Narrow search
Showing 1 - 10 of 118
Cover Image
Risks and vulnerabilities in the U.S. bond mutual fund industry
Bouveret, Antoine; Yu, Jie - 2021
This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify...
Persistent link: https://www.econbiz.de/10012605013
Cover Image
Do multi-sector bond funds pose risks to emerging markets?
Cortes, Fabio; Sanfilippo, Luca - 2020
Emerging economies in the post-crisis period increasingly saw portfolio debt inflows from a type of large international investment fund: Multi-Sector Bond Funds (MSBFs). These investors have lacked adequate representation in the literature. This paper constructs a new detailed database from...
Persistent link: https://www.econbiz.de/10012300674
Cover Image
Reform options for mature defined benefit pension plans : the case of the Netherlands
Gérard, Marc - 2019
The Netherlands has been operating fully funded, defined benefit second pillar pension schemes that have consistently ranked high worldwide for delivering high replacement rates while featuring strong solidarity among members. Yet the long-term sustainability of the Dutch pension funds has been...
Persistent link: https://www.econbiz.de/10012001594
Cover Image
Has higher household indebtedness weakened monetary policy transmission?
Gelos, Gaston; Grinberg, Federico; Mancini Griffoli, Tommaso - 2019
. Households with higher debt levels and lower shares of liquid assets are the most responsive to monetary policy, and the share of … these households in the population grew. Other factors, such as economic uncertainty, appear to have played a bigger role in … the decline of households' responsiveness to monetary policy …
Persistent link: https://www.econbiz.de/10012001512
Cover Image
The puzzle of Brazil's high interest rates
Segura-Ubiergo, Alex - 2012
Persistent link: https://www.econbiz.de/10009572504
Cover Image
Pressing the Indian growth accelerator : policy imperatives
Mohan, Rakesh; Kapur, Muneesh - 2015
India's real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the acceleration of investment in transport and infrastructure....
Persistent link: https://www.econbiz.de/10011281932
Cover Image
China’s demography and its implications
Lee, Il Houng; Qingjun, Xu; Syed, Murtaza - 2013
Persistent link: https://www.econbiz.de/10009726452
Cover Image
Dissecting saving dynamics : measuring wealth, precautionary, and credit effects
Carroll, Chris; Slacalek, Jirka; Sommer, Martin - 2012
We argue that the U.S. personal saving rate's long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious 'buffer stock' model of optimal consumption in the presence...
Persistent link: https://www.econbiz.de/10009622528
Cover Image
From global savings glut to financing infrastructure : the advent of investment platforms
Arezki, Rabah; Bolton, Patrick; Peters, Sanjay; Samama, … - 2016
tap into the pool of both public and private long-term savings in order to channel the latter into much needed …
Persistent link: https://www.econbiz.de/10011436772
Cover Image
Impact of demographic changes on inflation and the macroeconomy
Yoon, Jong-won; Kim, Jinill; Lee, Jungjin - 2014
Persistent link: https://www.econbiz.de/10010479415