Similar Search Results

Fiscal performance under inflation and inflation surprises: evidence from fiscal reaction functions for the euro area

Stæhr, Karsten; Tkačevs, Oļegs; Urke, Katri - 2023

Persistent link: https://www.econbiz.de/10014281684

Key factors influencing customer repurchase intention for services : a structural model approach

Hellier, Phillip K.; Rickard, John A. - 1999

Persistent link: https://www.econbiz.de/10001363300

Uncertain consumer tastes and two-part tariff

Wang, Hao - 2007

A service provider sells to homogenous risk-averse consumers through a two-part tariff. The consumers have uncertain … tastes toward the service. They subscribe the service before the uncertainty resolves. In contrast with the common view that …'s marginal production cost, I show that when consumers have uncertain tastes, the service provider's optimal two-part tariff …

Persistent link: https://www.econbiz.de/10009298686

Should the Nordic countries join a European Monetary Union? : an empirical analysis

Bergman, U. Michael - 1997

Persistent link: https://www.econbiz.de/10013274913

Competitive intelligence responses in the banking industry to Europe 1992

Gibbons, Patrick T.; Prescott, John E. - 1993

Persistent link: https://www.econbiz.de/10000884242

Overborrowing and balance of payments imbalances in a monetary union

Sy, Mouhamadou Mounirou - 2015

Persistent link: https://www.econbiz.de/10011540537

In search of the Euro area fiscal stance

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

This paper investigates the role of fiscal policies over the aggregate EMU business cycle. Previous studies, based on the assumption of non-separability between public and private consumption, obtain a large public consumption multiplier, a small fraction of non-Ricardian households and,...

Persistent link: https://www.econbiz.de/10011529025

The (unintended?) consequences of the largest liquidity injection ever

Crosignani, Matteo; Faria-e-Castro, Miguel; Fonseca, Luís - 2016

We study the design of lender of last resort interventions and show that the provision of long-term liquidity incentivizes purchases of high-yield short-term securities by banks. Using a unique security-level data set, we find that the European Central Bank's three-year Long-Term Refinancing...

Persistent link: https://www.econbiz.de/10011975661

Collateral scarcity premia in euro area repo markets

Ferrari, Massimo; Guagliano, Claudia; Mazzacurati, Julien - 2017

Collateral plays a very important role in financial markets. Without easy access to high-quality collateral, dealers and market participants would find it more costly to trade, with a negative impact on market liquidity and the real economy through increased financing costs. The role of...

Persistent link: https://www.econbiz.de/10011978326

Evaluating macroprudential policies

Buch, Claudia M.; Vogel, Edgar; Weigert, Benjamin - 2018

Macroprudential policy is a relatively new policy field. Its goal is to preserve financial stability and to prevent the build-up of systemic risk that may have adverse effects for the functioning of the financial system and for the real economy. New institutions have been tasked with the...

Persistent link: https://www.econbiz.de/10011978687