Search Results

Perception of Acceptance Barriers and Cashless Payments Value: Evidence from Russian Merchants,
Ekaterina Semerikova, Egor Krivosheya and Alexander Dobrynin, from International Institute of Social and Economic Sciences (2019)
Keywords: retail payments; financial services; merchants; barriers; card acceptance

Monetary Policy and the Limits to Arbitrage: Insights from a New Keynesian Preferred Habitat Model,
Walker Ray, from Society for Economic Dynamics (2019)

Public Debt and the Slope of the Term Structure,
Thien Nguyen, from Society for Economic Dynamics (2019)

Financial Business Cycles,
Sebastian Di Tella and Robert Hall, from Society for Economic Dynamics (2019)

Application Cycles,
Niklas Engbom, from Society for Economic Dynamics (2019)

Financial Constraints, Sectoral Heterogeneity, and the Cyclicality of Investment,
Cooper Howes, from Society for Economic Dynamics (2019)

Monetary Policy in Sudden Stop-prone Economies,
Louphou Coulibaly, from Society for Economic Dynamics (2019)

What drives implementation of the European Union’s policy recommendations to its member countries?,
Guntram Wolff and Konstantinos Efstathiou, from C.E.P.R. Discussion Papers (2019)

Emergency Liquidity Injections,
Nicholas Garvin, from Reserve Bank of Australia (2019)
Keywords: banking crisis; bailout; repo; collateral; market liquidity; funding liquidity

Beliefs, Aggregate Risk, and the U.S. Housing Boom,
Margaret Jacobson, from Society for Economic Dynamics (2019)

Structural Asymmetries and Financial Imbalances,
Ivan Jaccard, from Society for Economic Dynamics (2019)

Uncertainty shocks and financial crisis indicators,
Nikolay Hristov and Markus Roth, from Deutsche Bundesbank (2019)
Keywords: uncertainty, crisis indicators, structural macroeconomic shocks, signrestrictions

Economic Policy Uncertainty and the Supply of Business Loans,
Santiago Barraza and Andrea Civelli, from Universidad de San Andres, Departamento de Economia (2019)
Keywords: economic policy uncertainty, bank lending, business, credit

US Fiscal Cycle and the Dollar,
Zhengyang Jiang, from Society for Economic Dynamics (2019)

Negative interest rates in the euro area: Does it hurt banks?,
Jan Stráský and Hyunjeong Hwang, from OECD Publishing (2019)
Keywords: bank profitability, lower bound, monetary policy, negative rates

Misallocation Under Trade Liberalization,
Keyu Jin, from C.E.P.R. Discussion Papers (2019)
Keywords: Capital and labor wedges; Misallocation; Trade liberalization; Gains from trade; Industrial policy

Redistributive Growth,
Enrico Perotti and Döttling, Robin, from C.E.P.R. Discussion Papers (2019)
Keywords: Intangible capital; Skill premium; Knowledge based technological change; Human capital; Excess savings; Mortgage credit

Government support of small and medium sized entrepreneurship in Russia,
Vera Barinova, Stepan Zemtsov and Yulia Tsareva, from Gaidar Institute for Economic Policy (2019)
Keywords: Russian economy, small businesses, medium-sized enterprises

Russian industrial sector in 2018: slowdown of exiting from stagnation of 2012–2016 (on business surveys’ findings),
Sergey Tsukhlo, from Gaidar Institute for Economic Policy (2019)
Keywords: Russian economy, industrial sector, industrial output

The Primary Cause of European Inflation in 1500-1700: Precious Metals or Population? The English Evidence,
Jacques Melitz and Anthony Edo, from C.E.P.R. Discussion Papers (2019)
Keywords: The “great inflation; †demography; Precious metals; European economic history 1500-1700

Credit mechanics: a precursor to the current money supply debate,
Frank Decker and C. A. E. Goodhart, from London School of Economics and Political Science, LSE Library (2018)
Keywords: balances mechanics; bank credit; money creation; credit creation; credit mechanics; money supply theory

Forecasting European Economic Policy Uncertainty,
Stavros Degiannakis and George Filis, from University Library of Munich, Germany (2019)
Keywords: Economic policy uncertainty, forecasting, financial markets, commodities markets, HAR, ultra-high frequency information

Oil Price Shocks and Uncertainty: How stable is their relationship over time?,
Stavros Degiannakis, George Filis and Sofia Panagiotakopoulou, from University Library of Munich, Germany (2018)
Keywords: Economic policy uncertainty, financial uncertainty, realized volatility, oil price shock, SVAR, TVP-VAR, US.

