Narrow search
Showing 1 - 10 of 126
Cover Image
Capital flow management measures : what are they good for?
Forbes, Kristin; Fratzscher, Marcel; Straub, Roland - 2015
Persistent link: https://www.econbiz.de/10010485602
Cover Image
Inflation targeting as a shock absorber
Fratzscher, Marcel; Große Steffen, Christoph; Rieth, Malte - 2018
We study the characteristics of inflation targeting as a shock absorber, using quarterly data for a large panel of countries. To overcome an endogeneity problem between monetary regimes and the likelihood of crises, we propose to study large natural disasters. We find that inflation targeting...
Persistent link: https://www.econbiz.de/10011790769
Cover Image
The role of central bank transparency for guidng private sector forecasts
Ehrmann, Michael; Eijffinger, Sylvester C. W.; … - 2009
Persistent link: https://www.econbiz.de/10003931234
Cover Image
The role of central bank transparency for guiding private sector forecasts
Ehrmann, Michael; Eijffinger, Sylvester C. W.; … - 2010
There is a broad consensus in the literature that costs of information processing and acquisition may generate costly disagreements in expectations among economic agents, and that central banks may play a central role in reducing such dispersion in expectations. This paper analyses empirically...
Persistent link: https://www.econbiz.de/10003969574
Cover Image
Basel III : long-term impact on economic performance and fluctuations
Angelini, Paolo; Clerc, Laurent; Cúrdia, Vasco; … - 2011
Persistent link: https://www.econbiz.de/10008903838
Cover Image
BASEL III : long-term impact on economic performance and fluctuations
Angelini, Paolo; Clerc, Laurent; Cúrdia, Vasco; … - 2011
Persistent link: https://www.econbiz.de/10009382003
Cover Image
BASEL III: long-term impact on economic performance and fluctuations
Angelini, Paolo; Clerc, Laurent; Cúrdia, Vasco; … - 2011
level of steadystate output, relative to the baseline. The impact of the new liquidity regulation is of a similar order of …
Persistent link: https://www.econbiz.de/10008935715
Cover Image
Basel III : long-term impact on economic performance and fluctuations
Angelini, Paolo; Clerc, Laurent; Cúrdia, Vasco; … - 2011
Persistent link: https://www.econbiz.de/10009540647
Cover Image
Understanding global liquidity
Eickmeier, Sandra; Gambacorta, Leonardo; Hofmann, Boris - 2013
We explore the concept of global liquidity based on a factor model estimated using a large set of financial and … macroeconomic variables from 24 advanced and emerging market economies. We measure global liquidity conditions based on the common … global factors in the dynamics of liquidity indicators. By imposing theoretically motivated sign restrictions on factor …
Persistent link: https://www.econbiz.de/10009711229
Cover Image
Understanding global liquidity
Eickmeier, Sandra; Gambacorta, Leonardo; Hofmann, Boris - 2013
We explore the concept of global liquidity based on a factor model estimated using a large set of financial and … macroeconomic variables from 24 advanced and emerging market economies. We measure global liquidity conditions based on the common … global factors in the dynamics of liquidity indicators. By imposing theoretically motivated sign restrictions on factor …
Persistent link: https://www.econbiz.de/10009720899