Results 81 to 90 of about 26,623 (244)
Newly Discovered Gold Does Not Distort the Economy; It Is Not A Market Failure
Review 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
The Optimal Quantity of CBDC in a Bank-Based Economy
Social Science Research NetworkWe 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
Limnology and Oceanography, Volume 69, Issue 11, Page 2760-2774, November 2024.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
CBDC, Trust in the Central Bank and the Privacy Paradox
ECONOMICSPrivacy/anonymity of digital transactions is an issue that potentially may affect demand for central bank digital currency. Does discussions about privacy paradox related to CBDC?
Koziuk Viktor +2 more
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Optimal Policy Intervention and the Social Value of Public Information [PDF]
, 2011 Svensson (2006) argues that Morris and Shin (2002) is, contrary to what is claimed, pro-transparency. This paper reexamines the issue but with an important modification to the original Morris and Shin framework.
Jonathan G. James, Phillip Lawler
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Time‐consistent implementation in macroeconomic games
Theoretical Economics, Volume 19, Issue 3, Page 1119-1150, July 2024.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
Modelling the Demand for Indonesia’s Foreign Reserves
ECONOMICSThe foreign reserves sufficiency is important to maintain macroeconomic stability. The main objective of this paper is to model the behaviour of the central bank in accumulating the foreign reserves in the case of Indonesia. Unlike the previous empirical
Kuncoro Haryo, Pardede Josua
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Folia 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
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Monetary policy and financial stability in emerging market economies
Latin American Journal of Central Banking, 2020 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
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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
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