Search Results

Economía de Galicia tras el COVID-19: prospectiva de escenarios,
Fernando González Laxe, Jose Maria Da Rocha Alvarez, José Francisco Armesto Pina, Patricio Sánchez-Fernández and Santiago Lago-Peñas, from University Library of Munich, Germany (2020)
Keywords: COVID-19, economic impact, forecasting, GDP, Galicia

Disentangling the supply and demand factors of household credit in Malaysia: evidence from the credit register,
Jiaming Soh, from Bank for International Settlements (2018)
Keywords: : Supply factor, demand factor, household loan approval, credit register, funding ratio

Uncertainty and Monetary Policy in the US: A Journey into Non-Linear Territory,
Giovanni Pellegrino, from Department of Economics and Business Economics, Aarhus University (2020)
Keywords: Monetary policy shocks, Non-Linear Structural Vector Auto-Regressions, Interacted VAR, Generalized Impulse Response Functions, Endogenous Uncertainty

Recurrent Bubbles and Economic Growth,
Pablo A. Guerron-Quintana, Tomohiro Hirano and Ryo Jinnai, from The Canon Institute for Global Studies (2020)

COVID-19 Doesn't Need Lockdowns to Destroy Jobs: The Effect of Local Outbreaks in Korea,
Sangmin Aum, Sang Yoon (Tim) Lee and Yongseok Shin, from Queen Mary University of London, School of Economics and Finance (2020)
Keywords: COVID-19, regional difference-in-differences, labour market, inequality

Frankfurt becomes the new city: impactos macro-financeiros do Brexit na Alemanha,
Thais Palanca and João Ricardo Costa Filho, from University Library of Munich, Germany (2020)
Keywords: Macroeconomia financeira, Alemanha, Brexit, Mercado financeiro, Crescimento Econômico, Painel Dinâmico.

The Vanishing Procyclicality of Labour Productivity,
Jordi Galí and Thijs van Rens, from University of Warwick, Department of Economics (2020)
Keywords: labour hoarding ; hiring frictions ; effort choice JEL codes: E24 ' E32

Growth, war, and pandemics: Europe in the very long-run,
Carlos Rodriguez Caballero, from Universidad Carlos III de Madrid. Instituto Figuerola (2020)
Keywords: Long-Run Growth

Monetary policy and its transmission in a globalised world,
Michele Ca' Zorzi, Luca Dedola, Georgios Georgiadis, Marek Jarociński, Livio Stracca and Georg Strasser, from European Central Bank (2020)
Keywords: international monetary policy coordination, international shock transmission, monetary policy shocks, monetary policy spillovers

Monetary Policy Uncertainty and Firm Dynamics,
Stefano Fasani, Haroon Mumtaz and Lorenza Rossi, from Queen Mary University of London, School of Economics and Finance (2020)
Keywords: Monetary policy uncertainty shocks, FAVAR, DSGE

How to Deal with a Coronavirus Economic Recession?,
Vladimir Popov, from University Library of Munich, Germany (2020)
Keywords: Structural recession, adverse supply shock, demand shock, conventional Keynesian response to recession,restructuring, industrial policy

Stay At Home! Macroeconomic Effects of Pandemic-Induced Job Separation Shocks,
Marcelo Arbex, Michael Batu and Sidney Caetano, from University of Windsor, Department of Economics (2020)
Keywords: Uncertainty, pandemic, unemployment, business cycles, monetary policy.

Determinants of firm investment: Evidence from Slovenian firm-level data,
Črt Lenarčič and Georgios Papadopoulos, from University Library of Munich, Germany (2020)
Keywords: Firm investment; financial accelerator; firm-level data

The Fatal Conceit: Swedish Education after Nazism,
Gabriel Heller Sahlgren and Johan Wennström, from Research Institute of Industrial Economics (2020)
Keywords: National Socialism; Neo-Humanism; Progressivism; Sweden; War pedagogy

Aggregate Consumption and Wealth in the Long Run: The Impact of Financial Liberalization,
Malin Gardberg, from Research Institute of Industrial Economics (2020)
Keywords: Consumption; Wealth; Financial liberalization; Incomplete markets; State space model

Productivity and Competitiveness of the Western Balkan countries: An Analysis Based on the wiiw Western Balkan Productivity Database,
Oliver Reiter, Monika Schwarzhappel and Robert Stehrer, from The Vienna Institute for International Economic Studies, wiiw (2020)
Keywords: Productivity, unit labour costs, Western Balkan countries, accession

