Results 51 to 60 of about 4,260 (185)

Financial Factors in Economic Fluctuations

open access: yesSocial Science Research Network, 2010
We augment a standard monetary DSGE model to include a banking sector and financial markets. We fit the model to Euro Area and US data. We find that agency problems in financial contracts, liquidity constraints facing banks and shocks that alter the ...
Lawrence J. Christiano   +2 more
semanticscholar   +1 more source

Central bank communication in unconventional times: Some evidence from a textual analysis of the National Bank of Poland communication during the COVID-crisis

open access: yesEconomics and Business Review
The article analyses the communication of the National Bank of Poland (NBP) one year after the announcement of the crisis response package adopted after the outbreak of the COVID pandemic.
Voloshchenko-Holda Lada   +1 more
doaj   +1 more source

Bitcoin as a New Currency

open access: yesFolia Oeconomica Stetinensia, 2020
Research background: Bitcoin is the most popular financial instrument within the new cryptocurrencies class, which emerged in the wake of the financial crisis of 2007/2008.
Brzeszczyński Janusz   +2 more
doaj   +1 more source

The Effects of Macroprudential Policies on the Performance of Conventional Banks in Indonesia

open access: yesECONOMICS
A resilient banking system in Indonesia is essential to withstand economic fluctuations that have significantly impacted Indonesia, especially during financial crises.
Adenan Moh.   +3 more
doaj   +1 more source

Astroviruses in bats, Madagascar

open access: yesEmerging Microbes and Infections, 2017
Emerging Microbes & Infections (2017) 6, e58; doi:10.1038/emi.2017.47; published online 21 June ...
Camille Lebarbenchon   +10 more
doaj   +1 more source

Spillover effects of unconventional monetary policy on capital markets in the shadow of the Eurozone: A sample of non-Eurozone countries

open access: yesReview of Economic Perspectives, 2020
The transmission mechanism has been dominated by direct monetary measures since the crisis of 2008. While the indirect impacts of the unconventional monetary instruments have not been fully explored yet.
Mészáros Mercédesz   +1 more
doaj   +1 more source

Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation

open access: yes, 2013
We evaluate explanations for the absence of disinflation during the Great Recession and find popular explanations to be insufficient. We propose a new explanation for this puzzle within the context of a standard Phillips curve.
Olivier Coibion, Y. Gorodnichenko
semanticscholar   +1 more source

Newly Discovered Gold Does Not Distort the Economy; It Is Not A Market Failure

open access: yesReview of Economic Perspectives, 2020
We wish to “quibble” with Murphy (2019). We mean this literally. That is, we are in strong and enthusiastic agreement with virtually everything he writes therein, except for one point: we think him guilty of allowing the cloven hoof of market failure ...
Block Walter E., Barnett William
doaj   +1 more source

Is Central Banks’ Effectiveness Related to their Transparency? A Case of European Economies

open access: yesFolia Oeconomica Stetinensia, 2018
This article presents a novel transparency measure and examines forward-looking transparency of six European central banks. It aims at evaluating whether the higher degree of transparency is related to better economic stabilization expressed in terms of ...
Szyszko Magdalena, Próchniak Mariusz
doaj   +1 more source

The Optimal Quantity of CBDC in a Bank-Based Economy

open access: yesSocial Science Research Network
We show that the estimated effect of digital euro news on bank stock valuations and lending depends on the bank’s deposit reliance and the central bank digital currency (CBDC) design features.
Lorenzo Burlon   +3 more
semanticscholar   +1 more source

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