Results 201 to 210 of about 223,571 (283)

Liquidity Crises and the Market‐Maker of Last Resort

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We study market illiquidity in an economy subject to nonfundamental shocks. Asset trading occurs via decentralized bargaining. The model has multiple rational expectations equilibria; we associate certain Pareto‐inferior equilibria with liquidity crises.
CHARLES M. KAHN   +2 more
wiley   +1 more source

Macroprudential Policy in the Euro Area

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper examines the development and impact of macroprudential policies in the euro area. We construct a novel index that captures the stance of macroprudential policy, and we highlight its main stylized facts since the inception of the euro in 1999. We combine a narrative approach and a structural VAR method to show that both unanticipated
ÁLVARO FERNÁNDEZ‐GALLARDO   +1 more
wiley   +1 more source

The Monetary Policy–Commodities Nexus: A Survey

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT This survey synthesizes evidence on the bidirectional links between commodity markets and monetary policy. On the commodities‐to‐policy side, we review how shocks to energy, food, and metals pass through to inflation, inflation expectations, economic activity, and financial stability in state‐dependent ways that vary by shock type, exposure ...
Martin T. Bohl   +2 more
wiley   +1 more source

Foresight

open access: yesAmerican Journal of Pharmaceutical Education, 1971
openaire   +1 more source

Carbon Pricing versus Green Finance

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT Green finance—including environmental, social, and governance investing and sustainable finance regulations—is widespread, but can it substitute for carbon pricing in fighting climate change? In a unified model, I show that (i) when carbon prices reflect the social cost of carbon, green finance should not be used; (ii) when carbon prices are ...
LASSE HEJE PEDERSEN
wiley   +1 more source

How Alternative Management Ideas Are Realized for the Public Good: Performative Fabrics of Humanistic Practices

open access: yesJournal of Management Studies, EarlyView.
Abstract Repurposing management for the public good involves realizing alternative ideas to serve societal interests. Humanistic management is centred on such ideas as human dignity and well‐being. Realization refers to the generation and maintenance of social realities corresponding to these ideas.
Oliver Laasch   +4 more
wiley   +1 more source

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