Zobrazeno 1 - 10
of 10
pro vyhledávání: '"Előd Takáts"'
Publikováno v:
SSRN Electronic Journal.
Autor:
Előd Takáts, Bryan Hardy
Publikováno v:
SSRN Electronic Journal.
The claims of international banks held up well during the COVID-19 crisis, although economic output fell by even more than during the Great Financial Crisis (GFC). Both cross-border and local claims were resilient, in advanced and emerging market eco
Autor:
Stefan Avdjiev, Előd Takáts
Publikováno v:
Review of Finance. 23:993-1029
We show that currency networks in cross-border bank lending have a significant impact on the size, distribution, and direction of international monetary policy spillovers. Utilizing a novel dataset, we map the major currency networks in international
Autor:
Mikael Juselius, Előd Takáts
Publikováno v:
Journal of Economic Dynamics and Control. 128:104136
Demography accounts for a large share of low frequency inflation variation in 22 countries from 1870 to 2016. The dependent population (young and old) is associated with higher, and the working age population with lower inflation. The relationship is
Publikováno v:
SSRN Electronic Journal.
We study how domestic and global output gaps affect CPI inflation. We use a New-Keynesian Phillips curve framework which controls for non-linear exchange rate movements for a panel of 26 advanced and 22 emerging economies covering the 1994Q1−2017Q4
Autor:
Mikael Juselius, Előd Takáts
Publikováno v:
SSRN Electronic Journal.
Autor:
Mikael Juselius, Előd Takáts
Publikováno v:
SSRN Electronic Journal.
Autor:
Előd Takáts
Publikováno v:
Journal of Housing Economics. 21:131-141
The paper investigates how aging will affect house prices. It uses for the first time a house price dataset covering 22 advanced economies. The analysis finds that demography did and will affect real house prices significantly. The results suggest th
What might interest rate liberalization do to intermediation and the cost of capital in China? China's most binding interest rate control is a ceiling on the deposit rate, although lending rates are also regulated. Through case studies and model-base
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::36cf51d75a8462dab6e34d3678b039df
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23175
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23175
Autor:
Előd Takáts
The paper investigates small business lending as an information problem. It models the effects of information asymmetries within the bank combined with fixed wages. Two kinds of inefficiencies arise in equilibrium: the credit officer either sometimes
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f01013940db7691574ecda9b42f7e58a
http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp407.pdf
http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp407.pdf