The Market for Acquiring Card Payments from Small and Medium-Sized Canadian Merchants,
Angelika Welte and Jozsef Molnar, from Bank of Canada (2020)
Keywords: Financial services; Market structure and pricing; Payment clearing and settlement systems

Central banks' response to Covid-19 in advanced economies,
Paolo Cavallino and Fiorella De Fiore, from Bank for International Settlements (2020)

Fractional trends and cycles in macroeconomic time series,
Tobias Hartl, Rolf Tschernig and Enzo Weber, from arXiv.org (2020)

COVID-19, Helicopter Money & the Fiscal-Monetary Nexus,
Alex Cukierman, from C.E.P.R. Discussion Papers (2020)
Keywords: Covid-19; Seignorage; Deficits; Government debt; Optimal taxation; Central bank independence; Fiscal institutions; Inflation and deflation

Monetary policy rules for an open economy with financial frictions: A Bayesian approach,
Augusto Aliaga Miranda, from CEPREMAP (2020)
Keywords: Bayesian estimation; Financial frictions; Open economy; Optimal monetary policy; Rules comparison

Macroprudential regulation and leakage to the shadow banking sector,
Stefan Gebauer and Falk Mazelis, from European Central Bank (2020)
Keywords: financial frictions, macroprudential policy, monetary policy, non-bank financial institutions, policy coordination

Household indebtedness risks in the wake of COVID‑19,
Olga Bilyk, Anson Ho, Mikael Khan and Geneviève Vallée, from Bank of Canada (2020)
Keywords: Climate change; Credit and credit aggregates; Econometric and statistical methods; Financial stability; Fiscal policy; Housing; Recent economic and financial developments; Sectoral balance sheet

Supply and Demand in Disaggregated Keynesian Economies with an Application to the Covid-19 Crisis,
Emmanuel Farhi and David Baqaee, from C.E.P.R. Discussion Papers (2020)
Keywords: Covid-19; Input-output linkages; Multi-sector; Demand and supply shocks; Keynesian economics

Flooded Through the Back Door: The Role of Capital in Local Shock Spillovers,
Oliver Rehbein and Steven Ongena, from University of Bonn and University of Mannheim, Germany (2020)
Keywords: natural disaster, real e ects, shock transmission, bank capital

Monetary regimes, the term structure and business cycles in Ireland, 1972-2018,
Rebecca Stuart, from Queen's University Belfast, Queen's University Centre for Economic History (2020)
Keywords: Ireland, term structure, recessions, monetary regimes

The macroeconomic determinants of COVID-19 mortality rate and the role of post subprime crisis decisions,
Olivier Damette and Stéphane Goutte, from HAL (2020)
Keywords: Covid-19 pandemic,Fatalities,Macroeconomic drivers,Health infrastructure,Health spending,Covid-19 control strategies,Pollution,Immunity,Austerity policies

Supply and Demand in Disaggregated Keynesian Economies with an Application to the Covid-19 Crisis,
David Baqaee and Emmanuel Farhi, from National Bureau of Economic Research, Inc (2020)

Zombie Credit and (Dis-)Inflation: Evidence from Europe,
Viral Acharya, Matteo Crosignani, Tim Eisert and Christian Eufinger, from National Bureau of Economic Research, Inc (2020)

When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response,
Valentin Haddad, Alan Moreira and Tyler Muir, from National Bureau of Economic Research, Inc (2020)

The Accumulation of Human and Market Capital in the United States: The Long View, 1948–2013,
Barbara M. Fraumeni, Michael S. Christian and Jon D. Samuels, from National Bureau of Economic Research, Inc (2020)

COVID-19 and Emerging Markets: A SIR Model, Demand Shocks and Capital Flows,
Cem Çakmaklı, Selva Demiralp, Sebnem Kalemli-Ozcan, Sevcan Yesiltas and Muhammed A. Yildirim, from National Bureau of Economic Research, Inc (2020)

Machine Learning Time Series Regressions with an Application to Nowcasting,
Andrii Babii, Eric Ghysels and Jonas Striaukas, from arXiv.org (2020)

National Expenditure Rules in the EU An Analysis of Effectiveness and Compliance,
Cristiana Manescu and Elva Bova, from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2020)

Hedger of Last Resort: Evidence from Brazil on FX Interventions, Local Credit and Global Financial Cycles,
Rodrigo Gonzalez, Dmitry Khametshin, Jose-Luis Peydro and Andrea Polo, from ZBW - Leibniz Information Centre for Economics (2022)
Keywords: foreign exchange, monetary policy, central bank, bank credit, hedging

