Matches in SemOpenAlex for { <https://semopenalex.org/work/W3157986374> ?p ?o ?g. }
Showing items 1 to 96 of
96
with 100 items per page.
- W3157986374 abstract "Abstract We show that the path of inflation under quantitative easing policies that target interest rates, is determinate in the presence of default. We achieve this through different payoff profiles that a collateralised defaultable bond achieves in different states of nature with distinct default outcomes. In the model, heterogeneous households trade this bond and other shorter maturity risk-free bonds to maximize their intertemporal utility of consumption and labour. The differentiated payoffs of the collateralised bond, in an equilibrium with active default, span the full state space giving determinacy of prices and inflation as an outcome. This, implies that quantitative easing as implemented by the ECB in the recent years, can control the stochastic path of inflation." @default.
- W3157986374 created "2021-05-10" @default.
- W3157986374 creator A5011645228 @default.
- W3157986374 creator A5063357064 @default.
- W3157986374 date "2021-05-01" @default.
- W3157986374 modified "2023-09-25" @default.
- W3157986374 title "Default and determinacy under quantitative easing" @default.
- W3157986374 cites W1550405231 @default.
- W3157986374 cites W1964674388 @default.
- W3157986374 cites W2056657822 @default.
- W3157986374 cites W2165443936 @default.
- W3157986374 cites W2783632421 @default.
- W3157986374 cites W2807603493 @default.
- W3157986374 cites W2951587727 @default.
- W3157986374 cites W3123591999 @default.
- W3157986374 cites W3125209760 @default.
- W3157986374 cites W4302036200 @default.
- W3157986374 doi "https://doi.org/10.1007/s00199-021-01365-6" @default.
- W3157986374 hasPublicationYear "2021" @default.
- W3157986374 type Work @default.
- W3157986374 sameAs 3157986374 @default.
- W3157986374 citedByCount "0" @default.
- W3157986374 crossrefType "journal-article" @default.
- W3157986374 hasAuthorship W3157986374A5011645228 @default.
- W3157986374 hasAuthorship W3157986374A5063357064 @default.
- W3157986374 hasBestOaLocation W31579863741 @default.
- W3157986374 hasConcept C10138342 @default.
- W3157986374 hasConcept C101433766 @default.
- W3157986374 hasConcept C121332964 @default.
- W3157986374 hasConcept C126285488 @default.
- W3157986374 hasConcept C134306372 @default.
- W3157986374 hasConcept C138496976 @default.
- W3157986374 hasConcept C144024400 @default.
- W3157986374 hasConcept C149782125 @default.
- W3157986374 hasConcept C15744967 @default.
- W3157986374 hasConcept C162118730 @default.
- W3157986374 hasConcept C162324750 @default.
- W3157986374 hasConcept C175025494 @default.
- W3157986374 hasConcept C175444787 @default.
- W3157986374 hasConcept C178350159 @default.
- W3157986374 hasConcept C200941418 @default.
- W3157986374 hasConcept C22171661 @default.
- W3157986374 hasConcept C29185160 @default.
- W3157986374 hasConcept C2984055962 @default.
- W3157986374 hasConcept C2992735868 @default.
- W3157986374 hasConcept C30772137 @default.
- W3157986374 hasConcept C33332235 @default.
- W3157986374 hasConcept C33923547 @default.
- W3157986374 hasConcept C36289849 @default.
- W3157986374 hasConcept C556758197 @default.
- W3157986374 hasConcept C58468513 @default.
- W3157986374 hasConcept C69738904 @default.
- W3157986374 hasConceptScore W3157986374C10138342 @default.
- W3157986374 hasConceptScore W3157986374C101433766 @default.
- W3157986374 hasConceptScore W3157986374C121332964 @default.
- W3157986374 hasConceptScore W3157986374C126285488 @default.
- W3157986374 hasConceptScore W3157986374C134306372 @default.
- W3157986374 hasConceptScore W3157986374C138496976 @default.
- W3157986374 hasConceptScore W3157986374C144024400 @default.
- W3157986374 hasConceptScore W3157986374C149782125 @default.
- W3157986374 hasConceptScore W3157986374C15744967 @default.
- W3157986374 hasConceptScore W3157986374C162118730 @default.
- W3157986374 hasConceptScore W3157986374C162324750 @default.
- W3157986374 hasConceptScore W3157986374C175025494 @default.
- W3157986374 hasConceptScore W3157986374C175444787 @default.
- W3157986374 hasConceptScore W3157986374C178350159 @default.
- W3157986374 hasConceptScore W3157986374C200941418 @default.
- W3157986374 hasConceptScore W3157986374C22171661 @default.
- W3157986374 hasConceptScore W3157986374C29185160 @default.
- W3157986374 hasConceptScore W3157986374C2984055962 @default.
- W3157986374 hasConceptScore W3157986374C2992735868 @default.
- W3157986374 hasConceptScore W3157986374C30772137 @default.
- W3157986374 hasConceptScore W3157986374C33332235 @default.
- W3157986374 hasConceptScore W3157986374C33923547 @default.
- W3157986374 hasConceptScore W3157986374C36289849 @default.
- W3157986374 hasConceptScore W3157986374C556758197 @default.
- W3157986374 hasConceptScore W3157986374C58468513 @default.
- W3157986374 hasConceptScore W3157986374C69738904 @default.
- W3157986374 hasLocation W31579863741 @default.
- W3157986374 hasLocation W31579863742 @default.
- W3157986374 hasOpenAccess W3157986374 @default.
- W3157986374 hasPrimaryLocation W31579863741 @default.
- W3157986374 hasRelatedWork W1580066537 @default.
- W3157986374 hasRelatedWork W2093490930 @default.
- W3157986374 hasRelatedWork W2129606672 @default.
- W3157986374 hasRelatedWork W2543962839 @default.
- W3157986374 hasRelatedWork W2890602371 @default.
- W3157986374 hasRelatedWork W3121847259 @default.
- W3157986374 hasRelatedWork W3125606018 @default.
- W3157986374 hasRelatedWork W3144162520 @default.
- W3157986374 hasRelatedWork W3157986374 @default.
- W3157986374 hasRelatedWork W3163988612 @default.
- W3157986374 isParatext "false" @default.
- W3157986374 isRetracted "false" @default.
- W3157986374 magId "3157986374" @default.
- W3157986374 workType "article" @default.