Zobrazeno 1 - 5
of 5
pro vyhledávání: '"Florian Wicknig"'
Publikováno v:
Wirtschaftsdienst, Vol 102, Iss 7, Pp 461-467 (2022)
Abstract Without a doubt, climate change will have a strong impact on both the European and the global economy. This report examines to what extent this requires action from central banks such as the ECB. While it is not contested that central banks
Externí odkaz:
https://doaj.org/article/edbafee729064ef2b5001cdc2b0cd24e
Publikováno v:
SSRN Electronic Journal.
We study the preferential treatment of green bonds in the Central Bank collateral framework as an environmental policy instrument within a DSGE model with environmental and financial frictions. Green and conventional entrepreneurs issue bonds to bank
Publikováno v:
SSRN Electronic Journal.
Autor:
Matthias Kaldorf, Florian Wicknig
Publikováno v:
SSRN Electronic Journal.
We study the eligibility of corporate bonds as collateral for central bank operations and its effect on interbank and corporate bond markets. While money market functionality increases in the amount of eligible assets, a thorough assessment of collat
Autor:
Florian Wicknig, Lucas Radke
Publikováno v:
SSRN Electronic Journal.
The present paper studies the effect of monetary policy on inflation and output within a New Keynesian model with Experience-Based Learning (EBL) that renders expectations heterogeneous across age groups. Under EBL, the age-distribution directly affe