Similar Search Results

Adjustment Costs, Inventories and Output

Danziger, Leif - 2021

-adjustment costs in an inflationary environment. The model nests both the original menu-cost model that allows production to be …

Persistent link: https://www.econbiz.de/10013316563

The Effect of Adversity on Process Innovations and Managerial Incentives

Dostie, Benoit; Jayaraman, Rajshri - 2021

This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...

Persistent link: https://www.econbiz.de/10013316356

Political Booms, Financial Crises

Herrera, Helios - 2014

We show that political booms, measured by the rise in governments' popularity, predict financial crises above and beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in emerging economies. We show that governments in emerging...

Persistent link: https://www.econbiz.de/10013047326

Early Warning System for Economic and Financial Risks in Kazakhstan

Bhattacharyay, Biswa N.; Dlugosch, Dennis; Kolb, Benedikt; … - 2021

This paper proposes a macro-prudential financial soundness analysis that can be used by most developing and transformation countries with or without crisis experience as well as by developed countries with limited data. The objective is to detect economic and financial sector vulnerability,...

Persistent link: https://www.econbiz.de/10013316300

Agricultural Price Shocks and Business Cycles - A Global Warning for Advanced Economies

De Winne, Jasmien - 2018

For a panel of 75 countries, we find that increases in global agricultural commodity prices that are caused by unfavorable harvest shocks in other regions of the world significantly curtail domestic economic activity. The effects are much larger than for average global agricultural price shifts....

Persistent link: https://www.econbiz.de/10012915574

Findings of the Signal Approach for Financial Monitoring in Kazakhstan

Abberger, Klaus - 2013

This study concentrates on the signal approach for Kazakhstan. It focuses on the properties of individual indicators prior to observed currency crises. The indicators are used to build composite indicators. An advanced approach uses principal components analysis for the construction of composite...

Persistent link: https://www.econbiz.de/10013095630

Reflections on Cluster Policies

Brakman, Steven - 2012

Economic activity tends to cluster. This results in productivity gains. For policy makers this offers an opportunity to formulate and promote policies that foster clustering of economic activity. Paradoxically, although agglomeration rents are often found in empirical research a rationale for...

Persistent link: https://www.econbiz.de/10013098963

Firms' Optimism and Pessimism

Bachmann, Ruediger; Elstner, Steffen - 2021

West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level … and combine them with production expectations over a quarterly horizon in the same survey to construct series of … and at most 34 percent of firms systematically over- or underpredict their one-quarter-ahead upcoming production. In a …

Persistent link: https://www.econbiz.de/10013315803

The Impact of Japanese Monetary Policy Crisis Management on the Japanese Banking Sector

Gerstenberger, Juliane - 2017

The paper analyses the impact of Japanese monetary policy crisis management on the Japanese banking sector since the 1998 Japanese financial crisis. It shows how low-cost liquidity provision as a means to stabilize banks has created a growing gap between deposits above lending and has compressed...

Persistent link: https://www.econbiz.de/10012955417

Central Banking and Crisis Management from the Perspective of Austrian Business Cycle Theory

Schnabl, Gunther - 2016

The paper analyses the evolvement and effects of central bank crisis management since the mid 1980s based on a Hayek-Mises-Wicksell over-investment framework. It is shown that, given that the traditional transmission mechanism between monetary policy and consumer price inflation has collapsed,...

Persistent link: https://www.econbiz.de/10012977401

1
2
3
4
5
6
7
8
9
10
Next
Last