L e n a  B o n e v a

E c o n o m i s t,  E C B   a n d   C E P R
 


 
P u b l i c a t i o n s: 


"New Keynesian Dynamics in a Low Interest Rate Environment"
, with Toni Braun, Journal of Economic Dynamics and Control, 35:12, December 2011, p. 2213-2227. IMES working paper.

"Asymmetry in Government Bond Returns", with Ippei Fujiwara and Daisuke Nagakura, Journal of Banking and Finance, 37:8, August 2013, p. 3218-3226.  SRRN working paper.

"A Semiparametric Model for Heterogeneous Panel Data with Fixed Effects", with Oliver Linton and Michael Vogt, Journal of Econometrics, 188:2, October 2015, p. 327-345. Cemmap working paper.

"The Effect of Fragmentation in Trading on Market Quality in the UK Equity Market", with Oliver Linton and Michael Vogt, Journal of Applied Econometrics, 31:1, January/February 2016, p. 192-213. SSRN working paper.

"The Effect of Unconventional Monetary Policy on Inflation Expectations: Evidence from Firms in the United Kingdom", with James Cloyne, Martin Weale and Tomasz Wieladek, International Journal of Central Banking, 12:3, September 2016, p. 161-195. Bank of England external MPC unit discussion paper.

"Some Unpleasant Properties of Log-linearized solutions when the Nominal Rate is Zero", with Toni Braun and Yuichiro Waki, Journal of Monetary Economics, 84, December 2016, p. 216-232. Bank of England staff working paper.


"Threshold-based Forward Guidance", with Richard Harrison and Matt Waldron, Journal of Economic Dynamics and Control, 2018, 138-155. Bank of England staff working paper.

"Forecasting the UK Economy: Alternative Forecasting Methodologies and the Role of Off-model Information", with Nicholas Fawcett, Riccardo Masolo and Matt Waldron, International Journal of Forecasting, 2019, 100-120. Bank of England staff working paper.

"Firms' Price, Cost and Activity Expectations: Evidence from the Micro Data", with James Cloyne, Martin Weale and Tomasz Wieladek, Economic Journal, forthcoming. CEPR discussion paper.



W o r k i n g    p a p e r s: 


"The Impact of the Bank of England's Corporate Bond Purchase Scheme on Yield Spreads", with Calebe de Roure and Ben Morley, 2018, Bank of England staff working paper.

The Impact of QE in liquidity: evidence from the UK Corporate Bond Purchase Scheme", with David Elliott, Iryna Kaminska, Oliver Linton, Nick McLaren and Ben Morley, 2018, Bank of England staff working paper.


W o r k    i n    p r o g r e s s:

Secondary market trading and quantitative easing auctions in the UK (with Jakub Kastl and Filip Zikes).


B l o g   p o s t s:

"Hedging the zero bound with threshold-based forward guidance", with Richard Harrison and Matt Waldron, 2015, Bank Underground.

"How did the Bank's forecasts perform before, during and after the crisis?",
with Nicholas Fawcett, Riccardo Masolo and Matt Waldron, 2015, Bank Underground.

"What are the effects of fiscal policy at the zero lower bound?", with Toni Braun and Yuichiro Waki, 2016, Bank Underground.

"What did the CBPS do to corporate bond yields?", with Calebe de Roure and Ben Morley, 2018, Bank Underground.

 
The views expressed on this webpage are my personal views and not those of the European Central Bank or the Eurosystem.