Zobrazeno 1 - 10
of 1 338
pro vyhledávání: '"jel:E51"'
Publikováno v:
Journal of Money, Credit and Banking.
This paper augments a relatively standard dynamic general equilibrium model with financial frictions in order to quantify the macroeconomic effects of the credit deepening process observed in many Latin American (LA) countries in the last decade, mos
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1c7ad3226d8eca3a43bfd6c48822cfca
https://doi.org/10.1111/jmcb.12936
https://doi.org/10.1111/jmcb.12936
Publikováno v:
SSRN
We measure the impact of bank capital requirements on corporate borrowing and expansion. We use French loan-level data and take advantage of the transition from Basel I to Basel II. While under Basel I the capital charge was the same for all firms, u
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9ad0c1169b081365714e62ffd708719d
https://doi.org/10.1287/mnsc.2018.3222
https://doi.org/10.1287/mnsc.2018.3222
Autor:
Gersbach, Hans, Zelzner, Sebastian
We provide a rationale for bank money creation in our current monetary system by investigating its merits over a system with banks as intermediaries of loanable funds. The latter system could result when CBDCs are introduced. In the loanable funds sy
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::c377365ac5bdfe89b56edbd5b43e5614
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/63417
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/63417
Autor:
Rösl, Gerhard, Seitz, Franz
The authors focus on the stabilizing role of cash from a society-wide perspective. Starting with conceptual remarks on the importance of money for the economy in general, special attention is paid to the unique characteristics of cash. As these becom
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::48c68f40bfa661fb3a9729d1e6ce4a23
http://publikationen.ub.uni-frankfurt.de/files/65178/IMFS_WP_167.pdf
http://publikationen.ub.uni-frankfurt.de/files/65178/IMFS_WP_167.pdf
Publikováno v:
Journal of International Economics
We study the impact of monetary policy on the supply of bank credit when bank lending is denominated in foreign currencies. Accessing a comprehensive supervisory dataset from Hungary, we find that the supply of bank credit in a foreign currency is le
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9b63d197db268ba9f9906525c911b2d7
https://www.zora.uzh.ch/id/eprint/210395/
https://www.zora.uzh.ch/id/eprint/210395/
We explore Lithuanian credit register data and two bank closures to provide a novel estimate of firms' bank-switching costs and a novel identification of the hold-up problem. We show that when a distressed bank's closure forced firms to switch, these
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::1af2aaf387a298f6a000a5aa1bea964a
https://hdl.handle.net/11250/2758398
https://hdl.handle.net/11250/2758398
Autor:
Kilian, Lutz, Zhou, Xiaoqing
Predictions of oil prices reaching $100 per barrel during the winter of 2021/22 have raised fears of persistently high inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil scenari
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::2649a83c24c8e31fb2dc9758128aca2f
https://hdl.handle.net/10419/249000
https://hdl.handle.net/10419/249000
Autor:
Rösl, Gerhard, Seitz, Franz
Despite the increasing use of cashless payment instruments, the notion that cash loses importance over time can be unambiguously refuted. In contrast, the authors show that cash demand increased steeply over the past 30 years. This is not only true o
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::180570b58b52a55896c149ff039e41da
https://hdl.handle.net/10419/229444
https://hdl.handle.net/10419/229444
Autor:
Böhl, Gregor, Hommes, Cars
Can boundedly rational agents survive competition with fully rational agents? The authors develop a highly nonlinear heterogeneous agents model with rational forward looking versus boundedly rational backward looking agents and evolving market shares
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______603::1396ff1559d45755e3e9b6902e3bb066
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/56453
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/56453
The consumption behaviour of UK, US and Japanese households is examined and compared using a modern Ando-Modigliani style consumption function. The models incorporate income growth expectations, income uncertainty, housing collateral and other credit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::ecf90c4b4bfcd8dc3fed8ea7ad70e52a
https://ora.ox.ac.uk/objects/uuid:6250885e-8e1a-4e06-aa6a-7d9c8359d06e
https://ora.ox.ac.uk/objects/uuid:6250885e-8e1a-4e06-aa6a-7d9c8359d06e