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Demographics and real interest rates : inspecting the mechanism
Carvalho, Carlos Viana de; Ferrero, Andrea; Nechio, Fernanda - 2016
The demographic transition can affect the equilibrium real interest rate through three channels. An increase in longevity - or expectations thereof - puts downward pressure on the real interest rate, as agents build up their savings in anticipation of a longer retirement period. A reduction in...
Persistent link: https://www.econbiz.de/10011439850
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Demographics and real interest rates : inspecting the mechanism
Carvalho, Carlos Viana de; Ferrero, Andrea; Nechio, Fernanda - 2016
Persistent link: https://www.econbiz.de/10011532326
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Demographics and real interest rates : inspecting the mechanism
Carvalho, Carlos Viana de; Ferrero, Andrea; Nechio, Fernanda - In: European economic review : EER 88 (2016), pp. 208-226
Persistent link: https://www.econbiz.de/10011770871
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Money Creation : Death of the Money Multiplier
Faure, Alexander Pierre - 2013
the money multiplier model/strict money-rule model) and the interest rate-focused model. The former only exists in theory …
Persistent link: https://www.econbiz.de/10014158596
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Monetary policy, COVID-19 immunization, and risk in the US stock markets
Baek, Seungho; Lee, Kwan Yong - In: Cogent economics & finance 10 (2022) 1, pp. 1-12
We examine how monetary policy of the Federal Reserve System, COVID-19 mortality cases, and vaccinations are associated … vaccination and the movements. These findings are consistent with panel regression results. Specifically, we find that the … systemic COVID-19 shock in the US stock market is alleviated by an increase in the number of COVID-19 vaccination doses …
Persistent link: https://www.econbiz.de/10014500407
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Republic of Armenia : 2021 Article IV consultation, fourth and fifth reviews under the stand-by arrangement, and request for waiver of nonobservance of performance criterion and mo...
Internationaler Währungsfonds - 2021
Armenia has commenced a robust recovery from the deep 2020 recession, benefiting from strong policies and the lifting of the political uncertainty after the elections in June. A gradual but uneven improvement in the pandemic situation, pent-up demand, and the strengthening of public and private...
Persistent link: https://www.econbiz.de/10013169539
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Thailand : 2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Thailand
Internationaler Währungsfonds - 2021
A nascent recovery is underway in Thailand following the COVID-19 downturn. Ample policy buffers, underpinned by judicious management of public finances, allowed the authorities to implement a multipronged package of fiscal, monetary, and financial policies to mitigate the COVID-19 impact on...
Persistent link: https://www.econbiz.de/10012604437
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The Case Against Monetary Behavioral Incentives in the Context of COVID-19 Vaccination
Santos Rutschman, Ana; Wiemken, Timothy L. - 2021
In this essay, we examine and critique current proposals to offer monetary incentives for vaccination against COVID-19 … and public health value of COVID-19 vaccination. Moreover, they tap into existing socioeconomic and racial disparities …
Persistent link: https://www.econbiz.de/10013231668
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The backfiring effects of monetary and gift incentives on Covid-19 vaccination willingness
Zhanga, Xinrui; Lane, Tom - 2022
Policies offering material incentives for Covid-19 vaccination have been widely used around the world as countries … such interventions on vaccination willingness. We provide the first Covid-19 vaccine study to separately consider and … vaccination willingness than simply offering vaccines for free. The effects of money and gifts of equivalent value do not …
Persistent link: https://www.econbiz.de/10013389372
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The backfiring effects of monetary and gift incentives on Covid-19 vaccination intentions
Zhang, Xinrui; Lane, Tom - In: China economic review : an international journal 80 (2023), pp. 1-13
Persistent link: https://www.econbiz.de/10014338052