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In this paper, we compare the transmission of a conventional monetary policy shock with that of an unexpected decrease … volatility, our results are two-fold: First, the spread shock works mainly through a boost to consumer wealth growth, while a … conventional monetary policy shock affects real output growth via a broad credit/bank lending channel. Second, both shocks exhibit …
Persistent link: https://www.econbiz.de/10012611059
Progressive policy proposals influenced by post-Keynesian economics emphasise the use of fiscal policy and income redistribution to maintain aggregate demand at levels which achieve full employment. Given persistent evidence of weak demand, excess capacity and unemployment in rich economies...
Persistent link: https://www.econbiz.de/10014481016
This article investigates the role of labor in post-Keynesian economics and proposes an integration with ecological macroeconomics. Although post-Keynesians have to date not engaged extensively with environmental limits, there is an increasing interest in modeling policy proposals by ecological...
Persistent link: https://www.econbiz.de/10014363443
looking at how people react to short-term variations in weather. Research suggests rising temperatures will reduce time spent …
Persistent link: https://www.econbiz.de/10011820343
The frequency of weather disasters has increased significantly during the last few decades and has presumable been … influenced by climate change. This is also of concern to the insurance sector as it registers a rise in weather-related losses …
Persistent link: https://www.econbiz.de/10010377715
anzunehmen, dass der Klimawandel dazu führt, dass immer häufiger starke Wirbelstürme auftreten. Ziel dieser Arbeit ist es, die …
Persistent link: https://www.econbiz.de/10010377861
vergleichbaren Anstiege. Daher liegt es nahe, dass der Klimawandel hierbei eine entscheidende Rolle spielt, was durch die Ergebnisse … natural catastrophes around the globe. As the rise in the number of natural catastrophes is largely attributable to weather …
Persistent link: https://www.econbiz.de/10010377862
The relationship between climatic shocks, natural disasters, and migration has received increasing attention in recent years and is quite controversial. One view suggests that climate change and its associated natural disasters increase migration. An alternative view suggests that climate change...
Persistent link: https://www.econbiz.de/10011662664
finanzielle Stabilität im Sinne ihrer Mandate im Blickpunkt. Denn einerseits birgt der Klimawandel erhebliche Risiken für …
Persistent link: https://www.econbiz.de/10012297167
We study the Beaudry and Portier (2006)-hypothesis of delayed-technology diffusion and news-driven business cycles. For German data on TFP and stock prices we find qualitatively similar empirical evidence. Quantitatively, however, an impulse response analysis suggests that a substantial part of...
Persistent link: https://www.econbiz.de/10010295308