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Inventory accelerator in general equilibrium
Wang, Peng-Fei; Wen, Yi - 2009
Persistent link: https://www.econbiz.de/10003820336
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Bank-based or market-based financial sources : which is better for the EU?
Esposito, Piero; Larocca, Vittorio; Messori, Marcello; … - 2021
Persistent link: https://www.econbiz.de/10013169329
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Inventories, liquidity, and the macroeconomy
Wen, Yi (contributor) - 2008
Persistent link: https://www.econbiz.de/10003783621
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What inventories tell us about aggregate fluctuations : a tractable approach to (S,s) policies
Wang, Pengfei; Wen, Yi; Xu, Zhiwei - 2012
Persistent link: https://www.econbiz.de/10009667723
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Inventories, employment and hours
Galeotti, Marzio; Maccini, Louis J.; Schiantarelli, Fabio - 2002
The purpose of this paper is to develop a model that integrates inventory and labor decisions. We extend a model of inventory behavior to include a detailed specification of the role of labor input in the production process and of the costs associated with it. In particular, we distinguish...
Persistent link: https://www.econbiz.de/10011596499
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Macroprudential supervision : from theory to policy
Schoenmaker, Dirk; Wierts, Peter - 2015
Financial supervision focuses on the aggregate (macroprudential) in addition to the individual (microprudential). But an agreed framework for measuring and addressing financial imbalances is lacking. We propose a holistic approach for the financial system as a whole, beyond banking. Building on...
Persistent link: https://www.econbiz.de/10011389515
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Unconventional monetary policy, leverage & default dynamics
Palombo, Edoardo - 2020
The objective of this paper to investigate the effectiveness of credit easing policy in mitigating the economic fallout from a financial recession using a model that can account for the observed default and leverage dynamics during the financial crisis of 2007. A general equilibrium model is...
Persistent link: https://www.econbiz.de/10012243296
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Internationalising the currency while leveraging massively : the case of China
García Herrero, Alicia - 2015
This paper reviews the steps that China has taken towards financial reform with a particular focus on capital account …, China's debt has doubled, reaching levels that are clearly above those of most emerging markets. This increases the risks … embedded in financial reform and, in particular, capital account liberalisation. At this juncture, however, China has no option …
Persistent link: https://www.econbiz.de/10011384045
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Input and output inventory dynamics
Wen, Yi (contributor) - 2008
Persistent link: https://www.econbiz.de/10003741404
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Input and output inventory dynamics
Wen, Yi - 2011
This paper develops an analytically tractable general-equilibrium model of inventory dynamics based on a precautionary stockout-avoidance motive. The model's predictions are broadly consistent with the U.S. business cycle and key features of inventory behavior. It is also shown that...
Persistent link: https://www.econbiz.de/10008986866