Zobrazeno 1 - 10
of 23
pro vyhledávání: '"Olivier Loisel"'
Autor:
Olivier Loisel, Behzad Diba
Publikováno v:
Journal of Monetary Economics. 118:230-244
We develop a model of monetary policy with a simple departure from the basic New Keynesian (NK) model. In this model, the central bank sets independently the interest rate on bank reserves and the nominal stock of bank reserves. Because reserves redu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a54f199c5502296a0b860e0d783a0882
https://doi.org/10.1016/j.jmoneco.2020.10.002
https://doi.org/10.1016/j.jmoneco.2020.10.002
Publikováno v:
Dellas, Harris; Diba, Behzad Tabatabai; Loisel, Olivier (2015). Liquidity Shocks, Equity Market Frictions and Optimal Policy. Macroeconomic dynamics, 19(6), pp. 1195-1219. Cambridge University Press 10.1017/S1365100513000795
In this paper, we study the positive and normative implications of financial shocks in a standard New Keynesian model that includes banks and frictions in the market for bank capital. We show how such frictions influence materially the effects of ban
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::455a3c93684f2af52a17834b6be2e182
http://doc.rero.ch/record/297533/files/S1365100513000795.pdf
http://doc.rero.ch/record/297533/files/S1365100513000795.pdf
Autor:
Behzad T. Diba, Olivier Loisel
Publikováno v:
SSRN Electronic Journal.
We develop a model of monetary policy with a small departure from the basic New Keynesian (NK) model. In this model, the central bank can set the interest rate on bank reserves and the nominal stock of bank reserves independently, because these reser
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4579d46ecdebe6cbb2eb8f621ecafa1c
https://doi.org/10.2139/ssrn.2917961
https://doi.org/10.2139/ssrn.2917961
Publikováno v:
Journal of International Economics. 83:154-167
article i nfo Monetary union can benefit countries suffering from policy credibility problems if it eliminates the inflation bias and also allows for more efficient management of certain shocks. But it also carries costs as some stabilization may be
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6c5de8c4c95e8c1e06727e149ac0ad52
https://doi.org/10.1016/j.jinteco.2010.11.002
https://doi.org/10.1016/j.jinteco.2010.11.002
Autor:
Olivier Loisel
Publikováno v:
Journal of Economic Theory. 144:1521-1559
We consider a broad class of linear dynamic stochastic rational-expectations models made of a finite number N of structural equations for N+1 endogenous variables and to be closed by one policy feedback rule. We design, for any model of this class an
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0c7311a313d397ac22778ac16a608e22
https://doi.org/10.1016/j.jet.2008.11.011
https://doi.org/10.1016/j.jet.2008.11.011
Autor:
Daniel Cohen, Olivier Loisel
Publikováno v:
European Economic Review. 45:988-994
Against all odds, the euro turned out to be a weak currency. We argue that this outcome can readily be explained by the policy mix that was chosen at the onset of the period: tight fiscal policies following the convergence mechanism that was imposed
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4a513c5660d899cff16d155c6853eff3
https://doi.org/10.1016/s0014-2921(01)00135-0
https://doi.org/10.1016/s0014-2921(01)00135-0
Autor:
Johannes Büchler, Sumire Honda Malca, David Patsch, Moritz Voss, Nicholas J. Turner, Uwe T. Bornscheuer, Oliver Allemann, Camille Le Chapelain, Alexandre Lumbroso, Olivier Loiseleur, Rebecca Buller
Publikováno v:
Nature Communications, Vol 13, Iss 1, Pp 1-11 (2022)
The late-stage functionalization of unactivated carbon–hydrogen bonds is a difficult but important task, which has been met with promising but limited success through synthetic organic chemistry. Here the authors use machine learning to engineer We
Externí odkaz:
https://doaj.org/article/b0080e192c1f4807837af8d63df4a6df
Autor:
Olivier Loisel
In locally linearized dynamic stochastic rational‐expectations models, I introduce the concepts of feasible paths (paths on which the policy instrument can be expressed as a function of the policymaker's observation set) and implementable paths (pa
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c9e55f3d38e04c64ddbf3ed2597d8488
http://www.crest.fr/images/docTravail2013/2013-24.pdf
http://www.crest.fr/images/docTravail2013/2013-24.pdf
The recent financial crisis has highlighted the interconnectedness between macroeconomic and financial stability and has raised the question of whether and how to combine the corresponding main policy instruments (interest rate and bank-capital requi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7550eadccef1deb4c3ec96baeb3f870d
http://www.crest.fr/images/doctravail/doctravail2012/2012-34.pdf
http://www.crest.fr/images/doctravail/doctravail2012/2012-34.pdf
Publikováno v:
SSRN Electronic Journal.
The recent financial crisis has highlighted the interconnectedness between macroeconomic and financial stability and has raised the question of whether and how to combine the corresponding main policy instruments (interest rate and bank-capital requi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ba6cb1c72febe47d88cf6e52e233ab62
https://doi.org/10.2139/ssrn.2192467
https://doi.org/10.2139/ssrn.2192467