Narrow search
Showing 1 - 10 of 56
Cover Image
Saving and wealth inequality
De Nardi, Mariacristina; Fella, Giulio - 2017
Why are some people wealth rich while others are poor? To what extent can governments affect inequality? Which instruments should they use? Answering these questions requires understanding why people save. Dynamic quantitative models of wealth inequality can help us to understand and quantify...
Persistent link: https://www.econbiz.de/10011671879
Cover Image
International crises and policy responses in the Southern cone
Borensztein, Eduardo; Castilleja, Liliana; Hernaiz, Daniel - 2012
This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In contrast with earlier episodes when most...
Persistent link: https://www.econbiz.de/10011303276
Cover Image
A framework for assessing policy space in ASEAN+3 economies and the combat against COVID-19 pandemic
Chaipat Poonpatpibul; Hong, Seung Hyun; Choi, Jinho; … - 2020
Persistent link: https://www.econbiz.de/10012819595
Cover Image
The COVID-19 consumption game-changer : evidence from a large-scale multi-country survey
Hodbod, Alexander; Hommes, Cars H.; Huber, Stefanie J.; … - 2021
expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on …
Persistent link: https://www.econbiz.de/10012643267
Cover Image
Seigniorage and sovereign default : the response of emerging markets to COVID-19
Espino, Emilio; Kozlowski, Julian; Martin, Fernando M.; … - 2020
Persistent link: https://www.econbiz.de/10012306883
Cover Image
Global growth on life support? : the contributions of fiscal and monetary policy since the global financial crisis
Baumann, Ursel; Lodge, David; Miescu, Mirela S. - 2019
with a hierarchical structure we capture the variability of GDP response to policy shocks both between and within the … more homogeneous effects on GDP. We then quantify the policy contribution on GDP growth in the last decade by means of a … structural counterfactual analysis based on conditional forecasts. We find that global GDP growth benefited from substantial …
Persistent link: https://www.econbiz.de/10011987115
Cover Image
Dynamic effects of persistent shocks
Alloza, Mario; Gonzalo Muñoz, Jesus; Sanz, Carlos - 2019
Persistent link: https://www.econbiz.de/10012158755
Cover Image
Optimal fiscal policy and sovereign debt crises
Niemann, Stefan; Pichler, Paul - 2017
Persistent link: https://www.econbiz.de/10011763302
Cover Image
Managing the sovereign-bank nexus
Dell'Ariccia, Giovanni; Ferreira, Caio; Jenkinson, Nigel; … - 2018
This paper identifies the various channels that give rise to a "sovereign-bank nexus" whereby the financial health of banks and sovereigns is intertwined. We find that banks and sovereigns are linked by three interacting channels: banks hold large amounts of sovereign debt; banks are protected...
Persistent link: https://www.econbiz.de/10011901498
Cover Image
Policy rules and large crises in emerging markets
Espino, Emilio; Kozlowski, Julian; Martin, Fernando M.; … - 2022
Persistent link: https://www.econbiz.de/10013367808