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We analyse German citizens' knowledge about monetary policy and the European Central Bank (ECB), as well as the public … knows about the ECB and (ii) the person's actual knowledge. The media-related influence varies by level of education and is … stronger for subjective knowledge. Women are significantly less interested in and knowledgeable about the ECB. We conclude that …
Persistent link: https://www.econbiz.de/10010508550
In this paper, we analyse the effects of objective and subjective knowledge about monetary policy, as well as the … German households conducted in 2011. We find that subjective and factual knowledge, as well as the desire to be informed …, about the ECB foster citizens' trust. Specific knowledge about the ECB is more influential than general monetary policy …
Persistent link: https://www.econbiz.de/10010196544
In this paper, we analyse the effects of objective and subjective knowledge about monetary policy, as well as the … German households conducted in 2011. We find that subjective and factual knowledge, as well as the desire to be informed …, about the ECB foster citizens trust. Specific knowledge about the ECB is more influential than general monetary policy …
Persistent link: https://www.econbiz.de/10010482584
We investigate the secular increase in the corporate cash holding over the period 1980-2006. We show that along with firm characteristic–related variables, monetary policy and banking structure have a significant bearing on corporate cash holdings, as they determine the opportunity cost of...
Persistent link: https://www.econbiz.de/10012975214
Persistent link: https://www.econbiz.de/10003374632
Persistent link: https://www.econbiz.de/10009518475
Persistent link: https://www.econbiz.de/10003390699
This article challenges the validity of the the assumption that monetary policymakers can correctly identify asset price bubbles in time to respond preemptively (or at least usefully). This is something where many policymakers even previously skeptical now feel they can be like Supreme Court...
Persistent link: https://www.econbiz.de/10013083531
, researcherís work helps develop new ideas to add to firm's knowledge capital that enhances its productivity for many periods. The … long-lived effect of knowledge capital on productivity is analogous to the long-lasting effect of consumer durables on … knowledge capital. We show, however, that the relative role of the pricing of the two production inputs analogous to consumption …
Persistent link: https://www.econbiz.de/10012024683
-conflict model of exchange rate determination, and is within an umbrella theory of Pope, namely SKAT, the Stages of Knowledge Ahead … regime ; exchange rate volatility ; experiment ; SKAT the Stages of Knowledge Ahead Theory ; monetary policy ; transparent … Theory. SKAT allows for risk effects from stages omitted in normal models, including those from (a) difficulties of agents in …
Persistent link: https://www.econbiz.de/10003906415