Fixed investment in Russia in 2018,
Olga Izryadnova, from Gaidar Institute for Economic Policy (2019)
Keywords: Russian economy, fixed investment

The dynamics and pattern of Russia’s economic growth in 2018,
Olga Izryadnova, from Gaidar Institute for Economic Policy (2018)
Keywords: Russian economy, production, external and internal demand, GDP structure

Macroeconomic Indicator Forecasting with Deep Neural Networks,
Thomas Cook, from Society for Economic Dynamics (2019)

Managing Inequality over the Business Cycles: Optimal Policies with Heterogeneous Agents and Aggregate Shocks,
Xavier Ragot, from Society for Economic Dynamics (2019)

The Dollar During the Great Recession: US Monetary Policy Signaling and The Flight To Safety,
Vania Stavrakeva and Jenny Tang, from C.E.P.R. Discussion Papers (2019)

Fiscal distress and banking performance: The role of macroprudential regulation,
Harris Dellas, Hiona Balfoussia and Dimitris Papageorgiou, from C.E.P.R. Discussion Papers (2019)
Keywords: Fiscal distress; Bank performance; Optimal macroprudential policy; Greece; Banking union

International Spillovers of U.S. Monetary Policy,
İshak Demir, from University of Lincoln, Lincoln International Business School, Lincoln Economics and Finance Research Group (LEAF) (2019)
Keywords: cross-country heterogeneity, country-specific characteristic, international monetary spillovers, structural factor model, monetary policy

Monetary Policy Autonomy and International Monetary Spillovers,
İshak Demir, from University of Lincoln, Lincoln International Business School, Lincoln Economics and Finance Research Group (LEAF) (2019)
Keywords: monetary policy autonomy, global financial cycle, international spillovers, trilemma, country-specific characteristics, cross-country difference, dilemma

Global Effective Lower Bound and Unconventional Monetary Policy,
Jing Cynthia Wu and Ji Zhang, from Society for Economic Dynamics (2019)

Bank intermediation activity in a low interest rate environment,
Leonardo Gambacorta, Michael Brei and Claudio Borio, from C.E.P.R. Discussion Papers (2019)
Keywords: Monetary policy; Bank business models; Financial crisis

Emerging African Economies:Digital Structures, Disruptive Responses and Demographic Implications,
Godwin Nwaobi, from University Library of Munich, Germany (2019)
Keywords: Africa, Digitization, Industrial Revolution, Technologies, Disruptions, Development, Old Work, Innovation, Automation, ICTs, E-commerce Robotics, Artificial Intelligence Block Chain, Cryptology, Fintech, Productivity, New Skills, Human Capital, Institutions, Policies, Emergence, Transformations, Economies, Analog Complements, Unemployment, New Jobs, Social Protection

Stock Market's Assessment of Monetary Policy Transmission: The Cash Flow Effect,
Gürkaynak, Refet, Sang Seok Lee and Hatice Karasoy Can, from C.E.P.R. Discussion Papers (2019)
Keywords: Cash flow effect of monetary policy; Investor sophistication; Financial frictions; Stock pricing

Riders on the Storm,
Alan Taylor and Oscar Jorda, from C.E.P.R. Discussion Papers (2019)
Keywords: Neutral rate of interest; Monetary policy stance; State-space model; Kalman filter

The Long-term Rate and Interest Rate Volatility in Monetary Policy Transmission,
Zhengyang Chen, from University Library of Munich, Germany (2019)
Keywords: Monetary policy transmission; Risk-taking channel; Structural vector autoregression; High-frequency identification

Financial Frictions and the Wealth Distribution,
Fernández-Villaverde, Jesús, Samuel Hurtado and Nuño, Galo, from C.E.P.R. Discussion Papers (2019)
Keywords: Heterogeneous agents; Aggregate shocks; Continuous-time; Machine learning; Structural estimation

