Showing 1 - 10 of 708
We estimate the causal impact of countercyclical interest rates on macroeconomic outcomes in open economies. To identify countercyclical interest rates, we construct a new database of short-term interest rates, principal exports, and international commodity prices for 40 economies from 1870 to...
Persistent link: https://www.econbiz.de/10013291318
-August 2020, the other from the ECB reporting average monthly values over the period January 1900-August 2020. The estimation …
Persistent link: https://www.econbiz.de/10013314848
Using a new consumer survey dataset, we show that macroeconomic preferences affect expectations and economic decisions through different channels. While household expectations are on average inversely related to preferences, households with the same inflation or interest rate expectations can...
Persistent link: https://www.econbiz.de/10013293855
In this paper we analyse the bank merger between DnB and Gjensidige Bank in 2003, ranked by market share as number one and number three in the Norwegian bank market. Focusing on loans to firms, our difference-in-differences analysis shows no increase of concentration of new loans. The...
Persistent link: https://www.econbiz.de/10013310766
local jobseekers in Jordan: one treatment to address liquidity constraints, one to address information frictions, and one to …
Persistent link: https://www.econbiz.de/10012823564
We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and opportunity costs, we concentrate on cashless payments media...
Persistent link: https://www.econbiz.de/10013315295
Using a large-scale online experiment with more than 8,000 U.S. respondents, we examine how the demand for a politics newsletter changes when the newsletter content is fact-checked. We first document an overall muted demand for fact-checking when the newsletter features stories from an...
Persistent link: https://www.econbiz.de/10013228860
Young People in Egypt (HSYPE). Difference-in-difference estimations show that the revolution significantly decreased the …
Persistent link: https://www.econbiz.de/10013216250
This paper investigates the key factors affecting household energy expenditure in Egypt. Based upon the latest 2015 … Egypt are mainly due to variations in income, household size, and housing type. Our findings document substantial … policy implications regarding residential energy efficiency and carbon emissions reduction in Egypt …
Persistent link: https://www.econbiz.de/10013250744
Using Swiss data from 1983 to 2008, this paper investigates whether growth rates of the different measures of the quantity of money and or excess money can be used to forecast inflation. After a preliminary data analysis, money demand relations are specified, estimated and tested. Then,...
Persistent link: https://www.econbiz.de/10010266089