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High-value payment systems (HVPSs) are typically liquidity intensive because payments are settled on a gross basis. State-of-the-art solutions to this problem include alg[...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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2.
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Abstract not available
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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3.
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Linking data from the National Longitudinal Survey of Youth 1979 (NLSY79) and the NLSY79 Children and Young Adults, we document a substantial positive correlation of empl[...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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4.
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Aggregate events often start locally with households learning about the unfolding of events through social communication. Using plausibly exogenous variation in counties’[...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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This paper investigates nonlinear international financial stress spillovers on a small open economy. The literature provides evidence that financial stress may amplify th[...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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6.
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How should bank capital requirements be designed in order to reduce the frequency and severity of financial crises? What is the role of monetary policy in this context? T[...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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7.
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The data and programs ireplicate tables and figures from “Production Networks and the Macroeconomic impacts of Commodity Price Shocks”, by Cao and Dong, using Octave, Sta[...]
2024 | Dataset | Reproducibility Package - Ensemble de données pour la reproductibilité des résultats de recherche |
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8.
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A digital currency is money in a digital form. In this model, maintaining integrity of the supply is a core concern, therefore protections against double-spending are oft[...]
2024 | Conference Paper | Peer-Reviewed Publications - Publications à comité de lecture |
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9.
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Motivated by empirical evidence, we propose an open-economy New Keynesian model with financial integration that allows financial intermediaries to hold foreign long-term [...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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10.
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This paper examines the conjecture that an increase in tariffs in a flexible exchange rate regime leads to the appreciation of the local currency. We focus on the reactio[...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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