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Liquidity, insolvency and the state
Ehnts, Dirk H. - 2016
The importance of liquidity and insolvency for nation states and banks has been highlighted by current economic woes in … full circle. Discussing some modern authors, it is argued that the concepts of liquidity and insolvency are connected …
Persistent link: https://www.econbiz.de/10011553939
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Joined at the hip : monetary and fiscal policy in a liquidity-dependent world
Calvo, Guillermo; Velasco, Andrés - 2022
Persistent link: https://www.econbiz.de/10013166847
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Sources of economic policy uncertainty in Nigeria : implications for Africa
Ozili, Peterson K. - In: Managing risk and decision making in times of economic …, (pp. 37-50). 2022
Persistent link: https://www.econbiz.de/10013271282
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Reconsidering macroeconomic policy prescriptions with meta-analysis
Gechert, Sebastian - 2022
This paper investigates recent developments in meta-analysis, the tool to quantitatively synthesize research in a certain body of literature. After providing a brief overview on how to do a meta-analysis and discussing recent methodological advancements in the field, I review applied...
Persistent link: https://www.econbiz.de/10012818057
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Macroeconomic effects of a government overdraft on its central bank account
Khemraj, Tarron - 2024
, allowing for the auctioning of Treasury bills to create the liquidity reflux necessary to refill the account. This paper …
Persistent link: https://www.econbiz.de/10014531238
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German economy winter 2022 : recovery temporarily on hold
Boysen-Hogrefe, Jens; Groll, Dominik; Hoffmann, Timo; … - 2022
Wholesale prices for gas and electricity have fallen significantly in recent months - even though they are still at a high level. In addition, the burdens on private households and companies caused by high energy costs are to be cushioned by so-called price brakes. Overall, inflation in 2023...
Persistent link: https://www.econbiz.de/10013539194
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Endogenous growth, skill obsolescence and output hysteresis in a New Keynesian model with unemployment
Lechthaler, Wolfgang; Tesfaselassie, Mewael F. - 2021
We embed human capital-based endogenous growth into a New-Keynesian model with search and matching frictions in the labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great Recession: a decline in productivity growth, the relative...
Persistent link: https://www.econbiz.de/10012416294
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Monetary policy and inequality under labor market frictions and capital-skill complementarity
Dolado, Juan J.; Motyovszki, Gergö; Pappa, Euē - 2018
In order to improve our understanding of the channels through which monetary policy has distributional consequences, we build a New Keynesian model with incomplete asset markets, asymmetric search and matching (SAM) frictions across skilled and unskilled workers and, foremost, capital-skill...
Persistent link: https://www.econbiz.de/10011853562
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Monetary policy and inequality under labor market frictions and capital-skill complementarity
Dolado, Juan J.; Motyovszki, Gergö; Pappa, Euē - 2018
Persistent link: https://www.econbiz.de/10011885449
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Essays in macroeconomics and monetary policy
Kienzler, Daniel - 2014
die jeweiligen Implikationen dieser Sachverhalte für die Geldpolitik untersucht. Im ersten Aufsatz (gemeinsam mit Kai D … Konjunkturzyklus zu erklären. Optimale Geldpolitik unter Einbeziehung von Fähigkeitsverlusten erlaubt eine höhere Inflationsvolatilität … zu reduzieren und somit Konsumverluste abzufedern. Auf diese Weise berücksichtigt optimale Geldpolitik die Auswirkungen …
Persistent link: https://www.econbiz.de/10010437320