Showing 1 - 10 of 29
Persistent link: https://www.econbiz.de/10010425526
Persistent link: https://www.econbiz.de/10008937805
Persistent link: https://www.econbiz.de/10013411493
This paper studies the network structure and fragmentation of the Argentine interbank market. Both the unsecured (CALL) and the secured (REPO) markets are examined. The aim of this study is to understand their actual fragmentation, as well as its potential implications for monetary policy and...
Persistent link: https://www.econbiz.de/10012802027
Persistent link: https://www.econbiz.de/10015097172
This paper studies the network structure and fragmentation of the Argentinean interbank market. The unsecured (CALL) and secured (REPO) markets are examined, applying complex network analysis. Results indicate that although the secured market has fewer participants, its nodes are more densely...
Persistent link: https://www.econbiz.de/10013393419
Persistent link: https://www.econbiz.de/10015115969
Persistent link: https://www.econbiz.de/10015119677
The ‘paradox of progress’ is an empirical regularity that associates more education with larger income inequality. Two driving and competing factors behind this phenomenon are the convexity of the ‘Mincer equation’ (that links wages and education) and the heterogeneity in its returns, as...
Persistent link: https://www.econbiz.de/10013179189
This paper examines the adjustment of developing country labor markets to macroeconomic shocks. It models as having two sectors: a formal salaried (tradable) sector that may or may not be affected by union or legislation induced wage rigidities, and an informal (nontradable) self-employment...
Persistent link: https://www.econbiz.de/10010268792