Kalin Nikolov

European Central Bank (ECB)

Sonnemannstrasse 22

Frankfurt am Main, 60314

Germany

SCHOLARLY PAPERS

25

DOWNLOADS
Rank 14,694

SSRN RANKINGS

Top 14,694

in Total Papers Downloads

4,447

SSRN CITATIONS
Rank 1,808

SSRN RANKINGS

Top 1,808

in Total Papers Citations

269

CROSSREF CITATIONS

444

Scholarly Papers (25)

1.

Financial Frictions and the Monetary Transmission Mechanism: Theory, Evidence and Policy Implications

Number of pages: 67 Posted: 14 Jan 2003
London School of Economics & Political Science (LSE) - Department of EconomicsBank of England, Wellington Management and European Central Bank (ECB)
Downloads 830 (38,209)
Citation 2

Abstract:

Loading...

Monetary Policy, Transmission Mechanism, Credit Channel, Bank-lending Channel

2.

Quantitative Easing

Bank of England Quarterly Bulletin, Q2, 2009
Number of pages: 11 Posted: 17 Jun 2009
Bank of England - Monetary Analysis, Bank of England, European Central Bank (ECB), affiliation not provided to SSRN and Bank of England
Downloads 733 (45,255)
Citation 6

Abstract:

Loading...

3.
Downloads 542 ( 66,813)
Citation 37

Monetary Policy and Stagflation in the UK

Bank of England Working Paper No. 155
Number of pages: 43 Posted: 15 Oct 2002
Edward Nelson and Kalin Nikolov
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 526 (68,664)
Citation 21

Abstract:

Loading...

Monetary Policy and Stagflation in the UK

Number of pages: 44 Posted: 03 Sep 2002
Edward Nelson and Kalin Nikolov
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 16 (711,902)
Citation 2
  • Add to Cart

Abstract:

Loading...

Output gap, stagflation, monetary policy rules, great inflation

4.
Downloads 287 (138,926)
Citation 2

Twin Defaults and Bank Capital Requirements

Number of pages: 73 Posted: 19 Feb 2020 Last Revised: 30 Dec 2020
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Emory University, Centre for Monetary and Financial Studies (CEMFI) and University of Pennsylvania - The Wharton School
Downloads 251 (158,708)
Citation 3

Abstract:

Loading...

Financial Intermediation, Macroprudential Policy, Default Risk, Bank Assets Returns.

Twin Defaults and Bank Capital Requirements

ECB Working Paper No. 20202414
Number of pages: 78 Posted: 26 May 2020 Last Revised: 18 Nov 2021
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), University of Pennsylvania - The Wharton School and affiliation not provided to SSRN
Downloads 35 (576,813)

Abstract:

Loading...

Twin Defaults and Bank Capital Requirements

Number of pages: 77 Posted: 03 Mar 2020 Last Revised: 11 Feb 2021
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Emory University, Centre for Monetary and Financial Studies (CEMFI) and University of Pennsylvania - The Wharton School
Downloads 1 (849,034)
  • Add to Cart

Abstract:

Loading...

Capital Regulation in a Macroeconomic Model with Three Layers of Default

Banque de France Working Paper No. 533
Number of pages: 63 Posted: 03 Jan 2015
Banque de France, Czech National Bank (CNB) - Monetary Department, European Central Bank (ECB) - Directorate General Research, Deutsche Bundesbank - Research Centre, European Central Bank (ECB), European Central Bank (ECB), Centre for Monetary and Financial Studies (CEMFI) and Board of Governors of the Federal Reserve System
Downloads 199 (198,360)
Citation 87

Abstract:

Loading...

Macroprudential policy; Financial frictions; Default risk

Capital Regulation in a Macroeconomic Model with Three Layers of Default

ECB Working Paper No. 1827
Number of pages: 60 Posted: 11 Jul 2015
Banque de France, Czech National Bank (CNB) - Monetary Department, European Central Bank (ECB) - Directorate General Research, Deutsche Bundesbank - Research Centre, European Central Bank (ECB), European Central Bank (ECB), Centre for Monetary and Financial Studies (CEMFI) and Board of Governors of the Federal Reserve System
Downloads 59 (463,814)

Abstract:

Loading...

