搜索结果: 1-15 共查到“货币银行学 Dynamics”相关记录36条 . 查询时间(0.211 秒)
当家庭和其他投资者面临不完备金融市场和个体性冲击时，他们该如何调整消费、投资以及改变在不同种类的金融资产上的头寸呢？新古典宏观模型假设金融市场是完备的，因而无法对这个问题提供答案。但这个问题对于个体家庭决策具有重要的现实意义，同时对于公共保险政策、相关的税收调节政策等也有较强的参考价值。
Aggregate Dynamics and Staggered Contracts.
On Stock Market Dynamics through Ultrametricity of Minimum Spanning Tree
ultrametricity minimum spanning tree liquidity Jakarta Stock Exchange
2015/7/31
We analyze the evolving price °uctuations by using ultrametric distance of minimally spanning ˉnancial tree of stocks traded in Jakarta Stock Exchange 2000-2004. Ultrametricity is derived from transfo...
Exploring the Dynamics of Global Liquidity
Liquidity core and noncore financial liabilities shadow banking growth
2014/3/18
This paper explores the concept of global liquidity, its measurement and macro-financial importance. We construct two sets of indicators for global liquidity: a quantity series distinguishing between ...
The Rise of the SuperRich: Power Resources, Taxes, Financial Markets, and the Dynamics of the Top 1 Percent, 1949 to 2008
economy inequalities neo-liberalism social class
2013/12/9
The income share of the super-rich in the United States has grown rapidly since the early 1980s after a period of postwar stability. What factors drove this change? In this study, we investigate the i...
Exploring the Dynamics of Global Liquidity
Liquidity core noncore financial liabilities shadow banking growth
2014/3/18
This paper explores the concept of global liquidity, its measurement and macro-financial
importance. We construct two sets of indicators for global liquidity: a quantity series
distinguishing betw...
New Keynesian Dynamics in a Low Interest Rate Environment
government purchases monetary policy zero nominal interest rates
2011/8/21
Recent research has found that the dynamic properties of the New Keynesian model can be very different when the nominal interest rate is zero. Improvements in technology and reductions in the labor ta...
Abstract: We propose and study a simple stochastic model for the dynamics of a limit order book, in which arrivals of market order, limit orders and order cancellations are described in terms of a Mar...
Modeling the Dynamics of Chinese Spot Interest Rates
Generalized residuals Robust specification tests Robust M-estimation Spot rate
2011/4/2
Understanding the dynamics of spot interest rates is important for derivatives pricing, risk
management, interest rate liberalization, and macroeconomic control. Based on a daily data of Chinese 7-da...
Using a time-varying approach, this paper examines the dynamics of volatility in the REIT sector. The results highlight the attractiveness and suitability of using GARCH based approaches in the modeli...
Carry Trades, Monetary Policy and Speculative Dynamics
Currency crises emerging market bubbles speculation
2014/3/18
We ask when currency carry trades are associated with destabilizing
dynamics in the foreign exchange market, and investigate the role of
monetary policy rules in setting off such dynamics. In ...
Dynamics of a Service Economy Driven by Random Transactions
banking system Service Economy account balances
2011/3/23
Agents buy and sell services. All services are of equal quality. Buyers choose sellers at random. Monetary and fiscal policies are imposed by a central bank and a central government. Credit is supplie...
Carry Trades, Monetary Policy and Speculative Dynamics
Currency crises emerging market bubbles speculation
2014/3/18
We ask when currency carry trades are associated with destabilizing dynamics in the foreign exchange market, and investigate the role of monetary policy rules in setting off such dynamics. In a ...
Emergence of universal scaling in financial markets from mean-field dynamics
universal scaling financial markets mean-field dynamics
2010/10/20
Collective phenomena with universal properties have been observed in many complex systems with a large number of components. Here we present a microscopic model of the emergence of scaling behavior i...
Market dynamics immediately before and after financial shocks: quantifying the Omori, productivity and Bath laws
Market dynamics financial shocks
2010/10/20
We study the cascading dynamics immediately before and immediately after 219 market shocks. We define the time of a market shock T_{c} to be the time for which the market volatility V(T_{c}) has a pe...