Showing 1 - 10 of 24,090
policy widens credit market discrimination, i.e., female-owned and -managed firms receive less funds during a tight monetary … market discrimination. We find that credit market discrimination during the contractionary period is relatively lower (higher …
Persistent link: https://www.econbiz.de/10014518048
bias for money. In this paper, we compare estimates of present bias for money with estimates for healthy and unhealthy … foods. In a within-subjects longitudinal experiment with 697 low-income Chinese high school students we find strong present … bias for both money and food, and that individual measures of present bias are moderately correlated across reward types …
Persistent link: https://www.econbiz.de/10012829926
, we show that an inflation bias as well as a deflationary bias exist as a steady-state outcome. We assess the predictions …
Persistent link: https://www.econbiz.de/10012317310
Persistent link: https://www.econbiz.de/10012063405
, we show that an inflation bias as well as a deflationary bias exist as a steady-state outcome. We assess the predictions …
Persistent link: https://www.econbiz.de/10012181222
another, making a government-cheerleading bias.tract Body] …
Persistent link: https://www.econbiz.de/10012836242
monetary policy shocks. Endogeneity implies a correlation between regressors and the error term, and hence, an asymptotic bias … Keynesian model that the asymptotic OLS bias is proportional to the fraction of the variance of regressors accounted for by … in monetary policy rules, the endogeneity bias is small. Using simulations, we show that, for realistic sample sizes, the …
Persistent link: https://www.econbiz.de/10012604681
Persistent link: https://www.econbiz.de/10011898967
How much information should a central bank (CB) have about (i) policy objectives and (ii) operational shocks to the effect of monetary policy? We consider a version of the Barro–Gordon credibility problem in which monetary policy signals an inflation-biased CB's private information on both...
Persistent link: https://www.econbiz.de/10011856711
Persistent link: https://www.econbiz.de/10011752658