Narrow search
Showing 1 - 3 of 3
Cover Image
On Synthetic Income Panels
Moreno, Héctor; Bourguignon, François; Dang, Hai-Anh - 2021
In many developing countries, the increasing public interest in monitoring economic inequality and mobility is hindered by the scarce availability of longitudinal data. Synthetic panels based on matching individuals with the same time-invariant characteristics in consecutive cross-sections have...
Persistent link: https://www.econbiz.de/10012492417
Cover Image
Interest Rate Bands of Inaction and Play-Hysteresis in Domestic Investment - Evidence for the Euro Area
Belke, Ansgar; Frenzel Baudisch, Coletta; Göcke, Matthias - 2019
The interest rate represents an important monetary policy tool to steer investment in order to reach price stability …. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank … impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate …
Persistent link: https://www.econbiz.de/10012041437
Cover Image
Interest Rate Hysteresis in Macroeconomic Investment under Uncertainty
Belke, Ansgar; Göcke, Matthias - 2019
The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the “hysteretic” impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …
Persistent link: https://www.econbiz.de/10012041440