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Inflation and relative price asymmetry
Rátfai, Attila (contributor) - 2004
Persistent link: https://www.econbiz.de/10001967631
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Intermediate inputs, external rebalancing and relative price adjustment
Bems, Rudolfs - 2014
Persistent link: https://www.econbiz.de/10010381938
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Money and prices in models of bounded rationality in high inflation economies
Marcet, Albert (contributor);  … - 2005
This paper studies the short run correlation of inflation and money growth. We study whether a model of learning does … better or worse than a model of rational expectations, and we focus our study on countries of high inflation. We take the …
Persistent link: https://www.econbiz.de/10002821110
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Inflation and relative price asymmetry
Ratfai, Attila - 2004
By placing store-level price data into bivariate Structural VAR models of inflation and relative price asymmetry, this … forecast error variance in inflation at the 12-month horizon. While the contemporaneous correlation between inflation and … relative price asymmetry is positive, idiosyncratic shocks lead to a substantial build-up in inflation only after two to five …
Persistent link: https://www.econbiz.de/10009636524
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How does competition affect efficiency and soundness in banking? : new empirical evidence
Schaeck, Klaus (contributor); Čihák, Martin (contributor) - 2008
A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization based approach to large data sets for European and U.S. banks, we offer new empirical evidence that efficiency plays a key role in the transmission from competition to soundness....
Persistent link: https://www.econbiz.de/10003789457
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Reverse causality in global current accounts
Schnabl, Gunther; Freitag, Stephan - 2010
The paper discusses global imbalances under the aspect of an asymmetric world monetary system. It identifies the US and Germany as center countries with rising / high current account deficits (US) and surpluses (Germany). These are matched by current account surpluses of countries stabilizing...
Persistent link: https://www.econbiz.de/10003973544
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Efficiency and risk in european banking
Fiordelisi, Franco; Marqués Ibáñez, David; Molyneux, … - 2010
We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks operating in the European Union. We find that reductions...
Persistent link: https://www.econbiz.de/10003973573
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Granger causality and regime inference in Bayesian Markov-switching VARs
Droumaguet, Matthieu; Warne, Anders; Woźniak, Tomasz - 2015
Persistent link: https://www.econbiz.de/10011288718
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Bank capital and liquidity creation : Granger-causality evidence
Horváth, Roman; Seidler, Jakub; Weill, Laurent - 2012
Persistent link: https://www.econbiz.de/10009765933
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The Euro Plus Pact : cost competitiveness and external capital flows in the EU countries
Gabrisch, Hubert; Stæhr, Karsten - 2014
Persistent link: https://www.econbiz.de/10010380058