Zobrazeno 1 - 9
of 9
pro vyhledávání: '"Gaston Navarro"'
Publikováno v:
International Finance Discussion Paper. :1-61
We assess the quantitative relevance of expectations-driven sovereign debt crises, focusing on the Southern European crisis of the early 2010’s and the Argentine default of 2001. The source of multiplicity is the one in Calvo (1988). Key for multip
Publikováno v:
International Finance Discussion Paper. :1-52
We study the optimal design of means-tested transfers and progressive income taxes. In a simple analytical model, we demonstrate an optimally negative relation between transfers and income-tax progressivity due to efficiency and redistribution concer
We assess the quantitative relevance of expectations-driven sovereign debt crises, focusing on the Southern European crisis of the early 2010s and the Argentine default of 2001. The source of multiplicity is the one in Calvo (1988). Key for multiplic
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ef7eca4bec7324fe5c4f228fc1f3f0c6
https://doi.org/10.18235/0004743
https://doi.org/10.18235/0004743
Publikováno v:
FEDS Notes. 2022
A large body of work suggests that trade affects workers unevenly. By shifting economic activity across occupations, industries, or regions, freer trade can generate gains for some workers and losses for others.
Autor:
Gaston Navarro, Matteo Iacoviello
Publikováno v:
Journal of International Money and Finance. 95:232-250
This paper analyzes the spillovers of higher U.S. interest rates on economic activity in a large panel of 50 advanced and emerging economies. We allow the response of GDP in each country to vary according to its exchange rate regime, trade openness,
Publikováno v:
Recercat: Dipósit de la Recerca de Catalunya
Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio Digital de la UPF
Universitat Pompeu Fabra
Journal of Economic Theory
Recercat. Dipósit de la Recerca de Catalunya
instname
Dipòsit Digital de Documents de la UAB
Universitat Autònoma de Barcelona
Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio Digital de la UPF
Universitat Pompeu Fabra
Journal of Economic Theory
Recercat. Dipósit de la Recerca de Catalunya
instname
Dipòsit Digital de Documents de la UAB
Universitat Autònoma de Barcelona
In the standard model of sovereign default, as in Aguiar and Gopinath (2006) or Arellano (2008), default is driven by fundamentals alone. There is no independent role for expectations. We show that small variations of that model are consistent with m
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4faeb528ac81a7e6ec8d85bbebd025f3
http://hdl.handle.net/2072/424637
http://hdl.handle.net/2072/424637
Autor:
Gaston Navarro, Axelle Ferriere
Publikováno v:
International Finance Discussion Paper. 2018
Empirical work suggests that while government spending induces an increase in output, it does not signi ficantly decrease private consumption. Contrary to these fi ndings, most representative-household models in macroeconomics predict a crowding-out
Autor:
Julio A. Blanco, Gaston Navarro
Publikováno v:
SSRN Electronic Journal.
The 2007-2009 financial crisis generated a striking short-lived increase in the employment separation rate and a persistent decrease in its finding probability, which resulted in an increase in unemployment and a slow recovery. In this paper we propo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::b941ef1526f3c52dd8ee76b786c1ddd1
https://economicdynamics.org/meetpapers/2013/paper_694.pdf
https://economicdynamics.org/meetpapers/2013/paper_694.pdf