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You are looking at 1-10 of 22 items for:

Macroeconomics: Consumption, Saving, Production, Employment, and Investment x Money and Interest Rates x clear all

Anomalies

Erica X. N. Li, Dmitry Livdan and Lu Zhang.

in The Review of Financial Studies

November 2009; p ublished online April 2009 .

Journal Article. Subjects: Production and Organizations; Intertemporal Choice and Growth; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Economics; Corporate Governance. 14635 words.

We take a simple q-theory model and ask how well it can explain external financing anomalies, both qualitatively and quantitatively. Our central insight is that optimal investment is an...

Bubbly Liquidity

Emmanuel Farhi and Jean Tirole.

in The Review of Economic Studies

April 2012; p ublished online November 2011 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates. 13352 words.

This paper analyses the possibility and the consequences of rational bubbles in a dynamic economy where financially constrained firms demand and supply liquidity. Bubbles are more likely to...

Go to »  abstract

Corporate Real Estate Holdings and the Cross-Section of Stock Returns

Selale Tuzel.

in The Review of Financial Studies

June 2010; p ublished online March 2010 .

Journal Article. Subjects: Production and Organizations; Intertemporal Choice and Growth; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Economics; Housing Markets, Production Analysis, and Business Location. 15162 words.

This article explores the link between the composition of firms’ capital and stock returns. I develop a general equilibrium production economy where firms use two factors: real estate and...

The Democratization of Credit and the Rise in Consumer Bankruptcies

Igor Livshits, James C. Mac Gee and Michèle Tertilt.

in The Review of Economic Studies

October 2016; p ublished online March 2016 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Financial Regulation; Law and Economics. 18133 words.

Financial innovations are a common explanation for the rise in credit card debt and bankruptcies. To evaluate this story, we develop a simple model that incorporates two key frictions:...

Dire consequences: the conservative recapture of America’s political narrative?

David Coates.

in Cambridge Journal of Economics

January 2012; p ublished online January 2012 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Aggregative Models; National Government Expenditures and Related Policies; Monetary Policy, Central Banking, and the Supply of Money and Credit; Money and Interest Rates. 4744 words.

The severity of the financial meltdown in September 2008 was such as to trigger major innovations in US public policy, including the Troubled Assets Relief Program, the American Recovery...

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Does Credit Crunch Investment Down? New Evidence on the Real Effects of the Bank-Lending Channel

Federico Cingano, Francesco Manaresi and Enrico Sette.

in The Review of Financial Studies

October 2016; p ublished online June 2016 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Economics; Banking; Corporate Governance. 17177 words.

We quantify the real effects of the bank-lending channel exploiting the dramatic liquidity drought in interbank markets that followed the 2007 financial crisis as a source of variation in...

Dollars Dollars Everywhere, Nor Any Dime to Lend: Credit Limit Constraints on Financial Sector Absorptive Capacity

Asim Ijaz Khwaja, Atif Mian and Bilal Zia.

in The Review of Financial Studies

December 2010; p ublished online September 2010 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Banking. 18558 words.

We exploit an unexpected inflow of liquidity in an emerging market to study how capital is intermediated to firms. We find that backward-looking credit limit constraints imposed by banks...

The future of macroeconomics: macro theory and models at the Bank of England

David F Hendry and John N J Muellbauer.

in Oxford Review of Economic Policy

January 2018; p ublished online January 2018 .

Journal Article. Subjects: General Aggregative Models; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Monetary Policy, Central Banking, and the Supply of Money and Credit; Economics. 21280 words.

Abstract

The adoption as policy models by central banks of representative agent New Keynesian dynamic stochastic general equilibrium models has been widely...

Instruments, rules, and household debt: the effects of fiscal policy

Javier Andrés, José E. Boscá and Javier Ferri.

in Oxford Economic Papers

April 2016; p ublished online February 2016 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 10322 words.

We look at the interplay between the level of household debt and fiscal policy. When the fiscal rule is defined in lump-sum transfers, government spending or consumption taxes, the impact...

Interest rate changes, mortgages, and consumption: evidence from Italy

Tullio Jappelli and Annalisa Scognamiglio.

in Economic Policy

April 2018; p ublished online March 2018 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates. 15623 words.

SUMMARY

Using the Italian Survey of Household Income and Wealth, we study whether the drop in interest rates following the Great Recession was associated with...