Results 131 to 140 of about 28,840 (265)

The Role of Remittances and FDI for the Current Account: The Case of Cambodia

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper develops a small open economy real‐business‐cycle model to examine the dynamics of Cambodian current account. Differing from previous studies, our model incorporates both net foreign direct investment (FDI) and remittances as additional sources of macro‐economic fluctuations. Our results reveal that these two factors, especially FDI,
VEASNA KHENG, LEI PAN, XIAODONG FAN
wiley   +1 more source

Hospitals as debtor prisons

open access: yesThe Lancet Global Health, 2015
Michael Otremba   +2 more
openaire   +3 more sources

Banking with Inside Money: An Efficiency Analysis

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We show that banks do not decentralize the first best in a nominal Diamond–Dybvig economy with inside money. Furthermore, state‐contingent deposit contracts do not expand the consumption possibility set to include the first best either. Central banks can improve welfare but only for savers and only with unconventional monetary policy. Finally,
DAVID RIVERO   +1 more
wiley   +1 more source

Price Setting before and during the Pandemic: Evidence from Swiss Consumer Prices

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract Using microdata underlying the Swiss consumer price index from 2008 to 2025, we document new features of price rigidity and assess their implications for inflation dynamics. The frequency of price changes increased in the decade before the pandemic, driven by items shifting to online price collection, as confirmed by causal identification from
BARBARA RUDOLF, PASCAL SEILER
wiley   +1 more source

Fisher Dynamics, Monetary Policy, and Household Indebtedness

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract Growth in household debt‐to‐income ratios reflects nominal debt changes or “Fisher dynamics” due to interest income and expenses, real income growth, and inflation. Using two decades of microdata on all Norwegian households, we decompose these channels' roles in how debt‐to‐income evolves over time and in response to monetary policy shocks. On
ANDREAS FAGERENG   +3 more
wiley   +1 more source

Odious Debt. [PDF]

open access: yesLiverp Law Rev, 2023
Basaran HR.
europepmc   +1 more source

Longevity, Health, and Housing Risk Management in Retirement

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT Annuities, long‐term care insurance, and reverse mortgages remain puzzlingly unpopular to manage post‐retirement longevity, health, and housing price risks. We use a flexible life‐cycle model structurally estimated with a unique stated‐preference survey experiment of Canadian households to understand why. Key factors include high risk aversion,
PIERRE‐CARL MICHAUD, PASCAL ST‐AMOUR
wiley   +1 more source

Duplicitous Remembrance: Confessing Self‐Deception with Augustine

open access: yesModern Theology, EarlyView.
Abstract While self‐deception has long been a topic of interest in psychology and analytic philosophy—and increasingly in the academic study of theology and religion—direct engagement with Augustine on self‐deception remains underexplored in contemporary scholarship.
Abraham S‐C Wu
wiley   +1 more source

Mercy: A Right and a Privilege

open access: yesNoûs, EarlyView.
ABSTRACT Many accounts of mercy nowadays are morally neutral; agents show mercy when they impose less harm than they might have, whether or not such harm would have been permissible. More morally infused perspectives are often dismissed; for they seem too narrow to capture the full gamut of ordinary usage.
Jessica Isserow
wiley   +1 more source

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