Showing 1 - 10 of 831
Persistent link: https://www.econbiz.de/10003743445
Persistent link: https://www.econbiz.de/10003324045
Persistent link: https://www.econbiz.de/10003304136
Persistent link: https://www.econbiz.de/10008859479
Over-borrowing and financial stress has recently become an important issue in macroeconomic and policy discussions in the US as well as in the EU. In this paper we study two regimes of financial stress. In a regime of high financial stress, stress shocks can have large and persistent impacts on...
Persistent link: https://www.econbiz.de/10009718255
Over-borrowing and financial stress has recently become an important issue in macroeconomic and policy discussions in the US as well as in the EU. In this paper the authors study two regimes of financial stress. In a regime of high financial stress, stress shocks can have large and persistent...
Persistent link: https://www.econbiz.de/10010355386
Persistent link: https://www.econbiz.de/10003723220
Monetary responses to financial stress have recently become an important issue in macroeconomic and policy discussions in the USA as well as in the EU. In this paper, the authors study two regimes of monetary responses. While the fundamentals of an economy are assumed to have a long-run...
Persistent link: https://www.econbiz.de/10012648051
Persistent link: https://www.econbiz.de/10012041664
Persistent link: https://www.econbiz.de/10011974207