Showing 51 - 60 of 348
The strong US policy response to the 2008-09 financial crisis raised concerns about its impact (spillovers) on other …. Using a sign-restricted structural VAR approach, we study the trade spillovers of the post-crisis policy mix, by assessing …, varied across time, reflecting the different timing of fiscal and monetary stimuli, with overall positive spillovers in the …
Persistent link: https://www.econbiz.de/10011742995
' hypothesis that foreign innovation activities tap into foreign R and D and improve home productivity through knowledge spillovers … their R and D. The strength of knowledge spillovers depends on the direction of technology sourcing. Knowledge externality …
Persistent link: https://www.econbiz.de/10011848116
accounts for 3/4 of aggregate volatility-and large spillovers of negative financerelated shocks. Moreover, in contrast with the ….S. nonfarm business sectors during the Great Recession, and evaluates the cross-sectoral spillovers. Shocks are identified by … across sectors) in driving variability in aggregate industry output, this study allows spillovers of shocks to operate …
Persistent link: https://www.econbiz.de/10011852597
After 2007, countries that cut their policy interest rates close to zero turned, among other policies, to forward guidance. We estimate a two-country model of the U.S. and Canada to quantify how unexpected changes in U.S. forward guidance affected Canada. Expansionary U.S. forward guidance...
Persistent link: https://www.econbiz.de/10011852669
We analyze the effects of macroprudential policies on local bank credit cycles and interactions with international financial conditions. For identification, we exploit the comprehensive credit register containing all bank loans to individuals in Romania, a small open economy subject to external...
Persistent link: https://www.econbiz.de/10011799309
This paper presents the Systemic Risk and Interconnectedness (SyRIN) tool. SyRIN allows a comprehensive assessment of systemic risk via quantification of the impact of risk amplification mechanisms, due to interconnectedness structures across banks and other financial intermediaries-insurance,...
Persistent link: https://www.econbiz.de/10011799332
This paper describes, and where possible tentatively quantifies, likely tax spillovers from the U.S. corporate income …
Persistent link: https://www.econbiz.de/10011878729
Persistent link: https://www.econbiz.de/10010389499
Persistent link: https://www.econbiz.de/10010479509
Persistent link: https://www.econbiz.de/10010479511