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Sellers' inflation, profits and conflict : why can large firms hike prices in an emergency?

Weber, Isabella; Wasner, Evan - 2023

windfall profits and provide an impulse for further price hikes. (2) To protect profit margins from rising costs, downstream …

Persistent link: https://www.econbiz.de/10014229825

Sellers' inflation, profits and conflict : why can large firms hike prices in an emergency

Weber, Isabella; Wasner, Evan - In: Review of Keynesian economics 11 (2023) 2, pp. 183-213

Persistent link: https://www.econbiz.de/10014383397

Should a central bank transfer its profits to the treasury?

Alvarez, Fernando; Arreaza, Adriana; Zambrano, Eduardo - In: Economia : journal of the Latin American and Caribbean … 18 (2018) 2, pp. 87-119

Persistent link: https://www.econbiz.de/10011877633

Should a Central Bank Transfer Its Profits to the Treasury?

Alvarez-Parra, Fernando - 2017

In this paper we show how two seemingly irrelevant accounting principles for central banks -the choice of the unit of account for its balance sheet and the method of inventory valuation of foreign currency reserves- can overstate or understate profits transferred to the treasury and how this can...

Persistent link: https://www.econbiz.de/10012706813

A Tale of Two Margins : Monetary Policy and Capital Misallocation

Albrizio, Silvia; González, Beatriz; Khametshin, Dmitry - 2023

This paper explores the impact of monetary policy on capital misallocation through its heterogeneous effects on firms. Using Spanish firm-level data covering the period 1999-2019, we show that an expansionary monetary policy shock leads to a decrease in capital misallocation, as measured by the...

Persistent link: https://www.econbiz.de/10014261609

Unconventional monetary policy and productivity : evidence on the risk-seeking channel from us corporate bond markets

Albrizio, Silvia; Conesa, Marina; Dlugosch, Dennis; … - 2019

We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US between 2008 and 2016. Using monetary policy surprises, obtained from changes in interest rates futures in narrow windows around FOMC announcements, we isolate the increased...

Persistent link: https://www.econbiz.de/10011975741

Aggregate Profitability Changes, Monetary Policy and Inflation

Apostolidi, Maria - 2014

We investigate the monetary linkage between aggregate accounting profitability changes and inflation. Recent previous … (i.e., real riskless rate, expected inflation, and expected equity risk premium) further supporting the theory of … the impact of aggregate profitability changes on monetary-policy-stance measures in order to explain the relation between …

Persistent link: https://www.econbiz.de/10013061888

Transparency, Accounting Discretion, and Bank Stability

Bushman, Robert M. - 2017

This article examines the consequences of accounting policy choices for individual banks' downside tail risk, for the codependence of such risk among banks, and for regulatory forbearance, or the decision by a regulator not to intervene. The author synthesizes recent research that provides...

Persistent link: https://www.econbiz.de/10012968373

Transparency, Accounting Discretion and Bank Stability

Bushman, Robert M. - 2015

An important unresolved issue is the extent to which bank transparency promotes or undermines bank stability. Conflicting views on transparency create a demand for empirical research that can provide insights into the nature of transparency and when, where and how it positively or negatively...

Persistent link: https://www.econbiz.de/10013020227

(Why) do central banks care about their profits?

Goncharov, Igor; Ioannidou, Vasso; Schmalz, Martin C. - 2017

profits. The discontinuity in the profit distribution is (i) more pronounced amid greater political or public pressure, the …. These findings indicate that profitability concerns, while absent from standard theoretical models of central banking, are …

Persistent link: https://www.econbiz.de/10011672490