Thema Geldpolitik

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272 Ergebnisse, ab 41
Schumpeter BSE Macro Seminar

The Big Bang: Stock Market Capitalization in the Long Run (with Kaspar Zimmermann)

29.10.2019| Dmitry Kuvshinov, Pompeu Fabra
Schumpeter BSE Macro Seminar

On the Negatives of Negative Interest Rates and the Positives of Exemption Thresholds

This research seminar is jointly organized with the Collaborative Research Center TRR 190 „Rationality and Competition“

22.10.2019| Aleksander Berentsen, University Basel
Forschungsprojekt

The Impact of Monetary Policy on Structural Reforms in the Euro Area

The aim of this project is to estimate the impact of monetary policy on structural reforms in the euro area. We first identify exogenous ECB policy changes through an event study that extracts the unexpected variation in euro area interest rates on policy announcement days. We estimate then the effect of monetary policy shocks on the number of reforms and investigate whether the effect is stronger...

Aktuelles Projekt| Makroökonomie
Seminar

TBA

10.07.2019| Dirk Baur, The University of Western Australia
Seminar

TBA

03.07.2019| Cédric Tille
Seminar

Distance(s) and the volatility of international trade(s)

Abstract: Does distance matter for the volatility of international real and financial transactions? We show that it does, in addition to its well-established relevance for the level of trade. A simple model of trade with endogenous markups shows that demand shocks have a larger impact on trade between more distant countries. We test this implication in two steps, relying on a broad range of real...

03.07.2019| Cedric Tille, Graduate Institute Geneva
Seminar

Growing Like Germany: Local Public Debt, Local Banks, Low Private Investment

Germany’s persistent current account surplus reflects to a large extent low domestic private investment. We argue that two factors—the local fragmentation of Germany’s banking system and the role of local banks in local public finance—can help explain why investment is so low. Local public banks dominate lending to small and medium firms in many regions of Germany. At the...

26.06.2019| Mathias Hoffmann, University of Zurich
Workshop

Workshop on Fiscal Policy in Times of Crisis

The global financial and the subsequent European Sovereign Debt crisis have renewed the interest in fiscal policy as a macroeconomic stabilization device because central banks have lost their conventional measure of stimulating the economy through reductions in the policy interest rate. At the same time, rising debt burdens following the crisis - especially in Europe - have called into question...

20.06.2019
Seminar

Microforecasting with Individual Forecast Selection

19.06.2019| Raffaella Giacomini, University College London
272 Ergebnisse, ab 41