Falk Bräuning
Falk Bräuning
Senior Economist and Policy Advisor

Research

email  falk.brauning@bos.frb.org

617-973-3081

website  Personal Website

up down Biography

Primary fields of research

Financial Economics, Monetary and Macroeconomics, Econometrics

Publications

Refereed Journal Articles

Demand Effects in the FX Forward Market: Micro Evidence from Banks’ Dollar Hedging,” with Puriya Abbassi. Forthcoming. Review of Financial Studies. http://dx.doi.org/10.2139/ssrn.3117397

Monetary Policy and Global Banking,” with Victoria Ivashina. Forthcoming. Journal of Finance. http://dx.doi.org/10.2139/ssrn.2801304

The Dynamic Factor Network Model with an Application to International Trade,” with Siem Jan Koopman. 2020. Journal of Econometrics 216(2): 494–515. https://doi.org/10.1016/j.jeconom.2019.10.007

U.S. Monetary Policy and Emerging Market Credit Cycles,” with Victoria Ivashina. 2020. Journal of Monetary Economics 112(June): 57–76. https://doi.org/10.1016/j.jmoneco.2019.02.005

A Dynamic Network Model of the Unsecured Interbank Lending Market,” with Francisco Blasques and Iman van Lelyveld. 2018. Journal of Economic Dynamics and Control 90(May 2018): 310–342. https://doi.org/10.1016/j.jedc.2018.03.015

"Relationship Lending in the Interbank Market and the Price of Liquidity," with Falko Fecht. 2017. Review of Finance 21(1): 33–75.

"Forecasting Macroeconomic Variables using Collapsed Dynamic Factor Analysis," with Siem Jan Koopman. 2014. International Journal of Forecasting 30: 572–584.

Working Papers

The Impact of Regulatory Stress Tests on Bank Lending and Its Macroeconomic Consequences,” with José L. Fillat. 2020. Federal Reserve Bank of Boston Research Department Working Papers No. 20-12.

Corporate Debt Maturity and Monetary Policy,” with José L. Fillat and J. Christina Wang. 2020. Federal Reserve Bank of Boston Current Policy Perspectives. October 22, 2020.

Bargaining Power and Outside Options in the Interbank Lending Market,” with Puriya Abbassi and Niels Schulze. 2020. Federal Reserve Bank of Boston Research Department Working Papers No. 20-10. https://doi.org/10.29412/res.wp.2020.10

Real Effects of Foreign Exchange Risk Migration: Evidence from Matched Firm-Bank Microdata,” with Puriya Abbassi. 2020. Federal Reserve Bank of Boston Research Department Working Papers No. 20-8.

Output Spillovers from U.S. Monetary Policy: The Role of International Trade and Financial Linkages” with Viacheslav Sheremirov. 2019. Federal Reserve Bank of Boston Research Department Working Papers No. 19-15.

"Stress Testing Effects on Portfolio Similarities Among Large US Banks." 2019. Federal Reserve Bank of Boston Current Policy Perspectives No. 19–1.

Demand Effects in FX Forward Contracts: Micro Evidence from Banks’ Dollar Hedging,” with Puriya Abbassi. 2018. Federal Reserve Bank of Boston Research Department Working Papers No. 18-6. Revised in 2020.

"The Liquidity Effect of the Federal Reserve's Balance Sheet Reduction on Short-term Interest Rates." 2018. Federal Reserve Bank of Boston Research Department Current Policy Perspectives No. 18-1.

"U.S. Monetary Policy and Emerging Market Credit Cycles," with Victoria Ivashina. 2017. Federal Reserve Bank of Boston Research Department Working Papers No. 17-09.

"International Financial Integration, Crises, and Monetary Policy: Evidence from the Euro Area Interbank Crises," with Puriya Abbassi, Falko Fecht, and José-Luis Peydró. 2017. Federal Reserve Bank of Boston Research Department Working Papers No. 17-06.

"Uncovering Covered Interest Parity: The Role of Bank Regulation and Monetary Policy," with Kovid Puria. 2017. Federal Reserve Bank of Boston Research Department Current Policy Perspectives No. 17-03.

"Monetary Policy and Global Banking," with Victoria Ivashina. 2017. Federal Reserve Bank of Boston Research Department Working Papers No. 17-05.

"The Dynamic Factor Network Model with an Application to Global Credit Risk," with Siem Jan Koopman. 2016. Federal Reserve Bank of Boston Research Department Working Papers No. 16-13.

"Relationship Lending in the Interbank Market and the Price of Liquidity," with Falko Fecht. 2016. Federal Reserve Bank of Boston Research Department Working Papers No. 16-07.

"A Dynamic Network Model of the Unsecured Interbank Lending Market," with Francisco Blasques. 2016. Federal Reserve Bank of Boston Research Department Working Papers No. 16-03.

"Cross-Border Liquidity, Relationships and Monetary Policy: Evidence from the Euro Area Interbank Crisis," with Puriya Abbassi, Falko Fecht, and José-Luis Peydró. 2014. Deutsche Bundesbank Discussion Papers No. 45/2014.