Default risk; Financial frictions; Macroprudential policy

Capital Regulation in a Macroeconomic Model with Three Layers of Default

Number of pages: 58 Posted: 23 Jan 2015
Banque de France, Czech National Bank (CNB) - Monetary Department, European Central Bank (ECB) - Directorate General Research, Deutsche Bundesbank - Research Centre and European Central Bank (ECB)
Downloads 0
Citation 2
  • Add to Cart

Abstract:

Loading...

Default risk, Financial frictions, Macroprudential policy

6.

Benefits and Costs of Liquidity Regulation

ECB Working Paper No. 2169
Number of pages: 67 Posted: 19 Jul 2018
European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), European Central Bank (ECB)European Central Bank (ECB) and Board of Governors of the Federal Reserve System
Downloads 253 (158,082)
Citation 4

Abstract:

Loading...

Banking, Liquidity regulation, Capital requirements, Central bank, Lender-of-last-resort

7.
Downloads 230 (172,584)
Citation 4

Inflation, Money Demand and Portfolio Choice

Number of pages: 65 Posted: 22 Feb 2014 Last Revised: 21 Aug 2019
Kosuke Aoki, Alexander Michaelides and Kalin Nikolov
University of Tokyo, Imperial College Business School and European Central Bank (ECB)
Downloads 132 (279,532)
Citation 1

Abstract:

Loading...

Life Cycle Models, Portfolio Choice, Inflation, Money Demand, Stock Market Participation, Uninsurable Labor Income Risk

Inflation, Money Demand and Portfolio Choice

Netspar Discussion Paper No. 02/2014-101
Number of pages: 68 Posted: 22 Dec 2015 Last Revised: 21 Jun 2021
Kosuke Aoki, Alexander Michaelides and Kalin Nikolov
University of Tokyo, Imperial College Business School and European Central Bank (ECB)
Downloads 98 (345,788)
Citation 3

Abstract:

Loading...

Life cycle models, portfolio choice, Infl‡ation, money demand, stock market participation, uninsurable labor income risk

Rule-Based Monetary Policy Under Central Bank Learning

Bank of England Working Paper No. 235
Number of pages: 42 Posted: 21 Feb 2005
Kalin Nikolov and Kosuke Aoki
European Central Bank (ECB) and University of Tokyo
Downloads 134 (276,491)

Abstract:

Loading...

Monetary policy, learning

Rule-Based Monetary Policy Under Central Bank Learning

Number of pages: 40 Posted: 03 Aug 2005
Kosuke Aoki and Kalin Nikolov
University of Tokyo and European Central Bank (ECB)
Downloads 38 (559,958)
  • Add to Cart

Abstract:

Loading...

Monetary policy rules, learning

9.

Macroprudential Policy Measures: Macroeconomic Impact and Interaction with Monetary Policy

ECB Working Paper No. 20202376
Number of pages: 65 Posted: 21 Feb 2020 Last Revised: 18 Nov 2021
University of St. Gallen - Institute of Economics (FGN), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research and University of Chicago - Booth School of Business
Downloads 170 (226,796)

Abstract:

Loading...

10.
Downloads 144 (260,269)
Citation 101

Winners and Losers in Housing Markets

Number of pages: 56 Posted: 18 Feb 2009
Princeton University - Department of Economics, European Central Bank (ECB) and Imperial College Business School
Downloads 141 (265,562)
Citation 32

Abstract:

Loading...

Real estates, Land, Housing Prices, Life cycle, Collateral constraints

Winners and Losers in Housing Markets

Number of pages: 58 Posted: 16 Aug 2010
Princeton University - Department of Economics, Imperial College Business School and European Central Bank (ECB)
Downloads 3 (824,492)
Citation 22
  • Add to Cart

Abstract:

Loading...

Collateral constraints., Housing Prices, Land, Life cycle, Real estate

11.

Bubbles, Banks and Financial Stability

ECB Working Paper No. 1495
Number of pages: 52 Posted: 22 Nov 2012
Kosuke Aoki and Kalin Nikolov
University of Tokyo and European Central Bank (ECB)
Downloads 137 (270,776)
Citation 6

Abstract:

Loading...

financial stability

12.

Optimal Dynamic Capital Requirements

Number of pages: 31 Posted: 14 Nov 2017
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Centre for Monetary and Financial Studies (CEMFI) and University of Pennsylvania - The Wharton School
Downloads 95 (350,076)
Citation 28

Abstract:

Loading...

Macroprudential policy; Bank fragility; Capital requirements; Financial frictions; Default risk

13.

