Narrow search
Showing 1 - 10 of 1,737
Cover Image
The doug purvis memorial lecture : monetary/fiscal policy mix and financial stability : the medium term is still the message
Poloz, Stephen S. - 2016
Financial stability risks have become topical in the wake of the global financial crisis and the subsequent extended period of very low interest rates. This paper investigates the significance of the mix of monetary and fiscal policies for financial stability through counterfactual simulations...
Persistent link: https://www.econbiz.de/10011483812
Cover Image
Addressing household indebtedness : monetary, fiscal or macroprudential policy?
Alpanda, Sami; Zubairy, Sarah - 2014
In this paper, we build a dynamic stochastic general-equilibrium model with housing and household debt, and compare the effectiveness of monetary policy, housing-related fiscal policy, and macroprudential regulations in reducing household indebtedness. The model features long-term fixed-rate...
Persistent link: https://www.econbiz.de/10010457935
Cover Image
Using adaptive potential to counteract crisis situations in the context of ensuring financial security and business sustainability of enterprises
Andriі, Stasyshyn; Ruda, Iryna; Tkachuk, Dmytro; … - In: Financial internet quarterly 20 (2024) 2, pp. 15-25
counteracting crisis situations and increasing the level of financial security and business resilience of enterprises. The object of … financial security and business sustainability of enterprises. The research methodology involves the use of expert analysis … situations. The study is limited by not taking into account the specifics of specific enterprises. Prospects for further research …
Persistent link: https://www.econbiz.de/10014636626
Cover Image
Bank leverage regulation and macroeconomic dynamics
Christensen, Ian; Meh, Césaire Assah; Moran, Kevin - 2011
This paper assesses the merits of countercyclical bank balance sheet regulation for the stabilization of financial and economic cycles and examines its interaction with monetary policy. The framework used is a dynamic stochastic general equilibrium model with banks and bank capital, in which...
Persistent link: https://www.econbiz.de/10009728167
Cover Image
A general equilibrium model with banks and default on loans
Takamura, Tamon - 2013
During the recent financial crisis in the U.S., banks reduced new business lending amidst concerns about borrowers' ability to repay. At the same time, firms facing higher borrowing costs alongside a worsening economic outlook reduced investment. To explain these aggregate business cycle...
Persistent link: https://www.econbiz.de/10009690835
Cover Image
A policy model to analyze macroprudential regulations and monetary policy
Alpanda, Sami; Cateau, Gino; Meh, Césaire Assah - 2014
We construct a small-open-economy, New Keynesian dynamic stochastic generalequilibrium model with real-financial linkages to analyze the effects of financial shocks and macroprudential policies on the Canadian economy. Our model has four key features. First, it allows for non-trivial...
Persistent link: https://www.econbiz.de/10010238951
Cover Image
Dating systemic financial stress episodes in the EU countries
Duprey, Thibaut; Klaus, Benjamin; Peltonen, Tuomo - 2016
This paper introduces a new methodology to date systemic financial stress events in a transparent, objective and reproducible way. The financial cycle is captured by a monthly country-specific financial stress index. Based on a Markov-switching model, high financial stress regimes are...
Persistent link: https://www.econbiz.de/10011441674
Cover Image
Fragility of resale markets for securitized assets and policy of asset purchases
Kuncl, Martin - 2016
Markets for securitized assets were characterized by high liquidity prior to the recent financial crisis and by a sudden market dry-up at the onset of the crisis. A general equilibrium model with heterogeneous investment opportunities and information frictions predicts that, in boom periods or...
Persistent link: https://www.econbiz.de/10011552808
Cover Image
Implementing cross-border interbank lending in BoC-GEM-FIN
Shukayev, Malik; Toktamyssov, Argyn - 2016
Persistent link: https://www.econbiz.de/10011542953
Cover Image
A policy model to analyze macroprudential regulations and monetary policy
Alpanda, Sami; Cateau, Gino; Meh, Césaire Assah - 2014
Persistent link: https://www.econbiz.de/10010433950