Zobrazeno 1 - 10
of 29
pro vyhledávání: '"James MacGee"'
Publikováno v:
Canadian Journal of Economics/Revue canadienne d'économique. 55:54-87
Publikováno v:
Working paper (Federal Reserve Bank of Philadelphia).
Autor:
Pedro Amaral, James MacGee
Publikováno v:
Journal of Monetary Economics. 92:112-129
We quantify the role of contractionary monetary shocks and nominal wage rigidities in the U.S. Great Contraction. In contrast to conventional wisdom, we find little increase in the economy-wide real wage over 1929–33, although real wages rose signi
Publikováno v:
The Review of Economic Studies. 83:1673-1710
Financial innovations are a common explanation for the rise in credit card debt and bankruptcies. To evaluate this story, we develop a simple model that incorporates two key frictions: asymmetric information about borrowers’ risk of default and a f
Publikováno v:
Journal of Money, Credit and Banking. 47:1007-1029
We examine the impact of physical distance, language, and religion on Law of One Price (LOP) deviations across interwar Canadian and modern Nigerian cities. The data comprise monthly average retail prices for narrowly defined goods collected by natio
Autor:
James MacGee, Thorsten V. Koeppl
Publikováno v:
SSRN Electronic Journal.
The rise in house prices – especially in Toronto and Vancouver – has coincided with an increase in the number of homeowners taking on high debt-to-income ratios. This has intensified debate on whether further reforms to mortgage insurance are nee
Publikováno v:
International Journal of Global Warming. 17:59
This paper presents an integrated assessment model for use with climate policy decision making in Canada. The feedback based integrated assessment model ANEMI_CDN represents Canada within the global society-biosphere-climate-economy-energy system. Th
Publikováno v:
Environmental Modelling & Software. 49:1-21
The feedback based integrated assessment model ANEMI_2 represents the society-biosphere-climate-economy-energy system of the earth and biosphere. The ANEMI_2 model is based on the system dynamics simulation approach that (a) allows for the understand
Autor:
Pedro S. Amaral, James MacGee
Publikováno v:
Working paper (Federal Reserve Bank of Cleveland).
Autor:
Thorsten V. Koeppl, James MacGee
Publikováno v:
European Economic Review. 53:222-236
We show that interbank markets are a poor substitute for “broad” banks that operate across regions or sectors. In the presence of regional or sectoral asset and liquidity shocks, interbank markets can distribute liquidity efficiently, but fail to