Results 171 to 180 of about 67,121 (286)
Financial Fragility and the Fiscal Multiplier
Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK +1 more
wiley +1 more source
Biopolitics and the Ethical Dilemmas of Biotechnology: Lessons From the Pandemic. [PDF]
Economidis I.
europepmc +1 more source
Production and business processes [PDF]
The Hungarian Technology Foresight Programme, Ministry of Education of the Republic of Hungary
core
Interest Rate Pegs and the Reversal Puzzle: On the Role of Anticipation
Abstract We revisit the reversal puzzle: a counterintuitive contraction of inflation in response to an interest rate peg. We show that its occurrence is intimately related to the degree of agents' anticipation. If agents perfectly anticipate the peg, reversals occur depending on the duration of the peg.
RAFAEL GERKE +2 more
wiley +1 more source
Measuring digital transformation in high-end equipment manufacturing: an I-P-O model-based approach. [PDF]
Chen Y, Huang J, Li Y.
europepmc +1 more source
Liquidity Crises and the Market‐Maker of Last Resort
Abstract We study market illiquidity in an economy subject to nonfundamental shocks. Asset trading occurs via decentralized bargaining. The model has multiple rational expectations equilibria; we associate certain Pareto‐inferior equilibria with liquidity crises.
CHARLES M. KAHN +2 more
wiley +1 more source
Responsible innovation in nanotechnology: response to grand societal challenges. [PDF]
Dabare S, Rajapaksha S, Munaweera I.
europepmc +1 more source
Innovation signals: leveraging machine learning to separate noise from news. [PDF]
Mühlroth C, Kölbl L, Grottke M.
europepmc +1 more source
Macroprudential Policy in the Euro Area
Abstract This paper examines the development and impact of macroprudential policies in the euro area. We construct a novel index that captures the stance of macroprudential policy, and we highlight its main stylized facts since the inception of the euro in 1999. We combine a narrative approach and a structural VAR method to show that both unanticipated
ÁLVARO FERNÁNDEZ‐GALLARDO +1 more
wiley +1 more source
Corporate litigation experience and innovation quality. [PDF]
Deng S, Xiao Y.
europepmc +1 more source

