Zobrazeno 1 - 10
of 15
pro vyhledávání: '"Burcu Duygan-Bump"'
Publikováno v:
Finance and Economics Discussion Series. 2021:1-23
The COVID-19 pandemic and the mitigation efforts put in place to contain it delivered the most severe blow to the U.S. economy since the Great Depression. In this paper, we argue that the Federal Reserve acted decisively and with dispatch to deploy a
Autor:
Mark A. Carlson, Burcu Duygan-Bump
Publikováno v:
Finance and Economics Discussion Series. 2018
To implement monetary policy in the 1920s, the Federal Reserve utilized administered interest rates and conducted open market operations in both government securities and private money market securities, sometimes in fairly considerable amounts. We s
Autor:
Mark A. Carlson, Skander Van den Heuvel, Burcu Duygan-Bump, Fabio M. Natalucci, Jeremy C. Stein, Bill Nelson, Marcelo Ochoa
Publikováno v:
Finance and Economics Discussion Series. 2014:1-26
A number of researchers have recently argued that the growth of the shadow banking system in the years preceding the recent U.S. financial crisis was driven by rising demand for "money-like" claims—short-term, safe instruments (STSI)—from institu
Publikováno v:
Journal of Banking & Finance. 37:5101-5117
Conventional wisdom holds that individuals find it difficult to obtain new credit post-bankruptcy. Using credit bureau data, we test this hypothesis and show that more than 90% of bankrupt individuals receive credit shortly after filing. Individuals
Autor:
Burcu Duygan-Bump, Mark A. Carlson
Publikováno v:
FEDS Notes. 2016
This note describes the tools used by the Federal Reserve (Fed) to implement monetary policy in the 1920s and the degree to which changes in these tools were transmitted to private money markets. In doing so, we hope to provide some historical perspe
Autor:
Charles Grant, Burcu Duygan-Bump
Publikováno v:
Economic Policy. 24:107-140
Despite the lively policy debate on rising household debt, arrears and personal bankruptcy filings, there is relatively little empirical evidence on the determinants of households’ debt repayment behaviour, or on the incidence of arrears. Even less
During the 2007-09 financial crisis, there were severe reductions in the liquidity of financial markets, runs on the shadow banking system, and destabilizing defaults and near-defaults of major financial institutions. In response, the Federal Reserve
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::c1422149ed5ea78a7d4a2b0bc13d56d6
http://www.bis.org/publ/work493.htm
http://www.bis.org/publ/work493.htm
Publikováno v:
SSRN Electronic Journal.
During the 2007–09 financial crisis, there were severe reductions in the liquidity of financial markets, runs on the shadow banking system, and destabilizing defaults and near-defaults of major financial institutions. In response, the Federal Reser
This paper exploits the differential financing needs across industrial sectors and provides strong empirical evidence that financing constraints of small businesses are important in explaining the unemployment dynamics around the Great Recession. In
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::41c36035d8f4107a9a1b1b0c371f4185
http://www.bostonfed.org/bankinfo/qau/wp/2010/qau1006.pdf
http://www.bostonfed.org/bankinfo/qau/wp/2010/qau1006.pdf
Following the failure of Lehman Brothers in September 2008, short-term credit markets were severely disrupted. In response, the Federal Reserve implemented new and unconventional facilities to help restore liquidity. Many existing analyses of these i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::29a75da912e3cb77319f598f62fa2e48
http://www.bostonfed.org/bankinfo/qau/wp/2010/qau1003.htm
http://www.bostonfed.org/bankinfo/qau/wp/2010/qau1003.htm