Similar Search Results

Enhancing the Liquidity of U.S. Treasury Securities in an Era of Surpluses

Bennett, Paul; Garbade, Kenneth; Kambhu, John - Federal Reserve Bank <New York, NY>; Leonard N. Stern …; … - 2000

[...]Our first suggestion is to reduce the fragmentation oftrading in STRIPS by assigning the same CUSIP number to allSTRIPS maturing on a common date—thus making thoseSTRIPS fungible with each other. In addition to enhancing theliquidity of the STRIPS market, this action would ensure...

Persistent link: https://www.econbiz.de/10005870027

The Case for TIPS: An Examination of the Costs and Benefits

Dudley, William C.; Roush, Jennifer E.; Ezer, Michelle … - London School of Economics and Political Science - 2009

[...]Importantly, these studies rely entirely on ex post analysis.In other words, the studies ask, Given the actual inflationoutcome, did the costs of TIPS issuances exceed the costs ofnominal Treasury issuances of similar durations? Thisapproach depends on the actual inflation outcome, which...

Persistent link: https://www.econbiz.de/10005869398

The Anglo-German Productivity Puzzle, 1895-1935: A Restatement and a Possible Resolution

Ritschl, Albrecht - London School of Economics and Political Science - 2008

Recent research on international productivity comparisons has focused on the discrepancies between benchmark … comparisons and time series extrapolations from other benchmarks. For a 1907 benchmark, Stephen Broadberry and Carsten Burhop … benchmark is consistent with their 1907 benchmark, provided that a traditional but disputed industrial production series of …

Persistent link: https://www.econbiz.de/10005870508

Status Incentives

Besley, Timothy; Ghatak, Maitreesh - London School of Economics and Political Science - 2008

When economists study incentives in organizations,the main focus has been on using monetary paymentsin exchange for performance on specific measurabledimensions. But organizations use a wide varietyof means to motivate their workers. One suchmethod which has not been studied much to date, isthe...

Persistent link: https://www.econbiz.de/10008860721

US real interest rates and default risk in emerging economies

Nathan Foley-Fisher; Guimarães, Bernardo - London School of Economics and Political Science - 2009

We empirically analyse the appropriateness of indexing emerging market sovereign debt to USreal interest rates. We find that policy-induced exogenous increases in US rates raise default riskin emerging market economies, as hypothesised in the theoretical literature. However, we also findevidence...

Persistent link: https://www.econbiz.de/10008911503

Monetary policy, default risk and the exchange rate

Gonçalves, Carlos Eduardo Soares; Guimarães, Bernardo - London School of Economics and Political Science - 2010

In a country with high probability of default, higher interest rates may render the currency lessattractive if sovereign default is costly. This paper develops that intuition in a simple model andestimates the effect of changes in interest rates on the exchange rate in Brazil using data from...

Persistent link: https://www.econbiz.de/10008911505

Study on the development of statistical data on the European security technological and industrial base : Security Sector Survey Analysis: Germany

Ecorys - 2015

This Background Report has been produced as part of the study on “Development of statistical data on the European security technological and industrial base” commissioned by the European Commission within the Framework Contract on Security (ENTR/09/050) between the European Commission and a...

Persistent link: https://www.econbiz.de/10011799442

Study on the development of statistical data on the European security technological and industrial base : Security Sector Survey Analysis: Spain

Ecorys - 2015

Persistent link: https://www.econbiz.de/10011799443

Study on the development of statistical data on the European security technological and industrial base : Security Sector Survey Analysis: France

Ecorys - 2015

Persistent link: https://www.econbiz.de/10011799444

Study on the development of statistical data on the European security technological and industrial base : Security Sector Survey Analysis: Italy

Ecorys - 2015

Persistent link: https://www.econbiz.de/10011799445