The transmission of financial shocks in an estimated DSGE model with housing and banking
Sign Up to like & getrecommendations! Published in 2020 at "Economic Modelling"
DOI: 10.1016/j.econmod.2019.09.056
Abstract: Abstract We develop a dynamic stochastic general equilibrium (DSGE) model with housing and banking to study the transmission of financial shocks between the financial and real sectors. A deterioration in the bank's balance sheet induced… read more here.
Keywords: financial shocks; housing; dsge model; model housing ... See more keywords
The importance of intangible capital for the transmission of financial shocks
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DOI: 10.1016/j.red.2018.04.004
Abstract: This paper studies the role of intangible capital in the transmission of financial shocks in a general equilibrium model with two types of capital, tangible and intangible, and labor and financial frictions. We find that… read more here.
Keywords: capital; financial shocks; capital transmission; transmission financial ... See more keywords
FINANCIAL SHOCKS, JOB DESTRUCTION SHOCKS, AND LABOR MARKET FLUCTUATIONS
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DOI: 10.1017/s1365100517000190
Abstract: This paper investigates the effect of financial shocks using a general equilibrium model that links the firm's flows of financing with labor market variables. The results show that financial shocks have sizeable effects on debt,… read more here.
Keywords: job destruction; labor market; shocks job; financial shocks ... See more keywords
Deviations between China’s and international gold price: role of fundamentals, contagion and financial shocks
Sign Up to like & getrecommendations! Published in 2019 at "Applied Economics"
DOI: 10.1080/00036846.2019.1645279
Abstract: ABSTRACT China has been the world’s largest gold producer since 2007 and the world’s largest gold consumer since 2013. However, despite it being the second largest exchange-traded market in the world, gold price shows persistent… read more here.
Keywords: gold price; financial shocks; price; gold ... See more keywords
Mo’ Money, No Problem: The Impact of Financial Shocks on Representation
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DOI: 10.1080/15309576.2018.1474771
Abstract: Abstract While scholars have discussed what is necessary for passive representation to translate to active representation, few have considered how context may change the bureaucrat’s decision to act on behalf of clients. This research theoretically… read more here.
Keywords: impact financial; money problem; financial shocks; problem impact ... See more keywords
The Transmission of Financial Shocks on a Global Scale: Some New Empirical Evidence
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DOI: 10.1080/1540496x.2018.1481046
Abstract: ABSTRACT We examine shocks to capital flows from the United States, the Eurozone, and China. A US interest rate rise is contractionary for the United States but produces positive growth elsewhere. Cross-border claims and US… read more here.
Keywords: financial shocks; global scale; shocks global; united states ... See more keywords