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An overview of the Fed's new credit policy tools and their cushioning effect on the COVID-19 recession
Bordo, Michael D.; Duca, John V. - In: Journal of government and economics : JGE 3 (2021), pp. 1-10
The economics literature lacks articles that provide a broad roadmap-let alone a logical explanation-of the new set of Federal Reserve policy tools that were created to counter the COVID-19 recession. This study provides an overview of the motivation for these new credit-easing programs-namely...
Persistent link: https://www.econbiz.de/10012800421
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How new Fed corporate nond programs dampened the financial accelerator in the COVID-19 recession
Bordo, Michael D.; Duca, John V. - 2020
Persistent link: https://www.econbiz.de/10012388061
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Liquidity traps and expectation dynamics : fiscal stimulus or fiscal austerity?
Benhabib, Jess; Evans, George W.; Honkapohja, Seppo - 2014
Persistent link: https://www.econbiz.de/10010402622
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Idiosyncratic income risk and aggregate fluctuations
Debortoli, Davide; Galí, Jordi - 2022 - Updated version
Persistent link: https://www.econbiz.de/10012806278
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Idiosyncratic income risk and aggregate fluctuations
Debortoli, Davide; Galí, Jordi - 2022 - Revised: January 2022
Persistent link: https://www.econbiz.de/10012873157
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Monetary policy rules and macroeconomic stability : evidence and some theory
Clarida, Richard H.; Galí, Jordi; Gertler, Mark - 1999
Persistent link: https://www.econbiz.de/10000997717
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New perspectives on monetary policy, inflation, and the business cycle
Galí, Jordi - 2002
Persistent link: https://www.econbiz.de/10001646800
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The Euro area inefficiency gap
Galí, Jordi; Gertler, Mark; López-Salido, José David - 2003
Persistent link: https://www.econbiz.de/10001757343
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The information in the high yield bond spread for the business cycle : evidence and some implications
Gertler, Mark; Lown, Cara Sue - 2000
Persistent link: https://www.econbiz.de/10001456288
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Learning as a rational foundation for macroeconomics and finance
Evans, George W.; Honkapohja, Seppo - 2011
Persistent link: https://www.econbiz.de/10008909537