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Climate change and central banks : what role for monetary policy?
Boneva, Lena; Ferrucci, Gianluigi; Mongelli, Francesco Paolo - In: Climate policy 22 (2022) 6, pp. 770-787
Persistent link: https://www.econbiz.de/10013363192
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On the effect of Cournot and Stackelberg competition in the banking sector on the investment cycle
Dalla, Eleni - In: International journal of monetary economics and finance 11 (2018) 5, pp. 499-515
Persistent link: https://www.econbiz.de/10011998333
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Duopolistic competition and monetary policy
Ueda, Kozo - In: Journal of monetary economics 135 (2023), pp. 70-85
Persistent link: https://www.econbiz.de/10014292088
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Market Structure and Monetary Non-neutrality
Mongey, Simon - 2021
competitive sectors—separately parameterized to match the same microdata on price flexibility—the oligopoly economy features a … parameters, output responses are five times larger. An oligopoly economy also (i) requires smaller menu costs and idiosyncratic … rationale for positive menu costs: in an oligopoly firms prefer a degree of rigidity to complete flexibility. Quantitatively …
Persistent link: https://www.econbiz.de/10013212404
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Market structure and monetary non-neutrality
Mongey, Simon - 2017
Persistent link: https://www.econbiz.de/10011795285
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Oligopoly banking, risky investment, and monetary policy
Altermatt, Lukas; Wang, Zijian - University of Essex / Department of Economics - 2021
Persistent link: https://www.econbiz.de/10013162739
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Oligopoly Banking, Risky Investment, and Monetary Policy
Altermatt, Lukas; Wang, Zijian - 2021
Oligopolistic competition in the banking sector and risk in the real economy are important characteristics of developed economies, but so far they have mostly been abstracted from monetary models. We build a dynamic general equilibrium model of monetary policy transmission that incorporates both...
Persistent link: https://www.econbiz.de/10013219369
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Oligopoly Banking, Risky Investment, and Monetary Policy
Altermatt, Lukas; Wang, Zijian - 2023
Oligopolistic competition in the banking sector and risk in the real economy are important characteristics of many economies. We build a model of monetary policy transmission that incorporates these characteristics which allows us to analyze the long-run consequences of variations in the degree...
Persistent link: https://www.econbiz.de/10014347397
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To be or not to be "green" : how can monetary policy react to climate change?
Boneva, Lena; Ferrucci, Gianluigi; Mongelli, Francesco Paolo - 2021
Climate change has profound effects not only for societies and economies, but also for central banks’ ability to deliver price stability in the future. This paper starts by documenting why climate change matters for monetary policy: it impacts the economic variables relevant to setting the...
Persistent link: https://www.econbiz.de/10012672320
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Climate change and monetary policy in the euro are
2021
This paper analyses the implications of climate change for the conduct of monetary policy in the euro area. It first investigates macroeconomic and financial risks stemming from climate change and from policies aimed at climate mitigation and adaptation, as well as the regulatory and fiscal...
Persistent link: https://www.econbiz.de/10012650745