Results 131 to 140 of about 96,743 (212)

CBDC as Imperfect Substitute to Bank Deposits: A Macroeconomic Perspective

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract The impact of Central Bank Digital Currency (CBDC) is analyzed in a closed‐economy model with monopolistic competition in banking and where CBDC is an imperfect substitute with bank deposits. The design of CBDC is characterized by its interest rate, its substitutability with bank deposits, and its relative liquidity.
PHILIPPE BACCHETTA, ELENA PERAZZI
wiley   +1 more source

What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT Financial bubbles and crashes have repeatedly caused economic turmoil notably but not just during the 2008 financial crisis. However, both in the popular press as well as scientific publications, the meaning of bubble is sometimes unspecified.
Michael Heinrich Baumann   +1 more
wiley   +1 more source

Demographic Dynamics and International Trade: Stylized Facts and Theoretical Insights

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT Demographic change within a country has economic repercussions for other countries through international transactions. Ongoing shifts in population size and age structure across countries have important implications for international trade, operating through changes in market size, consumption preferences, and labor supply.
Kumuthini Sivathas
wiley   +1 more source

Mental Health Following Silver Splits: A Dyadic Approach to Depressive Symptoms

open access: yesJournal of Marriage and Family, EarlyView.
ABSTRACT Objective Drawing on the stress generation model, emotional contagion theory, and gender‐as‐relational approach, this study adopts a dyadic approach to mental health following later‐life separation, or “silver splits” (i.e., partnership dissolution at or after age 50), and examines whether depressive symptoms in a partner before separation can
Lisa Jessee, Jeffrey E. Stokes
wiley   +1 more source

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