Burning Money? Government Lending in a Credit Crunch,
Gabriel Jimenez, Jose-Luis Peydro, Rafael Repullo and Jesús Saurina, from ZBW - Leibniz Information Centre for Economics (2019)
Keywords: adverse selection, state-owned banks, credit crunch, real effects of public credit, crowding-in

Take It to the Limit? The Effects of Household Leverage Caps,
Sjoerd Van Bekkum, Marc Gabarró, Rustom Irani and Jose-Luis Peydro, from ZBW - Leibniz Information Centre for Economics (2019)
Keywords: macroprudential policy, residential mortgages, solvency vs. liquidity tradeoff, household leverage, loan-to-valud ratio

Countercyclical Liquidity Policy and Credit Cycles: Evidence from Macroprudential and Monetary Policy in Brazil,
João Barroso, Rodrigo Gonzalez, Jose-Luis Peydro and Bernardus Van Doornik, from ZBW - Leibniz Information Centre for Economics (2019)
Keywords: liquidity, reserve requirements, credit cycles, macroprudential and monetary policy

The international bank lending channel of monetary policy rates and QE: Credit supply, reach-for-yield, and real effects,
Bernardo Morais, Jose-Luis Peydro, Jessica Roldán-Peña and Claudia Ruiz-Ortega, from ZBW - Leibniz Information Centre for Economics (2019)

Mit neuem Wachstum aus der Krise: Überlegungen zu einer Modernisierungsstrategie für Nordrhein-Westfalen,
Hubertus Bardt, Michael Hüther, Christoph Schmidt and Torsten Schmidt, from Institut der deutschen Wirtschaft (IW) / German Economic Institute (2020)

A non-hierarchical dynamic factor model for three-way data,
António Rua and Francisco Dias, from Banco de Portugal, Economics and Research Department (2020)

The U.S. Labor Market during the Beginning of the Pandemic Recession,
Tomaz Cajner, Leland Crane, Ryan Decker, John Grigsby, Adrian Hamins-Puertolas, Erik Hurst, Christopher Kurz and Ahu Yildirmaz, from National Bureau of Economic Research, Inc (2020)

Is heightened political uncertainty priced in stock returns? Evidence from the 2014 Scottish independence referendum,
Julia Darby, Jun Gao, Siobhán Lucey and Sheng Zhu, from University of Strathclyde Business School, Department of Economics (2019)
Keywords: Political uncertainty, stock market volatility

Permit markets with political and market distortions,
Alex Dickson and Ian MacKenzie, from University of Strathclyde Business School, Department of Economics (2020)
Keywords: pollution market, market power, rent-seeking.

The Nordhaus Test with Many Zeros,
Kajal Lahiri and Yongchen Zhao, from Towson University, Department of Economics (2020)
Keywords: Nordhaus test, Expectations updating, Forecast efficiency, Fixed-event forecasts, Inattentive forecasters.

Ambiguous Business Cycles: A Quantitative Assessment,
Sumru Altug, Fabrice Collard, Cem Çakmaklı, Sujoy Mukerji and Han Ozsoylev, from Toulouse School of Economics (TSE) (2020)

Business cycles, financial conditions and nonlinearities,
Ivan Mendieta-Muñoz, from University of Utah, Department of Economics (2020)
Keywords: Business cycles; investment fluctuations; financial conditions; nonlinear dynamics; Bayesian Threshold Vector Autoregression. JEL Classification: B50; E10; E22; E32; E43.

Bank Lending, Monetary Policy Transmission, and Interest on Excess Reserves: A FAVAR Analysis,
Chetan Dave, Scott Dressler and Lei Zhang, from University of Alberta, Department of Economics (2020)
Keywords: Bank Lending Channel; FAVAR; IOER; Monetary Policy

The spirit of capitalism and optimal capital taxation,
Fanghui Li, Gaowang Wang and Heng-Fu Zou, from University Library of Munich, Germany (2020)
Keywords: the Spirit of Capitalism; Capital Income Taxation; Heterogeneous Agents

How well-anchored are long-term inflation expectations?,
Richhild Moessner and Elod Takats, from Bank for International Settlements (2020)
Keywords: inflation expectations, anchoring, ZLB, monetary policy credibility

A Promised Value Approach to Optimal Monetary Policy,
Timothy Hills, Taisuke Nakata and Takeki Sunakawa, from Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2020)

Equilibrium Yield Curves and the Interest Rate Lower Bound,
Taisuke Nakata and Hiroatsu Tanaka, from Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2020)

Monetary Policy Options at the Effective Lower Bound: Assessing the Federal Reserve’s Current Policy Toolkit,
Hess Chung, Etienne Gagnon, Taisuke Nakata, Matthias Paustian, Bernd Schlusche, James Trevino, Diego Vilán and Wei Zheng, from Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2020)

