El uso de líneas de liquidez por parte de los bancos centrales ha cobrado impulso desde la crisis financiera mundial, con el fin de proporcionar liquidez en los mercados de divisas, asegurar la estabilidad financiera y evitar efectos indirectos negativos. Mientras que el efecto de las líneas...

Central bank liquidity lines have gained momentum since the global financial crisis as a crosscurrency liquidity management tool. We provide a complete timeline of the ECB liquidity line announcements and study their signalling and spillback effects. The announcement of an ECB euro liquidity...

Artículo de revista ; El seguro de desempleo en Estados Unidos es uno de los mecanismos de aseguramiento mutuo de ámbito fiscal diseñados para atenuar las consecuencias negativas de las perturbaciones económicas. Este sistema se basa en la complementariedad de las prestaciones federales y...

Artículo de revista ; Unemployment insurance in the United States is one of the fiscal risk-sharing mechanisms designed to mitigate the negative consequences of economic shocks. The system is based on complementary federal and state benefits, which behave very differently during normal and...

The use of central bank liquidity lines has gained momentum since the global financial crisis in order to provide liquidity in foreign exchange markets, while at the same time preventing threats to financial stability and negative spillbacks. US dollar swap lines are well studied, but much less...

Unemployment insurance in the United States is one of the fiscal risk-sharing mechanisms designed to mitigate the negative consequences of economic shocks. The system is based on complementary federal and state benefits, which behave very differently during normal and crisis periods. Thus,...

Central bank liquidity lines have gained momentum since the global financial crisis as a crosscurrency liquidity management tool. We provide a complete timeline of the ECB liquidity line announcements and study their signalling and spillback effects. The announcement of an ECB euro liquidity...

This article investigates the efficiency of the roll-out of Covid-19 vaccinations when vaccines are scarce. Using Germany as an example, we find considerable differences across federal states in terms of efficiency, defined as the ability to get most vaccinations out of a given number of...

This article investigates the efficiency of the roll-out of Covid-19 vaccinations when vaccines are scarce. Using Germany as an example, we find considerable differences across federal states in terms of efficiency, defined as the ability to get most vaccinations out of a given number of...