BCL working papers

From Central Bank of Luxembourg
Contact information at EDIRC.
Bibliographic data for series maintained by ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

145: Why is the Ratio of Debt-to-GDP so Large for Non-Financial Companies in Luxembourg?

Gabriele Di Filippo

144: Housing and inequality: The case of Luxembourg and its cross-border workers

Guillaume Claveres, Thomas Mathä, Giuseppe Pulina, Jan Stráský, Nicolas Woloszko and Michael Ziegelmeyer

143: Total factor productivity and the measurement of neutral technology

Alban Moura

142: The Luxembourg Household Finance Consumption Survey: Results from the third wave

Yiwen Chen, Thomas Mathä, Giuseppe Pulina, Barbara Schuster and Michael Ziegelmeyer

141: Macroprudential stress testing: A proposal for the Luxembourg investment fund sector

Kang-Soek Lee

140: PENELOPE: Luxembourg Tool for Pension Evaluation and Long-Term Projection Exercises

Luca Marchiori

139: Health subsidies, prevention and welfare

Luca Marchiori and Olivier Pierrard

138: Non-linear exchange rate pass-through to euro area inflation: A local projection approach

Roberta Colavecchio and Ieva Rubene

137: Peer effects in stock market participation: Evidence from immigration

Anastasia Girshina, Thomas Mathä and Michael Ziegelmeyer

136: Revisions to Quarterly National Accounts data in Luxembourg

Bob Krebs

135: The LU-EAGLE model with disaggregated public expenditure

Pablo Garcia Sanchez and Alban Moura

134: Costly default and asymmetric real business cycles

Patrick Fève, Pablo Garcia Sanchez, Alban Moura and Olivier Pierrard

133: Characterizing the Luxembourg financial cycle: Alternatives to statistical filters

Rachida Hennani and John Theal

132: Why do social networks introduce virtual currencies?

Gastón Giordana and Paolo Guarda

131: Employment protection and firm-level job reallocation: Adjusting for coverage

Benedicta Marzinotto and Ladislav Wintr

130: Central bank digital currencies: The case of universal central bank reserves

Paolo Fegatelli

129: Housing sector and optimal macroprudential policy in an estimated DSGE model for Luxembourg

Ibrahima Sangaré

128: Shocks and labour cost adjustment: Evidence from a survey of European firms

Thomas Mathä, Stephen Millard, Tairi Room, Ladislav Wintr and Robert Wyszynski

127: Analyse de la soutenabilité de la dette publique au Luxembourg

Florian Henne

126: Measuring real and financial cycles in Luxembourg: An unobserved components approach

Paolo Guarda and Alban Moura

125: Shadow banking and the Great Recession: Evidence from an estimated DSGE model

Patrick Fève, Alban Moura and Olivier Pierrard

124: Short-time work in the Great Recession: Firm-level evidence from 20 EU countries

Reamonn Lydon, Thomas Mathä and Stephen Millard

123: Predetermined interest rates in an analytical RBC model

Patrick Fève, Alban Moura and Olivier Pierrard

122: LU-EAGLE: A DSGE model for Luxembourg within the euro area and global economy

Alban Moura and Kyriacos Lambrias

121: Stress testing household balance sheets in Luxembourg

Gastón Giordana and Michael Ziegelmeyer

120: What place does Luxembourg hold in global value chains?

Gabriele Di Filippo

119: The Cross-border Household Finance and Consumption Survey: Results from the second wave

Thomas Mathä, Giuseppe Pulina and Michael Ziegelmeyer

118: How much does book value data tell us about systemic risk and its interactions with the macroeconomy? A Luxembourg empirical evaluation

Xisong Jin

117: Housing prices and mortgage credit in Luxembourg

Sara Ferreira Filipe

116: Chained financial frictions and credit cycles

Federico Lubello, Ivan Petrella and Emiliano Santoro

115: Monetary theory reversed: Virtual currency issuance and miners’ remuneration

Luca Marchiori

114: Capturing macroprudential regulation effectiveness: A DSGE approach with shadow intermediaries

Federico Lubello and Abdelaziz Rouabah

113: Household debt burden and financial vulnerability in Luxembourg

Gastón Giordana and Michael Ziegelmeyer

112: What drives gross flows in equity and investment fund shares in Luxembourg?

Gabriele Di Filippo

111: Financial Regulation and Shadow Banking: A Small-Scale DSGE Perspective

Patrick Fève and Olivier Pierrard

110: Active labour market policies and short-time work arrangements: Evidence from a survey of Luxembourg firms

Konstantinos Efstathiou, Thomas Mathä, Cindy Veiga and Ladislav Wintr

109: Systemic Financial Sector and Sovereign Risks

Xisong Jin and Francisco Nadal De Simone

108: Public debt, central bank and money: Some clarifications

Paul Mercier

107: Firm growth in Europe: An overview based on the COMPNET labour module

Cristina Fernández, Roberta García, Paloma Lopez-Garcia, Benedicta Marzinotto, Roberta Serafini, Juuso Vanhala and Ladislav Wintr

106: The Luxembourg Household Finance and Consumption Survey: Results from the 2nd wave

Anastasia Girshina, Thomas Mathä and Michael Ziegelmeyer

105: Investment price rigidity and business cycles

Alban Moura

104: Employment, wages and prices: How did firms adjust during the economic and financial crisis? Evidence from a survey of Luxembourg firms

Thomas Mathä, Cindy Veiga and Ladislav Wintr

103: Characterising the financial cycle in Luxembourg

Gastón Giordana and Sabbah Gueddoudj

102: Tracking Changes in the Intensity of Financial Sector's Systemic Risk

Xisong Jin and Francisco Nadal De Simone

101: La provision forfaitaire permet-elle de réduire la procyclicalité de l'activité bancaire au Luxembourg ?

Gastón Giordana and Jean-Baptiste Gossé

100: LOLA 3.0: Luxembourg OverLapping generation model for policy Analysis

Luca Marchiori and Olivier Pierrard

99: Other real estate property in selected euro area countries

Michael Ziegelmeyer

98: The interest rate sensitivity of Luxembourg bond funds: results from a time-varying model

Raphaël Janssen and Romuald Morhs

97: Is the financial sector Luxembourg?s engine of growth?

Paolo Guarda and Abdelaziz Rouabah

96: Immigration, occupational choice and public employment

Luca Marchiori, Patrice Pieretti and Benteng Zou