The global financial crisis of 2007–2008 had a negative impact on many countries, including Vietnam. Many policies have been applied to stabilize the macro-economic indicators. However, most of them are based on old qualitative models, which do not help policy makers understand deeply how each one affects the economy. In this paper, we investigate a quantitative macro-economic approach and use ...

The continued rise in the uninsured population has lead to considerable interest in tax-based policies to raise the level of insurance coverage. Using a detailed microsimulation model for evaluating these policies, we find that while tax subsidies could significantly increase insurance coverage, even very generous tax policies could not cover more than a sizable minority of the uninsured popula...

In response to the Global Financial Crisis, central banks deployed unconventional monetary policy tools as a remedy restore financial intermediation. While literature on transmission channels of such policies is still in its fancy, present paper an attempt uncover effects ECB measures credit co-movements Eurozone. first step, common factors underlying private aggregates are extracted for twelve...

Abstract I analyse the effects of two macroprudential policy measures implemented in Switzerland: activation countercyclical capital buffer (CCyB) and a cap on loan-to-value (LTV) ratios. use difference-in-differences method to estimate these risk indicators, such as their LTV loan-to-income (LTI) ratios mortgage growth rates. find that both CCyB led reduction high mortgages. The banks affected...

Ethnic and racial disparities in mental health are driven by social factors such as housing, education, and income. Many of these social factors are different for minorities than they are for whites. Policies that address gaps in these social factors therefore can address mental health status disparities. We analyze three policies and their impact on minorities: the Individuals with Disability ...

This paper surveys the existing literature on the determinants of household savings and credit in developing countries and examines the ways in which macro-level policies might impact on household financial behaviour.

Organized by three distinguished members of the JBS Editorial Board – Marc Bickle, PhD, of the Max Planck Institute of Molecular Cell Biology and Genetics (Germany); Hakim Djaballah, PhD, of Institut Pasteur Korea (South Korea); and Lorenz Martin Mayr, PhD, of AstraZeneca (UK) – this special issue demonstrates how RNAi is enjoying a revival of popularity and is increasingly being applied to dis...

This paper highlights the link between deforestation and credit instability in Latin American countries which exhibit strong deforestation rates as well as macroeconomic instability that is often rooted in the alternating episodes of credit booms and crunches. Pieces of explanation establishing a causal link between credit instability and deforestation driven by agricultural expansion are put f...