Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10003920612
Persistent link: https://www.econbiz.de/10011326314
Persistent link: https://www.econbiz.de/10001767533
Persistent link: https://www.econbiz.de/10001565671
This paper evaluates the effects of forward guidance and large-scale asset purchases (LSAP) when the nominal interest rate reaches the zero lower bound. I investigate the effects of the two policies in a dynamic new Keynesian model with financial frictions adapted from Gertler and Karadi (2011,...
Persistent link: https://www.econbiz.de/10012657867
Persistent link: https://www.econbiz.de/10012658986
Persistent link: https://www.econbiz.de/10012695342
We examine the short-term impact of COVID-19 on consumption spending and labor market outcomes. Using monthly panel data of individuals mainly aged 50-70 in Singapore, we find that COVID-19 reduced consumption spending and labor market outcomes immediately after its outbreak, and its negative...
Persistent link: https://www.econbiz.de/10012237785
Persistent link: https://www.econbiz.de/10012312677
Persistent link: https://www.econbiz.de/10012261947