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Hiring stimulus and precautionary savings in a liquidity trap
Domínguez Díaz, Rubén - 2021
more at the zero lower bound than it does during normal times. Central to this result is a precautionary savings channel …. By stimulating labor demand, hiring subsidies reduce unemployment risk and precautionary savings. This increases the …
Persistent link: https://www.econbiz.de/10012499491
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Wealth and volatility
Heathcote, Jonathan; Perri, Fabrizio - In: The review of economic studies 85 (2018) 4/305, pp. 2173-2213
Persistent link: https://www.econbiz.de/10012263370
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Population growth, saving, interest rates and stagnation : discussing the Eggertsson-Mehrotra model
Spahn, Peter - 2016
Post Keynesian stagnation theory argues that slower population growth dampens consumption and investment. A New Keynesian OLG model derives an unemployment equilibrium due to a negative natural rate in a three-generations credit contract framework. Besides deleveraging or rising inequality, also...
Persistent link: https://www.econbiz.de/10011575978
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Capital accumulation and the dynamic of secular stagnation
Le Garrec, Gilles; Touze, Vincent - 2016
Persistent link: https://www.econbiz.de/10011644233
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Savings, asset scarcity, and monetary policy
Altermatt, Lukas - 2018
This paper analyzes optimal monetary and fiscal policy in a model where money and savings are essential and asset …
Persistent link: https://www.econbiz.de/10011857574
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Savings policy and the paradox of thrift
Hayashi, Andrew T.; Murphy, Daniel P. - In: Yale journal on regulation 34 (2017) 3, pp. 743-790
Persistent link: https://www.econbiz.de/10011893536
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Savings, asset scarcity, and monetary policy
Altermatt, Lukas - In: Journal of economic theory 182 (2019), pp. 329-359
Persistent link: https://www.econbiz.de/10012133306
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Excess saving and low interest rates : theory and empirical evidence
Bofinger, Peter; Ries, Mathias - 2017
Persistent link: https://www.econbiz.de/10011708677
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Population growth, saving, interest rates and stagnation : discussing the Eggertsson-Mehrotra model
Spahn, Peter - 2016
Post Keynesian stagnation theory argues that slower population growth dampens consumption and investment. A New Keynesian OLG model derives an unemployment equilibrium due to a negative natural rate in a three-generations credit contract framework. Besides deleveraging or rising inequality, also...
Persistent link: https://www.econbiz.de/10011473021
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Household response to government debt : evidence from life insurance holdings
Craig, Steven G.; Hoang, Edward C.; Vollrath, Dietrich - In: Journal of money, credit and banking : JMCB 47 (2015) 5, pp. 819-845
Persistent link: https://www.econbiz.de/10011345147