Results 121 to 130 of about 8,617 (247)

Central Bank Purchases and Corporate Bond Issuance during the Pandemic: The Case of Japan

Journal of Financial Research, EarlyView.
Abstract In its massive purchases of corporate bonds during the COVID‐19 pandemic, the Bank of Japan set the maximum eligible remaining maturity at 5 years. I document that during the postpandemic period, Japanese firms increased bond issuance, with the increase concentrated in (1) issuance of bonds with eligible maturities (1–5 years) and (2 ...
Yusuke Tsujimoto
wiley   +1 more source

Photoelectron Spectroscopic Determination of the Interfacial Energetics of Metal Oxide Protection Layers on p‑InP Photocathodes. [PDF]

J Phys Chem C Nanomater Interfaces
Covelli D, Ye AZ, Evans JM, Schaller TA, Shen XE, Bean PJL, Lewis NS.   +6 more
europepmc   +1 more source

The Effects of Regulatory Office Closures on Bank Behavior

Journal of Money, Credit and Banking, EarlyView.
Abstract We investigate if the decentralized structure of regulatory office networks influences supervisory outcomes and bank behavior. Following the closure of an office, banks previously supervised by that office increase their lending and risk‐taking.
IVAN LIM, JENS HAGENDORFF, SETH ARMITAGE
wiley   +1 more source

Hampered Monetary Policy Transmission ‐ A Supply‐Side Story?

Journal of Money, Credit and Banking, EarlyView.
Abstract This paper shows that the supply side of credit is a major factor for hampered monetary policy transmission in monopolistic banking markets. Our stress test data containing projected interest rates of all 1,555 small and medium‐sized banks in Germany under two hypothetical scenarios provide a clear way to partial out demand shocks that are ...
LOTTA HECKMANN‐DRAISBACH, JULIA HARDT
wiley   +1 more source

Has the Euro Paid Off? A Study of the Trade‐Induced Welfare Effects of the EMU

Journal of Money, Credit and Banking, EarlyView.
Abstract This paper aims to provide policy‐relevant insights into the effect of the euro on trade. It uses a new data set of bilateral international and intranational manufacturing trade flows for 69 countries over the period 1986−2016. A general equilibrium gravity model is estimated to quantify the welfare effect of the euro and its impact on ...
Silviano Esteve‐Pérez, Salvador Gil‐Pareja, Rafael Llorca‐Vivero, Jordi Paniagua   +3 more
wiley   +1 more source

FAAH and MAGL inhibition: Evolving approaches to treating substance use disorders. [PDF]

Neurotherapeutics
Maddox CJ, Lee FS, Rajadhyaksha AM, Martínez-Rivera A.   +3 more
europepmc   +1 more source

Financial Fragility and the Fiscal Multiplier

Journal of Money, Credit and Banking, EarlyView.
Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK, SWEDER VAN WIJNBERGEN   +1 more
wiley   +1 more source

Endocannabinoids Block Headache and Anxiety Comorbidity via Two-Pronged Anterior Insular Projections. [PDF]

Research (Wash D C)
Bian J, Zhang YH, Yin L, Li JF, Zhang X, Xu XF.   +5 more
europepmc   +1 more source

Heterogeneity in Imperfect Inflation Expectations: Theory and Evidence from a Novel Survey

Journal of Money, Credit and Banking, EarlyView.
Abstract Using survey data from Germany, we study heterogeneity in how households form inflation expectations. We elicit (i) uncertainty in perceptions of current inflation and (ii) how persistent households perceive inflation to be. Combining these with standard survey questions on inflation, we infer laws of motion for expectations at the individual ...
ALISTAIR MACAULAY, JAMES MOBERLY
wiley   +1 more source

Engineered Clostridium butyricum: a promising application of synthetic biology in comprehensive health. [PDF]

Microb Cell Fact
Li K, Kong Y, Chen T.
europepmc   +1 more source