Research Discussion Papers – 2016

We publish the results of longer-term research conducted by our staff in Research Discussion Papers (RDPs), which stimulate discussion and comment on policy-relevant issues. The views expressed in RDPs are those of the authors and do not necessarily represent those of the Bank. Recent RDPs also include detailed replication files and a non-technical summary of the paper.

RDP 2016-12 The Household Cash Flow Channel of Monetary Policy

Gianni La Cava, Helen Hughson and Greg Kaplan

RDP 2016-11 Identifying Interbank Loans from Payments Data

Anthony Brassil, Helen Hughson and Mark McManus

RDP 2016-10 The Effect of Consumer Sentiment on Consumption

Christian Gillitzer and Nalini Prasad

RDP 2016-09 Why Do Companies Fail?

Rose Kenney, Gianni La Cava and David Rodgers

RDP 2016-08 The Slowdown in US Productivity Growth: Breaks and Beliefs

Rachael McCririck and Daniel Rees

RDP 2016-07 The Efficiency of Central Clearing: A Segmented Markets Approach

James Hansen and Angus Moore

RDP 2016-06 Jobs or Hours? Cyclical Labour Market Adjustment in Australia

James Bishop, Linus Gustafsson and Michael Plumb

RDP 2016-05 Trade Invoicing Currency and First-stage Exchange Rate Pass-through

Christian Gillitzer and Angus Moore

RDP 2016-03 Why Do Companies Hold Cash?

Gianni La Cava and Callan Windsor

RDP 2016-02 Disagreement about Inflation Expectations

Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin