Narrow search
Showing 1 - 10 of 138
Cover Image
Supply and demand effects of unemployment insurance benefit extensions : evidence from U.S. counties
Hellwig, Klaus-Peter - 2021
I use three decades of county-level data to estimate the effects of federal unemployment benefit extensions on economic activity. To overcome the reverse causality coming from the fact that benefit extensions are a function of state unemployment rates, I only use the within-state variation in...
Persistent link: https://www.econbiz.de/10012518891
Cover Image
Understanding the use of long-term finance in developing economies
Martínez Pería, María Soledad; Schmukler, Sergio L. - 2017
This short paper reviews recent literature on the use of long-term finance in developing economies (relative to advanced ones) to identify where long-term financing occurs, and what role different financial intermediaries and markets play in extending this type of financing. Although banks are...
Persistent link: https://www.econbiz.de/10011671079
Cover Image
Swing pricing and fragility in open-end mutual funds
Jin, Dunhong; Kacperczyk, Marcin; Kahraman, Bige; … - 2019
How to prevent runs on open-end mutual funds? In recent years, markets have observed an innovation that changed the way open-end funds are priced. Alternative pricing rules (known as swing pricing) adjust funds' net asset values to pass on funds' trading costs to transacting shareholders. Using...
Persistent link: https://www.econbiz.de/10012154553
Cover Image
In search of lost time : examining the duration of sudden stops in capital flows
David, Antonio C.; Gonçalves, Carlos Eduardo Soares - 2019
This paper investigates what factors affect the duration of sudden stops in capital flows using quarterly data for a … sudden stop state by between 50 to 80 percent. Flexible exchange rate regimes significantly shorten the duration of output … decelerations following sudden stops by over 30 percent. Positive variations in terms of trade also abbreviate the duration of …
Persistent link: https://www.econbiz.de/10012154578
Cover Image
Can Institutional Reform Reduce Job Destruction and Unemployment Duration? : Yes it Can
Pérez Ruiz, Esther - 2012
along the curve reveals its preferences over the destruction-duration mix, while its distance from the origin indicates the …
Persistent link: https://www.econbiz.de/10014412162
Cover Image
Mortgage defaults
Hatchondo, Juan Carlos; Martinez, Leonardo; Sanchez, Juan M. - 2012
Persistent link: https://www.econbiz.de/10009423925
Cover Image
Financial cycles : what? how? when?
Claessens, Stijn; Kose, M. Ayhan; Terrones, Marco E. - 2011
Persistent link: https://www.econbiz.de/10009486246
Cover Image
The effects of housing prices and monetary policy in a currency union
Aspachs-Bracons, Oriol; Rabanal, Pau - 2010
Persistent link: https://www.econbiz.de/10009488693
Cover Image
Global liquidity, house prices, and the macroeconomy : evidence from advanced and emerging economies
Cesa-Bianchi, Ambrogio; Céspedes, Luis Felipe; … - 2015
Persistent link: https://www.econbiz.de/10011282764
Cover Image
Price expectations and the U.S. housing boom
Towbin, Pascal; Weber, Sebastian - 2015
Between 1996 and 2006 the U.S. has experienced an unprecedented boom in house prices. As it has proven to be difficult to explain the large price increase by observable fundamentals, many observers have emphasized the role of speculation, id est expectations about future price developments. The...
Persistent link: https://www.econbiz.de/10011373920