Zobrazeno 1 - 5
of 5
pro vyhledávání: '"Jean Flemming"'
Autor:
Garth Baughman, Jean Flemming
Publikováno v:
Review of Economic Dynamics. 48:244-264
We develop a model where persistent trade shocks create demand for a basket- backed stablecoin, such as Mark Carney's "synthetic hegemonic currency" or Facebook's recent proposal for Libra. In numerical simulations, we find four main results. First,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1066507f7d8fbca480ff9ad618f075c7
https://doi.org/10.1016/j.red.2022.05.003
https://doi.org/10.1016/j.red.2022.05.003
Autor:
Francesca Carapella, Jean Flemming
Publikováno v:
FEDS Notes. 2020
Technological advances in recent years have led to a growing number of fast, electronic means of payment available to consumers for everyday transactions, raising questions for policymakers about the role of the public sector in providing a digital p
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::694f8bd659be1ac2c46c4f9042a5d690
https://doi.org/10.17016/2380-7172.2790
https://doi.org/10.17016/2380-7172.2790
Autor:
Jean Flemming
Publikováno v:
SSRN Electronic Journal.
Even though workers in the UK spent just 1,000 pounds on commuting in 2017, the economic loss may be far higher because of the congestion externality arising from the way in which one worker's commute affects the commuting time of others. I provide e
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::aaa8f61470dc8f7a2e8ab2a0e25f0a5c
https://doi.org/10.2139/ssrn.3601282
https://doi.org/10.2139/ssrn.3601282
Autor:
Jean Flemming
Publikováno v:
Journal of Economic Theory. 189:105099
An evolving outside option is introduced into a stochastic directed search model with skill loss during non-employment. Using multi-spell data from the SIPP, I show that average reemployment wages are only mildly sensitive to unemployment duration wh
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::81e82ce5ad73e012384475be9c8e8a6c
https://doi.org/10.1016/j.jet.2020.105099
https://doi.org/10.1016/j.jet.2020.105099
Publikováno v:
Journal of International Economics. 121:103251
We analyze the optimal macroprudential policy under the presence of persistent permanent shocks, which convey information about future growth. In this context, crises are characterized by long periods with positive shocks that eventually revert, rend
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::203523dd4dd95f06d0126741ee909ddd
https://doi.org/10.1016/j.jinteco.2019.103251
https://doi.org/10.1016/j.jinteco.2019.103251