Narrow search
Showing 1 - 10 of 153
Cover Image
The long and short of financing government spending
Mankart, Jochen; Priftis, Romanos; Oikonomou, Rigas - International Research Conference on Household … - 2022
This paper shows that debt-financed fiscal multipliers vary depending on the maturity of debt issued to finance spending. Utilizing state-dependent SVAR models and local projections for post-war US data, we show that a fiscal expansion financed with short term debt increases output more than one...
Persistent link: https://www.econbiz.de/10013443719
Cover Image
Asset management in volatile markets
Haiss, Peter R.; Sammer, Bernhard; Gartner, Martin; … - New Trends in Asset Management: Exploring the … - 2010
The 27th SUERF Colloquium in Munich in June 2008: New Trends in Asset Management: Exploring the Implications was already topical in the Summer of 2008. The subsequent dramatic events in the Autumn of 2008 made the presentations in Munich even more relevant to investors and bankers that want to...
Persistent link: https://www.econbiz.de/10011705329
Cover Image
Coherent price systems and uncertainty-neutral valuation : conference paper
Beißner, Patrick - 2013 - This version: 28 February, 2013
We consider fundamental questions of arbitrage pricing arising when the uncertainty model incorporates volatility … such sets when volatility uncertainty is modeled by a stochastic differential equation, driven by Peng's G-Brownian motion. …
Persistent link: https://www.econbiz.de/10010338399
Cover Image
Measuring persistence in volatility spillovers : conference paper
Conrad, Christian; Weber, Enzo - Wettbewerbspolitik und Regulierung in einer Globalen … - 2013
This paper analyzes volatility spillovers in multivariate GARCH-type models. We show that the cross-effects between the … conditional variances determine the persistence of the transmitted volatility innovations. In particular, the influence of a … foreign volatility innovation on a conditional variance is even more persistent than an own innovation unless this effect is …
Persistent link: https://www.econbiz.de/10010341118
Cover Image
Banking reform
Jackson, Patricia; Davies, Howard; Miles, David; … - SUERF Conference on Banking Reform <2015, London>; … - 2016
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
Persistent link: https://www.econbiz.de/10011554963
Cover Image
Financial Innovation and Value Creation : The Impact of Disruptive Technologies on the Digital World
Užik, Martin (ed.); Schmitz, Christian (ed.);  … - Berlin Digital Conference / Annual Conference <2., …; … - 2023
Preface -- Note of thanks -- Contents -- Contributors -- Part I The Key Prerequisite of Digitalization: Money -- Chapter 1: Digital Gold and Gold-Backed Crypto Currencies: The Return of the Gold Standard -- Chapter 2: Crypto Currencies: Speculative Bubble or Disruptive Technology? -- Chapter 3:...
Persistent link: https://www.econbiz.de/10014229297
Cover Image
Public versus private provision of liquidity : is there a trade-off ; conference paper
Röhrs, Sigrid; Winter, Christoph - 2014
Many researchers have recommended to increase public debt in the aftermath of the financial crisis in order to relax borrowing constraints for private households. This advice is based on the common assumption that borrowing conditions of private agents are exogenous to public policy. We study...
Persistent link: https://www.econbiz.de/10010484762
Cover Image
Happiness and the persistence of income shocks : conference paper
Bayer, Christian; Jüßen, Falko - 2013 - This version: March 1, 2013
We reassess the empirical effects of income and employment on self-reported well-being. Our analysis makes use of a two-step estimation procedure that allows applying instrumental variable regressions with ordinal observable data. As suggested by the theory of incomplete markets, we...
Persistent link: https://www.econbiz.de/10010339956
Cover Image
Inequality and the marriage gap : conference paper
Siassi, Nawid - 2014
Marriage is one of the most important determinants of economic prosperity, yet most existing theories of inequality ignore the role of the family. This paper documents that the cross-sectional distributions of earnings and wealth display a high degree of concentration, even when disaggregated...
Persistent link: https://www.econbiz.de/10010489954
Cover Image
Neue Instrumente an den Finanzmärkten : geldpolitische und bankenaufsichtliche Aspekte
Gutowski, Armin (ed.); Becker, Jürgen (contributor) - 1988
Persistent link: https://www.econbiz.de/10000071103