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~isPartOf:"CESifo Working Paper Series"
~isPartOf:"Centro Studi Luca d'Agliano Development Studies Working Paper"
~isPartOf:"Economics letters"
~isPartOf:"NBER Working Paper"
~isPartOf:"NBER working paper series"
~isPartOf:"Nota di Lavoro"
~person:"Feldstein, Martin"
~person:"Hülsewig, Oliver"
~person:"Peri, Giovanni"
~subject:"Argentinien"
~subject:"Internationale Migration"
~subject:"Monetary policy"
~subject:"Schock"
~subject:"Theorie"
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1
The Impact of Global Warming on Rural-Urban Migrations : Evidence from Global Big Data
Peri, Giovanni
-
2019
This paper examines the impact of temperature changes on rural-urban migration using a 56km×56km grid cell level dataset covering the whole world at 10-year frequency during the period 1970-2000. We find that rising temperatures reduce rural-urban migration in poor countries and increase such...
Persistent link: https://www.econbiz.de/10012889051
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2
The Impact of Global Warming on Rural-Urban Migrations : Evidence from Global Big Data
Peri, Giovanni
-
2019
This paper examines the impact of temperature changes on rural-urban migration using a 56km×56km grid cell level dataset covering the whole world at 10-year frequency during the period 1970-2000. We find that rising temperatures reduce rural-urban migration in poor countries and increase such...
Persistent link: https://www.econbiz.de/10012479679
Saved in:
3
Financial Frictions and Inflation Differentials in a Monetary Union
Hristov, Nikolay
-
2010
This paper employs a stylized New Keynesian DSGE model for a monetary union to analyze whether cyclical inflation differentials can be explained by cross-country differences concerning the characteristics of financial markets. Our results suggest that empirically plausible degrees of...
Persistent link: https://www.econbiz.de/10013136243
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4
The Effect of Income and Immigration Policies on International Migration
Ortega, Francesc
-
2012
elasticity is twice as high for within-
EU
migration, reflecting the higher degree of labor mobility within the European Union. We …
Persistent link: https://www.econbiz.de/10013101810
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5
The Interest Rate Pass-Through in the Euro Area During the Global Financial Crisis
Hristov, Nikolay
-
2013
This paper uses panel vector autoregressive models and simulations of an estimated DSGE model to explore the reaction of Euro–area banks to the global financial crisis. We focus on their interest–rate setting behavior in response to standard macroeconomic shocks. Our main empirical finding...
Persistent link: https://www.econbiz.de/10013089850
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6
The European Central Bank and the Euro : The First Year
Feldstein, Martin
-
2000
The creation of the euro and the European Central Bank is a remarkable and unprecedented event in economic and political history: creating a supranational central bank and leaving eleven countries without national currencies of their own. The experience of the first year confirms that one size...
Persistent link: https://www.econbiz.de/10012471257
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7
Regional Nonadjustment and Fiscal Policy : Lessons for EMU
Obstfeld, Maurice
-
1999
be hard to resist the eventual extension of existing
EU
mechanisms of income redistribution--a transfer union. We propose … an alternative strategy based on a relaxed stability pact, further strictures against central
EU
borrowing, labor market …
Persistent link: https://www.econbiz.de/10012471641
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8
Immigrants, Labor Market Dynamics and Adjustment to Shocks in the Euro Area
Basso, Gaetano
-
2018
We analyze the role of labor mobility in cushioning labor demand shocks in the Euro Area. We find that foreign born workers' mobility is strongly cyclical, while this is not the case for natives. Foreigners' higher population to employment elasticity reduces the variation of overall employment...
Persistent link: https://www.econbiz.de/10012910312
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9
Unexpected Loan Losses and Bank Capital in an Estimated DSGE Model of the Euro Area
Hristov, Nikolay
-
2016
We develop a stylized DSGE model in which banks face capital regulation and their loan portfolios are subject to non-diversifiable losses due to aggregate shocks. The framework is used to explore the importance of the interaction between macroeconomic conditions, credit default and bank...
Persistent link: https://www.econbiz.de/10012978077
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10
Smells Like Fiscal Policy? Assessing the Potential Effectiveness of the ECB's OMT Program
Hristov, Nikolay
-
2014
This paper explores the potential effectiveness of the ECB's Outright Monetary Transaction (OMT) program in safeguarding an appropriate monetary policy transmission. Since the program aims at manipulating bank lending rates by conducting sovereign bond purchases on secondary markets, a stable...
Persistent link: https://www.econbiz.de/10013057668
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