Similar Search Results

The short- and long-run employment impact of COVID-19 through the effects of real and financial shocks on new firms.

Albert, Christoph; Caggese, Andrea; González, Beatriz - 2020

En este artículo usamos la evidencia empírica más reciente disponible para predecir el impacto del shock del Covid-19 en la tasa de entrada de empresas, en especial en la entrada de empresas de alto crecimiento, y en sus implicaciones en la creación de empleo a corto y a largo plazo. El...

Persistent link: https://www.econbiz.de/10012525351

What role, if any, can market discipline play in supporting macroprudential policy?

Nieto Carol, María Jesús - 2012

This paper focuses on market discipline as a necessary condition to preserve the signaling content of balance sheet indicators and market prices as macroprudential tools. It argues that market discipline enhances the information content of market prices by reflecting the expected private cost of...

Persistent link: https://www.econbiz.de/10012529572

Boom-bust cycles, imbalances and discipline in Europe : dynamics during financial stress

Alberola Ila, Enrique; Molina Sánchez, Luis; Río … - 2012

The fallout from the 2008 financial crisis has been particularly acute in the euro area Member States of the south-western rim and in the new EU Member States, due to their previously accumulated macroeconomic and financial imbalances. The perception that the euro environment provided a solid...

Persistent link: https://www.econbiz.de/10012530382

Heterogeneity and cross-country spillovers in macroeconomic-financial linkages

Ciccarelli, Matteo; Ortega Eslava, Eva; Valderrama, …

We investigate heterogeneity and spillovers in macro-financial linkages across developed economies, with a particular emphasis on the most recent recession. A panel Bayesian VAR model including real and financial variables identifies a statistically signifi cant common component, which proves to...

Persistent link: https://www.econbiz.de/10012530404

The failure to predict the Great Recession : the failure of academic economics? : a view focusing on the role of credit

Gadea Rivas, María Dolores; Pérez Quirós, Gabriel - 2012

Much has been written about why economists failed to predict the latest fi nancial and real crisis. Reading the recent literature, it seems that the crisis was so obvious that economists must have been blind when looking at data not to see it coming. In this paper, we analyze whether such claims...

Persistent link: https://www.econbiz.de/10012530408

Decentralized multinational banks and risk taking : the Spanish experience in the crisis

Argimón Maza, Isabel - 2017

En este trabajo se analizan los efectos de los grupos bancarios multinacionales y descentralizados, caracterizados por la gran autonomía de sus afiliados en el exterior, sobre el riesgo del banco, utilizando información confidencial de la supervisión española. Tener actividad en el...

Persistent link: https://www.econbiz.de/10012530590

The G-20 regulatory agenda and bank risk

Cabrera, Matías; Dwyer, Gerald P.; Nieto Carol, María … - 2018

Utilizando una muestra de bancos cotizados de Estados Unidos, Europa, Japón y China durante el período 2004-2014, los autores analizan el impacto que el nuevo marco de regulación prudencial aprobado en el G-20 tras la gran crisis financiera tiene sobre el riesgo bancario. El riesgo se mide en...

Persistent link: https://www.econbiz.de/10012532174

The effects of the ECB’s unconventional monetary policies from 2011 to 2018 on banking assets

Dwyer, Gerald P.; Gilevska, Biljana; Nieto, María J.; …

En este trabajo estudiamos los efectos de las tres principales políticas monetarias no convencionales del Banco Central Europeo (BCE) en los bancos de la zona del euro desde 2011. Más concretamente, nos centramos en el impacto sobre los préstamos, cartera de soberanos y depósitos en bancos...

Persistent link: https://www.econbiz.de/10014573601

Die implikasie van 'n minimumloon vasstelling vir die landbousektor in die Noordwes-provinsie / Linda Grimbeek

Grimbeek, Linda - 2006

Poverty is a significant world wide issue. Although literature on the impact of aminimum wage in the agricultural sector is rather limited, previous empirical researchshows that employment was reduced with the implementation of a minimum wage.The following questions are studied:- Does the...

Persistent link: https://www.econbiz.de/10009455952

Lucas, Keynes, and the Crisis

Laidler, David - 2009

on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the … subdiscipline has evolved. It considers some implications for today's awkward economic facts of aspects of Keynes' General Theory … that the questions about co-ordination that Keynes addressed, not to mention some of his answers, are well worth revisiting. …

Persistent link: https://www.econbiz.de/10009447272