Credible Forward Guidance,
Taisuke Nakata and Takeki Sunakawa, from Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2020)

Optimal Inflation Target with Expectations-Driven Liquidity Traps,
Philip Coyle and Taisuke Nakata, from Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2020)

Average Inflation Targeting and the Interest Rate Lower Bound,
Flora Budianto, Taisuke Nakata and Sebastian Schmidt, from Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2020)

Active, or Passive? Revisiting the Role of Fiscal Policy in the Great Inflation,
Stephanie Ettmeier and Alexander Kriwoluzky, from DIW Berlin, German Institute for Economic Research (2020)
Keywords: Bayesian Analysis, DSGE Models, Monetary-Fiscal Policy Interactions, Monte Carlo Methods

The Macroeconomic Effects of a European Deposit (Re-) Insurance Scheme,
Marius Clemens, Stefan Gebauer and Tobias König, from DIW Berlin, German Institute for Economic Research (2020)
Keywords: Banking Union, Deposit Insurance, Risk-Sharing

Macroprudential Policy, Mortgage Cycles and Distributional Effects: Evidence from the UK,
Jose-Luis Peydro, Francesc Rodríguez Tous, Jagdish Tripathy and Arzu Uluc, from Barcelona School of Economics (2020)
Keywords: macroprudential policy, mortgages, credit cycles, inequality, house prices

The global effects of global risk and uncertainty,
Dario Bonciani and Martino Ricci, from Bank of England (2020)
Keywords: Global uncertainty; global risk aversion; global financial cycle; small open economies

A shadow rate without a lower bound constraint,
Rafael B De Rezende and Annukka Ristiniemi, from Bank of England (2020)
Keywords: Monetary policy stance; unconventional monetary policy; term structure of interest rates; short-rate expectations; term premium; exchange rates

Macroprudential policy, mortgage cycles and distributional effects: Evidence from the UK,
Jose-Luis Peydro, Francesc Rodriguez-Tous, Jagdish Tripathy and Arzu Uluc, from Bank of England (2020)
Keywords: Macroprudential policy; mortgages; credit cycles; inequality; house prices

Global financial cycles since 1880,
Galina Potjagailo and Maik Wolters, from Bank of England (2020)
Keywords: Financial cycles; financial crisis; global co-movement; dynamic factor models; time-varying parameters; macro-finance

Discount Shock, Price-Rent Dynamics, and the Business Cycle,
Jianjun Miao, Pengfei Wang and Tao Zha, from Federal Reserve Bank of Atlanta (2020)
Keywords: liquidity premium; heterogeneous firms; endogenous TFP; stochastic discount factor; general equilibrium; asset pricing; comovements; production economy; bank loans; business cycles; debt

Cyclical Lending Standards: A Structural Analysis,
Kaiji Chen, Patrick Higgins and Tao Zha, from Federal Reserve Bank of Atlanta (2020)
Keywords: endogenous regime switching; asymmetric credit allocation; land prices; heavy GDP; debt-to-GDP ratio; nonlinear effects; GDP growth target; heavy loans; real estate; bank loans; business cycles; debt

Shock dependence of exchange rate pass-through: A comparative analysis of BVARs and DSGEs,
Mariarosaria Comunale, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
Keywords: euro area, exchange rate pass-through, Bayesian VAR, local projections, monetary policy

Information weighting under least squares learning,
Jaqueson Galimberti, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
Keywords: bounded rationality, expectations, adaptive learning, memory

Measuring Openness,
Jean Imbs and Laurent Pauwels, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2023)
Keywords: Measurement of Openness, Global Value Chains, Shock Propagation, Growth, Synchronization

The global effects of Covid-19-induced uncertainty,
Giovanni Caggiano, Efrem Castelnuovo and Richard Kima, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
Keywords: Covid-19, Financial Uncertainty, Vector AutoRegressions, Global financial cycle, World industrial production

Inflation dynamics: Expectations, structural breaks and global factors,
Pierre Siklos, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
Keywords: Inflation, Globalization, monetary policy, Vector autoregressions, local projections, quantile regressions

International effects of euro area forward guidance,
Maximilian Bock, Martin Feldkircher and Pierre Siklos, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
Keywords: Spillovers, interest rate expectations, forward guidance, GVAR

Fluctuations in a Dual Labor Market,
Normann Rion, from HAL (2020)
Keywords: Fixed-term contracts,Employment protection,New Keynesian model,Inflation dynamics,Uncertainty

