Similar Search Results

Credit risk transfers and the macroeconomy

Faia, Ester - 2010 - This draft: September 2010

credit risk transfer. The possibility of transferring credit reduces the impact of liquidity shocks on bank balance sheets … risk. -- Credit Risk Transfer ; Dual Moral Hazard ; Monetary Policy ; Liquidity ; Welfare …

Persistent link: https://www.econbiz.de/10008748079

Exit strategies

Angeloni, Ignazio; Faia, Ester; Winkler, Roland - 2010

We study alternative scenarios for exiting the post-crisis fiscal and monetary accommodation using the model of Angeloni and Faia (2010), that combines a standard DSGE framework with a fragile banking sector, suitably modified and calibrated for the euro area. Credibly announced and fast fiscal...

Persistent link: https://www.econbiz.de/10008748083

Blockholder dispersion and firm value

Konijn, Sander J. J.; Kräussl, Roman; Lucas, André - 2010

This paper analyzes the impact of blockownership dispersion on firm value. Blockholdings by multiple blockholders is a widespread phenomenon in the U.S. market. It is not clear, however, whether dispersion among blockholder is preferable to having a more concentrated ownership structure. To test...

Persistent link: https://www.econbiz.de/10003947463

Reliability and relevance of fair values : private equity investments and investee fundamentals

Ferreira, Petrus; Kräussl, Roman; Landsman, Wayne R.; … - 2018

We directly test the reliability and relevance of fair values reported by listed private equity firms (LPEs), where the unit of account for fair value measurement attribute (FVM) is an investment stake in an individual investee company. FVMs are observable for multiple investment stakes, fair...

Persistent link: https://www.econbiz.de/10011901255

Three great American disinflations

Bordo, Michael D.; Erceg, Christopher J.; Levin, Andrew T. - 2006

Persistent link: https://www.econbiz.de/10003448346

Imperfect knowledge, inflation expectations, and monetary policy

Orphanides, Athanasios (contributor); … - 2003

Persistent link: https://www.econbiz.de/10003349544

The decline of activist stabilization policy : natural rate misperceptions, learning, and expectations

Orphanides, Athanasios (contributor); … - 2004

Persistent link: https://www.econbiz.de/10003350055

Ramsey monetary policy and international relative prices

Faia, Ester (contributor); Monacelli, Tommaso (contributor) - 2004

Persistent link: https://www.econbiz.de/10001981713

The performance of forecast-based monetary policy rules under model uncertainty

Levin, Andrew (contributor); Wieland, Volker (contributor); … - 2003

Persistent link: https://www.econbiz.de/10001778564

Does family matter? : venture capital cross-fund cash flows

Kräussl, Roman; Rinne, Kalle; Sunc, Huizhu - 2022

-fund cash flows (CFCFs), a liquidity support mechanism provided by matching distributions and capital calls within a VC fund … family. The dynamics of this mechanism coincide with the sensitivity of different stage projects owing to market liquidity … conditions. We find that the early-stage funds demand relatively more intra-family CFCFs than later-stage funds during liquidity …

Persistent link: https://www.econbiz.de/10013555504