The federal funds rate has been at the zero lower bound for over four years, since December 2008. According to standard macroeconomic models, this should have greatly reduced the effectiveness of mone
This paper studies the potential impact of higher carbon taxation - to reach the government’s emission targets by 2030 - on Iceland’s economy. The paper is divided into two parts. First, a DSGE modell
Organisation for Economic Co-operation and Development20
This folder contains the Matlab and Stata files that replicate all figures and tables in the paper “Turbulent Business Cycles” by Ding Dong, Zheng Liu and Pengfei Wang. See the Readme file for details
Concept: Average interest rate from new operations started in the reference period. The rate is weighted by the value of operations. Comprises both earmarked and nonearmarked operations. Source: Centr
