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This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …
Persistent link: https://www.econbiz.de/10012489274
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …
Persistent link: https://www.econbiz.de/10012597339
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … Survey. Unlike previous studies, we find a negative effect of households' indebtedness on their consumption, even in the …
Persistent link: https://www.econbiz.de/10012606471
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … Survey. Unlike previous studies, we find a negative effect of households' indebtedness on their consumption, even in the …
Persistent link: https://www.econbiz.de/10012437753
Persistent link: https://www.econbiz.de/10012505939
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …
Persistent link: https://www.econbiz.de/10012486606
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …
Persistent link: https://www.econbiz.de/10012494203
, coordinated messages that are anchored in the central banks' mandate are essential. We focus upon transparency and "forward … effectiveness of central bank's policies can be improved through more transparency and "forward guidance". We do so by highlighting …Dieser Beitrag untersucht eine Reihe von wichtigen Fragen bezüglich der Transparenz und der Rechenschaftslegung von …
Persistent link: https://www.econbiz.de/10011645012
After the dramatic rescue package for the euro area, the governing council of the European Central Bank decided to purchase European government bonds - to ensure an 'orderly monetary policy transmission mechanism'. Many observers argued that, by bond purchases, national fiscal policies could...
Persistent link: https://www.econbiz.de/10010273588
After the dramatic rescue package for the euro area, the governing council of the European Central Bank decided to purchase European government bonds - to ensure an 'orderly monetary policy transmission mechanism'. Many observers argued that, by bond purchases, national fiscal policies could...
Persistent link: https://www.econbiz.de/10010327302