Results 71 to 80 of about 36,210 (261)
Fiscal Consolidation and Support for the Common Currency
JCMS: Journal of Common Market Studies, EarlyView.Abstract The existence of a common currency and further integration within the European Monetary Union crucially depends on public legitimacy. As a response to the Global Financial Crisis and subsequent Sovereign Bond crisis, several European governments have implemented fiscal consolidation policies in an attempt to restore investors' confidence ...
Nicola Nones, Melle Scholten
wiley +1 more source
Impact of Uncertainty Shocks on Income and Wealth Inequality
Journal of Money, Credit and Banking, EarlyView.Abstract We analyze the distributional consequences of uncertainty shocks in the U.S. economy. While their impact on income inequality appears marginal when measured by a single statistic, there are important variations: inequality between the rich and middle‐income groups decreases, while inequality between the middle and poor‐income groups increases ...
SANGYUP CHOI, JEEYEON PHI
wiley +1 more source
Housing in the macroeconomy [PDF]
This article was originally presented as a speech at the Office of Federal Housing Enterprise Oversight Symposium, Ronald Reagan Building and International Trade Center, Washington, D.C., March 10, 2003.Housing ; Housing ...
William Poole
core +3 more sources
Oil price shocks: A comparative study on the impacts of oil price movements in Malaysia and the UK economies [PDF]
, 2007 The study investigates the relationship between changes in crude oil prices and Malaysia and the UK macro-economy. A multivariate VAR analysis is carried out among five key macroeconomic variables: real gross domestic product, short term interest rate ...
Azman Aziz, Mukhriz Izraf +2 more
core
Financial Fragility and the Fiscal Multiplier
Journal of Money, Credit and Banking, EarlyView.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
Immigration and the macroeconomy: Some new empirical evidence
Review of economic dynamics (Print), 2019 We propose a new VAR identification scheme that enables us to disentangle immigration shocks from other macroeconomic shocks. Identification is achieved by imposing sign restrictions on Norwegian data over the period 1990Q1 - 2014Q2.
F. Furlanetto, Ørjan Robstad
semanticscholar +1 more source
Belief Shocks and the Macroeconomy [PDF]
SSRN Electronic Journal, 2013 I study the role of shocks to beliefs combined with Bayesian learning in a standard equilibrium business cycle framework. By adapting ideas from Cogley and Sargent (2008b) to the general equilibrium setting, I am able to study how a prior belief arising from the Great Depression may have influenced the macroeconomy during the last 75 years.
openaire +1 more source
Institutional Investor Attention
The Journal of Finance, EarlyView.ABSTRACT Using data on Internet news reading, we measure fund‐level attention to both aggregate and firm‐specific news and relate it to fund portfolio allocation decisions. In the time series, we find that funds shift attention toward macroeconomic news during periods of high aggregate volatility.
ALAN KWAN, YUKUN LIU, BEN MATTHIES
wiley +1 more source
Bank Monitoring with On‐Site Inspections
The Journal of Finance, EarlyView.ABSTRACT Using proprietary transaction‐level data on nonsyndicated construction loans, we provide some of the first empirical evidence on the drivers and consequences of bank monitoring through on‐site inspections. Banks trade off monitoring intensity with favorable origination terms.
Amanda Rae Heitz +2 more
wiley +1 more source
CCUS Technology and Carbon Emissions: Evidence from the United States
EnergiesCarbon Capture, Utilization, and Storage (CCUS) represents a vital technology for addressing pressing global challenges such as climate change and carbon emissions.
Min Thura Mon +2 more
doaj +1 more source