Showing 1 - 10 of 20,940
In the present paper, we investigate the financial homogeneity of the euro area economies by contrasting eurozone countries' responses to monetary policy steps to the theoretical assumptions of the liquidity trap phenomenon. Our assumption is that the euro area economies are not completely...
Persistent link: https://www.econbiz.de/10013556643
One of Keynes' core issues in his liquidity preference theory is how fundamental uncertainty affects the propensity to …
Persistent link: https://www.econbiz.de/10013132176
Persistent link: https://www.econbiz.de/10001488321
Persistent link: https://www.econbiz.de/10011974451
Persistent link: https://www.econbiz.de/10012583768
or long-term unemployment, may occur during working years. Personal disaster risk alters lifetime ex-ante investment … characterizes rare disasters, results in lower risk-taking at the beginning of working life, and is crucial in order to match the …
Persistent link: https://www.econbiz.de/10012793436
Persistent link: https://www.econbiz.de/10012312632
Persistent link: https://www.econbiz.de/10014446773
Persistent link: https://www.econbiz.de/10009553773
rebalancing effects, which are not well understood at a conceptual level. Without better theory, assessing their empirical … relevance might also prove elusive. This paper reviews what theory has to say about the role of sovereign debt management as a …
Persistent link: https://www.econbiz.de/10013090853