Similar Search Results

Fiscal rules and discretion in a world economy

Halac, Marina; Yared, Pierre - 2015

Persistent link: https://www.econbiz.de/10011347478

Fiscal rules and discretion under persistent shocks

Halac, Marina; Yared, Pierre - 2012

Persistent link: https://www.econbiz.de/10009679647

Monetary policy, doubts and asset prices

Benigno, Pierpaolo; Paciello, Luigi - 2010

"Asset prices and the equity premium might reflect doubts and pessimism. Introducing these features in an otherwise standard New-Keynesian model changes in a quite substantial way the nature of the policy that maximizes the welfare of the consumers in the model. First, following productivity...

Persistent link: https://www.econbiz.de/10008664590

On the optimal inflation rate

Brunnermeier, Markus Konrad; Sannikov, Yuliy - 2016

Persistent link: https://www.econbiz.de/10011460410

Optimal taxation in the presence of bailouts

Panageas, Stauros - 2009

Persistent link: https://www.econbiz.de/10003892897

Fire sales in a model of complexity

Caballero, Ricardo J.; Simsek, Alp - 2009

Persistent link: https://www.econbiz.de/10003904248

How debt markets have malfunctioned in the crisis

Krishnamurthy, Arvind - 2009

Persistent link: https://www.econbiz.de/10003913125

Interpreting the unconventional US monetary policy of 2007-09

Reis, Ricardo - 2010

compares the Federal Reserve's actions with the literature on optimal policy in a liquidity trap. The theory suggests that, to … securities markets can restore liquidity with fewer government funds than extending credit to the originators of loans …

Persistent link: https://www.econbiz.de/10003931157

Rollover risk and market freezes

Acharya, Viral V.; Gale, Douglas; Yorulmazer, Tanju - 2010

"The crisis of 2007-09 has been characterized by a sudden freeze in the market for short-term, secured borrowing. We present a model that can explain a sudden collapse in the amount that can be borrowed against finitely-lived assets with little credit risk. The borrowing in this model takes the...

Persistent link: https://www.econbiz.de/10003931359

Liquidity, institutional quality and the composition of international equity flows

Goldstein, Itay; Razim, Assaf; Tong, Hui - 2010

liquidity shocks, the liquidation price they can get will be lower when buyers know that they have more information on … expectation of future liquidity problems export relatively more FPI than FDI, and (2) this effect strengthens as the source … source countries from 1985 to 2004. Our key variable is the predicted severity of liquidity shock, as proxied by episodes of …

Persistent link: https://www.econbiz.de/10003938393