Zobrazeno 1 - 10
of 69
pro vyhledávání: '"Pierluigi Morelli"'
Autor:
Pierluigi Morelli, Elena Seghezza
Publikováno v:
Journal of Policy Modeling
At the time of the financial crises of 2008 and 2010–11 the ECB reacted with an extremely cautious gradualism. This behaviour is attributable to the slower learning process that characterizes a central bank of a monetary union composed of countries
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e5a54908f68f1c0238bd74cec6375d15
https://doi.org/10.1016/j.jpolmod.2020.12.002
https://doi.org/10.1016/j.jpolmod.2020.12.002
Autor:
Pierluigi Morelli, Elena Seghezza
Publikováno v:
Economic Modelling. 92:309-317
The money multiplier collapsed in the USA in the wake of the Lehman crisis, and since then it remained at particularly low levels. The main reason for this collapse is to be found in the significant increase in banks’ excess reserves and the modest
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::fd68f4f8418bd1bba10722ea3f9a135e
https://doi.org/10.1016/j.econmod.2020.01.010
https://doi.org/10.1016/j.econmod.2020.01.010
Autor:
Pierluigi Morelli, Elena Seghezza
Publikováno v:
Financial History Review. 27:161-186
Since the publication of Cagan's seminal contribution in 1956 and its further development by Sargent (1982) there has been a growing literature that seeks to explain German hyperinflation in terms of the monetary hypothesis. However, this article sho
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::995aa1eccd10b7008720a9d62e9c2392
https://doi.org/10.1017/s0968565020000062
https://doi.org/10.1017/s0968565020000062
Publikováno v:
Public Choice. 186:337-350
We study the Venezuelan hyperinflation as a political phenomenon with distributional and efficiency effects. The hyperinflation originated in publicly financed benefits for the government’s low-income supporters and also had a distributional effect
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::912e847f2176b33ac31b14ee15560742
https://doi.org/10.1007/s11127-019-00766-5
https://doi.org/10.1007/s11127-019-00766-5
Publikováno v:
Journal of Banking & Finance. 97:238-256
We test whether relatively small US commercial banks that use traditional banking business models are more likely to survive during both good and bad economic climates. Our concept of bank survival is derived from Stigler (1958), and includes any ban
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f8989801aafb3fbd19de24e681d02af4
https://doi.org/10.1016/j.jbankfin.2018.10.008
https://doi.org/10.1016/j.jbankfin.2018.10.008
Autor:
Pierluigi Morelli, Elena Seghezza
Publikováno v:
European Review of Economic History. 23:30-49
The most widely accepted interpretation of the Second Reform Act is the redistributivist hypothesis. This interpretation, however, is at odds with the absence of redistributive measures in the years after the 1867 Reform Act. Drawing on the social id
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c7e14b2f833ab915f27204a64cbaaccd
https://doi.org/10.1093/ereh/hey007
https://doi.org/10.1093/ereh/hey007
Publikováno v:
Economic Notes. 46:491-526
We investigate the interactions between the business cycle and credit markets in Italy, focusing on how macroeconomic shocks affect the banking sector (i.e. the real effect) and in turn how the financial system’s reaction influences the economic ac
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c945541b979a8848e93e02a3b15d2165
https://doi.org/10.1111/ecno.12086
https://doi.org/10.1111/ecno.12086
Publikováno v:
European Journal of Political Economy. 47:163-174
Since the Asian financial crisis of 1997–1998, China has significantly increased its foreign exchange reserves. We argue that the resulting abnormal levels of currency reserves accumulated by Chinese authorities are not intended to maximize the cit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1adb77af192fe6d295d1c2d8ee362988
https://doi.org/10.1016/j.ejpoleco.2017.03.003
https://doi.org/10.1016/j.ejpoleco.2017.03.003