paper investigates the effects of national culture on firm risk-taking, using a comprehensive dataset covering 50,000 firms in 400 industries in 51 countries. Risk-taking is found to be higher more...
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| Commodity Prices and Inflation Expectations in the United States Author/Editor: Oya Celasun, Roxana Mihet, Lev Ratnovski. Release Date:March, 2012 U.S. monetary policy can remain extraordinarily accommodative only if longer-term inflation expectations stay well-anchored, including in response to commodity price shocks. We find that oil price more...
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