Working Papers

The Working Paper series of the Oesterreichische Nationalbank is designed to disseminate and to provide a platform for discussion of either work of the staff of the OeNB economists or outside contributors on topics which are of special interest to the OeNB. To ensure the high quality of their content the contributions are subjected to an international refereeing process. The opinions are strictliy those of the authors and do in no way commit the OeNB.




2009


Working Paper 159
Euroization in Central, Eastern and Southeastern Europe – New Evidence On Its Extent and Some Evidence On Its Causes

Thomas Scheiber and Helmut Stix


Working Paper 158
Trust in Banks? Evidence from normal times and from times of crises

Markus Knell and Helmut Stix


Working Paper 157
The sensitivity of DSGE models’ results to data detrending

Simona Delle Chiaie


Working Paper 156
Financial Networks, Cross Holdings, and Limited Liability

Helmut Elsinger


Working Paper 155
Systemic Risk: Amplification Effects, Externalities, and Policy Responses

Anton Korinek


Working Paper 154
Country Size, Currency Unions, and International Asset Returns

Tarek A. Hassan


Working Paper 153
The Impact of Reference Norms on Inflation Persistence When Wages are Staggered

Markus Knell and Alfred Stiglbauer


Working Paper 152
Are Banks Different? Evidence from the CDS Market

Burkhard Raunig and Martin Scheicher


Working Paper 151
Why did we fail to predict GDP during the last cycle? A breakdown of forecast errors for Austria

Martin Schneider and Christian Ragacs


Working Paper 150
How to find plausible, severe, and useful stress scenarios

Thomas Breuer, Martin Jandačka, Klaus Rheinberger and Martin Summer


Working Paper 149
Expected Monetary Policy and the Dynamics of Bank Lending Rates

Claudia Kwapil and Johann Scharler