Micro Jumps, Macro Humps: monetary policy and business cycles in an estimated HANK model,
Adrien Auclert, Ludwig Straub and Matthew Rognlie, from Society for Economic Dynamics (2019)

Accounting for the Slow Recovery from the Great Recession: The Role of Credit Constraints,
Francisco Buera and Juan Pablo Nicolini, from Society for Economic Dynamics (2019)

Investment under Rational Inattention: Evidence from US Sectoral Data,
Peter Zorn, from Society for Economic Dynamics (2019)

A Crash Course on the Euro Crisis,
Markus Brunnermeier, from C.E.P.R. Discussion Papers (2019)
Keywords: Teaching; Financial crisis; Shadow banking; Safe asset; Pecuniary externalities; Amplification; Systemic risk; Euro crisis

Labor Market Trends and the Changing Value of Time,
Loukas Karabarbounis and Job Boerma, from C.E.P.R. Discussion Papers (2019)
Keywords: Time use; Consumption; Leisure productivity; Inequality

Facts on Business Dynamism in Turkey,
Ufuk Akcigit, Yusuf Emre Akgunduz, Elif Ozcan Tok, Seyit Cilasun and Fatih Yilmaz, from C.E.P.R. Discussion Papers (2019)
Keywords: Business dynamism; Market concentration; Competition; Turkish economy

How important are consumer confidence shocks for the propagation of business cycles in Bulgaria?,
Aleksandar Vasilev, from University of Lincoln, Lincoln International Business School, Lincoln Economics and Finance Research Group (LEAF) (2019)
Keywords: consumer confidence shocks, business cycles, Bulgaria

Threats to Central Bank Independence: High-Frequency Identification with Twitter,
Francesco Bianchi, Thilo Kind and Howard Kung, from C.E.P.R. Discussion Papers (2019)
Keywords: Central bank independence; Monetary policy; Twitter; Fed funds target; High-frequency identification

Hedging Macroeconomic and Financial Uncertainty and Volatility,
Ian Dew-Becker, Stefano Giglio and Bryan T. Kelly, from National Bureau of Economic Research, Inc (2019)

On Latin American Populism, And Its Echoes Around the World,
Sebastian Edwards, from National Bureau of Economic Research, Inc (2019)

Retirement in the Shadow (Banking),
Guillermo Ordonez and Facundo Piguillem, from National Bureau of Economic Research, Inc (2019)

A Plucking Model of Business Cycles,
Stéphane Dupraz, Emi Nakamura and Jon Steinsson, from National Bureau of Economic Research, Inc (2019)

The Consumption Response to Trade Shocks: Evidence from the US-China Trade War,
Michael Waugh, from National Bureau of Economic Research, Inc (2019)

Cash is King - Effects of ECB's Conventional and Unconventional Measures,
Martin Baumgaertner and Jens Klose, from Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) (2019)
Keywords: Unconventional Monetary Policy, High-Frequency Data, ECB

Stable Money and Central Bank Independence: Implementing Monetary Institutions in Postwar Germany,
Carsten Hefeker, from Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) (2019)
Keywords: Currency reform, Bundesbank, central bank independence, institutional reform

The Brexit Vote, Productivity Growth and Macroeconomic Adjustments in the United Kingdom,
Silvana Tenreyro, Ben Broadbent, Federico Di Pace, Thomas Drechsel and Richard Harrison, from C.E.P.R. Discussion Papers (2019)
Keywords: Brexit; Productivity; Trade; Growth; Exchange rate adjustment; Uk economy; Tradable sector

Monetary policy for commodity booms and busts,
Silvana Tenreyro, Thomas Drechsel and Michael McLeay, from C.E.P.R. Discussion Papers (2019)
Keywords: Monetary policy; Small open economy; Commodity prices; Exchange rates; Commodity financialization

Macroeconomic Effects of Market Structure Distortions,
Flavien Moreau and Ludovic Panon, from Society for Economic Dynamics (2019)

Pigouvian Cycles,
Renato Faccini and Leonardo Melosi, from Society for Economic Dynamics (2019)

