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1.
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Since the work of Doepke and Schneider (2006a) and Meh and Terajima (2008), we know that inflation causes major redistribution of wealth – between households and the gove[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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Evidence suggests that banks, like firms, face financial frictions when raising funds. The authors develop a quantitative, monetary business cycle model in which agency p[...]
2004 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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This paper assesses the merits of countercyclical bank balance sheet regulation for the stabilization of financial and economic cycles and examines its interaction with m[...]
2011 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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Previous surveys of Canadian and U.S. business owners suggest that access to financing in Canada may be more problematic than in the United States. Using the 2003 Survey [...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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5.
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This paper describes the positive effect that corporate income tax has on capital formation in the presence of liquidity constraints and uninsurable risk. The author uses[...]
2002 | Text | Staff Working Paper - Document de travail du personnel |
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6.
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This paper confirms the conjecture that the evaluation of tax policy leads to very different conclusions once the role of entrepreneurs is considered. Contrary to previou[...]
2002 | Text | Staff Working Paper - Document de travail du personnel |
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7.
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This paper develops a search-theoretic model to study the interaction between banking and monetary policy and how this interaction affects the allocation and welfare. Reg[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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8.
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There is a large body of literature that studies the relationship between financial structure (that is, the degree to which the financial system is either market- or inte[...]
2002 | Text | Staff Working Paper - Document de travail du personnel |
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9.
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This paper examines the relationship between firm size and productivity. In contrast to previous studies, this paper offers evidence of the relationship not only from man[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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10.
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The authors use microdata from the 1999 and 2005 Surveys of Financial Security to identify changes in household debt, and discuss their potential implications for monetar[...]
2009 | Text | Staff Discussion Paper - Document d’analyse du personnel |
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