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The findings presented in this paper come from our study of the effects of Brazilian macroeconomic policy on the Brazilian Farm [product] Price Index using an adapted version of Frankel's (1986 & 2006) theoretical model. The study examined the connection between Brazilian farm prices and...
Persistent link: https://www.econbiz.de/10011548191
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It would seem that physical currency should be fading out as the world of payments is increasingly electronic, with new technologies emerging at a rapid pace, and as governments look to restrictions on large-denomination notes as a way to reduce crime and tax evasion. Nonetheless, demand for...
Persistent link: https://www.econbiz.de/10011731059
This paper shows that increased volatility of Örm-level productivity can push the nominal interest rate to its lower bound with large amplification effects on macroeconomic aggregates. The framework combines a simple canonical Önancial accelerator model, time varying risk shocks, and a zero...
Persistent link: https://www.econbiz.de/10012231163
This paper studies the demand for information about monetary policy, while the literature on central bank transparency and communication typically studies the supply of information by the central bank or the reception of the information provided. We use a new data set on the number of views of...
Persistent link: https://www.econbiz.de/10012424308
How does bankruptcy affect the dynamics of aggregate consumption? We quantify the trade-off between the insurance and creditworthiness effects of bankruptcy in response to tighter credit. We show that bankruptcy dampens the effect of tighter credit on aggregate consumption on impact because it...
Persistent link: https://www.econbiz.de/10013330698
The goal of the study is to analyse and compare agrarian structures in several EU countries, analysed separately according to their degree of economic consolidation. The study points out that, in order to characterize the agrarian structures of a country, is not sufficient to determine the...
Persistent link: https://www.econbiz.de/10011588125
dependent variable (3), the validation of endogeneity gives enough tools to infer a positive or a negative causality of … causality relationship changes depending on the size of companies established on each zone. Results of this empirical research … give some robust evidences. In the case of Bogotá, public transports improvements have a causality relationship on the …
Persistent link: https://www.econbiz.de/10011532217
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