Can more public information raise uncertainty? The international evidence on forward guidance,
Gaetano Gaballo, Michael Ehrmann, Peter Hoffmann and Georg Strasser, from C.E.P.R. Discussion Papers (2019)
Keywords: Central bank communication; Heterogeneous beliefs; Forward guidance; Disagreement; Macroeconomic news

The FOMC Risk Shift,
Maik Schmeling, Andreas Schrimpf and Tim Kroencke, from C.E.P.R. Discussion Papers (2019)
Keywords: Monetary policy surprises; Equity premium; Fund flows; Portfolio rebalancing; Price pressure

The One-Child Policy and Chinese Saving Behavior,
Zhongchen Song, Tom Coupé and W. Reed, from University of Canterbury, Department of Economics and Finance (2019)
Keywords: China, One-Child Policy, Saving rate, Demographics, Blinder-Oaxaca decomposition

Inflation Target and Anchor of Inflation Forecasts in Japan,
Shin-ichi Fukuda and Naoto Soma, from CIRJE, Faculty of Economics, University of Tokyo (2019)

The Transformation and Performance of Emerging Market Economies Across the Great Divide of the Global Financial Crisis,
Michael Bordo and Pierre Siklos, from National Bureau of Economic Research, Inc (2019)

Preferred Habitat, Policy, and the CIP Puzzle,
Paul Wohlfarth, from Birkbeck Centre for Applied Macroeconomics (2019)
Keywords: Macro Finance, International Monetary Economics, Preferred Habitat, Foreign Exchange Markets, International Finance

Beyond the LTV ratio: new macroprudential lessons from Spain,
Jorge Galan and Matías Lamas, from Banco de España (2019)
Keywords: housing market, lending standards, defaults, macroprudential policy

Assessment of the tax and transfer changes in Hungary between 2010 and 2017 using a microsimulation model,
Mihály Szoboszlai, Zoltán Bögöthy, Palma Filep-Mosberger and Dávid Berta, from Magyar Nemzeti Bank (Central Bank of Hungary) (2018)
Keywords: behavioural microsimulation, micro macro model, taxation, transfers, tax reform

Credit-to-GDP gap calculation using multivariate HP filter,
Levente Kocsis and Miklos Sallay, from Magyar Nemzeti Bank (Central Bank of Hungary) (2018)
Keywords: excessive credit growth, financial stability, credit-to-GDP gap, multivariate HP filter, countercyclical capital buffer.

Fiscal Policy and the Nominal Term Premium,
Roman Horvath, Lorant Kaszab and Aleš Maršál, from Magyar Nemzeti Bank (Central Bank of Hungary) (2019)
Keywords: zero-coupon bond, nominal term premium, balanced budget rule, government debt, income taxation

Determinants of Fiscal Multipliers Revisited,
Roman Horvath, Lorant Kaszab, Aleš Maršál and Katrin Rabitsch, from Magyar Nemzeti Bank (Central Bank of Hungary) (2019)
Keywords: Fiscal multipliers, strategic complementarity, Phillips curve, zero lower bound, New Keynesian model

The Role of Economic Policy Uncertainty in Predicting Output Growth in Emerging Markets: A Mixed-Frequency Granger Causality Approach,
Mehmet Balcilar, George Ike and Rangan Gupta, from University of Pretoria, Department of Economics (2019)
Keywords: Economic policy uncertainty, mixed frequency, Granger causality, temporal aggregation, emerging market economies.

Supervisory Governance, Capture and Non-Performing Loans,
Nicolò Fraccaroli, from Tor Vergata University, CEIS (2019)
Keywords: banking supervision, supervisory capture, NPLs

Monetary policy in a model with commodity and financial market,
Ruthira Naraidoo and Vo Phuong Mai Le, from Economic Research Southern Africa (2019)
Keywords: business analysis, Commodity prices, Emerging economies, emerging markets, Firms and Development, Monetary Policy, South Africa

The monetary policy of the South African Reserve Bank: stance, communication and credibility,
Alberto Coco and Nicola Viegi, from Economic Research Southern Africa (2019)
Keywords: central bank, Inflation targeting, South Africa

Productivity estimates for South Africa from CES production functions,
Daan Steenkamp, from Economic Research Southern Africa (2019)
Keywords: Other Macroeconomic Variables, productivity

