Falk Bräuning's Research Page
Welcome to the academic website of Falk Bräuning!
I am Senior Economist and Policy Advisor in the Research Department of the Federal Reserve Bank of Boston.
Below you will find my research and policy publications.
Here is my full CV.
Working Papers:
Cost-Price Relationships in a Concentrated Economy (with José Fillat and Gustavo Joaquim)
Did High Leverage Render Small Businesses Vulnerable to the COVID-19 Shock? (with José Fillat and J. Christina Wang)
Corporate Finance and the Transmission of Shocks to the Real Economy (with José Fillat and Gustavo Joaquim)
High-Yield Debt Covenants and Their Real Effects (with Victoria Ivashina and Ali Ozdagli)
The Impact of Regulatory Stress Tests on Bank Lending and its Macroeconomic Consequences (with José Fillat)
ECB Monetary Policy Transmission During Normal and Negative Interest Rate Periods (with Botao Wu)
Journal Publications:
Puriya Abbassi and Falk Bräuning (2023), Exchange Rate Risk, Banks' Currency Mismatches, and Credit Supply, Journal of International Economics (forthcoming)
Falk Bräuning and Viacheslav Sheremirov (2022), The Transmission Mechanisms of International Business Cycles: Output Spillovers through Trade and Financial Linkages, IMF Economic Review (forthcoming)
Puriya Abbassi, Falk Bräuning, Falko Fecht, and José-Luis Peydró (2022), Cross-Border Interbank Liquidity, Crises, and Monetary Policy, Journal of International Economics 139 (2022).
Puriya Abbassi and Falk Bräuning (2021), Demand Effects in the FX Forward Market: Micro Evidence from Banks’ Dollar Hedging, Review of Financial Studies 34 (9), 4177–4215.
Puriya Abbassi, Falk Bräuning, and Niels Schulze (2021), Bargaining Power and Outside Options in the Interbank Lending Market, Financial Management 2021 (50), 553–586.
Falk Bräuning and Victoria Ivashina (2020), Monetary Policy and Global Banking, Journal of Finance 75 (6), 3055–3095.
Falk Bräuning and Siem Jan Koopman (2020), The Dynamic Factor Network Model with an Application to International Trade, Journal of Econometrics 216 (2), 494–515.
Falk Bräuning and Victoria Ivashina (2020), U.S. Monetary Policy and Emerging Markets Credit Cycles, Journal of Monetary Economics 112 (June 2020), 57–76.
Francisco Blasques, Falk Bräuning, and Iman van Lelyveld (2018), A Dynamic Network Model of the Unsecured Interbank Lending Market, Journal of Economic Dynamics and Control 90 (May 2018), 310–342.
Falk Bräuning and Falko Fecht (2017), Relationship Lending in the Interbank Market and the Price of Liquidity, Review of Finance 21 (1), 33–75.
Falk Bräuning and Siem Jan Koopman (2014), Forecasting Macroeconomic Variables using Collapsed Dynamic Factor Analysis, International Journal of Forecasting 30 (3), 572–584.
Policy Publications:
Falk Bräuning, José Fillat, and Gustavo Joaquim (2022), Cost-Price Relationships in a Concentrated Economy, Federal Reserve Bank of Boston Current Policy Perspectives.
Falk Bräuning, José Fillat, Frankie Lin, and J. Christina Wang (2021), A Helping Hand to Main Street Where and When It Was Needed, Federal Reserve Bank of Boston Current Policy Perspectives.
Falk Bräuning and Teodora Paligorova (2021), Uptake of the Main Street Lending Program, Federal Reserve Bank of Boston Current Policy Perspectives.
Falk Bräuning, José Fillat, and J. Christina Wang (2020), Corporate Debt Maturity and Monetary Policy, Federal Reserve Bank of Boston Current Policy Perspectives.
Falk Bräuning and J. Christina Wang (2020), The Great Leverage 2.0? A Tale of Different Indicators of Corporate Leverage, Federal Reserve Bank of Boston Current Policy Perspectives.
Falk Bräuning and José Fillat (2019), Stress Testing Effects on Portfolio Similarities Among Large US Banks, Federal Reserve Bank of Boston, Current Policy Perspectives 19–1.
Falk Bräuning (2017), The Liquidity Effect of the Federal Reserve’s Balance Sheet Reduction on Short-Term Interest Rates, Federal Reserve Bank of Boston, Current Policy Perspectives 18–1.
Falk Bräuning and Kovid Puria (2017), Uncovering Covered Interest Parity: The Role of Bank Regulation and Monetary Policy, Federal Reserve Bank of Boston, Current Policy Perspectives 17–3.
Contact Details:
Federal Reserve Bank of Boston
Research Department T-9
600 Atlantic Avenue, Boston, MA 02210
Office: +1 (617) 337-3081
Mobile: +1 (857) 319-2982
Email: Falk.Braeuning@bos.frb.org
Profile at Boston Fed Website
Profile at Google Scholar
Disclaimer: The views expressed on this site do not necessarily reflect those of the Federal Reserve Bank of Boston or the Federal Reserve System.