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Which policy|mix to mitigate the effects of financial heterogeneity in ...


Which policy-mix to mitigate the effects of the financial heterogeneity ...

Besides, national budgetary policies can mitigate cyclical divergences. Nevertheless, the exam of various policy-mixes indicates that the superiority of a ...

Which policy-mix to mitigate the effects of financial heterogeneity in ...

This paper aims to study a suitable policy-mix for a monetary union like the euro area, in a context of financial heterogeneity.

Which policy-mix to mitigate the effects of financial heterogeneity in ...

Besides, national budgetary policies can mitigate cyclical divergences. Nevertheless, the exam of various policy-mixes indicates that the superiority of a ...

Which policy-mix to mitigate the effects of financial heterogeneity in ...

... Coordination of monetary and fiscal policy contributes to the improvement of stability of the country's financial system too. For example, Badarau and ...

Assessing the Effects of Financial Heterogeneity in a Monetary ...

Which policy-mix to mitigate the effects of financial heterogeneity in a monetary union? Badarau, Florina-Cristina, (2011). Assessing the Potential Strength ...

Assessing the effects of financial heterogeneity in a monetary union ...

Finally, it appears that a common monetary policy contributes to worsen the cyclical divergences. On these grounds, this contribution can be seen as a first ...

Financial Heterogeneity and the Investment Channel of Monetary ...

The aggregate effect of monetary policy therefore depends on the distribution of default risk across firms. Pablo Ottonello. Department of Economics. University ...

Financial Heterogeneity and the Investment Channel of Monetary ...

The aggregate effect of monetary policy may therefore depend on the dis- tribution of default risk, which varies over time. KEYWORDS: Monetary policy, firm ...

Financial Heterogeneity in a Monetary Union

The results indicate that a Euro-wide monetary policy strategy based on national information does not offset the costs associated with the abandonment of ...

Financial Heterogeneity and the Investment Channel of Monetary ...

Section 6.2 then studies the heterogeneous effects of monetary policy across ... revenue product of capital; once again, this effect is offset for low net worth ...

Heterogeneity and Monetary Policy: A Thematic Review

How to find the right policy mix (monetary, fiscal, macroprudential) given economic circumstances has thus become more important than ever.

Financial Heterogeneity, Investment, and Firm Interactions

The “competitive interaction channel” underscored in this paper may play an important role in mitigating the impact of negative shocks in ...

Heterogeneous effects of macroprudential policies on firm leverage ...

Net macroprudential policy actions reduce the procyclicality of leverage more significantly for small firms. •. The effect of macroprudential policies on firm ...

Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy

These effects can amplify or mitigate the direct effect of ... These results illustrate that financial frictions and firm heterogeneity alter the policy.

Heterogeneous effects of monetary tightening in response to energy ...

Even if energy is mostly imported, the negative effects of a price shock can potentially be mitigated. However, the more active the policy ...

Financial Cycles with Heterogeneous Intermediaries

The precise mechanisms by which this happens are still debated. In particular, understanding the underlying forces driving endogenous systemic risk, the ...

Fiscal and Monetary Policy with Heterogeneous Agents

taxes to stabilize and then reduce the debt, the output effect becomes negative.16. In the HA model, on the other hand, deficit-financed tax cuts have ...

Financial Heterogeneity and the Investment Channel of Monetary ...

On the other hand, because monetary policy can potentially alleviate financial frictions, they may ... effect of monetary policy on aggregate ...

Firm heterogeneity, capital misallocation and optimal monetary policy

These effects can amplify or mitigate the direct effect of ... These results illustrate that financial frictions and firm heterogeneity alter the policy.

Financial Heterogeneity, Investment, and Firm Interactions in

The “competitive interaction channel” underscored in this paper may play an important role in mitigating the impact of negative shocks in ...