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Monetary policy implementation and volatility transmission along the yield curve : the case of Kenya
Alper, C. Emre; Morales, R. Armando; Yang, Fan - 2016
, Sweden, Thailand, and Uganda). Kenya shows strong volatility transmission and high persistence similar to other countries in …
Persistent link: https://www.econbiz.de/10011711565
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Experiences with macroprudential policy : five case studies
Darbar, Salim M.; Wu, Xiaoyong - 2015
Zealand, Singapore, and Sweden). The case studies describe the institutional framework, its evolution, the use of …
Persistent link: https://www.econbiz.de/10011374746
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Empirical Modeling of Contagion : A Review of Methodologies
Dungey, Mardi - 2004
The existing literature suggests a number of alternative methods to test for the presence of contagion during financial market crises. This paper reviews those methods and shows how they are related in a unified framework. A number of extensions are also suggested that allow for multivariate...
Persistent link: https://www.econbiz.de/10014401432
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Growing (un)equal : fiscal policy and income inequality in China and BRIC+
Cevik, Serhan; Correa-Caro, Carolina - 2015
Persistent link: https://www.econbiz.de/10011281986
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Growing (Un)equal : Fiscal Policy and Income Inequality in China and BRIC+
Cevik, Serhan - 2015
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …-an inverted Ushaped relationship between income inequality and economic development-in China and the panel of BRIC+ countries. In … the case of China, the empirical results indicate that government spending and taxation have opposing effects on income …
Persistent link: https://www.econbiz.de/10014412042
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The Chinese Corporate Savings Puzzle : A Firm-Level Cross-Country Perspective
Tong, Hui - 2010
China’s high corporate savings rate is commonly claimed to be a key driver for the country’s large current account …
Persistent link: https://www.econbiz.de/10014402854
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Will COVID-19 have long-lasting effects on inequality? : evidence from past pandemics
Furceri, Davide; Loungani, Prakash; Ostry, Jonathan David; … - 2021
This paper provides evidence on the impact of major epidemics from the past two decades on income distribution. The pandemics in our sample, even though much smaller in scale than COVID-19, have led to increases in the Gini coefficient, raised the income share of higher-income deciles, and...
Persistent link: https://www.econbiz.de/10012613506
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Cooperative and Islamic banks : what can they learn from each other?
Al-Muharrami, Saeed; Hardy, Daniel C. L. - 2013
Islamic and cooperative banks such as credit unions are broadly similar in that they both share some risk with savers. However, risk sharing goes along with ownership control in cooperatives, whilst Islamic banks share risk with borrowers and downside risk with depositors. Islamic banking is...
Persistent link: https://www.econbiz.de/10012667506
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New Zealand banks’ vulnerabilities and capital adequacy
Jang, Byung K.; Kataoka, Masahiko - 2013
banks’ headline capital ratios underestimate their capital strength. A comparison with Canadian, UK and Australian banks …
Persistent link: https://www.econbiz.de/10012671009
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Who will bear the brunt of lockdown policies? : evidence from tele-workability measures across countries
Brussevich, Mariya; Dabla-Norris, Era; Khalid, Salma - 2020
Lockdowns imposed around the world to contain the spread of the COVID-19 pandemic are having a differential impact on economic activity and jobs. This paper presents a new index of the feasibility to work from home to investigate what types of jobs are most at risk. We estimate that over 97.3...
Persistent link: https://www.econbiz.de/10012251964