Similar Search Results

Popov, Alexander - 2017

economic growth that has accumulated over the past quarter-century. The bulk of the historical evidence suggests that financial … development a¤ects economic growth in a positive, monotonic way, yet recent research endeavors have provided useful and important … society, as well as the channels through which finance can slow down long-term growth. …

Persistent link: https://www.econbiz.de/10011764391

The climate and the economy

Breckenfelder, Johannes; Maćkowiak, Bartosz; Marqués … - 2023

explores implications for growth, innovation, inflation, financial markets, fiscal policy, and several socio-economic outcomes …

Persistent link: https://www.econbiz.de/10014230344

Opening the black box : structural factor models with large cross-sections

Forni, Mario; Giannone, Domenico; Lippi, Marco; … - 2007

This paper shows how large-dimensional dynamic factor models are suitable for structural analysis. We establish sufficient conditions for identification of the structural shocks and the associated impulse-response functions. In particular, we argue that, if the data follow an approximate factor...

Persistent link: https://www.econbiz.de/10003410590

On approximating DSGE models by series expansions

Lombardo, Giovanni - 2010

We show how to use a simple perturbation method to solve non-linear rational expectation models. Drawing from the applied mathematics literature we propose a method consisting of series expansions of the non-linear system around a known solution. The variables are represented in terms of their...

Persistent link: https://www.econbiz.de/10008728767

Financial markets and green innovation

Aghion, Philippe; Boneva, Lena; Breckenfelder, Johannes; … - 2022

Fulfilling the commitments embedded in the Paris Agreement requires a climate-technology revolution. Patented innovation of low-carbon technologies is lower in the EU than in selected peers, and very heterogeneous across member states. We motivate this fact with an endogenous model of directed...

Persistent link: https://www.econbiz.de/10013285966

Institutional presence in secondary bank bond markets : how does it affect liquidity and volatility?

Oprică, Silviu; Weistroffer, Christian P. - 2019

Using newly available information on euro area sectoral holdings of securities, this paper investigates to what extent the presence of institutional investors affects volatility and liquidity in secondary bank bond markets. We find that non-bank financial intermediaries, in particular money...

Persistent link: https://www.econbiz.de/10012009073

Volatility spillovers of Federal Reserve and ECB balance sheet expansions to emerging market economies

Apostolou, Apostolos; Beirne, John - 2017

This paper examines volatility spillovers from changes in the size of the balance sheets of the Federal Reserve (FED) and European Central Bank (ECB) to emerging market economies (EMEs) from 2003 to 2014. We find that EME bond markets are most susceptible to positive volatility spillovers from...

Persistent link: https://www.econbiz.de/10011636172

Price drift before U.S. macroeconomic news : private information about public announcements?

Kurov, Alexander; Sancetta, Alessio; Strasser, Georg; … - 2016

Persistent link: https://www.econbiz.de/10011618283

Growth, real exchange rates and trade protectionism since the financial crisis

Georgiadis, Georgios; Gräb, Johannes - 2013

Persistent link: https://www.econbiz.de/10010233280

Labor share and growth in the long run

Charpe, Matthieu; Bridji, Slim; McAdam, Peter - 2019

This paper establishes some stylized facts of the long run relationship between growth and labor shares using … explaining a major part of the variance in the data. Further, the impact of labor share on growth changes sign with the frequency …

Persistent link: https://www.econbiz.de/10011987146

1
2
3
4
5
6
7
8
9
10
Next
Last