Results 41 to 50 of about 1,985,541 (297)
UNBUNDLING FINANCIAL IMPERFECTIONS: LENDING FRICTIONS VS. TRADING FRICTIONS [PDF]
, 2017 Two essential imperfections determine the degree of the financial sector development in an economy: lending frictions, which constrain the ability to extend loans to borrowers; and, trading frictions, which constrain the trading of these loans in ...
Burak R. Uras
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Financial Shocks and Labour Market Fluctuations with Financial Frictions [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2014 The financial crisis of 2007 showed that the impact of financial markets on macroeconomic developments is deep. The labor market was affected by financial variables.
Asadollah Farzin Vash +2 more
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Financial wealth and early income mobility
Humanities & Social Sciences Communications, 2022 We study the interaction between financial wealth and early income growth. Using banking data on career starters in Belgium, we find higher income growth for individuals with higher financial wealth as early as 3 years into a career.
Milan van den Heuvel +3 more
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An Estimated Open-Economy DSGE Model for The Evaluation of Central Bank Policy Mix
Buletin Ekonomi Moneter dan Perbankan, 2023 This paper builds and estimates a small open-economy Dynamic Stochastic General Equilibrium (DSGE) model suitable for the evaluation of central bank policy mix, with a particular application on the Indonesian economy. The model has a rich array of shocks
Solikin M. Juhro +2 more
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Financial Frictions, Financial Shocks, and Aggregate Volatility [PDF]
SSRN Electronic Journal, 2012 AbstractThe Great Moderation was accompanied by an increase in financial volatility. We explore the sources of these divergent patterns in volatilities by estimating a model with time‐varying financial rigidities subject to structural breaks in the size of shocks, the monetary policy rule coefficients, and the average size of the financial rigidity ...
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Financial Globalization, Financial Frictions and Optimal Monetary Policy [PDF]
Federal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Papers, 2010 How should monetary policy be optimally designed in an environment with high degrees of financial globalization? To answer this question we lay down an open economy model where net lending toward the rest of the world is constrained by a collateral constraint motivated by limited enforcement.
Ester Faia, Eleni Iliopulos
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FIRM SURVIVAL, UNCERTAINTY, AND FINANCIAL FRICTIONS: IS THERE A FINANCIAL UNCERTAINTY ACCELERATOR? [PDF]
Economic Inquiry, 2015 Using a large panel of unquoted UK firms over the period 2000–2009, we examine the impact of firm‐specific uncertainty on corporate failures. In this context we also distinguish between firms which are likely to be more or less dependent on bank finance as well as public and nonpublic companies.
Byrne, Joseph P. +2 more
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Humanities & Social Sciences CommunicationsThis study investigates the role of financial frictions on firm value within the framework of earnings management, including the impact of productivity growth.
Saifullah Khan, Adnan Shoaib
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MathematicsRecent developments in dynamic portfolio optimization have focused on the role played by portfolio frictions. Portfolio frictions make the portfolio’s response to financial shocks weaker and more gradual than in a model without frictions.
Simon Tièche, Didier Cossin
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Life cycle, financial frictions and informal labor markets: the case of Chile
Journal of Applied Economics, 2022 We study the implications of economic policies on household’s decisions. We focus on Chile in 2019. Using a life-cycle search model and survey data, we found that an equivalent change in labor tax rates and non-contributory pensions (NCP) have opposite ...
Damian Pierri, Enrique Kawamura
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