“...In this paper we discuss the lessons learned from the US banking panics in the 1930s for the response by the Federal Reserve to the crisis of 2008. We revisit...”

“...Abstract Purpose In this paper we investigate the relationship between loose monetary policy, low inflation, and easy bank credit and house price booms. Method...”

“...Can barriers to capital accumulation account for large differences in GDP per capita? We reconsider the claim that these barriers have an amplified effect on...”

“...We use a new formal, practical, and easily decomposable measure to examine vulnerability to poverty in Tajikistan during the global financial crisis. Our...”

“...We present a new monthly index of the yields on junk bonds (high risk, high yield bonds) for the period 1910–1955. This index supplements the indexes of...”

“...A prediction of a class of neoclassical growth models is that countries with similar levels of integration in the world economy will have parallel long-run...”

“...The Hodrick–Prescott (HP) filter is the most popular method oftransforming data in the Real Business Cycle (RBC) literature. An algorithmto invert the...”

“...Abstract We measure the income assimilation of migrants to Germany employing a new measure of assimilation that uses the whole income distribution rather than...”

“...In this paper we describe a method to decompose a well-known measure of debt ratings mobility into it's directional components. We show, using sovereign debt...”