Results 111 to 120 of about 12,549,508 (241)
A VECX* model of the Swiss economy [PDF]
This paper applies the modelling strategy of Garratt, Lee, Pesaran and Shin (2003) to the estimation of a structural cointegrated VAR model that relates the core macroeconomic variables of the Swiss economy to current and lagged values of a number of key
Katrin Assenmacher-Wesche +1 more
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Applying the Hirose-Kamada filter to Swiss data: Output gap and exchange rate pass-through estimates [PDF]
Multivariate filters based on the Hodrick-Prescott filter are appealing because they combine the advantages of the Hodrick-Prescott filter with economic relationships.
Enzo Rossi, Franziska Bignasca
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Liquidity in the Foreign Exchange Market: Measurement, Commonality, and Risk Premiums [PDF]
This paper develops a liquidity measure tailored to the foreign exchange (FX) market, quantifies the amount of commonality in liquidity across exchange rates, and determines the extent of liquidity risk premiums embedded in FX returns.
Angelo Ranaldo +2 more
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Foreign Currency Borrowing by Small Firms [PDF]
We examine the firm- and country-level determinants of the currency denomination of small business loans. We first model the choice of loan currency in a framework which features a trade-off between lower cost of debt and the risk of firm-level distress ...
Martin Brown, Pinar Yesin, Steven Ongena
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Who Needs Credit and Who Gets Credit in Eastern Europe? [PDF]
Based on survey data covering 8,387 firms in 20 countries we compare credit demand and credit supply for firms in Eastern Europe to those for firms in selected Western European countries.
Alexander Popov +3 more
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Capacity Utilisation, Constraintes and Price Adjustments under the Microscope [PDF]
This paper analyses the interplay of capacity utilisation, capacity constraints, demand constraints and price adjustments, employing a unique firm-level data set for Swiss manufacturing firms.
Eva Köberl, Sarah Marit Lein
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How to Use Industrial Policy to Sustain Trade Agreements [PDF]
With the help of a simple Ricardian model, this paper explores the role of industrial policy in self-enforcing trade agreements. A first part shows that the optimal self-enforcing trade agreement includes subsidies to inefficient, import-competing ...
Philip Sauré
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Monetary Factors and Inflation in Japan [PDF]
Recently, the Bank of Japan outlined a two perspectives approach to the conduct of monetary policy that focuses on risks to price stability over different time horizons.
Katrin Assenmacher-Wesche +2 more
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Céline Murillo, Le cinéma de Jim Jarmusch
Miranda: Revue Pluridisciplinaire du Monde Anglophone, 2018 Vincent Souladié
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