Search Results - subject_exact:"Akzelerator"

Endogenous mechanism of money creation in China's real estate market : financial accelerator effect

Zheng, Zunxin; Wu, Hangyu - 2025

We argue that China's housing market volatility is driven by a unique institutional nexus of local government 'land financing' and novel central bank monetary policy tools, distinguishing it from Western precedents. Addressing a critical research gap-the amplification role of bank credit...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015588268

Financial conditions and the macroeconomy : a two-factor view

Lombardi, Marco; Manea, Cristina; Schrimpf, Andreas - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015416255

The Diagnostic Financial Accelerator

Bounader, Lahcen - 2024

We develop a model with diagnostic expectations (DE) and a financial accelerator (FA) that generates mutually reinforcing shock amplification, especially in the case of demand shocks. However, supply shocks can be dampened via a debt deflation channel, which is strengthened amid DE. Importantly,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015080290

Macro and micro of external finance premium and monetary policy transmission

Altavilla, Carlo; Gürkaynak, Refet S.; Quaedvlieg, Rogier - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015071490

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Macro and micro of external finance premium and monetary policy transmission

Altavilla, Carlo; Gürkaynak, Refet S.; Quaedvlieg, Rogier - 2024

Book / Working Paper

Macro and micro of external finance premium and monetary policy transmission

Altavilla, Carlo; Gürkaynak, Refet S.; Quaedvlieg, Rogier - 2024

Book / Working Paper

Examining the financial accelerator : bank responses to the 2014 oil price shock

Marsh, W. Blake; Sengupta, Rajdeep; Rodziewicz, David - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015199429

Animal spirits, bankruptcies, and monetary policy effectiveness in a hybrid macroeconomic agent-based financial accelerator model

Bazzana, Davide - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015130616

The empirical performance of the financial accelerator since 2008

Böhl, Gregor; Strobel, Felix - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015556245

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The Empirical Performance of the Financial Accelerator Since 2008

Böhl, Gregor; Strobel, Felix - 2022

Book / Working Paper

Does the financial accelerator accelerate inequalities?

Ferlaino, Francesco - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014538827

Loan-to-value shocks and macroeconomic stability

Veirman, Emmanuel de - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013484713

The financial accelerator in the euro area : new evidence using a mixture VAR model

Bennani, Hamza; Burgard, Jan Pablo; Neuenkirch, Matthias - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014364406

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The financial accelerator in the euro area : new evidence using a mixture VAR model

Bennani, Hamza; Burgard, Jan Pablo; Neuenkirch, Matthias - 2021 - This Version: July 22, 2021

Edition: This Version: July 22, 2021

Book / Working Paper

The financial accelerator in the euro area : new evidence using a mixture VAR model

Bennani, Hamza; Neuenkirch, Matthias - 2020

Book / Working Paper

The Financial Accelerator in the Euro Area : New Evidence Using a Mixture VAR Model

Bennani, Hamza; Burgard, Jan Pablo; Neuenkirch, Matthias - 2021

Book / Working Paper

The Financial Accelerator in the Euro Area : New Evidence Using a Mixture VAR Model

Bennani, Hamza; Burgard, Jan Pablo; Neuenkirch, Matthias - 2021

Book / Working Paper

The Financial Accelerator in the Euro Area : New Evidence Using a Mixture VAR Model

Bennani, Hamza; Burgard, Jan Pablo; Neuenkirch, Matthias - 2021

Book / Working Paper

The Financial Accelerator in the Euro Area : New Evidence Using a Mixture VAR Model

Bennani, Hamza; Neuenkirch, Matthias - 2021

Book / Working Paper

The financial accelerator in the euro area : new evidence using a mixture VAR model

Bennani, Hamza; Burgard, Jan Pablo; Neuenkirch, Matthias - 2021 - First draft: November 23, 2020 ; this version: May 17, 2021

