Showing 1 - 10 of 131,064
varying uncertainty (i.e. risk shocks) in the technology shocks that affect housing production. The analysis demonstrates that … risk shocks to the housing production sector are a quantitatively important impulse mechanism for the business cycle. Also … countercyclical behavior of risk premia on loans to the housing sector. -- agency costs ; credit channel ; time-varying uncertainty …
Persistent link: https://www.econbiz.de/10009733806
varying uncertainty (i.e. risk shocks) in the technology shocks that affect housing production. The analysis demonstrates that … risk shocks to the housing production sector are a quantitatively important impulse mechanism for the business cycle. Also … countercyclical behavior of risk premia on loans to the housing sector. …
Persistent link: https://www.econbiz.de/10010294012
Persistent link: https://www.econbiz.de/10012121736
The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use detailed micro level information to construct quarterly historical measures of inequality from 1969 to 2012. We investigate whether monetary policy shocks played a role in explaining...
Persistent link: https://www.econbiz.de/10011431334
Persistent link: https://www.econbiz.de/10011934573
Persistent link: https://www.econbiz.de/10014512904
Persistent link: https://www.econbiz.de/10014229249
Persistent link: https://www.econbiz.de/10014560500
The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use detailed micro level information to construct historical measures of inequality from 1968 to 2008. We study whether monetary policy shocks played a significant role in explaining this...
Persistent link: https://www.econbiz.de/10010480347
Persistent link: https://www.econbiz.de/10012132364