Focal Interest
Focal Interest

Global Financial Crisis and Policies

External reference: https://openalex.org/T10503

  1. REER movements show no significant effect on EU trade balances
    Study finds exchange rate movements don't significantly affect EU trade balances; domestic absorption and inflation prove more important drivers of external adjustment.
  2. Unfunded fiscal shocks were not the main driver of Japan's inflation
    Analysis of how fiscal shocks influenced inflation in Japan over four decades, revealing demand and monetary factors rather than fiscal imbalances as primary drivers.
  3. Fiscal contraction linked to lower NPLs in the long run
    Study shows fiscal consolidation reduces non-performing loans long-term but increases them temporarily, using bank data from Guyana. Oil prices and efficiency matter most.
  4. U.S. policy easings strengthened the dollar during the Great Recession
    Forward guidance monetary policy easings appreciated the dollar during the Great Recession through flight-to-safety effects and inflation expectations, contradicting interest rate parity.
  5. Fiscal discipline shapes how central bank independence affects inflation volatility
    Explore how central bank independence and transparency affect inflation volatility in small open economies like Tunisia through game theory and empirical analysis.
  6. European banking crisis spread to Argentina through bank branches
    Analysis of how the 1931 European banking crisis spread to Argentina through European bank subsidiaries, reshaping understanding of Great Depression contagion to developing economies.
  7. Inflation weakens the sovereign-bank doom loop
    Study examines how inflation and money supply influence the sovereign-bank relationship and the debt-lending feedback loop using quantile VAR analysis.
  8. Exchange rate depreciation raises sectoral credit in Tanzania
    Examination of exchange rate effects on sectoral credit allocation in Tanzania using ARDL modeling, revealing heterogeneous short-run and long-run investment responses across five key sectors.
  9. Partial Integration of Indian Money, Forex, and Equity Markets Post-1991 Reforms: Cointegration Analysis and Vector Error Correction Modelling Using Monthly Time Series from 2015 to 2026
    Cointegration analysis of India's money, forex, and equity markets from 2015–2026 reveals partial integration with policy-constrained transmission and asymmetric adjustment.
  10. Evaluating Central Bank Strategies in Curbing Inflation While Sustaining Growth
    Analysis of central bank strategies balancing inflation control with growth, examining policy instruments, trade-offs, and framework effectiveness across economies.
  11. Liquidity-trap spillovers differ sharply across asset-supply shocks
    Examine how asset market shocks transmit across borders differently in liquidity traps versus normal times, using a heterogeneous-agent framework with financial frictions.
  12. Two inflation regimes detected in WAEMU
    Advanced cyclical turning point indicators for inflation in WAEMU using regime-switching models reveal that external factors like oil prices and imported inflation, beyond central bank control.
  13. Why Higher Trend Inflation Makes Monetary Policy More Costly in South Africa
    Fiscal DSGE analysis for South Africa showing higher trend inflation increases costs via price dispersion; lower trend inflation reduces these costs.