Cash is an extremely useful social contrivance. Kenneth Rogoff, who calls for phasing-out high denomination cash over time, recently discussed two possible drawbacks of high-denomination cash: the extensive use of high-denomination cash in crime and in ...
James J. McAndrews
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Development of a hydrocarbon-type of polymer which possesses the characteristics required for use as a binder for uncoated SPO First quarterly report, May 10 - Aug. 10, 1966 [PDF]
Synthesis of carboxyl terminated butadiene/ isoprene copolymer polymerized by anionic techniques and hydrogenated to minimum residual unsaturization for use as propellant ...
Brenn, C. R., Vriesen, C. W.
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Financial frictions and the monetary transmission mechanism: theory, evidence and policy implications [PDF]
This paper provides a brief survey of the role of financial frictions in the monetary transmission mechanism. After noting some of the key stylised facts that any model of the transmission mechanisms must be consistent with, we discuss both the classical
Bean, Charles+2 more
core
2023 ACVIM Forum Research Abstract Program
Journal of Veterinary Internal Medicine, Volume 38, Issue 1, Page 530-729, January/February 2024.
wiley +1 more source
Implications of monetary union for catching-up member states [PDF]
We examine the implications of monetary union for macroeconomic stabilisation in catching up participating countries. We allow member states’supply conditions to differ inside the union, especially with regard to sectoral characteristics.
Sánchez, Marcelo
core
Insurance policies for monetary policy in the Euro area [PDF]
In this paper, we examine the cost of insurance against model uncertainty for the Euro area considering four alternative reference models, all of which are used for policy-analysis at the ECB.We find that maximal insurance across this model range in ...
Küster, Keith, Wieland, Volker
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Erratum: Identifying areas of animal welfare concern in different production stages in Danish pig herds using the Danish Animal Welfare Index (DAWIN) - CORRIGENDUM. [PDF]
Michelsen AM+8 more
europepmc +1 more source
Why adopt transparency? The publication of central bank forecasts [PDF]
Recently, several central banks have abandoned the usual secrecy in monetary policy and become very transparent. This paper provides an explanation for this puzzling fact, focussing on the disclosure of central bank forecasts.
Geraats, Petra M.
core
Stochastic optimization and worst-case analysis in monetary policy design [PDF]
In this paper, we examine the cost of insurance against model uncertainty for the Euro area considering four alternative reference models, all of which are used for policy-analysis at the ECB.We find that maximal insurance across this model range in ...
Rustem, Berc+2 more
core
Classifying payment patterns with artificial neural networks: An autoencoder approach
Payments and market infrastructures are the backbone of modern financial systems and play a key role in the economy. One of their main goals is to manage systemic risk, especially in the case of systemically important payment systems (SIPS) serving ...
Jeniffer Rubio+4 more
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