Edition: First draft: November 23, 2020 ; this version: May 17, 2021

Book / Working Paper

Alacrity : a new model for venture acceleration

Spigel, Ben; Khalid, Fizza; Wolfe, David A. - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014227752

The financial accelerator, wages, and optimal monetary policy

König, Tobias - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015076278

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The financial accelerator, wages, and optimal monetary policy

König, Tobias - 2020

Book / Working Paper

The Financial Accelerator, Wages, and Optimal Monetary Policy

König, Tobias - 2022

Book / Working Paper

The Financial Accelerator, Wages, and Optimal Monetary Policy

König, Tobias - 2020

Book / Working Paper

Risk-Based Regulations in Credit Markets : A Heterogeneous Financial Accelerator

Fu, Zhiyu - 2022

Credit markets in the U.S. are dominated by institutional investors, who are subject to various regulations limiting their risk capacity. I study the macroeconomic implications of such risk-based regulations in a general-equilibrium model featuring heterogeneous firms and a bond investor subject...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013291238

The Financial Accelerator Effect : Multiresolution Evidence from the C&I Business Loan Market

Gallegati, Marco; Carraro, Thomas; Gaffeo, Edoardo - 2022

Aggregate empirical evidence on the financial accelerator effect is highly debated. In this study, we apply multiresolution analysis, based on the continuous wavelet transform, to investigate the relationship between aggregate net worth and credit market variables in the commercial and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013405340

Revisiting a macroeconomic controversy : the case of the multiplier-accelerator effect

Mourão, Paulo; Popescu, Irina Alina - 2022

This paper presents the bibliometrics of a Keynesian and neoclassical discussion about the multiplier-accelerator effect. Having its oldest roots in the 1930s, there was a special emphasis in the 1960s and 1970s on discussions regarding the dependence of current investment on economic growth...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013499031

The financial accelerator mechanism: does frequency matter?

Foroni, Claudia; Gelain, Paolo; Marcellino, Massimiliano - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013466996

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The financial accelerator mechanism : does frequency matter?

Foroni, Claudia; Gelain, Paolo; Marcellino, Massimiliano - 2022

Book / Working Paper

The Financial Accelerator Mechanism : Does Frequency Matter?

Foroni, Claudia; Gelain, Paolo; Marcellino, Massimiliano - 2022

Book / Working Paper

The Financial Accelerator Mechanism : Does Frequency Matter?

Foroni, Claudia; Gelain, Paolo; Marcellino, Massimiliano - 2022

Book / Working Paper

Dampening the financial accelerator? : direct lenders and monetary policy

Banerjee, Ryan; Serena, José María - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012799291

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Dampening the Financial Accelerator? Direct Lenders and Monetary Policy

Banerjee, Ryan; Serena, José María - 2022

Book / Working Paper

Leasing as a mitigation of financial accelerator effects

Li, Kai - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014445761

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Leasing as a Mitigation of Financial Accelerator Effects

Li, Kai; YU, Jun - 2022

Book / Working Paper

Samuelson's last macroeconomic model : secular stagnation and endogenous cyclical growth

Assous, Michaël; Boianovsky, Mauro; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014633468

Financial frictions and stabilisation policies

Tufail, Saira; Ahmed, Ather Maqsood - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014490920

Financial accelerator, household portfolio, stock prices, and monetary policy shocks

Alovokpinhou, Sedjro Aaron; Dladla, Pholile; Malikane, … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014441979

Perceptions about corporate ethical behaviour in the founders' country of origin and ventures' admission into impact-oriented accelerator programmes : cross-country evidence

Gaganis, Chrysovalantis; Papadimitri, Panagiota; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014471503

The Inflation Accelerator

Blanco, Andrés; Boar, Corina; Jones, Callum; Midrigan, … - 2024

We develop a tractable sticky price model in which the fraction of price changes evolves endogenously over time and, consistent with the evidence, increases with inflation. Because we assume that firms sell multiple products and choose how many, but not which, prices to adjust in any given...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014544808

