Results 181 to 190 of about 228,870 (312)

Exchange Rate Regimes and Macroeconomic Stability in Central and Eastern Europe [PDF]

open access: yes
The IMF classifications of the Central and Eastern European exchange rate arrangements are heterogeneous. While one group of countries reports tight pegs to the euro, a second group seems to have moved toward (more) exchange rate flexibility.
Gunther Schnabl, Paul De Grauwe
core  

Financial Fragility and the Fiscal Multiplier

open access: yesJournal 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   +1 more
wiley   +1 more source

Real Effects of Exchange Rate Depreciation: The Roles of Bank Loan Supply and Interbank Markets

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract Using matched bank–firm‐level data and estimating difference‐in‐differences regressions around the 2014 depreciation of the euro, we show that exchange rate depreciations can lead to higher loan supply by raising banks' net worth. We focus on a new channel, interbank lending from large banks with high net dollar exposure to small banks without
THORSTEN BECK   +3 more
wiley   +1 more source

Legitimising the Food Regime in Post‐Socialist Croatia: A Critical Discourse Analysis of Croatia's Agricultural Strategies, 1991 to 2013

open access: yesJournal of Agrarian Change, EarlyView.
ABSTRACT What role has the state played in the establishment of the current food regime in a post‐socialist setting? Focusing on Croatia, I undertake a critical discourse analysis of the national agricultural strategies enacted during the neoliberal transition between 1991 and 2013.
Alexander Gavranich
wiley   +1 more source

The Political Economy of Attention: Media Salience, Voter Cognition, and Electoral Accountability

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT We review conceptual and empirical contributions to the political economy of attention, with a focus on how attention allocation shapes political behavior and electoral accountability. The review distinguishes between endogenous (goal‐directed) and exogenous (stimulus‐driven) attention and examines how these concepts are incorporated into ...
Patrick Balles   +2 more
wiley   +1 more source

Going Public and the Internal Organization of the Firm

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT This paper examines how initial public offerings (IPOs) affect firms' internal organization. We find that IPO firms become more hierarchical and standardized organizations, characterized by additional layers, more managers, smaller control spans, and larger administrative functions. These changes occur mostly in preparation for the IPO and can
DANIEL BIAS   +3 more
wiley   +1 more source

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