Narrow search
Showing 1 - 10 of 236
Cover Image
Economic Policies since the Global Financial Crisis
Arestis, Philip (ed.); Sawyer, Malcolm (ed.) - 2017
This book investigates the changing nature of economic policies following the Global Financial Crisis of 2007-2009. Well-respected, international scholars come together to discuss the level of economic growth following the crisis, concerns over inequality in industrialised countries, and labour...
Persistent link: https://www.econbiz.de/10012397525
Cover Image
Money, Stock Prices and Central Banks : A Cointegrated VAR Analysis
Wiedmann, Marcel - 2011
whether liquidity conditions play an important role in stock market developments. As an innovation, liquidity conditions enter … flows, which represent the share of global liquidity that arrives in the respective country. A second aim is to understand …
Persistent link: https://www.econbiz.de/10014015328
Cover Image
Macroeconomics, Finance and Money : Essays in Honour of Philip Arestis
Fontana, Giuseppe (ed.); McCombie, John (ed.);  … - 2010
This volume focuses on current issues of debate in the area of modern macroeconomics and money, written from (a broadly interpreted) post Keynesian perspective. The papers connect with Philip Arestis' contributions to macroeconomics and money, and pay tribute to his distinguished career
Persistent link: https://www.econbiz.de/10012053869
Cover Image
Understanding Global Liquidity
Eickmeier, Sandra - 2014
We explore the concept of global liquidity based on a factor model estimated using a large set of financial and … macroeconomic variables from 24 advanced and emerging market economies. We measure global liquidity conditions based on the common … global factors in the dynamics of liquidity indicators. By imposing theoretically motivated sign restrictions on factor …
Persistent link: https://www.econbiz.de/10013064186
Cover Image
Rediscovering the Macroeconomic Roots of Financial Stability Policy : Journey, Challenges and a Way Forward
Borio, Claudio E. V. - 2014
The recent financial crisis has triggered a major rethink of analytical approaches and policy towards financial stability. The crisis has encouraged a sharper focus on systemic risk, the inclusion of a financial sector in macroeconomic models, a shift from a microprudential to a macroprudential...
Persistent link: https://www.econbiz.de/10013067256
Cover Image
Central Bank Swaps Then and Now : Swaps and Dollar Liquidity in the 1960s
McCauley, Robert N. - 2020
funding liquidity and yields. In particular, we spotlight how in the 1960s the Federal Reserve, working in conjunction with … the BIS and European central banks, repeatedly used swaps to manage eurodollar funding liquidity and Libor yields. BIS …, Bank of England and Swiss National Bank archives show an intention to offset seasonal disturbances to funding liquidity in …
Persistent link: https://www.econbiz.de/10012837527
Cover Image
Cross-Border Banking and Global Liquidity
Bruno, Valentina - 2014
We investigate global factors associated with bank capital flows. We formulate a model of the international banking system where global banks interact with local banks. The solution highlights the bank leverage cycle as the determinant of the transmission of financial conditions across borders...
Persistent link: https://www.econbiz.de/10013047533
Cover Image
Monetary Policy Implementation : Misconceptions and Their Consequences
Disyatat, Piti - 2013
inappropriate characterizations of monetary policy, as well as to ill-defined discussions of liquidity effects, the bank lending …
Persistent link: https://www.econbiz.de/10012710838
Cover Image
Central Bank Co-Operation and International Liquidity in the Financial Crisis of 2008-2009
Moessner, Richhild - 2013
main innovation in central bank cooperation during this crisis was the emergency provision of international liquidity … of currency-specific liquidity shortages based on the BIS international banking statistics, and find a significant … swap lines in relieving currency-specific liquidity shortages, the risks that central banks run in extending swap lines and …
Persistent link: https://www.econbiz.de/10013094601
Cover Image
The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model
Christoffel, Kai Philipp; Kuester, Keith; Linzert, Tobias - 2021
Real wages are a key determinant of marginal costs. The latter themselves are a driving force of inflation. We ask how wages and labor market shocks feed into the inflation process. We model search and matching frictions in the labour market in an otherwise standard New-Keynesian closed economy...
Persistent link: https://www.econbiz.de/10013318057