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Monetary policy and the redistribution of net worth in the U.S

Autor: Nerea Gómez-Fernández, Juan-Francisco Albert

Publikováno v: Albert, Juan Francisco, Gómez Fernández, Nerea. Monetary policy and the redistribution of net worth in the U.S Journal of Economic Politicy Reform 2022, VOL. 25, NO. 4, 420–434

The view that expansionary monetary policy can exacerbate both income and wealth inequality by increasing asset prices has become increasingly popular. The aim of this paper is to study the distributive effects of monetary policy on wealth inequality

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8b1d8edbb2afc291d320c0e60279965d
https://doi.org/10.1080/17487870.2021.1895778

Public debt games with corruption and tax evasion

Autor: George Halkos, Emmanuel G. Halkos, George Papageorgiou, John G. Papageorgiou

Publikováno v: Economic Analysis and Policy. 66:250-261

This study explores the interactions between corruption, tax evasion, and public debt. Public debt accumulation results in disutility, therefore the key issue is whether the time path of the public debt is sustainable or not. Infinite time differenti

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::46665dd40e0bfba70a63cc6656f230ab
https://doi.org/10.1016/j.eap.2020.04.007

The rise of national central banks' TARGET balances: a response to Andrea Terzi

Autor: Giovanni Dosi, Andrea Roventini, Marcello Minenna

Publikováno v: European Journal of Economics and Economic Policies: Intervention. 16:169-175

In response to our paper, ‘ECB monetary expansions and euro area TARGET2 imbalances: a balance-of-payment-based decomposition,’ Professor Andrea Terzi has criticized our approach of TARGET2 balance decomposition, by highlighting a lack of causali

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::275fbd8c30e97a96fce4d57a2e5f5717
https://doi.org/10.4337/ejeep.2019.02.02

Endogeneity Bias and Other Problems in the Estimation of Production Functions

Autor: Jesus Felipe, Donna Faye Bajaro, John McCombie, Aashish Mehta

Publikováno v: SSRN Electronic Journal.

The possible endogeneity of labor and capital in production functions, and the consequent bias of the estimated elasticities, has been discussed and addressed in the literature in different ways since the 1940s. This paper revisits an argument first

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::4f597b20a9390b5f71d2e7f21b7ec7fd
https://doi.org/10.2139/ssrn.3857565