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Persistent link: https://www.econbiz.de/10011971573
The global financial crisis that began in mid-2007 has renewedconcerns about financial instability and focused attention onthe fundamental role of central banks in preventing andmanaging systemic crises. In response to the turmoil, centralbanks have made extensive use of both new and existing...
Persistent link: https://www.econbiz.de/10005869394
In this paper, we assess the effects of changes to the primarycredit facility since August 2007 by performing out-of-samplesimulations based on a model developed by Artuç andDemiralp (2008). Our results are highly consistent with thepredictions of our 2008 study—that is, the revised...
Persistent link: https://www.econbiz.de/10005869395
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Geldpolitik; geldpolitischer Transmissionsmechanismus; Finanzmärkte und die Makroökonomie; Finanz …
Persistent link: https://www.econbiz.de/10012154729
Europäischen Semesters dargestellt. Eine besondere analytische Relevanz kommt dabei der Geldpolitik der Europäischen Zentralbank … -- Neuorientierung der Regulierungspolitik -- Die Politik der Bewältigung der Schuldenkrise im Euroraum -- Die Geldpolitik der … Europäischen Zentralbank (EZB) und ihre Risiken -- Urteile des Bundesverfassungsgerichts und des Europäischen Gerichtshofs zur …
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An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both developed and developing countries.This is in contrast with neoclassical theory, according to which trade should increase therelative return of the...
Persistent link: https://www.econbiz.de/10008860714
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