Housing, Distribution and Welfare

Number of pages: 85 Posted: 20 May 2020 Last Revised: 21 Jun 2021
Princeton University - Department of Economics, Imperial College Business School and European Central Bank (ECB)
Downloads 92 (357,255)

Abstract:

Loading...

Housing prices, credit constraints, distribution, rental markets, welfare.

14.
Downloads 79 (391,724)
Citation 12

Bank Capital in the Short and in the Long Run

ECB Working Paper No. 2286 (2019); ISBN 978-92-899-3548-7
Number of pages: 35 Posted: 29 May 2019
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Centre for Monetary and Financial Studies (CEMFI) and University of Pennsylvania - The Wharton School
Downloads 45 (524,116)

Abstract:

Loading...

macroprudential policy, default risk, effective lower bound, transitional dynamics

Bank Capital in the Short and in the Long Run

Number of pages: 42 Posted: 01 Aug 2018
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Centre for Monetary and Financial Studies (CEMFI) and University of Pennsylvania - The Wharton School
Downloads 34 (582,582)
Citation 3

Abstract:

Loading...

Macroprudential Policy, Bank Fragility, Financial Frictions, Default Risk, Effective Lower Bound, Transition Dynamics

Bank Capital in the Short and in the Long Run

Number of pages: 45 Posted: 17 Sep 2018
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Centre for Monetary and Financial Studies (CEMFI) and University of Pennsylvania - The Wharton School
Downloads 0
Citation 10
  • Add to Cart

Abstract:

Loading...

Bank Fragility, Default Risk, effective lower bound, Financial Frictions, macroprudential policy, Transition Dynamics

15.

Understanding Japanese Household Portfolios

Number of pages: 56 Posted: 26 Apr 2021 Last Revised: 05 May 2021
Kosuke Aoki, Alexander Michaelides and Kalin Nikolov
University of Tokyo, Imperial College Business School and European Central Bank (ECB)
Downloads 73 (409,534)

Abstract:

Loading...

Life Cycle Models, Portfolio Choice, Stock Market Participation, Uninsurable Labor Income Risk, Japanese Portfolios

16.

The Ecb's Price Stability Framework: Past Experience, and Current and Future Challenges

ECB Occasional Paper No. 2021269
Number of pages: 128 Posted: 23 Sep 2021 Last Revised: 18 Nov 2021
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), Banque de France - Centre de Recherche, Bank of Latvia, ECB -DG Monetary Policy, De Nederlandsche Bank, European Central Bank (ECB), Bank of Portugal, European Central Bank (ECB), European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), Banque de France, Bank of Finland - Research, Central Bank of Cyprus, Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central BankECB, European Central Bank (ECB), Central Bank of Ireland, Banco de España, Bank of Italy, Deutsche Bundesbank, Deutsche Bundesbank, Banque de France, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank, University of St. Gallen, European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Bank of Finland, Central Bank of Ireland, European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), Národná banka Slovenska, European Central Bank (ECB), European Central Bank (ECB), Banque de France, Deutsche Bundesbank, Bank of Greece, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Frankfurt School of Finance and Management, European Central Bank, European Central Bank (ECB), Banco de España, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, National Bank of Belgium, Bank of Italy and Bank of Italy
Downloads 68 (425,513)

Abstract:

Loading...

effective lower bound, euro area, European Central Bank, monetary policy strategy, price stability

17.

The Role of Financial Stability Considerations in Monetary Policy and the Interaction with Macroprudential Policy in the Euro Area

ECB Occasional Paper No. 2021272
Number of pages: 142 Posted: 23 Sep 2021 Last Revised: 18 Nov 2021
ECB -DG Monetary Policy, Banque de France, European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), Deutsche Bundesbank - Economics Department, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank (ECB), European Central Bank, Bank of Slovenia, European Central Bank (ECB), University of Navarra - Department of Microbiology and Infectious Diseases, Banque de France - Centre de Recherche, Bank of Italy, Banco de España, Deutsche Bundesbank, Central Bank of Malta, Bank of Greece, Bank of Greece, European Central Bank (ECB), Banco de Portugal, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, Bank of Finland, European Central Bank (ECB)CEPR, Bank of Slovenia, National Bank of Belgium, Central Bank of Cyprus, Latvijas Banka, De Nederlandsche Bank, Oesterreichische Nationalbank (OeNB), Deutsche Bundesbank, Bank of Italy, De Nederlandsche Bank - Monetary and Economic Policy Department, European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, University of Giessen - Department of Economics and Bank of Slovenia
Downloads 67 (428,786)

Abstract:

Loading...

financial frictions, Monetary policy, systemic risk

18.

