금융 | The Great Recession in the Shadow of the Great Depression: A Review Essay on "Hall of Mirrors | 한국금융연구원

[LHKOREA]

2016-05-10 일자 [제 16-34 호]

The Great Recession in the Shadow of the Great Depression: A Review Essay on "Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History"
NBER (2016-05-10)

This essay reviews Barry Eichengreen's recent book that compares the Great Depression and the Great Recession. Eichengreen focuses on deficient aggregate demand as the key reason for why both downturns were so deep and why they la ..  more

How to Escape a Liquidity Trap with Interest Rate Rules
FRB of New York (2016-05-10)

I give necessary and sufficient conditions under which interest-rate feedback rules eliminate aggregate instability by inducing a globally unique optimal equilibrium in a canonical New Keynesian economy with a binding zero lower b ..  more

Credit Default Swaps and Debt Contracts: Spillovers and Extensive Default Premium Choice
FRB (2016-05-10)

This paper highlights two new effects of credit default swap (CDS) markets on credit markets. First, when firms' cash flows are correlated, CDS trading impacts the cost of capital and investment for all firms, even those that are ..  more

제 목	발행기관	발행일자
On robots and work	AEI	16-05-09
The amazing economic impact of digital globalization vs. trade in stuff	AEI	16-05-09
Cost Considerations of Technology Choices	BAI	16-05-09
Managing Exceptions More Efficiently	BAI	16-05-09
Reconfiguring Branch Staffing for Sales	BAI	16-05-09
Six Lessons for Making Open Office Work	BAI	16-05-09
Ten Steps to Succeed with Microbusinesses	BAI	16-05-09
Estimating Systematic Risk Under Extremely Adverse Market Conditions	Bank of Canada	16-05-09
Construction loan buildup in Atlanta	Banking Exchane	16-05-09
The Wrong Tool for the Right Job	CEPR	16-05-09
A New Approach to Identifying the Real Effects of Uncertainty Shocks	FRB	16-05-10
Bank Capital Pressures, Loan Substitutability, and Nonfinancial Employment	FRB	16-05-10
Credit Default Swaps and Debt Contracts: Spillovers and Extensive Default Premium Choice	FRB	16-05-10
Does Trade Liberalization with China Influence U.S. Elections?	FRB	16-05-10
Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries	FRB	16-05-10
The Macroeconomic Risks of Undesirably Low Inflation	FRB	16-05-10
The Role of Global Supply Chains in the Transmission of Shocks: Firm-Level Evidence from the 2011 Tohoku Earthquake	FRB	16-05-10
What does it take to list abroad? The Role of Global Underwriters	FRB	16-05-10
Optimal Monetary Policy in Open Economies Revisited	FRB of Dallas	16-05-10
How to Escape a Liquidity Trap with Interest Rate Rules	FRB of New York	16-05-10
The Term Structure of Expectations and Bond Yields	FRB of New York	16-05-10
Measuring Poverty in the Case of Buenos Aires	Levy	16-05-10
Communication in Vertical Markets: Experimental Evidence	NBER	16-05-10
Deposit Insurance: Theories and Facts	NBER	16-05-10
Digital Currencies, Decentralized Ledgers, and the Future of Central Banking	NBER	16-05-10
Global Production with Export Platforms	NBER	16-05-10
Identifying Ambiguity Shocks in Business Cycle Models Using Survey Data	NBER	16-05-10
Labor Supply in the Past, Present, and Future: a Balanced-Growth Perspective	NBER	16-05-10
Macroeconomics of Persistent Slumps	NBER	16-05-10
Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective	NBER	16-05-10
Pricing Assets in an Economy with Two Types of People	NBER	16-05-10
The Great Recession in the Shadow of the Great Depression: A Review Essay on "Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History"	NBER	16-05-10
The Requirements of Jobs: Evidence from a Nationally Representative Survey	NBER	16-05-10

