Results 241 to 250 of about 102,295 (304)

Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity

open access: yesThe Journal of Finance, Volume 81, Issue 2, Page 1011-1052, April 2026.
ABSTRACT We study the role of asset revaluation in the monetary transmission mechanism. We build an analytical heterogeneous‐agents model with two main ingredients: (i) rare disasters and (ii) heterogeneous beliefs. The model captures time‐varying risk premia and precautionary savings in a setting that nests the textbook New Keynesian model.
NICOLAS CARAMP, DEJANIR H. SILVA
wiley   +1 more source

Monetary Policy, Inflation, and Crises: Evidence from History and Administrative Data

open access: yesThe Journal of Finance, Volume 81, Issue 2, Page 923-970, April 2026.
ABSTRACT We show that a U‐shaped monetary rate path increases banking crisis risk, via credit and asset price cycles, analyzing 17 countries over 150 years. Rate hikes (raw or instrumented) increase crisis risk, but only if preceded by prolonged cuts. These patterns are unique to banking crises, unlike noncrisis recessions.
GABRIEL JIMÉNEZ   +3 more
wiley   +1 more source

Bank Monitoring with On‐Site Inspections

open access: yesThe Journal of Finance, Volume 81, Issue 2, Page 687-737, April 2026.
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

A Shift in Approach to Addressing Public Health Inequities and the Effect of Societal Structural and Systemic Drivers on Social Determinants of Health. [PDF]

open access: yesPublic Health Rep
Mercado CI   +9 more
europepmc   +1 more source

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