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The impact of monetary policy in the midst of big shocks
Ohanian, Lee E. - In: Journal of economic dynamics & control 49 (2014), pp. 35-48
Persistent link: https://www.econbiz.de/10010486611
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COVID-19 coronavirus and macroeconomic policy
Fornaro, Luca; Wolf, Martin - 2020
Persistent link: https://www.econbiz.de/10012217402
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Asset Prices and Aggregate Demand in a "Covid-19" Shock : A Model of Endogenous Risk Intolerance and Lsaps
Caballero, Ricardo J. - 2020
following a large real (non-financial) shock; and (ii) demonstrate the effectiveness of Large Scale Asset Purchases (LSAPs) in … addressing these contractions. The key mechanism stems from heterogeneous risk tolerance: as a recessionary shock hits the … Covid-19 shock and the large response by all the major central banks provide a vivid illustration of the environment we seek …
Persistent link: https://www.econbiz.de/10012835752
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Asset Prices and Aggregate Demand in a "Covid-19" Shock : A model of Endogenous Risk Intolerance and LSAPs
Caballero, Ricardo J. - 2020
a large (non-financial) shock; and (ii) demonstrate the effectiveness of Large Scale Asset Purchases (LSAPs) in … addressing these contractions. The key mechanism stems from heterogeneous risk tolerance: as a recessionary shock hits the … Covid-19 shock and the large response by all the major central banks provide a vivid illustration of the environment we seek …
Persistent link: https://www.econbiz.de/10012836868
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A model of endogenous risk intolerance and LSAPs : asset prices and aggregate demand in a "COVID-19" shock
Caballero, Ricardo J.; Simsek, Alp - In: The review of financial studies 34 (2021) 11, pp. 5522-5580
Persistent link: https://www.econbiz.de/10012655645
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On the vulnerability of economies to COVID-19 : an empirical approach
Díaz Roldán, Carmen; Pérez de la Cruz, José María; … - In: Revista de economía mundial : REM ; revista de la … 58 (2021), pp. 95-114
Persistent link: https://www.econbiz.de/10012658932
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Inflation during the pandemic: what happened? what is next?
Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2021
We analyze the evolution and drivers of inflation during the pandemic and the likely trajectory of inflation in the near-term using an event study of inflation around global recessions and a factor-augmented vector auto-regression (FAVAR) model. We report three main results. First, the decline...
Persistent link: https://www.econbiz.de/10012584054
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Inflation during the pandemic : what happened? what is next?
Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2021
Persistent link: https://www.econbiz.de/10012586458
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Rare disasters, exchange rates, and macroeconomic policy : evidence from COVID-19
Zhou, Hang; Yu, Mei; Li, Jiahui; Qin, Qilin - In: Economics letters 209 (2021), pp. 1-5
Persistent link: https://www.econbiz.de/10013207421
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Navigating the COVID-19 storm : impact of the pandemic on the Philippine economy and macro responses of government
Debuque-Gonzales, Margarita - 2021
up with a strategy on how to best manage the economy and deal with the fallout of the public health shock, especially on …/paper looks more closely at that episode, dissecting the macroeconomic impact of the coronavirus, viewing it up close through its …
Persistent link: https://www.econbiz.de/10012881351