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Identifying the depreciation rate of durables from marginal spending responses
Cao, Jin; Cui, Chao; Dinger, Valeriya; Holm, Martin Blomhoff - 2022
This paper presents a novel method to estimate the depreciation rate of durable goods using a combination of identified marginal and average spending shares. We apply our method to Chinese spending responses to disposable income changes induced by monetary policy in 2008-2009. The marginal...
Persistent link: https://www.econbiz.de/10012818789
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House prices, the distribution of household debt and the refinancing channel of monetary policy
Cumming, Fergus; Hubert, Paul - In: Economics letters 212 (2022), pp. 1-4
Persistent link: https://www.econbiz.de/10013442029
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The historical archives of the Banco di Napoli : a primary resource for social and economic history in a Mediterranean view
Avallone, Paola; Lombach, Giovanni - In: Banking and finance in the Mediterranean : a historical …, (pp. 295-308). 2012
Persistent link: https://www.econbiz.de/10009542370
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The structure of the Japanese economy : changes on the domestic and international fronts
Okabe, Mitsuaki (ed.) - 1995 - 1. publ.
Persistent link: https://www.econbiz.de/10013486622
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Central banks' transparency : words as signals
Cendron, Francesco; Tusset, Gianfranco - In: History of economic thought and policy 3 (2014) 2, pp. 49-76
Persistent link: https://www.econbiz.de/10010468602
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Asymmetric effects of interest rate changes : the role of the consumption-wealth channel
McDonald, Garry A.; Mullineux, Andrew W.; Sensarma, Rudra - In: Applied economics 43 (2011) 16/18, pp. 1991-2001
Persistent link: https://www.econbiz.de/10009380142
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The economic effects of a central bank reacting to house price inflation
Baldi, Guido - In: Journal of housing economics 26 (2014), pp. 119-125
Persistent link: https://www.econbiz.de/10011286224
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Monetary policy when households have debt : new evidence on the transmission mechanism
Cloyne, James; Ferreira, Clodomiro; Surico, Paolo - 2016
Persistent link: https://www.econbiz.de/10011480508
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'Real-world' mortages, consumption volatility and the low inflation environment
Barnes, Sebastian (contributor);  … - 2005
Persistent link: https://www.econbiz.de/10003267710
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Monetary policy and financial liberalisation : the case of United Kingdom consumption
Caporale, Guglielmo Maria; Williams, Geoffrey - 1998
Persistent link: https://www.econbiz.de/10001613902