(2015). "Interest Rates, Money, and Banks in an Estimated Euro Area Model." ECB Working Paper 1791.Christoffel, K. P. and A. Schabert (2015): "Interest rates, money, and banks in an estimated euro area model," Working Paper No. 1791, European Central Bank (May 2015)....
Fig. 5 shows the IRFs following a positive Taylor rule (contractionary monetary policy) shock in the standard non-crisis context. We see it raises both the nominal and real interest rates, reducing consumption and output. Confronted with lower aggregate demand, firms cut back on workforces and...
‘Researchers’ interest in monopsony has increased in recent years. This article reviews the accumulating evidence that employers have considerable monopsony power. It summarizes the application of this idea to explaining the impact of minimum wages and immigration, in anti-trust, and in understanding ...
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Figure 3. Predicted risk of ESRD (% [95% confidence interval]) 1 to 3 years after baseline period of 2 years. Other covariates were set at an age of 60 years, male gender, a systolic blood pressure of 130 mm Hg, a total cholesterol of 5 mmol/l, and no history of diabetes or car...
This comparative effectiveness study compares the estimated effectiveness of coadministration of the BNT162b2 BA.4/5 bivalent mRNA COVID-19 vaccine and
Kinship structure in English yew IJ Chybicki et al 590 Moreover, low rates of natural regeneration have investigated the inbreeding levels within populations, been observed in remnant populations (Hulme, 1996; and for this purpose we developed a novel Bayesian Mysterud and Østbye, 2004; My...
19,20 Next, we calculated a second estimate of research and development costs using therapeutic-area–specific rates reported by Wong et al (Table 1), instead of aggregate rates. For example, oncology drugs in phase 1 have a 3.4% chance of ultimately receiving FDA approval, so we divided ...
risk. Evidence is found of a negative effect of interest rates on the demand for inventories and thereby on commodity prices and positive effects of expected future price gains on inventory demand and thereby on today’s commodity prices. Keywords: carry trade; commodity; commodities; real; ...
30、al concepts, such as Budgeting, interest rates and income.For instance, the Swedish app Gimi-with 1. 2 million users globally-has virtual savings jars where children can deposit money; parents can pay children interest as they save; and there is a chores feature, where parents can pay ...