Similar Search Results

Financial shocks, credit spreads and the international credit channel

Cesa-Bianchi, Ambrogio; Sokol, Andrej - 2017

Persistent link: https://www.econbiz.de/10011912910

The reaction function channel of monetary policy and the financial cycle

Filardo, Andrew J.; Hubert, Paul; Phurichai … - 2019

Persistent link: https://www.econbiz.de/10012131160

The reaction function channel of monetary policy and the financial cycle

Filardo, Andrew J.; Hubert, Paul; Phurichai … - 2019

Persistent link: https://www.econbiz.de/10012233608

Financial Shocks, Credit Spreads and the International Credit Channel

Cesa-Bianchi, Ambrogio - 2017

Recent empirical evidence on the cross-country synchronization of credit spreads in response to US monetary policy … shocks has led to the notion of an ‘international credit channel' of US monetary policy. This paper provides novel evidence … on the existence of an international credit channel for the transmission of US financial shocks across borders, and …

Persistent link: https://www.econbiz.de/10012943439

Asymmetric macro-financial spillovers

Bluwstein, Kristina - 2017

The 2008 financial crisis has shown that financial busts can influence the real economy. However, there is less evidence to suggest that the same holds for financial booms. Using a Markov-Switching vector autoregressive model and euro area data, I show that financial booms tend to be less...

Persistent link: https://www.econbiz.de/10011617592

Financial shocks, credit spreads, and the international credit channel

Cesa-Bianchi, Ambrogio; Sokol, Andrej - In: Journal of international economics 135 (2022), pp. 1-18

Persistent link: https://www.econbiz.de/10013399904

The Euro Area credit crunch conundrum : was it demand or supply driven?

Pacicco, Fausto; Serati, Massimiliano; Venegoni, Andrea - In: Economic modelling 106 (2022), pp. 1-19

Persistent link: https://www.econbiz.de/10013347523

Bank capital, the state contingency of banks’ assets and its role for the transmission of shocks

Kühl, Michael - 2014

The role of bank capital as a propagation channel of shocks is strongly pronounced in recent macroeconomic models. In this paper, we show how the evolution of bank capital depends on the share of non-state-contingent assets in banks’ balance sheets and present the consequences for...

Persistent link: https://www.econbiz.de/10010415785

Mitigating financial stress in a bank-financed economy : equity injections into banks or purchases of assets?

Kühl, Michael - 2014

This paper compares the consequences of equity injections into banks with purchases of corporate and government bonds in a financial crisis situation using a New Keynesian model in which non-financial firms predominantly take non-market-based debt from banks instead of issuing securities. Our...

Persistent link: https://www.econbiz.de/10010394640

Introduction to Central Banking

Bindseil, Ulrich; Fotia, Alessio - 2021 - 1st ed. 2021.

This open access book gives a concise introduction to the practical implementation of monetary policy by modern central banks. It describes the conventional instruments used in advanced economies and the unconventional instruments that have been widely adopted since the financial crisis of...

Persistent link: https://www.econbiz.de/10012519928

1
2
3
4
5
6
7
8
9
10
Next
Last