Results 231 to 240 of about 991,388 (397)

Monetary Policy and Government Debt

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We study how the level of government debt affects the effectiveness of monetary policy, that is, the elasticity of economic aggregates to interest rate changes. We build a New Keynesian model where fiscal policy is non‐Ricardian and government debt is risk‐free.
NICOLAS CARAMP, ETHAN FEILICH
wiley   +1 more source

Financial Fragility and the Fiscal Multiplier

open access: yesJournal 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

Monetary and Macroprudential Policies under Dollar‐Denominated Foreign Debt

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper studies monetary and macroprudential policies in a small open economy that borrows from abroad in foreign currency. The model features a novel mechanism in which exchange rate depreciation triggered by a borrowing constraint is amplified through balance of payments adjustments, increasing the real burden of foreign debt and causing ...
HIDEHIKO MATSUMOTO
wiley   +1 more source

The Relationship Between the Level of Satisfaction of Maslow's Hierarchy of Needs and Loneliness, Happiness and Life Satisfaction in Elderly Individuals

open access: yesJournal of Clinical Nursing, EarlyView.
ABSTRACT Aims To examine the relationship between the level of satisfaction of Maslow's hierarchy of needs and loneliness, happiness and life satisfaction in elderly individuals. Design This cross‐sectional, descriptive and correlational study was conducted with the elderly in Turkey.
Eylül Gülnur Erdoğan, Sevinç Mersin
wiley   +1 more source

Editorial Expression of Concern: Intranasal vaccination of hamsters with a Newcastle disease virus vector expressing the S1 subunit protects animals against SARS-CoV-2 disease. [PDF]

open access: yesSci Rep
Díaz MF   +34 more
europepmc   +1 more source

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