Macro-prudential policy on liquidity: What does a DSGE model tell us?
نویسندگان
چکیده
منابع مشابه
Optimal Macro-Prudential and Monetary Policy∗
This paper addresses two main questions. First, it examines the implications of financial frictions, embedded in a New Keynesian DSGE model with a banking sector, for the conduct of welfare-optimal monetary policy. Assuming only one monetary instrument, we analyse how financial frictions affect the gains from commitment and how different are the optimized simple rules with and without financial...
متن کاملStefan Gerlach: Macro prudential policy in Ireland
Today I will talk about “Macro prudential policy in Ireland.” Unfortunately, recent financial sector developments across the world have shown the serious consequences of macro prudential policy failures. Thus, there is little doubt that, in Ireland and elsewhere, much attention must and will be paid in the future to ensuring that macro prudential frameworks are effective so that we can avoid ev...
متن کاملWhat does indirect calorimetry really tell us?
Accurate and sensitive assessments of energy expenditure (EE) in mice changes in the balance of gut microbial species could differentially are essential given their importance to research on the molecular mechanisms of energy homeostasis [1]. EE phenotyping in mice is widely available using state-of-the-art equipment in many laboratories, including those in regional centers in the United States...
متن کاملLactate: What Does It Really Tell Us?
For much of the 20 century, lactate was largely considered a dead end waste product of glycolysis due to hypoxia ... and a key factor in acidosis induced tissue damage. Since the 1970s a lactate revolution has occurred. At present we are in the midst of a lactate shuttle era; the lactate paradigm has shifted. There is essentially unanimous support for a cell to cell lactate shuttle. The bulk of...
متن کاملWhat Does Cp Violation Tell Us ?
I would first like to thank the Royal Swedish Academy of Sciences and the Nobel Foundation for awarding me this honour, of which I had never even dreamt. I was born in 1940, the son of a furniture craftsman in the city of Nagoya, in Japan. My father wanted to change his job and was taking a correspondence course to become an electrical engineer, while he was a trainee furniture craftsman. Howev...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economics and Business
سال: 2012
ISSN: 0148-6195
DOI: 10.1016/j.jeconbus.2011.04.004