Liquidity Trap Prevention and Escape: A Simple Proposition [PDF]
Liquidity traps occur when the natural nominal interest rate becomes negative. In a model with capital price dynamics explicitly considered, we find that shocks in the future can cause current and lasting liquidity traps. We propose that the central bank
Junning Cai
core
The bank lending channel of monetary policy: identification and estimation using Portuguese micro bank data [PDF]
This paper investigates the existence of the bank-lending channel in the transmission of monetary policy using Portuguese micro bank data. In contrast to the conventional approach, which addresses the identification issue by resorting to reduced form ...
Farinha, Luísa, Robalo Marques, Carlos
core
Wealth effects in emerging market economies [PDF]
We build a panel of 14 emerging economies to estimate the magnitude of housing, stock market, and money wealth effects on consumption. Using modern panel data econometric techniques and quarterly data for the period 1990:1-2008:2, we show that: (i ...
Peltonen, Tuomas A.+2 more
core
En este artículo se reporta el impacto de sorpresas económicas y anuncios de política monetaria no convencional en los factores de la estructura de tasas nominales en Brasil, Chile y México.
Luis Ceballos Sanhueza
doaj
Associations of diabetes mellitus with primary open angle glaucoma and Alzheimer's disease: a large cohort study in UK biobank. [PDF]
Shi Y+6 more
europepmc +1 more source
Overlooked Ionic Contribution of a Chiral Dopant in Cholesteric Liquid Crystals. [PDF]
Shaban H, Wu PC, Jia YF, Lee W.
europepmc +1 more source
Weekly injectable insulin icodec for adults with diabetes. [PDF]
Shin S, Yu C.
europepmc +1 more source
Visual Neuroplasticity: Modulating Cortical Excitability with Flickering Light Stimulation. [PDF]
Ávila FJ.
europepmc +1 more source
A novel loop-head guidewire-assisted endoscopic retrograde appendicitis therapy for fecalith obstruction. [PDF]
Guo M+6 more
europepmc +1 more source
We're all in this together: a rejoinder to Masud Husain's (rant) editorial. [PDF]
Sager F+5 more
europepmc +1 more source