Results 171 to 180 of about 1,236 (256)

Interest Rate Pegs and the Reversal Puzzle: On the Role of Anticipation

open access: yesJournal of Money, Credit and Banking, EarlyView.
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

Liquidity Crises and the Market‐Maker of Last Resort

open access: yesJournal of Money, Credit and Banking, EarlyView.
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

Macroprudential Policy in the Euro Area

open access: yesJournal of Money, Credit and Banking, EarlyView.
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

The Futures of Digital Democracy: Four Scenarios. [PDF]

open access: yesOpen Res Eur
Fuchs C, Museba J, Friesch K.
europepmc   +1 more source

Local Elites in Chile's Pisco Valley: Dispossession, Legal Mobilisation and Intertwined Citizenship

open access: yesJournal of Agrarian Change, EarlyView.
ABSTRACT In countries in the Global South, citizenship is often closely tied to access to water and land ownership. In Latin America, the literature has primarily explored social mobilisation and identity reconfiguration in response to development‐driven processes of land and water dispossession affecting peasants, rural and Indigenous communities ...
Chloé Nicolas‐Artero
wiley   +1 more source

Beyond the Bedside: The Pivotal Role of Nursing Clinical Leadership in Developing Virtual Ward Care Through Telemedicine—A Review of the Evidence

open access: yesJournal of Clinical Nursing, EarlyView.
ABSTRACT Aim To synthesise international evidence on virtual wards (VWs) models and examine the pivotal role of clinical nursing leadership in the development, governance, and delivery of digitally enabled acute care. Background Virtual wards deliver hospital‐level care in patients' homes through telemedicine including remote monitoring, supporting ...
Clare Lewis   +2 more
wiley   +1 more source

The Biodiversity‐Finance Nexus: A Systematic Review of Nature‐Related Risks in Financial Institutions

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT Nature and biodiversity loss have recently gained prominence as a critical dimension of environmental risk for the financial sector. Unlike climate change, integrating biodiversity considerations into financial decision‐making is far more intricate and methodologically heterogeneous.
Carlo Confalonieri   +3 more
wiley   +1 more source

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