Narrow search
Showing 1 - 10 of 22,802
Cover Image
Business investment in EU countries
Bańbura, Marta (contributor); Albani, Maria (contributor);  … - European System of Central Banks / Working Group on … - 2018
The article analyses recent developments in business investment for a large group of EU countries, using a broad set of … analytical tools and data sources. We find that the assessment of whether or not investment is currently low varies across … benchmarks and countries. At the euro area level and for most countries, the level of business investment is broadly in line with …
Persistent link: https://www.econbiz.de/10011918803
Cover Image
Credit Channel and Investment Behavior in Austria : A Micro-Econometric Approach
Valderrama, Maria Teresa - 2021
accelerator specification of investment demand augmented by the liquidity ratio and a firm specific user cost of capital. The … significant for young firms due mainly to the fact that young firms rely more heavily on sales to increase investment. In general … it is found that firms can reduce the sensivity of investment to their liquidity position by building lending …
Persistent link: https://www.econbiz.de/10013320263
Cover Image
Monetary Policy and Innovation
Ma, Yueran; Zimmermann, Kaspar - National Bureau of Economic Research - 2023
basis points, research and development (R&D) spending declines by about 1 to 3 percent and venture capital (VC) investment …
Persistent link: https://www.econbiz.de/10014372455
Cover Image
New Monetary System
2012
Persistent link: https://www.econbiz.de/10013114444
Cover Image
Theoretical Study of Optimal Fiscal and Monetary Policies for Stimulating Economic Growth
Allayarov, Sukhrob - 2018
Fiscal and monetary policy optimization has been the taskforce in many policymaking agendas ofinternational organizations, governments and alliances. However, attempts of the global community did not give the expected effect and rejected the anticipated targets. This article explores the main...
Persistent link: https://www.econbiz.de/10012910937
Cover Image
Optimal Financial Repression
Norkina, Olga Alekseevna - 2014
Modern financial repression in advanced economies does not rely on increasing seigniorage revenue, but mostly rests upon regulatory measures to enlarge the demand for public debt that delivers extremely low or negative real interest rate. In this paper we propose the extension of the overlapping...
Persistent link: https://www.econbiz.de/10013040492
Cover Image
Fiscal and Monetary Policy in the Presence of Informality and the Incentive to Join a Currency Union
Bandaogo, Mahama Samir - 2018
How does economic activity outside of government control-informality-affect the conduct of fiscal and monetary policy? I study this question in a New Keynesian, small open economy model. The model is assumed to feature informality in both goods and labor markets. A non-traded sector produces a...
Persistent link: https://www.econbiz.de/10012929781
Cover Image
Robust Optimal Macroprudential Policy
Montamat, Giselle; Roch, Francisco - 2021
We consider how fear of model misspecification on the part of the planner and/or the households affects welfare gains from optimal macroprudential taxes in an economy with occasionally binding collateral constraints as in Bianchi (2011). On the one hand, there exist welfare gains from...
Persistent link: https://www.econbiz.de/10013226440
Cover Image
Optimal Fiscal and Monetary Policy
Chari, Varadarajan V.; Kehoe, Patrick J. - 1999
We provide an introduction to optimal fiscal and monetary policy using the primal approach to optimal taxation. We use this approach to address how fiscal and monetary policy should be set over the long run and over the business cycle. We find four substantive lessons for policymaking: Capital...
Persistent link: https://www.econbiz.de/10014204301
Cover Image
Quantitative Easing and Bank Risk-Taking Behavior
Dhital, Saroj; Dixon, Chandler; Evanczyk, Eddie - 2022
In this paper, we examine the effect of reserve creation due to the Federal Reserve’s Large-scale Asset Purchase programs on bank lending and risk-taking behavior. In particular, we test the existence of a risk-taking channel that induces banks with higher reserve accumulation due to the...
Persistent link: https://www.econbiz.de/10014236954