Zobrazeno 1 - 10
of 66
pro vyhledávání: '"Gianluca Benigno"'
Autor:
Gianluca Benigno, Carlo Rosa
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
International Finance Discussion Paper. 2021:1-23
We introduce the concept of financial stability real interest rate using a macroeconomic banking model with an occasionally binding financing constraint as in Gertler and Kiyotaki (2010). The financial stability interest rate, r**, is the threshold i
Publikováno v:
Federal Reserve Bank of San Francisco, Working Paper Series. :01-72
This paper develops an endogenous regime switching approach to modeling financial crises. In the model there are two regimes, one a crisis regime, the second a regime for normal economic times. The switch between regimes is based on a probability det
We present a model that reproduces two salient facts characterizing the international monetary system: Fast growing emerging countries i) run current account surpluses, ii) accumulate international reserves and receive net private inflows. We study a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::171caf86e5a7d366a127be2caf4dcae7
http://hdl.handle.net/10230/54485
http://hdl.handle.net/10230/54485
Publikováno v:
SSRN Electronic Journal.
Autor:
Gianluca Benigno, Pierpaolo Benigno
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Autor:
Gianluca Benigno, Pierpaolo Benigno
Publikováno v:
SSRN Electronic Journal.
We would like to propose a new framework for monetary policy analysis that encompasses, as a special case, the Neo-Wicksellian paradigm. A general form of an aggregate-demand equation reveals a role for liquidity, as well as less effective movements
Publikováno v:
FEDS Notes. 2020
The COVID-19 outbreak has triggered unusually fast outflows of dollar funding from emerging market economies (EMEs). These outflows are known as sudden stop episodes, and are typically followed by economic contractions.