Results 1 to 10 of about 94,393 (14)

Environmental Policies and Innovation in Renewable Energy

open access: yesIMF Working Papers, 2023
This paper investigates the effect of Climate Change Policies (CCPs) on green innovation, for a sample of 40 advanced and emerging market economies and 5 economic sectors, during the period 2000-2021. Our results suggest that CCPs increase green patents,
Luca Bettarelli
semanticscholar   +1 more source

Free banking, the real-balance effect, and Walras’ Law

open access: yesREVISTA PROCESOS DE MERCADO, 2021
The author of this article draws special attention to two particular claims of the free bankers concerning the supposed working characteristics of a fractional-reserve free banking system which may strike the reader as questionable.
L. Hauwe
semanticscholar   +1 more source

What Drives US Current Account Fluctuations?

open access: yesSocial Science Research Network, 2008
We use a structural VAR with sign restrictions to jointly identify the impact of monetary policy, private absorption, technology and oil price shocks on current account fluctuations in the U.S..
A. Barnett, Roland Straub
semanticscholar   +2 more sources

Core Inflation: A Review of Some Conceptual Issues

open access: yesSocial Science Research Network, 2008
This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the ECB should pay special attention to one or other of these measures in assessing inflation ...
Mark A. Wynne
semanticscholar   +1 more source

Trade Effects of the Euro: Evidence from Sectoral Data

open access: yesSocial Science Research Network, 2005
This paper contributes to the literature on the impact of EMU on trade, adding two new elements. First, we propose a theoretical model for explaining how the euro could have increased trade by the large amounts found in the empirical literature.
Richard E. Baldwin   +4 more
semanticscholar   +1 more source

Computing Second-Order-Accurate Solutions for Rational Expectation Models Using Linear Solution Methods

open access: yesSocial Science Research Network, 2007
This paper shows how to compute a second-order accurate solution of a non-linear rational expectation model using algorithms developed for the solution of linear rational expectation models.
G. Lombardo   +2 more
semanticscholar   +1 more source

On Approximating DSGE Models by Series Expansions

open access: yesSocial Science Research Network, 2010
We show how to use a simple perturbation method to solve non-linear rational expectation models. Drawing from the applied mathematics literature we propose a method consisting of series expansions of the non-linear system around a known solution.
G. Lombardo
semanticscholar   +1 more source

Assessing Macroeconomic Forecast Uncertainty: An Application to the Risk of Deflation in Germany

open access: yesCredit and Capital Markets - Kredit und Kapital, 2005
This paper proposes an approach for estimating the uncertainty associated with model-based macroeconomic forecasts. We argue that estimated forecast intervals should account for the uncertainty arising from selecting the specification of an empirical ...
Borbély, Dora, Meier, Carsten-Patrick
semanticscholar   +1 more source
Some of the next articles are maybe not open access.

The Euro's Trade Effects

Social Science Research Network, 2006
This paper reviews reassesses the methodology and principal findings of the “Rose effect”, i.e. the trade effects of currency union, looking at both EMU and non-EMU currency unions.
Richard E. Baldwin   +2 more
semanticscholar   +2 more sources

Why were interest-only mortgages so popular during the U.S. housing boom?

Review of economic dynamics (Print), 2020
Borrowers in U.S. cities where house prices boomed in the 2000s relied heavily on backloaded interest-only (IO) mortgages that require borrowers to only pay interest for the first few years of the loan.
Gadi Barlevy, Jonas D. M. Fisher
semanticscholar   +1 more source

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