Buscar recursos académicos

Abstract We develop a new index of economic policy uncertainty (EPU) based on newspaper coverage frequency. Several types of evidence—including human readings of 12,000 newspaper articles—indicate that our index prox...

Materias / palabras clave: Discretion; Monetary policy; Unification; Economics; Policy analysis; German; Shock (circulatory); Work (physics); Macroeconomics; Public administration; Political science; Law

This paper shows that bank deposit contracts can provide allocations superior to those of exchange markets, offering an explanation of how banks subject to runs can attract deposits. Investors face privately observed ris...

This study gives a non-traditional framework for the evaluation of the convenience of an asymmetric monetary association (such as dollarization), from the point of view of the country that gives up its monetary sovereign...