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Essays in open-economy macroeconomics
This dissertation addresses three issues in international macroeconomics. The first chapter examines optimal portfolio decisions in a monetary open economy DSGE model. In a complete market environment, Engel and Matsumoto (2005) find that sticky price can generate equity home bias.
openaire +1 more source
The macroeconomics of financial crises: How risk premiums, liquidity traps and perfect traps affect policy options [PDF]
The paper shows that structural models of the IS-LM and Mundell-Fleming variety have a lot to tell about the macroeconomics of the current global crisis.
Florian Jung, Manfred Gärtner
core
ABSTRACT Achieving green transition has become an essential policy priority for which economies need to mobilize green finance, increase green innovation, and promote trade in environmentally sustainable goods and services. However, the effectiveness of policies for enhanced green development depends not only on their design but also on their ...
Sami Ur Rahman +3 more
wiley +1 more source
Carbon Footprint of Bank Loans: Opportunities and Risk Implications in the Banking Industry
ABSTRACT This study examines whether the carbon footprint of bank loan portfolios influences bank stability, profitability and cost efficiency and whether regulatory quality moderates these relationships. Using a balanced panel of 33 countries from 2005 to 2018, the analysis combines banking‐sector indicators from the World Bank Global Financial ...
Honglei Wang +5 more
wiley +1 more source
Transfer Entropy Causal Networks for Interconnectedness Analysis of Global Banking and Green Markets: A CEEMDAN-SE-KM Approach. [PDF]
Xue Q, Jin X, Yu J, Liu Y.
europepmc +1 more source
Sankey diagrams for macroeconomics: A teaching complement bridging undergraduate and graduate Macro. [PDF]
de-Córdoba GF, Molinari B.
europepmc +1 more source
International Capital Markets and Open-Economy Macroeconomics.
The standard open-economy model on which the Bretton Woods macroeconomics is based takes into account neither the systemically fragmented nature of international capital markets nor the institutional relationship between savings and investment in semi ...
core
ABSTRACT Corporate environmental communication has become an essential aspect of modern business practices, as stakeholders increasingly demand transparency and accountability regarding sustainability efforts. Within this context, we examine whether firms use environmental communication on X/Twitter to offset weaker relative environmental performance ...
Ivan Russo +3 more
wiley +1 more source
Why working from home varies across countries and people. [PDF]
Zarate P +5 more
europepmc +1 more source
Exchange rates and open economy macroeconomics
This book brings together recent work in open economy macroeconomics from economists working in this field. The contributions, all of which are previously unpublished, range from purely theoretical analyses, through simulation exercises to applied ...
Taylor, Mark P., MacDonald, Ronald
core

