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Published in 2017 at "Journal of Mathematical Economics"
DOI: 10.1016/j.jmateco.2016.01.004
Abstract: Abstract We study the international transmission of bubble crashes by analyzing stationary sunspot equilibria in a two-country overlapping generations exchange economy with stochastic bubbles. We consider two cases of sunspot shocks. In the first case,…
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Keywords:
transmission bubble;
two country;
country overlapping;
international transmission ... See more keywords
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Published in 2019 at "Eastern European Economics"
DOI: 10.1080/00128775.2019.1688666
Abstract: This issue of Eastern European Economics continues to deliver the papers from the third international conference “Economic Turmoil in Contemporary Europe” organized by the Department of Econometric...
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Keywords:
mechanisms eurozone;
role international;
international transmission;
transmission mechanisms ... See more keywords
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Published in 2018 at "Journal of Money, Credit and Banking"
DOI: 10.1111/jmcb.12470
Abstract: The U.S. Federal Reserve responded to the great recession by reducing policy rates to the effective lower bound. In order to provide further monetary stimulus, they subsequently conducted large-scale asset purchases, quadrupling their balance sheet…
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Keywords:
evidence canada;
channels quantitative;
quantitative easing;
international transmission ... See more keywords