Results 1 to 10 of about 106,955 (41)
Consistent flexibility: Enforcement of deficit rules through political incentives
We study the optimal design of a de cit rule in a model in which the government is present-biased, shocks to tax revenues make rule compliance stochastic, and a rule violation reduces the payo from holding o ce.
V. Dotti, E. Janeba
semanticscholar +1 more source
A Quantitative Analysis of the Countercyclical Capital Buffer
What are the quantitative macroeconomic effects of the countercyclical capital buffer (CCyB)? I study this question in a nonlinear DSGE model with occasional financial crises, which is calibrated and combined with US data to estimate sequences of ...
Miguel Faria-e-Castro
semanticscholar +1 more source
The ECB's Policy, the Recovery Fund and the Importance of Trust: The Case of Greece
This paper, using a microfounded macroeconomic model that embeds the key features of the Greek economy, studies the e¢ cacy of the various policy measures taken, at national and EU level, to cushion the economic e¤ects of the pandemic shock.
Vasiliki Dimakopoulou +2 more
semanticscholar +1 more source
New World Hantaviruses Activate IFNλ Production in Type I IFN-Deficient Vero E6 Cells
Background Hantaviruses indigenous to the New World are the etiologic agents of hantavirus cardiopulmonary syndrome (HCPS). These viruses induce a strong interferon-stimulated gene (ISG) response in human endothelial cells.
Joseph B. Prescott +7 more
semanticscholar +1 more source
Income Inequality in OECD Countries: Data and Explanations
There is much disagreement about both the facts and the explanations of income inequality. Even if we confine attention to OECD countries, we find people arguing that there has been a great U-turn, with inequality rising sharply after its post war fall ...
Anthony B. Atkinson
semanticscholar +1 more source
Structural Balances and Revenue Windfalls: The Role of Asset Prices Revisited
In this paper we revisit one of the “missing links” between budget balances and the economic cycle, namely the impact of asset prices on fiscal revenues.
R. Morris, Ludger Schuknecht
semanticscholar +1 more source
Safeguarding the Euro as a Currency Beyond the State
This paper reviews the debate on the longer-term requirements for safeguarding the euro as a currency beyond the state that is anchored through collective governance instead of a central government.
A. V. Riet
semanticscholar +1 more source
Optimal Asset Structure of a Bank - Bank Reactions to Stressful Market Conditions
The aim of the paper is to propose a model of banks' asset portfolios to account for the strategic and optimising behavior of banks under adverse economic conditions.
G. Halaj
semanticscholar +1 more source
Impact of Covid-19 on the Indian Economy
Issue: Sep-Oct 2020 Amidst the economic slowdown triggered by the outbreak of the COVID-19 pandemic in India there have been many demands for the government to announce a large fiscal stimulus to support the economy.
I. Patnaik, Rajeswari Sengupta
semanticscholar +1 more source
Public Debt and Long-Term Interest Rates: The Case of Germany, Italy and the USA
The debate on the sustainability of public finances is closely related to the analysis of the financial and macroeconomic consequences of government debt accumulation.
P. Paesani +2 more
semanticscholar +1 more source

