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Refugee inflows and the macroeconomy
Beyer, Robert - In: Essays on current macroeconomic challenges in Europe, (pp. 49-78). 2016
Persistent link: https://www.econbiz.de/10012320241
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China’s Pseudo-Monetary Policy
Deng, Yongheng - 2014
China's recent monetary stimulation has substantially boosted economic. We argue that its efficacy derives from state control over its banking and corporate sectors. Beijing ordered state-owned banks to lend, and they lent. Beijing ordered centrally-controlled state-owned enterprises (SOEs) to...
Persistent link: https://www.econbiz.de/10013068488
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Do business groups affect corporate cash holdings? : evidence from a transition economy
Cai, Weixing; Zeng, Cheng; Lee, Edward; Ozkan, Neslihan - In: China journal of accounting research : CJAR 9 (2016) 1, pp. 1-24
We examine whether business groups’ influence on cash holdings depends on ownership. Group affiliation can increase firms’ agency costs or benefit firms by providing an internal capital market, especially in transition economies characterized by weak investor protection and difficult...
Persistent link: https://www.econbiz.de/10011844586
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On the Response of Inflation and Monetary Policy to an Immigration Shock
Garcia, Benjamin - 2020
An immigration shock has an ambiguous effect on inflation. On one hand, aggregate consumption increases with a suddenly …. The response of an inflation-targeting central bank to an immigration shock is, therefore, not obvious. We study these … country that has experienced a substantial immigration flow in recent years …
Persistent link: https://www.econbiz.de/10012834823
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The educational and occupational background of central bankers and its effect on inflation : an empirical analysis
Göhlmann, Silja; Vaubel, Roland - In: European economic review : EER 51 (2007) 4, pp. 925-941
Persistent link: https://www.econbiz.de/10003464353
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Economic fluctuations in a labor market with heterogeneous agents
Khalifa, Sherif - 2006
Persistent link: https://www.econbiz.de/10009261385
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Does monetary policy affect relative educational unemployment rates?
Jefferson, Philip N. - In: The American economic review 95 (2005) 2, pp. 76-82
Persistent link: https://www.econbiz.de/10003212881
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The educational and professional background of central bankers and its effect on inflation : an empirical analysis
Göhlmann, Silja (contributor); Vaubel, Roland (contributor) - 2005
We assume that central banks can control inflation so that inflation rates reflect the preferences of the central bank council.The hypothesis to be tested is that these preferences depend on the central bankers' educational and/or professional background. In a panel data analysis for the euro...
Persistent link: https://www.econbiz.de/10002556746
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Monetary Policy Shocks and Skill Differences in the U.S. Labor Market
Chaudhuri, Pritha - 2020
This paper studies the effect of monetary policy shocks on different demographic groups in the U.S. labor market. I look at the effect of a contractionary monetary policy shock on unemployment rates of high and low-skill workers, finding that the low-skill group is more sensitive to these shocks...
Persistent link: https://www.econbiz.de/10012842815
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Extraordinary measures in extraordinary times : public measures in support of the financial sector in the EU and the United States
Stolz, Stéphanie Marie; Wedow, Michael - 2010
The extensive public support measures for the financial sector have been key for the management of the current financial crisis. This paper gives a detailed description of the measures taken by central banks and governments and attempts a preliminary assessment of the effectiveness of such...
Persistent link: https://www.econbiz.de/10003986824