Zobrazeno 1 - 10
of 57
pro vyhledávání: '"Nathan S. Balke"'
Publikováno v:
Federal Reserve Bank of Dallas, Globalization Institute Working Papers. 2017
Publikováno v:
Federal Reserve Bank of Dallas, Working Papers. 2020
We build and estimate a dynamic, structural model of the world oil market in order to quantify the impact of the shale revolution. We model the shale revolution as a dramatic decrease in shale production costs and explore how the resultant increase i
Publikováno v:
SSRN Electronic Journal.
In this paper, we identify exogenous shocks to credit demand, financial inter-mediation, and supply of funds, and determine the contribution of these shocks to fluctuations in the credit market and overall economic activity. We estimate a structural
Autor:
Nathan S. Balke, Stephen P. A. Brown
Publikováno v:
Energy Policy. 116:357-372
We develop and use a medium-sized DSGE model of the U.S. economy to evaluate how U.S. real GDP responds to oil price movements that originate from global oil supply shocks. The core of the model is a standard macroeconomic DSGE framework that include
Publikováno v:
Economic Modelling. 100:105493
We examine the interaction of uncertainty and credit frictions in a New Keynesian framework. The model considers credit frictions arising from costly-state verification in the provision of loans to fund the acquisition of capital by entrepreneurs and
Publikováno v:
Journal of Forecasting. 36:497-514
We apply customized text analytics to the written description of economic activity contained in the Beige Book (BB) in order to obtain a quantitative measure of current economic conditions. This quantitative BB measure is then incorporated into a dyn
Publikováno v:
Federal Reserve Bank of Dallas, Globalization Institute Working Papers. 2017
Publikováno v:
Federal Reserve Bank of Dallas, Globalization Institute Working Papers. 2017
Publikováno v:
The North American Journal of Economics and Finance. 56:101375
In this paper, we identify three exogenous shocks to credit market: demand for credit, supply of funds into the financial system, and the willingness to lend of financial institutions (financial intermediation), and also, determine the contribution o
Publikováno v:
SSRN Electronic Journal.
This paper integrates a financial accelerator mechanism a la Bernanke et al. (1999) and time-varying uncertainty into a medium-scale Dynamic New Keynesian model. In our model, uncertainty emerges from monetary policy (policy uncertainty) as well as f