On Investment and Cycles in Explicitely Solved Vintage Capital Models,
Hippolyte d'Albis and Jean-Pierre Drugeon, from HAL (2020)
Keywords: Vintage Capital,Optimal Growth,Discrete Time

Why has the U.S. economy stagnated since the Great Recession?,
Yunjong Eo and James Morley, from Institute of Economic Research, Korea University (2020)
Keywords: Secular stagnation; Great Recession; output gap; trend growth; Markov switching; structural breaks

Changes in the Inflation Target and the Comovement between Inflation and the Nominal Interest Rate,
Yunjong Eo and Denny Lie, from Institute of Economic Research, Korea University (2020)
Keywords: Neo-Fisherism; zero lower bound; inflation expectations; Taylortype rule; hybrid NKPC; hybrid IS curve;

Do Stay-at-Home Orders Cause People to Stay at Home? Effects of Stay-at-Home Orders on Consumer Behavior,
Diane Alexander and Ezra Karger, from Federal Reserve Bank of Chicago (2020)
Keywords: stay-at-home orders; high-frequency data; consumer spending; Covid-19

Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength,
Francesco Bianchi, Renato Faccini and Leonardo Melosi, from Federal Reserve Bank of Chicago (2020)
Keywords: emergency budget; Monetary policy; fiscal policy; shock specific rule; Covid-19

Non-gravity trade,
Markus Brueckner, Ngo Long and Joaquin Vespignani, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
Keywords: Non-Gravity Trade, Inequality, Education

Non-Gravity Trade,
Markus Brueckner, Ngo Long and Joaquin Vespignani, from Federal Reserve Bank of Dallas (2020)
Keywords: Non-Gravity Trade; Inequality; Education

Switching Volatility in a Nonlinear Open Economy,
Jonathan Benchimol and Sergey Ivashchenko, from Federal Reserve Bank of Dallas (2020)
Keywords: DSGE; Volatility Shocks; Markov Switching; Open Economy; Financial Crisis; Nonlinearities

Canadian Financial Stress and Macroeconomic Conditions,
Thibaut Duprey, from Bank of Canada (2020)
Keywords: Central bank research; Financial markets; Financial stability; Monetary and financial indicators

The Gender Pay Gap: What can we learn from Northern Ireland?,
Melanie Jones and Ezgi Kaya, from Cardiff University, Cardiff Business School, Economics Section (2020)
Keywords: consumption; citizenship; informality; (un)documented immigrants; work permit

Financial factors and the business cycle,
Tino Berger, Julia Richter and Benjamin Wong, from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020)
Keywords: Business Cycle, Financial Cycle, Financial shocks

Monetary Policy with Judgment,
Paolo Gelain and Simone Manganelli, from Federal Reserve Bank of Cleveland (2020)

Nowcasting Tail Risks to Economic Activity with Many Indicators,
Andrea Carriero, Todd Clark and Massimiliano Marcellino, from Federal Reserve Bank of Cleveland (2020)
Keywords: pandemics; big data; quantile regressions; forecasting; downside risk; mixed frequency

A Matter of Perspective: Mapping Linear Rational Expectations Models into Finite-Order VAR Form,
Enrique Martínez García, from Federal Reserve Bank of Dallas (2020)
Keywords: Linear Rational Expectations Models; Finite-Order Vector Autoregressive Representation; Sylvester Matrix Equation; New Keynesian Model; Monetary Policy Shocks

Checking the Path Towards Recovery from the COVID-19 Isolation Response,
Finn Kydland and Enrique Martínez García, from Federal Reserve Bank of Dallas (2020)
Keywords: COVID-19; Macro Expectations; Flattening the Curve; Policy Response Stringency; Google Mobility

The Unintended Consequences of Employer Credit Check Bans for Labor Markets,
Kristle Cortés, Andy Glover and Murat Tasci, from Human Capital and Economic Opportunity Working Group (2020)
Keywords: vacancies, credit score, credit check

Republic of Belarus: Technical Assistance Report-Monetary Policy Modeling,
International Monetary Fund, from International Monetary Fund (2020)
Keywords: ISCR;CR;monetary policy;QPM;Near-term forecast;FPAS; TA mission; QPM team; monetary policy meeting; forecast scenario; NBRB flagship publication; NTF expert; Inflation targeting

Republic of Belarus: Technical Assistance Report-Monetary Policy Modeling,
International Monetary Fund, from International Monetary Fund (2020)
Keywords: ISCR; CR; monetary policy; QPM; team; FPAS; QPM team; TA mission; forecast scenario; monetary policy transmission channels; monetary policy meeting; Communications in revenue administration; Inflation targeting; Monetary policy frameworks