Results 221 to 230 of about 1,914,541 (354)

Semantics of transactional memory and automatic mutual exclusion [PDF]

open access: bronze, 2011
Martı́n Abadi   +3 more
openalex   +1 more source

CBDC as Imperfect Substitute to Bank Deposits: A Macroeconomic Perspective

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract The impact of Central Bank Digital Currency (CBDC) is analyzed in a closed‐economy model with monopolistic competition in banking and where CBDC is an imperfect substitute with bank deposits. The design of CBDC is characterized by its interest rate, its substitutability with bank deposits, and its relative liquidity.
PHILIPPE BACCHETTA, ELENA PERAZZI
wiley   +1 more source

A Literature Review of Securities Holdings Statistics Research and A Practitioner's Guide

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT Granular holdings data containing security‐by‐security portfolio investments features prominently in economics and finance research. One novel source is the granular Securities Holdings Statistics (SHS), managed by the European Central Bank. SHS covers different euro area investors with over 2 billion observations, representing +50 trillion ...
Martijn Boermans
wiley   +1 more source

Asset Pricing and Risk‐Sharing Implications of Alternative Pension Plan Systems

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We show that incorporating defined benefit pension funds in an incomplete markets asset pricing model improves its ability to match the historical equity premium and riskless rate and has important risk‐sharing implications. We document the importance of the pension fund's size and asset demands, and a new risk channel arising from ...
NUNO COIMBRA   +3 more
wiley   +1 more source

Contestation over a Profession's Memory: The UK Pharmacy Profession, 1880–1905

open access: yesJournal of Management Studies, EarlyView.
Abstract We draw on the historical case of the UK pharmacy industry from 1880–1905 to examine how, in the face of a competitive threat to their survival, lower status professionals seek to reinvigorate the memory of their role in providing community service in the public interest.
Graeme Currie, Andrew Wild, Andy Lockett
wiley   +1 more source

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