Results 61 to 70 of about 24,541 (210)
Downward nominal wage rigidity and the long-run Philips Curve: simulation-based evidence for the euro area [PDF]
JEL Classification: E31, E52, E58, E61Downward nominal wage rigidity, euro area, long-run Phillips curve, price ...
Coenen, Günter
core
Finance research over 40 years: What can we learn from machine learning?
Abstract We apply machine learning models to a universe of 20,185 finance articles published between 1976 and 2015 on 17 finance journals, and objectively identify 38 research topics. The financial crisis, hedge/mutual fund, social network, and culture were the fastest growing topics, while market microstructure, initial public offering, and option ...
Po‐Yu Liu, Zigan Wang
wiley +1 more source
CBDC and Trust in A Central Bank: Transitivity Of Preferences Vs. The Privacy Paradox
The privacy and anonymity of transactions are considered some of the biggest challenges when designing Central Bank Digital Currencies (CBDC). While many surveys show that people strongly prefer privacy in their transactions, behavioral theories suggest ...
Koziuk Viktor +3 more
doaj +1 more source
Abstract The Agulhas Current is a globally important western boundary current that influences numerous processes (e.g., upwelling, biogeochemical fluxes and distribution of marine taxa) in the southwestern Indian Ocean. The oceanographic processes of the Agulhas Current are well understood, but precisely how they influence coastal ecosystem ...
Ross‐Lynne A. Gibb +5 more
wiley +1 more source
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
Monetary policy and financial stability in emerging market economies
During the 1990s and early 2000s, the consensus was that central banks had to adjust interest rates only in response to inflation and (possibly) output. Such consensus was questioned in the aftermath of the Global Financial Crisis, as well as during the ...
Martin Tobal, Lorenzo Menna
doaj +1 more source
On geometry effects in Rayleigh-Benard convection [PDF]
Various recent experiments hint at a geometry dependence of scaling relations in Rayleigh-B\'enard convection. Aspect ratio and shape dependences have been found. In this paper a mechanism is offered which can account for such dependences. It is based on
Grossmann, Siegfried, Lohse, Detlef
core +3 more sources
Time‐consistent implementation in macroeconomic games
The commitment ability of governments is neither infinite nor zero but intermediate. In this paper, we determine the commitment ability that a government needs to implement a unique equilibrium outcome and rule out self‐fulfilling expectations. We show that, in a large class of static macroeconomic games, the government can obtain a unique equilibrium ...
Jean Barthélemy, Eric Mengus
wiley +1 more source
The optimal mix of taxes on money, consumption and income [PDF]
In this paper we determine the optimal combination of taxes on money, consumption and income in transaction technology models. We show that the optimal policy does not tax money, regardless of whether the government can use the income tax, the ...
De Fiore, Fiorella, Teles, Pedro
core
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
doaj +1 more source