제 목	발행기관	발행일자
Allianz Euro Monitor 2015	Allianz	16-05-09
Liquidity determinants in the UK gilt market	Bank of England	16-05-09
Macroprudential regulation, credit spreads and the role of monetary policy	Bank of England	16-05-09
Peer-to-peer lending and financial innovation in the United Kingdom	Bank of England	16-05-09
Climate and finance systemic risks, more than an analogy? The climate fragility hypothesis	CEPII	16-05-09
On the impact of dollar movements on oil currencies	CEPII	16-05-09
On the Sources of Business Cycles: Implications for DSGE Models	Czech National Bank	16-05-09
Export characteristics and output volatility: comparative firm-level evidence for CEE countries	ECB	16-05-10
Government debt reduction strategies in the euro area	ECB	16-05-10
Harmonised Index of Consumer Prices-Easter effects and improved seasonal adjustment	ECB	16-05-10
Price drift before U.S. macroeconomic news: private information about public announcements?	ECB	16-05-10
Rebalancing in euro area portfolio investment flows	ECB	16-05-10
Recent wage trends in the euro area	ECB	16-05-10
The second series of targeted longer-term refinancing operations (TLTRO II)	ECB	16-05-10
The slowdown in emerging market economies and its implications for the global economy	ECB	16-05-10
Toward robust early-warning models: a horse race, ensembles and model uncertainty	ECB	16-05-10
The Cost of Non-Schengen for the Single Market	ECIPE	16-05-10

제 목	발행기관	발행일자
Impacts of tertiary canal irrigation:Impact eval‎uation of an infrastructure project	JETRO	16-05-10
Sustainable Development Goals and Japan: Sustainability Overshadows Poverty	JETRO	16-05-10
Global inflation: the role of food, housing and energy prices	Reserve Bank of New Zealand	16-05-09
The impact of disasters on inflation	Reserve Bank of New Zealand	16-05-09
Association among Socioeconomic Status, Health and Function-related Variables, and Onset of Depression in the Case of Middle-aged and Older People in Japan	RIETI	16-05-10

제 목	발행기관	발행일자
On the Road to Universal Health Coverage: Every Person Matters	ADB	16-05-09
Reforming in a difficult macroeconomic context	OECD	16-05-10
How does the sensitivity of consumption to income vary over time? international evidence	World Bank	16-05-10
Non-tariff measures and the world trading system	World Bank	16-05-10
Short-term effects of India's employment guarantee program on labor markets and agricultural productivity	World Bank	16-05-10
The impact of business support services for small and medium enterprises on firm performance in low- and middle-income countries : a meta-analysis	World Bank	16-05-10

제 목	발행기관	발행일자
Falling Dollar a Risky Premise for Rally in Other Assets	AWSJ	16-05-10
Japan Makes Forex Intervention Threat	AWSJ	16-05-10
China Continues to Prop Up Its Ailing Factories, Adding to Global Glut	AWSJ	16-05-09
Spotlight Swings to Malaysia's Exposure to Cost of 1MDB Bond Defaults	AWSJ	16-05-09
1MDB Default Deters Funds as Malaysia Can't Put Scandal to Bed	Bloomberg	16-05-10
China's Anonymous Economic Oracle Signals Shift From Debt	Bloomberg	16-05-10
Chinese Imports From Hong Kong Raise Red Flag Amid Yuan Worries	Bloomberg	16-05-09
Negative Rates Hit Global Shipping Market	Bloomberg	16-05-09
Broad shoulders	Economist	16-05-06
New engine	Economist	16-05-06
The unloved bounce	Economist	16-05-06
Where are those buckets?	Economist	16-05-06
Wright's wrongs	Economist	16-05-06
Berlin opens way to Greek debt relief talks	FT	16-05-10
China inflation data calm Asia markets	FT	16-05-10
Oil prices climb as Canada wildfires rage	FT	16-05-09
US tax havens - the new Switzerland	FT	16-05-09