A New Keynesian DSGE model for low income economies with foreign exchange constraints,
Bertha Bangara, from Economic Research Southern Africa (2019)
Keywords: Africa, central bank, DSGE, Emerging economies, Monetary Policy, shocks

The Cost of Holding Foreign Exchange Reserves,
Eduardo Levy Yeyati, from Center for International Development at Harvard University (2019)
Keywords: international reserves, exchange rate policy, capital flows, financial crisis

What Works for Active Labor Market Policies?,
Eduardo Levy Yeyati, from Center for International Development at Harvard University (2019)
Keywords: vocational training, labor policies, wage subsidies, randomized controlled trials

Global Dimensions of US Monetary Policy,
Maurice Obstfeld, from Peterson Institute for International Economics (2019)
Keywords: Monetary policy, natural rate of interest, Phillips curve, current account, capital flows, policy spillbacks

Shadow Banking and the Great Recession,
Patrick Fève, from Society for Economic Dynamics (2019)

Hyperinflation in Venezuela: A Stabilization Handbook,
Gonzalo Huertas, from Peterson Institute for International Economics (2019)

Taylor rule implementation of the Optimal policy at the zero lower bound: Does the cost channel matter?,
Siddhartha Chattopadhyay and Taniya Ghosh, from Indira Gandhi Institute of Development Research, Mumbai, India (2019)
Keywords: New-Keynesian Model, Cost Channel, ZLB

Inflation convergence and anchoring of expectations in India,
Ashima Goyal and Prashant Parab, from Indira Gandhi Institute of Development Research, Mumbai, India (2019)
Keywords: Inflation expectations, targeting, convergence, anchoring, transmission channel

Modeling Consumers' confidence and Inflation expectations,
Ashima Goyal and Prashant Parab, from Indira Gandhi Institute of Development Research, Mumbai, India (2019)
Keywords: Consumer Confidence Survey, Inflation expectations, Socio-economic variables, Ordered Logit, Central Bank Communications

Correlated shocks, hysteresis, and the sacrifice ratio: Evidence from India,
Ashima Goyal and Gagan Goel, from Indira Gandhi Institute of Development Research, Mumbai, India (2019)
Keywords: Sacrifice ratio, Phillips curve slope, correlated demand and supply shocks, hysteresis

Policy transmission in Indian money markets: The role of liquidity,
Ashima Goyal and Deepak Kumar Agarwal, from Indira Gandhi Institute of Development Research, Mumbai, India (2019)
Keywords: Money markets, transmission, Repo Rate, liquidity

Aggregate demand management, policy errors and optimal monetary policy in India,
Barendra Kumar Bhoi, Abhishek Kumar and Prashant Mehul Parab, from Indira Gandhi Institute of Development Research, Mumbai, India
Keywords: Optimal Monetary Policy, Flexible Inflation Targeting, Taylor Rule, Growth Slowdown

The Interaction Between ConventionalMonetary Policy and Financial Stability: Chile, Colombia, Japan, Portugal and the UK,
Zoe Venter, from ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2019)
Keywords: Monetary Policy, Financial Stability, Structural Vector Autoregressive Model

Fiscal episodes in the EMU: Elasticities and non-keynesian effects,
Antonio Afonso and Frederico Leal, from ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa (2019)
Keywords: Non-Keynesian Effects, Fiscal Episodes, Fiscal policy, Fiscal Elasticities, EMU

Self-employed income in the OECD countries: some consequencies for functional income distribution,
Enrico D'Elia and Stefania Gabriele, from Department of the Treasury, Ministry of the Economy and of Finance (2019)
Keywords: Functional distribution, labour income, self-employed workers, ULC, mark-up

The US-China “Trade War”: The War Nobody Can Win,
Bahri Yilmaz, from Koc University-TUSIAD Economic Research Forum (2019)
Keywords: China, USA, Trade War, Mercantilism, Exchange Change Regime.

Fiscal policy and adjustment in a foreign exchange constrained economy: Evidence from Malawi,
Amos Peters and Bertha Bangara, from Economic Research Southern Africa (2019)
Keywords: Africa, central bank, DSGE, fiscal policy