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Changes in returns to education in Latin America : the role of demand and supply of skills
Manacorda, Marco (contributor);  … - 2005
Persistent link: https://www.econbiz.de/10003264405
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Bank loan supply shocks and alternative financing of non-financial corporations in the euro area
Mandler, Martin; Scharnagl, Michael - 2019
-bank loans to be substitutes for bank loans with negative responses to a positive loan supply shock while trade credit is a …
Persistent link: https://www.econbiz.de/10012034573
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Unconventional monetary policy shocks in the euro area and the sovereign-bank nexus
Hristov, Nikolay; Hülsewig, Oliver; Scharler, Johann - 2020
We explore the effects of the ECB's unconventional monetary policy on the banks' sovereign debt portfolios. In particular, using panel vector autoregressive (VAR) models we analyze whether banks increased their domestic government bond holdings in response to non-standard monetary policy shocks,...
Persistent link: https://www.econbiz.de/10012197879
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The financial market effects of the ECB's asset purchase programs
Lewis, Vivien; Roth, Markus - 2017
The European Central Bank's asset purchase programs, while intended to stabilize the economy, may have unintended side effects on financial stability. This paper aims at gauging the effects on financial markets, the banking sector, and lending to non-financial firms. Using a structural vector...
Persistent link: https://www.econbiz.de/10011712553
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On the empirical relevance of the exchange rate as a shock absorber at the zero lower bound
Finck, David; Hoffmann, Mathias; Hürtgen, Patrick - 2023 - February 3, 2023
We estimate the effects of a negative asymmetric demand shock on the real exchange rate for the euro area vis-à-vis the … output, confirming its shock-absorbing capacity before and during the ZLB episode. The stabilizing role of the exchange rate …
Persistent link: https://www.econbiz.de/10014320485
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The timing of monetary policy shocks
Olivei, Giovanni P. (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003335381
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The macroeconomic effects of climate shocks in Thailand
Chaitat Jirophat; Pym Manopimoke; Suparit Suwanik - 2022
Persistent link: https://www.econbiz.de/10013431683
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What drives remittances during a global shock? : evidence from the COVID-19 pandemic in Mexico
Ambrosius, Christian; Campos Vázquez, Raymundo M.; … - 2021
During a global shock two forces act upon international remittances in opposite directions: income losses among … data at the subnational level in Mexico to study the behavior of remittances during the Covid-19 pandemic. We estimate … results show that destination country conditions have been the main driver of remittances to Mexico, whereas origin country …
Persistent link: https://www.econbiz.de/10012607034
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The UK's great demand and supply recession
Jacob, Nick; Mion, Giordano - 2020
Persistent link: https://www.econbiz.de/10012487167
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Monetary policy communication shocks and the macroeconomy
Goodhead, Robert; Kolb, Benedikt - 2018
Using federal funds futures data, we show the importance of surprise communication as a component of monetary policy for U.S. macro variables, both before and after 2008. While Gürkaynak et al. (2005) stress the importance of monetary policy communication for asset prices, much of the...
Persistent link: https://www.econbiz.de/10011938122