Zobrazeno 1 - 10
of 12
pro vyhledávání: '"Vaishali Garga"'
Publikováno v:
Federal Reserve Bank of Boston Research Department Working Papers.
Autor:
Christopher D. Cotton, Vaishali Garga
Publikováno v:
Federal Reserve Bank of Boston Research Department Working Papers.
Publikováno v:
Federal Reserve Bank of Boston Research Department Working Papers.
Publikováno v:
Economics and human biology. 48
We use US state-level data from early in the pandemic -March 15, 2020 to November 15, 2020- to estimate the effects of mask mandates and compliance with mandates on Covid-19 cases and deaths, conditional on mobility. A one-standard-deviation increase
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Federal Reserve Bank of Boston Research Department Working Papers.
We study the mortgage cash flow channel of monetary policy transmission under fixed-rate mortgage (FRM) versus adjustable-rate mortgage (ARM) regimes by comparing the United States with primarily long-term FRMs and Spain with primarily ARMs that auto
Publikováno v:
Federal Reserve Bank of Boston Research Department Working Papers.
This paper exploits the variation in the unemployment rate of different occupations in the first part of the COVID-19 pandemic to analyze the response of consumption spending to unemployment risk. We find that earlier in the pandemic, higher unemploy
Autor:
Vaishali Garga
Publikováno v:
Federal Reserve Bank of Boston Research Department Working Papers.
Low natural real interest rates limit the power of monetary policy to revive the economy due to the zero lower bound (ZLB) on the nominal interest rate. Fiscal stabilization via higher government debt is frequently recommended as a policy to raise th
Autor:
Vaishali Garga, Gauti B. Eggertsson
Publikováno v:
Review of Economic Dynamics. 31:363-392
This paper shows that under a strict inflation targeting regime, the government spending multiplier at the zero lower bound (ZLB) is larger under sticky information than under sticky prices. Similarly, well known paradoxes, e.g., the paradox of toil
Publikováno v:
SSRN Electronic Journal.
Unemployment rates reached unprecedented levels during the COVID-19 pandemic. The nature of the virus transmission, and the policy interventions enacted in response, however, is such that certain "high risk" occupations suffered more than the "low ri