Results 231 to 240 of about 370,214 (290)

Liquidity Crises and the Market‐Maker of Last Resort

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We study market illiquidity in an economy subject to nonfundamental shocks. Asset trading occurs via decentralized bargaining. The model has multiple rational expectations equilibria; we associate certain Pareto‐inferior equilibria with liquidity crises.
CHARLES M. KAHN   +2 more
wiley   +1 more source

Nonresponse Bias in Household Inflation Expectations Surveys

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper uses microdata from the Reserve Bank of New Zealand's Household Inflation Expectations survey to evaluate the effects of nonresponses to the inflation expectations question in the survey. We find nonresponses lead to substantial underrepresentation of some demographic groups in the survey: young, female, low‐income, and minority ...
MELTEM CHADWICK   +2 more
wiley   +1 more source

Macroprudential Policy in the Euro Area

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper examines the development and impact of macroprudential policies in the euro area. We construct a novel index that captures the stance of macroprudential policy, and we highlight its main stylized facts since the inception of the euro in 1999. We combine a narrative approach and a structural VAR method to show that both unanticipated
ÁLVARO FERNÁNDEZ‐GALLARDO   +1 more
wiley   +1 more source

Does Deposit Insurance Promote Deposit Stability? Evidence from the Postal Savings System during the 1920s

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We evaluate whether deposit insurance (DI) promotes liquidity by influencing depositor behavior. We use the postal savings (PS) system and state‐adopted DI schemes during the 1920s to examine the effect of bank suspensions on PS deposit growth in pairs of border cities (DI versus non‐DI).
Lee K. Davison, Carlos D. Ramirez
wiley   +1 more source

Marginal Propensity to Consume and Personal Characteristics: Evidence from Bank Transaction Data and Survey

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract The marginal propensity to consume (MPC) is heterogeneous and depends on liquidity, while liquidity is affected by both temporary circumstances and persistent characteristics. Using bank account transaction data and a survey of its account holders, this study aims to distinguish the sources of MPC heterogeneity.
KOZO UEDA
wiley   +1 more source

Trajectory of longitudinal lending discrimination modifies the efficacy of a skills-based intervention in stroke survivors. [PDF]

open access: yesJ Stroke Cerebrovasc Dis
Wing JJ   +5 more
europepmc   +1 more source

Embedded Pesticide Use: Exploring the Pesticide‐Land Nexus

open access: yesJournal of Agrarian Change, EarlyView.
ABSTRACT Since the turn of the century, global land grabs, farmland financialization and land‐based food sovereignty movements have returned the land question to the heart of agrarian studies. Meanwhile, abiding interest in pesticides has been reanimated in the face of changes in production, regulation and knowledge of toxicity.
Julie Guthman, Marion Werner
wiley   +1 more source

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