A Model of Borrower Reputation as Intangible Collateral

ECB Working Paper No. 1490
Number of pages: 44 Posted: 21 Nov 2012
Kalin Nikolov
European Central Bank (ECB)
Downloads 46 (509,633)

Abstract:

Loading...

collateral constraints, aggregate fluctuations

19.

A Bayesian Approach to Optimal Monetary Policy with Parameter and Model Uncertainty

Bank of England Working Paper No. 414
Number of pages: 74 Posted: 18 Mar 2011
Leonard N. Stern School of Business - Department of Economics, London School of Economics & Political Science (LSE) - Centre for Economic Performance (CEP), Federal Reserve Bank of Richmond, European Central Bank (ECB) and affiliation not provided to SSRN
Downloads 44 (518,640)
Citation 6

Abstract:

Loading...

Government Debt and Banking Fragility: The Spreading of Strategic Uncertainty

ECB Working Paper No. 2195
Number of pages: 66 Posted: 14 Nov 2018
Russell Cooper and Kalin Nikolov
Pennsylvania State University, College of the Liberal Arts - Department of Economic and European Central Bank (ECB)
Downloads 31 (600,510)
Citation 11

Abstract:

Loading...

sovereign default, sovereign-banking loop

Government Debt and Banking Fragility: The Spreading of Strategic Uncertainty

International Economic Review, Vol. 59, Issue 4, pp. 1905-1925, 2018
Number of pages: 21 Posted: 14 Nov 2018
Russell Cooper and Kalin Nikolov
Pennsylvania State University, College of the Liberal Arts - Department of Economic and European Central Bank (ECB)
Downloads 1 (849,034)
  • Add to Cart

Abstract:

Loading...

21.

UK Inflation in the 1970s and 1980s: The Role of Output Gap Mismeasurement

Number of pages: 53 Posted: 29 Oct 2001
Edward Nelson and Kalin Nikolov
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 21 (650,933)
Citation 2
  • Add to Cart

Abstract:

Loading...

Output gap, potential output, great inflation, Taylor rule, UK monetary policy, interest rate rules, real-time data, inflation targeting

22.

Collateral Amplification Under Complete Markets

ECB Working Paper No. 1716
Number of pages: 31 Posted: 16 Aug 2014
Kalin Nikolov
European Central Bank (ECB)
Downloads 20 (658,027)
Citation 2

Abstract:

Loading...

collateral constraints, amplification

23.

Assessing the Impact of Basel III: Evidence from Structural Macroeconomic Models

Number of pages: 36 Posted: 05 Jan 2022
Banque de France, Board of Governors of the Federal Reserve System, Bank of Japan, affiliation not provided to SSRN, National Bank of Belgium, European Central Bank (ECB), Goethe University Frankfurt - Department of Money and Macroeconomics, Banque de France, Banque de France and Bank of EnglandBank of England - Prudential Regulation Authority
Downloads 19 (672,515)

Abstract:

Loading...

Basel III reforms, DSGE models, solvency requirements, liquidity requirements

24.

Government Debt and Banking Fragility: The Spreading of Strategic Uncertainty

NBER Working Paper No. w19278
Number of pages: 58 Posted: 10 Aug 2013 Last Revised: 05 Sep 2021
Russell Cooper and Kalin Nikolov
University of Texas at Austin - Department of Economics and European Central Bank (ECB)
Downloads 19 (665,279)
Citation 3

Abstract:

Loading...

Equity Versus Bail-In Debt in Banking: An Agency Perspective

ESRB: Working Paper Series No. 2017/50
Number of pages: 45 Posted: 05 Nov 2020
Caterina Mendicino, Kalin Nikolov and Javier Suarez
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB) and Centre for Monetary and Financial Studies (CEMFI)
Downloads 15 (720,075)

Abstract:

Loading...

agency problems, bail-in debt, bank regulation, loss absorbing capacity, risk shifting

Equity Versus Bail-In Debt in Banking: An Agency Perspective

Number of pages: 46 Posted: 26 Jun 2017
Caterina Mendicino, Kalin Nikolov and Javier Suarez
European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB) and Centre for Monetary and Financial Studies (CEMFI)
Downloads 1 (849,034)
  • Add to Cart

Abstract:

Loading...

agency problems, bail-in debt, Bank Regulation, loss absorbing capacity, risk shifting