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Because of the travel uncertainties related to the pandemic, the conference dates are tentative and subject to change. The objective of this special IARIW-TNBS conference will be to advance our understanding on issues related to measuring national accounts, prices, productivity, income and...
Persistent link: https://www.econbiz.de/10012310802
The macroeconomic impacts of the quantitative easing programs enacted by the major central banks worldwide have been examined in many scientific articles. An increasing number of papers have additionally explored the spillover effects of the US and – to a lesser degree EA and UK - QE programs...
Persistent link: https://www.econbiz.de/10013191826
We document a new fact: in U.S., European and Japanese surveys, households do not expect deflation, even in environments where persistent deflation is a strong possibility. This fact stands in contrast to the standard macroeconomic models with rational expectations. We extend a New Keynesian...
Persistent link: https://www.econbiz.de/10013186722
"We study optimal monetary policy during times of exceptionally high global demand for tradable goods, relative to non-tradable services. The optimal monetary response entails a rise in inflation, which helps rebalance production toward the tradable sector. While the inflation costs are fully...
Persistent link: https://www.econbiz.de/10013186710
Co-author: Luhang Wang (Xiamen University) . In China, the relative wages of high-skilled and low-skilled workers display huge variation across different regions. We examine whether financial intermediation development can explain such variation. Conceptually, better-developed financial...
Persistent link: https://www.econbiz.de/10013168765
Co-authors: Yiping Huang (Peking University), Han Qiu (Bank for International Settlements) and Changhua Yu (Peking University) Through the lens of a unique dataset covering the full borrowing history of sampled firms from both BigTech and traditional bank lenders in China, we compare the...
Persistent link: https://www.econbiz.de/10013168746
Co-authors: Domenico Giannone (Amazon.com) and Anna Kovner (Federal Reserve Bank of New York) We study the relationship between bank capital ratios and the distribution of future real GDP growth. Growth in the aggregate bank capital ratio corresponds to a smaller left tail of GDP—smaller...
Persistent link: https://www.econbiz.de/10012797489
We invite the submission of papers that explore all aspects of the impact of bank and consumer regulation, including, but not limited to: - The impact of bank and consumer regulation on long-run growth (including the relationship between capital requirements and lending by banks). - Regulation...
Persistent link: https://www.econbiz.de/10011942179
The aim of the conference is to bring together policymakers and practitioners, international institutions, and leading academics to shed light on these issues from both practical and research perspectives, and draw robust and novel policy implications.
Persistent link: https://www.econbiz.de/10011815101
The aim of the conference is to present and discuss the latest policy-relevant research to foster the creation of multi-sector, multi-disciplinary solutions to jobs challenges around the world based on research and empirical evidence. In addition to the regular sessions in all fields of labor...
Persistent link: https://www.econbiz.de/10011808383
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