Search Results - Business Economics

News shock spillovers : how the euro area responds to expected fed policy

Rudel, Paul; Tillmann, Peter - 2024

improves sentiment and business cycle expectations in the euro area, which is consistent with the notion of the Fed revealing …

Persistent link: https://www.econbiz.de/10014637094

Lockdown spillovers

Chen, Hongyi; Tillmann, Peter - 2022 - This version: April 08, 2022

Lockdowns imposed to fight the Covid-19 pandemic have cross-border effects. In this paper, we estimate the empirical magnitude of lockdown spillovers in a set of panel local projections. We use daily indicators of economic activity such as stock returns, effective exchange rates, NO2 emissions,...

Persistent link: https://www.econbiz.de/10013185744

Stock market response to Covid-19, containment measures and stabilization policies : the case of Europe

Klose, Jens; Tillmann, Peter - 2023

Persistent link: https://www.econbiz.de/10014373700

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Stock market response to COVID-19, containment measures and stabilization policies : the case of Europe

Klose, Jens; Tillmann, Peter - 2022

Book / Working Paper

Remittance flows and US monetary policy

Machasio, Immaculate; Tillmann, Peter - 2023

Persistent link: https://www.econbiz.de/10014308088

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Remittance flows and U.S. monetary policy

Machasio, Immaculate; Tillmann, Peter - 2021 - This version: October 27, 2021

Edition: This version: October 27, 2021

Book / Working Paper

Leading standards and the business cycle : evidence from loan survey releases

Hafemann, Lucas; Tillmann, Peter - 2021

The Fed's Senior Loan Officer Opinion Survey (SLOOS) is widely considered a good indicator of banks' lending conditions. We use the change in corporate bond spreads on SLOOS release days to instrument changes in lending standards. A series of estimated IV local projections shows that lending...

Persistent link: https://www.econbiz.de/10012608516

Pandemic shocks and household spending

Finck, David; Tillmann, Peter - 2020

We study the response of daily household spending to the unexpected component of the COVID-19 pandemic, which we label as pandemic shock. Based on daily forecasts of the number of fatalities, we construct the surprise component as the difference between the actual and the expected number of...

Persistent link: https://www.econbiz.de/10012542702

The role of global and domestic shocks for inflation dynamics : evidence from Asia

Finck, David; Tillmann, Peter - 2019

This paper studies the determinants of business cycles in small open economies and adds to the discussion about the …

Persistent link: https://www.econbiz.de/10011964249

News shocks spillovers : how the euro area responds to expected Fed policy

Rudel, Paul; Tillmann, Peter - 2018

improves sentiment and business cycle expectations in the euro area, which is consistent with the notion of the Fed revealing …

Persistent link: https://www.econbiz.de/10011921241

Pushing on a string : state-owned enterprises and monetary policy transmission in China

Chen, Hongyi; Li, Ran; Tillmann, Peter - 2018 - This version: February 06, 2018

This paper studies whether monetary transmission in China is asymmetric. While researchers found an asymmetric transmission in the U.S. and other economies, China offers a specific rationale for asymmetries: the presence of state-owned enterprises (SOEs) enjoying preferential access to...

Persistent link: https://www.econbiz.de/10011803747

Mortgage debt and time-varying monetary policy transmission

Finck, David; Schmidt, Jörg; Tillmann, Peter - 2018

We study the role of monetary policy for the dynamics of U.S. mortgage debt, which is the largest component of household indebtedness. A timevarying parameter VAR model allows us to study the variation in the mortgage debt sensitivity to monetary policy. We find that an identically-sized policy...

Persistent link: https://www.econbiz.de/10011803783