Zobrazeno 1 - 10
of 191
pro vyhledávání: '"Mark Gertler"'
Autor:
Jordi Galí, Mark Gertler
United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital marke
Autor:
Mark Gertler, Kenneth Rogoff
This 20th edition of the NBER Macroeconomics Annual treats many questions at the cutting edge of macroeconomics that are central to current policy debates. The papers and discussions include an analysis of the differential between American and Europe
Autor:
Mark Gertler, Kenneth Rogoff
The NBER Macroeconomics Annual presents pioneering work in macroeconomics by leading academic researchers to an audience of public policymakers and the academic community. Each commissioned paper is followed by comments and discussion. This year's ed
Autor:
Mark Gertler, Kenneth Rogoff
The NBER Macroeconomics Annual presents, extends, and applies pioneering work in macroeconomics and stimulates work by macroeconomists on important policy issues. Each paper in the Annual is followed by comments and discussion.
Publikováno v:
Review of Economic Dynamics. 37:S8-S33
We develop a model of banking panics which is consistent with two important features of the data: First, banking crises are usually preceded by credit booms. Second, credit booms often do not result in crises. That is, there are “bad booms” as we
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0ce6ba6acffd714cf00caa0f308777fb
https://doi.org/10.1016/j.red.2020.06.004
https://doi.org/10.1016/j.red.2020.06.004
Publikováno v:
AEA Papers and Proceedings. 110:463-469
We study the welfare effects of macroprudential policy in a macroeconomic model of banking instability. Banking panics are endogenous economic disasters caused by banks' excessive leverage during credit booms. The model matches the frequency and seve
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::557df098a3d816d04c515b38ed3e4b63
https://doi.org/10.1257/pandp.20201022
https://doi.org/10.1257/pandp.20201022
Autor:
Mark Gertler, Nellie Liang
Publikováno v:
Brookings Papers on Economic Activity. 2020:214-229
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c63d4d95da4d7fecd096e374544684d3
https://doi.org/10.1353/eca.2020.0026
https://doi.org/10.1353/eca.2020.0026