Showing 151 - 160 of 218
Persistent link: https://www.econbiz.de/10011657014
This paper addresses the evaluation of several procedures for delimiting service areas of urban transport facilities and computing the served population. To this end, detailed data of a local case study and a geographical information system are used. Adopting two different georeferencing methods...
Persistent link: https://www.econbiz.de/10010992128
Erceg et al. (J Monet Econ 46:281–313, <CitationRef CitationID="CR18">2000</CitationRef>) introduce sticky wages in a New-Keynesian general-equilibrium model. Alternatively, it is shown here how wage stickiness may bring unemployment fluctuations into a New-Keynesian model. Using a Bayesian econometric approach, both models are...</citationref>
Persistent link: https://www.econbiz.de/10010994582
Persistent link: https://www.econbiz.de/10011006244
Several European countries adopted inflation targeting as a monetary policy strategy during the 1990s. This article evaluates the impact of the establishment of this policy framework on the dynamics of inflation for three countries: United Kingdom, Spain and Finland. While smaller shocks...
Persistent link: https://www.econbiz.de/10005086995
Persistent link: https://www.econbiz.de/10014267191
This paper re-examines the determinants of Net Interest Margin (NIM) in the banking industries of 15 developed and emerging economies. It presents three main contributions with respect to previous studies: first, we analyze the determinants of NIM in the years leading to the 2008 financial...
Persistent link: https://www.econbiz.de/10009292626
Persistent link: https://www.econbiz.de/10010557881
As one alternative to search frictions, wage stickiness is introduced in a New-Keynesian model to generate endogenous unemployment fluctuations due to mismatches between labor supply and labor demand. The effects on an estimated New-Keynesian model for the U.S. economy are: i) the Calvo-type...
Persistent link: https://www.econbiz.de/10008727352
This paper re-examines the determinants of Net Interest Margin (NIM) in the banking industries of 15 developed and emerging economies. It presents three main contributions with respect to previous studies: first, we analyze the determinants of NIM in the years leading to the 2008 financial...
Persistent link: https://www.econbiz.de/10010612046