Working Paper Research

From National Bank of Belgium
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.

193: Wages, labor or prices: How do firms react to shocks ?

Emmanuel Dhyne and Martine Druant

191: The incidence of nominal and real wage rigidity: An individual-based sectoral approach

Julian Messina, Philip Du Caju, Cláudia Duarte, Niels Lynggård Hansen and Mario Izquierdo

190: What determines euro area bank CDS spreads ?

Jan Annaert, Marc De Ceuster, Patrick Van Roy and Cristina Vespro

189: Inter-industry wage differentials in EU countries: What do cross-country time-varying data add to the picture ?

Philip Du Caju, Gábor Kátay, Ana Lamo, Daphne Nicolitsas and Steven Poelhekke

188: A century of macroeconomic and monetary thought at the National Bank of Belgium

Ivo Maes

187: Getting rid of Keynes ? A survey of the history of macroeconomics from Keynes to Lucas and beyond

Michel De Vroey

186: The development of monetary policy in the 20th century – some reflections

Otmar Issing

185: Self-fulfilling liquidity dry-ups

Frederic Malherbe

184: Discriminatory fees, coordination and investment in shared ATM networks

Stijn Ferrari

183: The margins of labour cost adjustment: Survey evidence from European firms

Jan Babecký, Philip Du Caju, Theodora Kosma, Martina Lawless, Julian Messina and Tairi Rõõm

182: Downward nominal and real wage rigidity: Survey evidence from European firms

Jan Babecký, Philip Du Caju, Theodora Kosma, Martina Lawless, Julian Messina and Tairi Rõõm

181: Empirical evidence on the aggregate effects of anticipated and unanticipated US tax policy shocks

Karel Mertens and Morten Ravn

180: Inter-industry wage differentials: How much does rent sharing matter ?

Philip Du Caju, François Ryckx and Ilan Tojerow

179: Staying, dropping, or switching: the impacts of bank mergers on small firms

Hans Degryse, Nancy Masschelein and Janet Mitchell

178: Optimal monetary policy and firm entry

Vivien Lewis

177: Incentives and tranche retention in securitisation: a screening model

Ingo Fender and Janet Mitchell

176: On the origins of the BIS macro-prudential approach to financial stability: Alexandre Lamfalussy and financial fragility

Ivo Maes

175: Micro data on nominal rigidity, inflation persistence and optimal monetary policy

Engin Kara

174: How are firms’ wages and prices linked: survey evidence in Europe

Martine Druant, Silvia Fabiani, Gabor Kezdi, Ana Lamo, Fernando Martins and Roberto Sabbatini

173: Evaluating a monetary business cycle model with unemployment for the euro area

Nicolas Groshenny

171: A global assessment of the degree of price stickiness – results from the NBB business survey

Emmanuel Dhyne

170: Analysis of business demography using markov chains: an application to Belgian data

François Coppens and Fabienne Verduyn

169: The use of fixed-term contracts and the labour adjustment in Belgium

Emmanuel Dhyne and Benoit Mahy

168: Model misspecification, learning and the exchange rate disconnect puzzle

Vivien Lewis and Agnieszka Markiewicz

167: Back to the basics in banking ? A micro-analysis of banking system stability

Olivier De Jonghe

166: Input-output connections between sectors and optimal monetary policy

Engin Kara

165: Understanding inflation dynamics: Where do we stand ?

Maarten Dossche

164: Inflation dynamics with labour market matching: assessing alternative specifications

Kai Christoffel, James Costain, Grégory de Walque, Keith Kuester, Tobias Linzert, Stephen Millard and Olivier Pierrard

163: The young Lamfalussy: an empirical and policy-oriented growth theorist

Ivo Maes

162: Labour flows in Belgium

Pierrette Heuse and Yves Saks

161: Trade, wages and productivity

Kristian Behrens, Giordano Mion, Yasusada Murata and Jens Südekum

159: Rigid labour compensation and flexible employment ? Firm-level evidence with regard to productivity for Belgium

Catherine Fuss and Ladislav Wintr

157: Sequential bargaining in a New Keynesian model with frictional unemployment and staggered wage negotiation

Grégory de Walque, Olivier Pierrard, Henri Sneessens and Raf Wouters

156: Understanding sectoral differences in downward real wage rigidity: workforce composition, institutions, technology and competition

Philip Du Caju, Catherine Fuss and Ladislav Wintr

155: Fiscal sustainability and policy implications for the euro area

Fabrizio Balassone, Jorge Cunha, Geert Langenus, Bernhard Manzke, Jeanne Pavot, Doris Prammer and Pietro Tommasino

154: Institutional features of wage bargaining in 23 European countries, the US and Japan

Philip Ducaju, Erwan Gautier, Daphne Momferatou and Mélanie Ward-Warmedinge

153: Forecast with judgment and models

Francesca Monti

152: Rent-sharing under different bargaining regimes: Evidence from linked employer-employee data

Michael Rusinek and Francois Rycx

150: Risk premiums and macroeconomic dynamics in a heterogeneous agent model

Ferre De Graeve, Maarten Dossche, Marina Emiris, Henri Sneessens and Raf Wouters

149: Monetary policy, asset prices and macroeconomic conditions: a panel-VAR study

Katrin Assenmacher and Stefan Gerlach

148: Financial (in)stability, supervision and liquidity injections: a dynamic general equilibrium approach

Grégory de Walque, Olivier Pierrard and Abdelaziz Rouabah

147: Central bank misperceptions and the role of money in interest rate rules

Guenter Beck and Volker Wieland

146: Credit frictions and optimal monetary policy

Vasco Cúrdia and Michael Woodford

145: Housing market spillovers: evidence from an estimated DSGE model

Matteo Iacoviello and Stefano Neri

144: Imperfect information, macroeconomic dynamics and the yield curve: an encompassing macro-finance model

Hans Dewachter

143: The bond premium in a DSGE model with long-run real and nominal risks

Glenn Rudebusch and Eric Swanson

142: Liquidity, inflation and asset prices in a time-varying framework for the euro area

Christiane Baumeister, Eveline Durinck and Gert Peersman

141: Monetary aggregates and liquidity in a neo-Wicksellian framework

Matthew Canzoneri, Robert Cumby, Behzad Diba and David López-Salido

140: Export destinations and learning-by-exporting: Evidence from Belgium

Mauro Pisu

139: Exporters and credit constraints. A firm-level approach

Mirabelle Muûls