The Financial Accelerator in a Quantitative Business Cycle Framework

Bernanke, Ben; Gertler, Mark; Gilchrist, Simon - 2021

This paper develops a dynamic general equilibrium model that is intended to help clarify the role of credit market frictions in business fluctuations, from both a qualitative and a quantitative standpoint. The model is a synthesis of the leading approaches in the literature. In particular, the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013246268

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The Financial Accelerator in a Quantitative Business Cycle Framework

Bernanke, Ben - 1998

Book / Working Paper

An Estimated Small Open Economy Model of the Financial Accelerator

Elekdaǧ, Selim Ali; Justiniano, Alejandro; Tchakarov, Ivan - 2021

This paper develops a small open economy model where entrepreneurs partially finance investment using foreign currency denominated debt subject to a risk premium above and beyond international interest rates. We use Bayesian estimation techniques to evaluate the importance of balance sheet...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013318079

Monetary policy and the financial accelerator in a monetary union

Gilchrist, Simon - 2002

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013434501

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Monetary Policy and the Financial Accelerator in a Monetary Union

Gilchrist, Simon; Hairault, Jean-Olivier; Kempf, Hubert - 2021

Book / Working Paper

Business fixed investment : evidence of a financial accelerator in Europe

Vermeulen, Philip - 2002

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10001694539

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Business fixed investment : evidence of a financial accelerator in Europe

Vermeulen, Philip - 2000

Book / Working Paper

Business fixed investment : evidence of a financial accelerator in Europe

Vermeulen, Philip - 2000

Book / Working Paper

Business Fixed Investment : Evidence of a Financial Accelerator in Europe

Vermeulen, Philip - 2021

Book / Working Paper

Business Fixed Investment : Evidence of a Financial Accelerator in Europe

Vermeulen, Philip - 2003

Book / Working Paper

Financial factors, firm size and firm potential

Ferreira, Miguel H.; Haber, Timo; Rörig, Christian - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013262855

Choreographies of entrepreneurship: How different formats of co-presence are combined to facilitate knowledge creation in seed accelerator programs

Kuebart, Andreas Sebastian Carl; Ibert, Oliver - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012249877

Charge-offs, defaults and the financial accelerator

Gunn, Christopher M.; Johri, Alok; Letendre, Marc-André - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013556553

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Charge-offs, defaults and the financial accelerator

Gunn, Christopher M.; Johri, Alok; Letendre, Marc-André - 2020

Book / Working Paper

Charge-offs, Defaults and the Financial Accelerator

Gunn, Christopher M.; Johri, Alok; Letendre, Marc-André - 2020

Book / Working Paper

Learning, house prices and macro-financial linkages

Gandré, Pauline - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012242238

Choreographies of entrepreneurship : how different formats of co-presence are combined to facilitate knowledge creation in seed accelerator programs

Kuebart, Andreas Sebastian Carl; Ibert, Oliver - 2020

This paper explores different functions of co-presence for collaborative knowledge creation in the context of seed accelerator programs. Seed accelerators offer programs of three to six months to enhance the growth of early-stage start-ups through various means of training and organizational...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012209230

An estimated DSGE model with financial accelerator : the case of Tunisia

Ben Romdhane, Hager - 2020

This paper estimates an open economy DSGE model with financial accelerator à la Bernanke et al. (1999)2, enriched with wage rigidities and imperfect exchange rate pass through. The objective of this paper is to assess the importance of financial frictions and their role in the transmission of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012171277

The Information Driven Financial Accelerator

Falato, Antonio - 2020

Imperfect information in credit markets is a quantitatively important source of macroeconomic fragility. We calibrate a dynamic model with uninformed debt investors. A deterioration in the profit outlook makes investors pessimistic about firm creditworthiness. In turn, firms perceive that debt...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012847438

Accounting and the Financial Accelerator

Bertomeu, Jeremy - 2020

We extend the general equilibrium economy of Holmstrom and Tirole (1997) to optimal reporting of productive assets and examine when the accounting process can contribute to financial acceleration. Given a small change in aggregate capital stock, the economy may respond with large readjustments...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012854812

