Narrow search
Showing 1 - 10 of 11,396
Cover Image
U.S. Monetary Policy Transmission and Liquidity Risk Premia Around the World
Karolyi, George Andrew - 2019
We uncover a link between U.S. monetary policy and liquidity risk premia in stock markets around the world. Liquidity … points decline in the liquidity risk premium. This effect is concentrated among high liquidity risk stocks and is more acute ….S. monetary policy shocks affect the pricing of liquidity risk around the world and highlight the importance of a “bank channel …
Persistent link: https://www.econbiz.de/10012869570
Cover Image
Crossing the credit channel : credit spreads and firm heterogeneity
Anderson, Gareth; Cesa-Bianchi, Ambrogio - 2020 - This draft: January 29, 2020
Persistent link: https://www.econbiz.de/10012172909
Cover Image
Crossing the credit channel : credit spreads and firm heterogeneity
Cesa-Bianchi, Ambrogio - 2020
Persistent link: https://www.econbiz.de/10012211022
Cover Image
Crossing the credit channel : credit spreads and firm heterogeneity
Anderson, Gareth; Cesa-Bianchi, Ambrogio - 2020
Persistent link: https://www.econbiz.de/10012203060
Cover Image
Central banks, stock markets, and the real economy
Caballero, Ricardo J.; Simsek, Alp - 2023
Persistent link: https://www.econbiz.de/10014435256
Cover Image
Time-varying risk shocks and the zero lower bound
Strobel, Johannes; Lee, Gabriel S.; Salyer, Kevin Duff - 2019
This paper shows that increased volatility of Örm-level productivity can push the nominal interest rate to its lower bound with large amplification effects on macroeconomic aggregates. The framework combines a simple canonical Önancial accelerator model, time varying risk shocks, and a zero...
Persistent link: https://www.econbiz.de/10012231163
Cover Image
On monetary policy and stock market anomalies
Kontonikas, Alexandros; Kostakis, Alexandros - In: Journal of business finance & accounting : JBFA 40 (2013) 7/8, pp. 1009-1042
Persistent link: https://www.econbiz.de/10010205968
Cover Image
Divergent emerging market economy responses to global and domestic monetary policy shocks
Choi, Woon Gyu; Kang, Taesu; Kim, Geun Young; Lee, Byongju - 2017
We assess the effect of the United States (US) and domestic monetary policies on emerging market economies (EMEs) using a panel factor-augmented vector autoregressive model. We find a US policy rate hike outstrips a tantamount hike in EME policy rates in its impacts on EMEs and discover that...
Persistent link: https://www.econbiz.de/10011771771
Cover Image
The risk spread, investment, and monetary policy transmission : evidence on the role of asymmetric information
Schaller, Huntley; Ng, Serena - 1993 - Rev
Persistent link: https://www.econbiz.de/10000858898
Cover Image
The interest rate effects of government bond purchases away from the lower bound
De Rezende, Rafael B. - 2016
I analyze the recent experience of unconventional monetary policy in Sweden to study the interest rate transmission mechanisms of government bond purchases when interest rates are not constrained by a lower bound. Using dynamic term structure models and event study regressions I find that...
Persistent link: https://www.econbiz.de/10011471465