Search Results - subject:"Debt monetisation"

Did you mean: subject:"Debt monetization" (22 results)

Can debt monetisation be helpful for China's post-Covid recovery? Some empirical evidence

Cao, Ziyi; Ou, Zhirong - 2021

A measure of the degree of debt monetisation is constructed for its impact on the business cycle to be studied in a … standard VAR model. Debt monetisation is hardly expansionary, as it raises public demand that crowds out almost as much demand … impact of debt monetisation on the business cycle dynamics is trivial, due to the low efficiency of the monetary transmission …

Persistent link: https://www.econbiz.de/10012876015

Can debt monetisation be helpful for Chinaís post-Covid recovery? : some empirical evidence

Cao, Ziyi; Ou, Zhirong - 2021 - First draft: October 2020

Persistent link: https://www.econbiz.de/10012483860

COVID-19 and emerging markets : an epidemiological model with international production networks and capital flows

Çakmaklı, Cem; Demiralp, Selva; Kalemli-Ozcan, Sebnem; … - 2020

We quantify the macroeconomic effects of COVID-19 for a small open economy by calibrating a SIR-multi-sector-macro model. We measure sectoral supply shocks utilizing teleworking and physical job proximity, and demand shocks with credit card purchases. Both shocks are also affected from changing...

Persistent link: https://www.econbiz.de/10012299359