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Sovereigns going bust : estimating the cost of default

Kuvshinov, Dmitry; Zimmermann, Kaspar - In: European economic review : EER 119 (2019), pp. 1-21

Persistent link: https://www.econbiz.de/10012263324

The big bang : stock market capitalization in the long run

Kuvshinov, Dmitry; Zimmermann, Kaspar - 2020

Persistent link: https://www.econbiz.de/10012214032

The expected return on risky assets : international long-run evidence

Kuvshinov, Dmitry; Zimmermann, Kaspar - 2020

Persistent link: https://www.econbiz.de/10012504320

Monetary Policy and Innovation

Ma, Yueran; Zimmermann, Kaspar - National Bureau of Economic Research - 2023

We document that monetary policy has a substantial impact on innovation activities. After a tightening shock of 100 basis points, research and development (R&D) spending declines by about 1 to 3 percent and venture capital (VC) investment declines by about 25 percent in the following 1 to 3...

Persistent link: https://www.econbiz.de/10014372455