Sites that end.org are usually non-profit organizations. Item response theory edit It was well-known to classical test theorists that measurement precision is not uniform across the scale of measurement. It isRead more
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to use macroprudential policy and when to combine the two, if at all. We are back in the Tinbergen world. Getting in all the cracks but not filling them A second reason why monetary policy may be ill-suited to address financial stability risks is that it is a blunt instrument. . Its collateral effects and potential distortions have not been studied in depth. Initially, markups are stable, even slightly decreasing.
The Rise of Market Power and the
Economic Research - Federal Reserve Bank of San
Macroeconomic Shocks and Their Propagation - nber
Nber, working Paper.
23687 Issued in August 2017.
Nber, program(s Economic Fluctuations and Growth, Industrial Organization, Productivity, Innovation, and Entrepreneurship We document the evolution of markups based on firm.
Preliminary versions of economic research.
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E-mail: Acknowledgments, machine-readable bibliographic record, mARC, RIS, BibTeX. We need to get a better handle on financial instability: what causes it and how can it be avoided? . Low interest rates and abundant liquidity reflecting easy monetary conditions globally helped to fuel strong demand for both houses and cars. Tighter LTV ratios on borrowers with multiple housing loans served to moderate credit-fuelled investor demand. There are a few emerging propositions. Keep monetary policy focused on macroeconomic stability and regulatory policy on financial stability and all will be well. The aim of the scoreboard is to filter countries that warrant in-depth studies in order to determine whether the potential imbalances identified in the early-warning system are benign or problematic. 1 BIS 85th Annual Report (2015). And we do not know yet how to exit successfully from these policies. 21978, issued in February 2016, nBER Program(s Economic Fluctuations and Growth, Monetary Economics. In order to detect potentially harmful imbalances and competitiveness losses at an early stage of their emergence, a scoreboard has been implemented.