Narrow search
Showing 1 - 10 of 8,710
Cover Image
New instruments for banking regulation and monetary policy after the crisis
Detzer, Daniel - 2012
This paper analyzes two instruments - asset-based reserve requirements put forward by Thomas Palley and asset-based capital requirements proposed by Charles Goodhart and Avinash Persaud - regarding their merits in reducing excessive asset price inflation. A theoretical framework of asset pricing...
Persistent link: https://www.econbiz.de/10009550219
Cover Image
Worry-Free Inflation-Indexing for Sovereigns - How Governments Can Effectively Deliver Inflation-Indexed Returns to Their Citizens and Retirees
Bodie, Zvi - 2012
In this paper we explore how small countries such as Malaysia, Singapore, and Taiwan, can offer their aging populations the means to protect their retirement income against inflation without the governments directly issuing inflation-protected bonds. While inflation swaps are a well-known means...
Persistent link: https://www.econbiz.de/10013114670
Cover Image
Arbitrage in International Sovereign Debt Markets? Evidence from the Inflation Protected Securities of Six Countries
Kita, Arben - 2019
largest for the eurozone. Testing the strategy's exposure to deflation, volatility, liquidity, and macroeconomic risks shows …
Persistent link: https://www.econbiz.de/10012857785
Cover Image
Liquidity risk and monetary policy
Sauer, Stephan - 2007
This paper provides a framework to analyse emergency liquidity assistance of central banks on financial markets in … response to aggregate and idiosyncratic liquidity shocks. The model combines the microeconomic view of liquidity as the ability … to sell assets quickly and at low costs and the macroeconomic view of liquidity as a medium of exchange that influences …
Persistent link: https://www.econbiz.de/10003951417
Cover Image
Inflation, Growth and Exchange Rate Regimes in Small Open Economies
Hernandez-Verme, Paula - Volkswirtschaftliche Fakultät, … - 2002
Summary. This is an extended working paper version of the paper that appeared in Economic Theory. It paper compares the merits of alternative exchange rate regimes in small open economies where financial intermediaries perform a real allocative function, there are multiple reserve requirements,...
Persistent link: https://www.econbiz.de/10005037728
Cover Image
The Relationship between Mutual Funds – Inflation Rate and Benchmark Interest Rate : USA Versus Romania
Diaconasu, Delia Elena - 2011
The main aim of this article is to present the correlations between different macroeconomic indicators such as inflation rate or interest rate and the dynamics of investment fund in U.S. and Romania. The direct relationship between inflation rate and net subscription of stock funds in the US...
Persistent link: https://www.econbiz.de/10013130663
Cover Image
The Role of Information Asymmetries and Inflation Hedging in International Equity Portfolios
Giofré, Maela - 2009
We investigate the role of information asymmetries and inflation hedging in shaping international equity portfolios. We confirm, in a multinational setting, Cooper and Kaplanis (1994) result of no inflation hedging motive driving investors' behavior and find evidence of a crucial role for...
Persistent link: https://www.econbiz.de/10013159816
Cover Image
Cryptocurrencies Meet Inflation Theory
Andrikopoulos, Thanos - 2018
Using concepts from inflation theory, this study examines the relationship between the returns and volatility of cryptocurrencies. We take Bitcoin, Ethereum, Litecoin and Ripple as the four most popular cryptocurrencies in the market and analyse the relationship between their returns and...
Persistent link: https://www.econbiz.de/10012911801
Cover Image
Bitcoin's Price Alchemy : Unraveling the Influence of Macro Announcements on Volatility and Trading Volume in an Era of Rising Inflation
Johansson, Andreas; Vilhelmsson, Anders - 2023
Using high-frequency price and volume data from several large exchanges, we show that FOMC and CPI announcements have a massive impact on Bitcoin's realized volatility and volume. However, this effect is a recent phenomenon, which started as inflation rose at the beginning of 2021. We also...
Persistent link: https://www.econbiz.de/10014350108
Cover Image
Inflation, political instability and stockmarket volatility in interwar Germany
Voth, Hans Joachim - Department of Economics and Business, Universitat … - 2001
What determined the volatility of asset prices in Germany between the wars? This paper argues that the influence of political factors has been overstated. The majority of events increasing political uncertainty had little or no effect on the value of German assets and the volatility of returns...
Persistent link: https://www.econbiz.de/10005707943