Zobrazeno 1 - 10
of 20
pro vyhledávání: '"Romain Baeriswyl"'
Publikováno v:
Swiss Journal of Economics and Statistics, Vol 160, Iss 1, Pp 1-15 (2024)
Abstract The issuance of retail central bank digital currency (CBDC) involves a transfer of risk from commercial banks to the central bank. Mechanisms that limit the transfer of risk, such as an unattractive interest rate, a quantity ceiling or the n
Externí odkaz:
https://doaj.org/article/cef5e5344c9145679c1fbd561608b7d3
Autor:
Romain Baeriswyl
Publikováno v:
The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume I ISBN: 9783031174131
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ccfb61a5e47e2a73571b541a326f8d24
https://doi.org/10.1007/978-3-031-17414-8_3
https://doi.org/10.1007/978-3-031-17414-8_3
Autor:
Romain Baeriswyl
Publikováno v:
REVISTA PROCESOS DE MERCADO. :43-80
The 100%-Money plan advocated by Fisher (1936) has a Misesian flavor as it aims at mitigating intertemporal discoordination by reducing (i) the discrepancy between investment and voluntary savings, and (ii) the manipula tion of interest rates by mo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ae2c2937334b165952ecf606a38e3c74
https://doi.org/10.52195/pm.v12i2.136
https://doi.org/10.52195/pm.v12i2.136
Autor:
Camille Cornand, Romain Baeriswyl
Publikováno v:
The B.E. Journal of Theoretical Economics. 16:267-301
The weight assigned to public information in Keynesian beauty contests depends on both the precision of signals and the degree of strategic complementarities. This experimental study shows that the response of subjects to changes in signal precision
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b9ef69038434b056479086c35f21e56a
https://doi.org/10.1515/bejte-2015-0002
https://doi.org/10.1515/bejte-2015-0002
Autor:
Romain Baeriswyl, Camille Cornand
Publikováno v:
B.E. Journal of Macroeconomics
B.E. Journal of Macroeconomics, 2018, 18 (2), ⟨10.1515/bejm-2017-0037⟩
B.E. Journal of Macroeconomics, De Gruyter, 2018, 18 (2), ⟨10.1515/bejm-2017-0037⟩
B.E. Journal of Macroeconomics, 2018, 18 (2), ⟨10.1515/bejm-2017-0037⟩
B.E. Journal of Macroeconomics, De Gruyter, 2018, 18 (2), ⟨10.1515/bejm-2017-0037⟩
In an experimental monetary general equilibrium economy, we assess two processes of monetary injection: credit expansion vs. lump-sum monetary transfers. In theory, both processes are neutral and exert no real effect on allocation. In the experiment,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::40186f3af93115fe108a2328cdbdc8ab
https://shs.hal.science/halshs-01653459
https://shs.hal.science/halshs-01653459
Autor:
Romain Baeriswyl
Publikováno v:
Monetary Policy, Financial Crises, and the Macroeconomy ISBN: 9783319562605
This paper argues that central banks could control consumer price inflation better by injecting money through lump-sum transfers to citizens, rather than by manipulating the credit market and interest rates. Lump-sum monetary transfers lead to less i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::87ea3fd71286e5c5a04c28b39fb42ec9
https://doi.org/10.1007/978-3-319-56261-2_6
https://doi.org/10.1007/978-3-319-56261-2_6
Autor:
Romain Baeriswyl, Camille Cornand
Publikováno v:
Journal of the European Economic Association. 12:1087-1126
Financial markets are known for overreacting to public information. Central banks can reduce this overreaction either by disclosing information to a fraction of market participants only (partial publicity) or by disclosing information to all particip
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::44d01c4652c0894b5d7a9b35139d7e97
https://doi.org/10.1111/jeea.12077
https://doi.org/10.1111/jeea.12077
Publikováno v:
Journal of Money, Credit and Banking
Journal of Money, Credit and Banking, Wiley, 2019, ⟨10.1111/jmcb.12682⟩
Journal of Money, Credit and Banking, Wiley, In press
Journal of Money, Credit and Banking, 2019, ⟨10.1111/jmcb.12682⟩
Journal of Money, Credit and Banking, Wiley, 2019, ⟨10.1111/jmcb.12682⟩
Journal of Money, Credit and Banking, Wiley, In press
Journal of Money, Credit and Banking, 2019, ⟨10.1111/jmcb.12682⟩
International audience; While the central bank observes the market activity to assess economic fundamentals, it shapes the market outcome through its policy interventions. The more the central bank influences the market, the more it spoils the inform
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::736c80caffe5fd677cace6d88e9ca4fa
https://shs.hal.science/halshs-01340635v4/file/1623.pdf
https://shs.hal.science/halshs-01340635v4/file/1623.pdf
Autor:
Romain Baeriswyl
Publikováno v:
International Journal of Central Banking. 7(2):85-111
As a policymaker, the central bank both observes and shapes the economy. The central bank scrutinizes market activity to assess the state of the economy, and its policy strongly shapes market outcomes. When transparency allows the central bank to sha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::f258e7f95acd3cb2729056123e6b6f23
http://www.ijcb.org/journal/ijcb11q2a3.pdf
http://www.ijcb.org/journal/ijcb11q2a3.pdf
Autor:
Romain Baeriswyl, Camille Cornand
Publikováno v:
International Journal of Central Banking. 6(2):31-52
This paper argues that a central bank’s optimal policy in response to a cost-push shock depends upon its disclosure regime. More precisely, a credible central bank may find it optimal to implement an accommodative monetary policy in response to a p
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::fd9472f866af9f0578aaed9c12188369
http://www.ijcb.org/journal/ijcb10q2a2.pdf
http://www.ijcb.org/journal/ijcb10q2a2.pdf