Risk aversion, uninsurable idiosyncratic risk, and the financial accelerator

Candian, Giacomo; Dmitriev, Mikhail - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012652927

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Risk Aversion, Uninsurable Idiosyncratic Risk, and the Financial Accelerator

Candian, Giacomo - 2020

Book / Working Paper

Measuring the effects of large-scale asset purchases : the role of international financial markets and the financial accelerator

Gelfer, Sacha; Gibbs, Christopher G. - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014248823

On portfolio frictions, asset returns and volatility

Eyquem, Aurélien; Poilly, Céline; Belianska, Anna - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014461518

A note on learning, house prices, and macro-financial linkages

Gandré, Pauline - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014364410

Entrepreneurial risk shocks and financial acceleration asymmetry in a two-country DSGE model

Hsiao, Cody Yu-Ling; Jin, Tao; Kwok, Simon Sai Man; Wang, Xi - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014473324

An expanded multiplier-accelerator model

Todorova, Tamara Peneva; Kutrolli, Marin - 2019

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012167137

Financial Accelerator with Asset Bubbles

Takahashi, Hiroyuki - 2019

This paper introduces a new disturbing element, the bubble asset, into the basic financial accelerator model by Bernanke et al. (1999). Through a contract between an entrepreneur and a financial intermediary, the optimal leverage ratio becomes an increasing function of bubble surviving...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012864502

Charge-offs, defaults and U.S. business cycles

Gunn, Christopher M.; Johri, Alok; Letendre, Marc-André - 2019

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012029992

Breaking free from the stability dogma : Samuelson and the multiplier-accelerator model over the years

Assous, Michaël; Boianovsky, Mauro - 2022 - First preliminary draft, November 2022

On the occasion of the centennial of his mentor Alvin Hansen, Paul Samuelson published in 1988 a modified version of his seminal 1939 multiplier-accelerator model with the specific aim to address aspects of Hansen's secular stagnation hypothesis. The "Keynes-Hansen-Samuelson" model (or KHS, as...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013468447

Tax evasion and financial accelerator : a corporate sector analysis for the US business cycle

Chiarini, Bruno; Ferrara, Maria; Marzano, Elisabetta - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013347972

Breaking bad : supply chain disruptions in a streamlined agent-based model

Delli Gatti, Domenico; Grugni, Elisa - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013532231

Investment as a transmission mechanism from weak demand to weak supply and the post-crisis productivity slowdown

Ollivaud, Patrice; Guillemette, Yvan; Turner, David - 2018

Current weak labour productivity growth in many OECD countries reflects historically weak contributions from both total factor productivity (TFP) growth and capital deepening. The slowdown in trend productivity growth in the pre-crisis period is mostly explained by a long-established slowdown in...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011914168

Credit channel and business cycle : the role of tax evasion

Chiarini, Bruno; Ferrara, Maria; Marzano, Elisabetta - 2018

This paper examines the role of tax evasion in explaining the business cycle in a DSGE model with a financial accelerator. For this purpose, we assume that financially constrained agents are tax evaders, taking advantage of an additional margin of flexibility in coping with adverse shocks. In...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011882444

Confidence and the financial accelerator

Myohl, Christian; Stucki, Yannic - 2018

We introduce financial frictions in the spirit of Bernanke, Gertler, and Gilchrist (1999) into a standard RBC model and use the heterogeneous-prior framework of Angeletos, Collard, and Dellas (2018) to accommodate confidence-driven business cycle fluctuations. We show that financial frictions...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011961330

The Equity Premium and the Financial Accelerator

Huh, Sungjun - 2017

This paper investigates the amplification mechanism of the financial accelerator on the equity premium in a production economy. To accomplish this, a medium-scale New Keynesian model with a financial intermediaries structure and generalized recursive preferences is developed. I find that the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012950005