ABSTRACT We develop a theoretical framework that extends the Bernanke and Blinder model to incorporate imperfect substitution between internal and external finance of firms to study the operation of both the bank lending and the balance sheet channels of monetary transmission in the US.
Sophocles N. Brissimis+1 more
wiley +1 more source
Analytic solutions of variance swaps for Heston models with stochastic long-run mean of variance and jumps. [PDF]
Fu J.
europepmc +1 more source
A Learning Model with Memory in the Financial Markets
ABSTRACT Learning is central to a financial agent's aspiration to gain persistent strategic advantage in asset value maximisation. The implicit mechanism that transforms this aspiration into an observed value gain is the speed of error corrections (demonstrating, an agent's speed of learning) whilst facing increased uncertainty.
Shikta Singh+6 more
wiley +1 more source
Risk Perception, Risk Preference, and Timing of Food Sales: New Insights into Farmers' Negativity in China. [PDF]
Tian T, Zhao X.
europepmc +1 more source
Does culture empower inclusive finance? Empirical investigation into small business in Cameroon. [PDF]
Hikouatcha P+3 more
europepmc +1 more source
Synthetic biology for medical biomaterials
Synthetic biology platform has been utilized to produce a variety of medical biomaterials (MBMs), such as polylactic acid (PLA), polyhydroxyalkanoates (PHAs), hyaluronic acid (HA), collagen (COL), poly(β‐malic acid) (PMLA), poly‐γ‐glutamic acid (γ‐PGA), alginate (ALG), chitosan (CS), bacterial cellulose (BC), and antimicrobial peptides (AMPs).
Tao Xu+4 more
wiley +1 more source
The effects of digital economy development on social insurance funds revenue: Evidence from China. [PDF]
Pan X, Li B, Wu J.
europepmc +1 more source
Informational Differences, Adaptive Learning, and Inflation Forecast Bias
ABSTRACT This work highlights a previously overlooked factor that contributes to bias in private inflation forecasts—ignorance of confidential monetary rules. Additionally, it examines how this ignorance indirectly affects policy rate settings. The model proposed reconciles biases in two key forecast sources: the inflation expectations from the Survey ...
Qiang Chen, Zechen Yin
wiley +1 more source
The driving factors, configuration paths and effects of employment polarization under the development of digital economy. [PDF]
Zhou P, Li X, Shen Y.
europepmc +1 more source
Promising Practices of Out‐of‐School Time Programs for Low‐Income Adolescents: A Systematic Review
ABSTRACT Introduction Out‐of‐school time (OST) programs can have a positive impact on youth outcomes, including academic achievement and social‐emotional development. However, there are vast inequities in program accessibility and quality, with low‐income adolescents being particularly underserved.
Rebecca S. Levine, Samantha Viano
wiley +1 more source