Financial Fragility and the Fiscal Multiplier
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
From Spatial Patterns to Prognosis: Decoding Single-Cell Architecture in Cancer with Hyperplex Immunofluorescence Imaging. [PDF]
Azimi M.
europepmc +1 more source
Global Factors in Noncore Bank Funding and Exchange Rate Flexibility
Abstract We show that fluctuations in the ratio of noncore to core funding in the banking systems of advanced economies are largely driven by three global factors of both real and financial natures, with country‐specific factors playing only a minor role. Exchange rate flexibility helps insulate the noncore to core ratio from such global factors.
LUÍS A.V. CATÃO +2 more
wiley +1 more source
Side-viewing axicon-integrated miniature fiber probe for extended depth of focus and ultrahigh lateral resolution endoscopic imaging. [PDF]
Liu Y +7 more
europepmc +1 more source
Hybrid Framework for Cartilage Damage Detection from Vibroacoustic Signals Using Ensemble Empirical Mode Decomposition and CNNs. [PDF]
Machrowska A +5 more
europepmc +1 more source
Plating systems used in management of anterior mandibular fractures-A retrospective study. [PDF]
Kanta SK +5 more
europepmc +1 more source
Evidence for small-scale torsional Alfvén waves in the solar corona. [PDF]
Morton RJ +5 more
europepmc +1 more source
Mechanical Fault Diagnosis Method of Disconnector Based on Parallel Dual-Channel Model of Feature Fusion. [PDF]
Zhang C, Ma H, Hu T.
europepmc +1 more source
Forecasting China's shipping indices based on modal decomposition and optimized deep learning integrated model. [PDF]
Zou Y, Liu Y, Xiao G.
europepmc +1 more source

