Similar Search Results

Recovery of 1933

Jacobson, Margaret M.; Leeper, Eric M.; Preston, Bruce - 2023

Persistent link: https://www.econbiz.de/10014284271

Expectations-driven liquidity traps : implications for monetary and fiscal policy

Nakata, Taisuke; Schmidt, Sebastian - 2019 - This draft: June 2019

give rise to persistent liquidity trap episodes. There is no straightforward recipe for enhancing welfare in this economy … less concerned with government spending stabilization than society eliminates expectations-driven liquidity traps …

Persistent link: https://www.econbiz.de/10012181947

New financial stability governance structures and central banks

Edge, Rochelle M.; Liang, Jean Nellie - 2019

We evaluate the institutional frameworks developed to implement time-varying macroprudential policies in 58 countries. We focus on new financial stability committees (FSCs) that have grown dramatically in number since the global financial crisis, and their interaction with central banks, and...

Persistent link: https://www.econbiz.de/10012018438

Financial stability considerations for monetary policy : empirical evidence and challenges

Boyarchenko, Nina; Favara, Giovanni; Schularick, Moritz - 2022

Persistent link: https://www.econbiz.de/10013175539

The costs and benefits of liquidity regulations : lessons from an idle monetary policy tool

Curfman, Christopher J.; Kandrac, John - 2019

We investigate how liquidity regulations affect banks by examining a dormant monetary policy tool that functions as a … liquidity regulation. Our identification strategy uses a regression kink design that relies on the variation in a marginal high … credit supply. Liquidity requirements also depress banks' profitability, though some of the regulatory costs are passed on to …

Persistent link: https://www.econbiz.de/10012181216

Firm leverage, labor market size, and employee pay

Dore, Timothy E.; Zarutskie, Rebecca - 2017

We provide new estimates of the wage costs of firms' debt. Our empirical approach exploits within-firm geographical variation in workers' expected unemployment costs due to variation in local labor market size and uses a large representative sample of public firms. We find that, following an...

Persistent link: https://www.econbiz.de/10011710130

Bubbles and stagnation

Xavier, Inês - 2022

Persistent link: https://www.econbiz.de/10013413163

Private and public liquidity provision in over-the-counter markets

Arseneau, David M.; Rappoport, David E.; Vardoulakis, … - 2017

Persistent link: https://www.econbiz.de/10011708649

The effects of liquidity regulation on bank demand in monetary policy operations

Rezende, Marcelo; Styczynski, Mary-Frances; Vojtech, … - 2016

We estimate the effects of the liquidity coverage ratio (LCR), a liquidity requirement for banks, on the tenders that … term deposits qualify for the LCR. These results suggest that liquidity regulation affects bank demand in monetary policy …

Persistent link: https://www.econbiz.de/10011578907

How have banks been managing the composition of high-quality liquid assets?

Ihrig, Jane; Kim, Edward; Kumbhat, Ashish; Vojtech, Cindy; … - 2017

Persistent link: https://www.econbiz.de/10011803000