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Credit frictions and labor market dynamics

Hristov, Atanas - 2009

We outline the case for credit frictions and a demand side aspect to labor market fluctuations. To illustrate the above proposition, we present a simple framework to analyze the joint dependence between a labor search problem in the labor market and a costly state verification problem in the...

Persistent link: https://www.econbiz.de/10011387314

Monetary policy transmission and financial stability in a LIC : the case of Bangladesh

Rafiq, Sohrab - 2015

This paper explores how monetary policy affects the real economy and its efficacy in promoting financial stability in a large low income country. This paper shows that monetary policy modestly impacts real economic activity and inflation via the bank lending and financial accelerator channels....

Persistent link: https://www.econbiz.de/10011408240

Monetary Policy Transmission and Financial Stability in a LIC : The Case of Bangladesh

Rafiq, Sohrab - 2016

Persistent link: https://www.econbiz.de/10013002148

Comparing monetary and fiscal policy transmission across the Americas and the Emu-area

Tsoulakas, Dimitrios - In: International business and economics research journal 7 (2008) 8, pp. 71-78

Persistent link: https://www.econbiz.de/10003762862

The Liquidity Channel of Fiscal Policy

Bayer, Christian - 2020

—the liquidity premium. We rationalize this finding in an estimated heterogeneous-agent New-Keynesian (HANK) model with incomplete … markets and portfolio choice, in which public debt affects private liquidity. In this environment, the short-run fiscal … multiplier is amplified by the countercyclical liquidity premium. This liquidity channel stabilizes investment and crowds in …

Persistent link: https://www.econbiz.de/10012830353