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Investigating inflation persistence across monetary regimes

Benati, Luca (contributor) - 2008

Under inflation targeting inflation exhibits negative serial correlation in the United Kingdom, and little or no persistence in Canada, Sweden and New Zealand, and estimates of the indexation parameter in hybrid New Keynesian Phillips curves are either equal to zero, or very low, in all...

Persistent link: https://www.econbiz.de/10003636070

On the international spillovers of US quantitative easing

Fratzscher, Marcel; Lo Duca, Marco; Straub, Roland - 2013

Persistent link: https://www.econbiz.de/10009766400

Capital flows-at-risk : push, pull and the role of policy

Eguren-Martin, Fernando; O'Neill, Cian; Sokol, Andrej; … - 2021

We characterise the probability distributions of various categories of gross capital flows conditional on information contained in financial asset prices in a panel of emerging market economies, with a focus on "tail" events. Our framework, based on the quantile regression methodology, allows...

Persistent link: https://www.econbiz.de/10012503534

The global capital flows cycle : structural drivers and transmission channels

Habib, Maurizio Michael; Venditti, Fabrizio - 2019

In this paper, we study the effects of structural shocks that influence global risk - the main factor behind a "global capital flows cycle" - and how risk, in turn, is transmitted to capital flows. Our results show that not all the risk shocks driving the global financial cycle have the same...

Persistent link: https://www.econbiz.de/10012009141

Investment funds, monetary policy, and the global financial cycle

Kaufmann, Christoph - 2020

equities and debt globally. Focussing on the euro area, these inflows do not only imply elevated asset prices, but also … coincide with increased debt and equity issuance. The findings demonstrate the growing importance of non-bank financial …

Persistent link: https://www.econbiz.de/10012316994

Behavioural characteristics and financial distress

McCarthy, Yvonne - 2011

characteristics on personal finances. - Personal Finance ; Financial Strain ; Debt ; Behaviour ; Financial Literacy …

Persistent link: https://www.econbiz.de/10008902392

The determinants of 'domestic' original sin in emerging market economies

Mehl, Arnaud (contributor); Reynaud, Julien (contributor) - 2005

This paper explains why domestic debt composition in emerging economies is risky. It carries out an analysis of the … domestic debt composition, which encompasses maturity mismatches, rollover risk and interest payment contingency. The paper … inflation is lofty, the debt service-to-GDP ratio high, the slope of the yield curve inverted and the investor base narrow …

Persistent link: https://www.econbiz.de/10003230322

Euro area corporate debt securities market : first empirical evidence

Bondt, Gabe de (contributor) - 2002

Persistent link: https://www.econbiz.de/10001702813

The great Irish (de)leveraging 2005-14

Lydon, Reamonn; McIndoe-Calder, Tara - 2017

- relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …

Persistent link: https://www.econbiz.de/10011647888

The dynamics of non-performing loans during banking crises : a new database

Ari, Anil; Chen, Sophia; Ratnovski, Lev - 2020

This paper presents a new dataset on the dynamics of non-performing loans (NPLs) during 88 banking crises since 1990. The data show similarities across crises during NPL build-ups but less so during NPL resolutions. We find a close relationship between NPL problems-elevated and unresolved...

Persistent link: https://www.econbiz.de/10012206258