Results 101 to 110 of about 1,860 (237)
DO BANKS GAME ON DYNAMIC PROVISIONING?
Reducing credit procyclicality represents one of the key challenges on the regulatory agenda to reform the financial system architecture. Some early experiences may provide some insights on how countercyclical regulations may be effective.
SANTIAGO CARBO-VALVERDE +1 more
doaj +1 more source
Business cycle and mortality in Spain. [PDF]
Cervini-Plá M, Vall-Castelló J.
europepmc +1 more source
What Are The Drivers of Labor Productivity in Italy?
ABSTRACT This paper introduces a novel sign restriction identification within a structural Bayesian vector autoregression (VAR) to analyse how labour productivity responds to supply and demand shocks and to quantify the contribution of shocks to cyclical fluctuations.
Josué Diwambuena, Francesco Ravazzolo
wiley +1 more source
Learning From 25 Years of Changes in Business Tax Policy
Abstract This paper summarizes the significant changes to the taxation of business income in the United States over the last 25 years and how the resulting policy variation has helped inform research on business taxation. The survey of research on the topic covers investment incentives, international taxation, corporate financial policy, issues with ...
Jason DeBacker, Aerfate Haimiti
wiley +1 more source
A forward-looking model for time-varying capital requirements and the New Basel Capital Accord [PDF]
This paper proposes a forward-looking model for time-varying capital requirements which finds application within the New Basel Capital Accord (NBCA) framework.
Chiara Pederzoli, Costanza Torricelli
core
Synchronization and cyclicality of social spending in economic crises. [PDF]
Ayala-Cañón L +2 more
europepmc +1 more source
Procyclical Productivity in Manufacturing
We study the cyclical behavior of labor productivity in eighty industries of the Chilean manufacturing sector in the 1979-2001 period. We find that labor productivity at the sector-level is procyclical but it is a-cyclical when using aggregate data. We provide an analytical and empirical explanation for this divergence. We also use an econometric model
Soto, Raimundo, Navarro, Lucas
openaire +3 more sources
Noisy Politics, Quiet Technocrats: Strategic Silence by Central Banks
ABSTRACT In contrast to the “quiet” politics of the pre‐2008 period, macroeconomic policy has become “noisy”. This break raises a question: How do independent agencies designed for quiet politics react when a contentious public turns the volume up on them?
Benjamin Braun, Maximilian Düsterhöft
wiley +1 more source
Fair Value Accounting and Procyclicality : Accounting for Securitization [PDF]
The recent financial crisis has lead to heated debates on the pros and cons of fair value accounting from the perspectives of illiquidity and procyclicality. Previous research investigates the relationship between fair value accounting and procyclicality
Kusano, Masaki, Masaki Kusano
core
Does the stepping‐stone effect of temporary agency employment vary over the business cycle?
Abstract We examine the cyclicality of the stepping‐stone effect of temporary agency work in Germany across three business cycles using administrative data and a timing‐of‐events model. We estimate in‐ and post‐treatment effects and their response to the unemployment rate.
Elke J. Jahn, Michael Rosholm
wiley +1 more source

