Results 81 to 90 of about 27,037 (166)
Dollarization as a Signaling Device [PDF]
The objective of this paper is to point out that dollarization, apart from being a commitment device, may also be used as a signaling device if there is uncertainty about the government’s intentions.
Krzysztof Makarski
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Multistate asymmetric ACD model: an application to order dynamics in the EUR/PLN spot market [PDF]
This paper examines a process of order submissions and cancellations in the interbank order driven market of the EUR/PLN currency pair. Our contribution to the existing literature is twofold.
Katarzyna Bień-Barkowska
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Unemployment in an Estimated New Keynesian Model [PDF]
We reformulate the Smets-Wouters (2007) framework by embedding the theory of unemployment proposed in Galí (2011a,b). We estimate the resulting model using postwar U.S. data, while treating the unemployment rate as an additional observable variable.
Frank Smets, Jordi Galí, Rafael Wouters
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Conceptualizing interdependences between regulatory and monetary policies. Some preliminary considerations [PDF]
In this paper we investigate the interplay between regulatory and monetary policies. We analyze how changes in institutional settings modify the functioning of various channels of monetary transmission.
Lukasz Hardt
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Can we prevent boom-bust cycles during euro area accession? [PDF]
Euro-area accession caused boom-bust cycles in several catching-up economies. Declining interest rates and easier financing conditions fuelled spending and worsened the current account balance.
Marcin Kolasa +2 more
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Wzmocnione publikacje: nowy model wsparcia komunikacji naukowej
Zagadnienia Informacji Naukowej - Studia Informacyjne, 2016 CEL/TEZA: Celem artykułu jest przedstawienie koncepcji wzmocnionych publikacji (ang. enhanced publications), które to mogą mieć wpływ na polepszenie i zoptymalizowanie komunikacji naukowej. W zmocnione publikacje są złożonymi obiektami cyfrowymi zawierającymi publikacje w formie standardowych książek, artykułów, raportów oraz powiązane z nimi dodatkowe
openaire +2 more sources
Identifying multiple regimes in the model of credit to households [PDF]
This research proposes a new method to identify the differing states of the market with respect to lending to households. We use an econometric multi-regime regression model where each regime is associated with a different economic state of the credit ...
Dobromil Serwa
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The Relativity Theory Revisited: Is Publishing Interest Rate Forecasts Really so Valuable? [PDF]
In a New Keynesian model with asymmetric information we show that publication of macroeconomic projections and of the future interest rate path by the central bank can improve macroeconomic outcomes. However, the gains from publishing interest rate paths
Adam Kot, Michal Brzoza-Brzezina
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