Results 141 to 150 of about 519 (185)

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

Mixing It Up: Inflation at Risk

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract Understanding how risk factors shape the economic outlook is essential for guiding policy decisions. This paper develops a flexible framework that decomposes distributional risk forecasts of macro‐economic variables into underlying contributions and supports the construction of interpretable risk measures.
MAXIMILIAN SCHRÖDER
wiley   +1 more source

Another Look at the (Ir)Relevance of Long‐Run Risks for Equity Risk Premia

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract I investigate the empirical asset pricing implications of a three‐factor macro model that extends the baseline consumption model Consumption Capital Asset Pricing Model (CCAPM) by adding the innovations in expected long‐run consumption growth (consumption growth news) and expected long‐run consumption variance (variance news) as risk factors ...
PAULO MAIO
wiley   +1 more source

LandScan mosaic enables high-resolution gridded population estimates with explicit uncertainty. [PDF]

open access: yesSci Rep
Adams DS   +8 more
europepmc   +1 more source

Figures of an Agrarian Nation: Indonesia's Agricultural Census, 1963–2023

open access: yesJournal of Agrarian Change, EarlyView.
ABSTRACT Why have Indonesia's decennial agricultural censuses defined their key unit of analysis, the ‘agricultural household’, differently? How do changes to that category shape knowledge production among those who rely on census data? This paper compares definitions of the agricultural household across seven censuses with international ...
Colum Graham
wiley   +1 more source

Inflation in Theory and Practice: A Comprehensive Review of the Literature From the Great Inflation to the 2020s Surge

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT The post‐pandemic inflationary spike brought inflation back to the forefront of academic research. In the debate about the origin and nature of the 2020s inflation, economists have been divided into the following two main camps: the demand‐pull camp, which attributed inflation to excess demand and linked it to fiscal and monetary stimulus put ...
Vicente Ferreira
wiley   +1 more source

Leaders' Functional Specialization and Responses to Institutional Shifts during Crises: Evidence from the Pandemic

open access: yesJournal of Management Studies, EarlyView.
Abstract Prior studies on crisis management often highlight the adaptiveness of generalist leaders, whose diverse functional experiences allow for flexible and innovative responses. However, we propose that in situations where crises lead to abrupt shifts in dominant institutional pressures, leaders with specialized functional backgrounds potentially ...
Yidi Guo, Danqing Wang, Shuo Chen
wiley   +1 more source

The influence of negative interest rates on European life insurance companies

open access: yesJournal of Risk and Insurance, EarlyView.
Abstract Between 2016 and 2022, life insurers in several European countries experienced negative long‐term interest rates, which put pressure on their business models. The aim of this paper is to empirically investigate the impact of negative interest rates on the stock performance of life insurers.
Nicolaus Grochola
wiley   +1 more source

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