셰계이슈 2020-03-03 일자 [제 20-16 호]

2020-03-03 일자 [제 20-16 호]

Benefits and Costs of Debt : The Dose Makes the Poison World Bank (2020-03-03) 부채의 이익과 비용 : 독극물을 만드는 선량                         세계은행(2020-03) Government debt has risen substantially in emerging market and developing economies (EMDEs) since the global financial crisis. The current environment of low global interest rates and weak growth may appear to mitigate c ..  more Loan Types and the Bank Lending Channel CEPR (2020-03-03) 글로벌 금융위기 이후 신흥시장과 개발도상국(EMDE)에서 정부 부채가 크게 증가했다. 낮은 세계 금리와 약한 성장의 현재 환경은 c. ... 더 많은 대출 유형과 은행 대출 채널을 완화하는 것처럼 보일 수 있다.                                   심폐소생술(2020-03) Using credit-registry data for Spain and Peru, we document that four main types of commercial credit-asset-based loans, cash flow loans, trade finance and leasing-are easily identifiable and represent the bulk of corpora ..  more Output Gaps and Robust Monetary Policy Rules IJCB (2020-03-03) 스페인과 페루의 신용 등록 자료를 사용하여, 우리는 네 가지 주요 유형의 상업 신용 자산 기반 대출, 현금 흐름 대출, 무역 금융 및 임대가 쉽게 식별될 수 있으며, 많은 기업을 대표한다는 것을 문서화한다. 더 많은 출력 갭과 강력한 통화 정책 규칙   IJCB(2020-03) Policymakers often use the output gap to guide monetary policy, even though inflation and nominal gross domestic product (NGDP) are measured more accurately in real time. Employing a small New Keynesian model with a zero ..  more 정책 입안자들은 인플레이션과 명목 국내총생산(NGDP)을 실시간으로 더 정확하게 측정하더라도 통화정책을 안내하기 위해 출력 격차를 자주 사용한다. 0으로 작은 뉴 케인즈 모델을 사용하는 것.. 더 제 목 발행기관 A Financial Stability Analysis of Zombie Firms in Canada Bank of Canada The Effect of Mortgage Rate Resets on Debt: Evidence from TransUnion (Part I) Bank of Canada The Power of Helicopter Money Revisited: A New Keynesian Perspective Bank of Canada A Roadmap for Growing Good Jobs: Background on data and methodology Brookings Why bank regulators should make their secret ratings public Brookings China's Uneven High-Tech Drive: Implications for the United States CSIS Capital markets: Modules and Microservices Deloitte Avoiding Sovereign Default Contagion: A Normative Analysis FRB Capacity Choice, Monetary Trade, and the Cost of Inflation FRB Common Transport Infrastructure: A Quantitative Model and Estimates from the Belt and Road Initiative FRB How Much Will the Belt and Road Initiative Reduce Trade Costs? FRB Online Estimation of DSGE Models FRB Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints FRB The Elusive Gains from Nationally-Oriented Monetary Policy FRB The Fed's "Ample-Reserves" Approach to Implementing Monetary Policy FRB The Increasing Deflationary Influence of Consumer Digital Access Services FRB Credit Score Doctors FRB of Chicago The Signaling, Screening, and Human Capital Effects of National Board Certification: Evidence from Chicago and Kentucky High Schools FRB of Chicago Oligopsonies over the Business Cycle FRB of Cleveland Saving Constraints, Debt, and the Credit Market Response to Fiscal Stimulus FRB of Cleveland The Effect of Immigration on Business Dynamics and Employment FRB of Dallas Optimal Monetary Policy According to HANK FRB of New York The Overnight Drift FRB of New York The Fed's Response to Economic News Explains the "Fed Information Effect" FRB of San Francisco Assessing Beijing's Power: A Blueprint for the U.S. Response to China over the Next Decades Heritage Bank Capital: A Seawall Approach IJCB Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts? IJCB Monetary Policy, Commodity Prices, and Misdiagnosis Risk IJCB Output Gaps and Robust Monetary Policy Rules IJCB Relaxed Lending Standards and the 2007 Mortgage Crisis: Changes in Household Debt and Borrowing Behaviors IJCB Stress Tests of the Household Sector Using Microdata from Survey and Administrative Sources IJCB The Continuing Validity of Monetary Policy Autonomy under Floating Exchange Rates IJCB A 2040 vision for the US power industry: Evaluating two decarbonization scenarios McKinsey A new management science for technology delivery McKinsey Are you asking enough from your design leaders? McKinsey 21st Century Macro NBER Can Low Retirement Savings Be Rationalized? NBER Does Information About Climate Risk Affect Property Values? NBER Does Student Loan Forgiveness Drive Disability Application? NBER Housing Discrimination and Pollution Exposures in the United States NBER Human Capital as Engine of Growth - The Role of Knowledge Transfers in Promoting Balanced Growth Within and Across Countries NBER Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations NBER Secured Credit Spread NBER Take the Q Train: Value Capture of Public Infrastructure Projects NBER The Collateral Channel of Monetary Policy: Evidence from China NBER The Electric Vehicle Transition and the Economics of Banning Gasoline Vehicles NBER Trust and Saving in Financial Institutions NBER Uncovered Interest Parity, Forward Guidance, and the Exchange Rate NBER Utilization-Adjusted TFP Across Countries: Measurement and Implications for International Comovement NBER What Determines Consumer Financial Distress? Place- and Person-Based Factors NBER Jumping Forward: Compliance In Insurance Oliver Wyman Reimagining The Korean Wealth Management Market Oliver Wyman Democratic presidential candidates have mixed positions on trade PIIE Global value chains and the removal of trade protection PIIE 제 목 발행기관 Erosion of state power, corruption control, and political stability Bank of Finland Job-to-Job Flows and Wage Dynamics in France and Italy Bank of France How good is the European Commission's Just Transition Fund proposal? Bruegel How Do Credits Dollarize? The Role of Firm's Natural Hedges, Banks' Core and Non-Core Liabilities CBRT The Role of Imported Inputs in Pass-through Dynamics CBRT Heterogeneous Wealth Effects CEPR Loan Types and the Bank Lending Channel CEPR The Econometrics of Oil Market VAR Models CEPR Financial stability committees and the countercyclical capital buffer Deutsche Bundesbank The power of forward guidance in a quantitative TANK model Deutsche Bundesbank Density forecast combinations: the real-time dimension ECB Global Data Access for Solving Rare Disease: A Health Economics Value Framework WEF Energy Use Patterns in German Manufacturing Since 2003 ZEW Labor Shortage and Innovation ZEW 제 목 발행기관 A Comparative Analysis of Tax Administration in Asia and the Pacific: 2020 Edition ADB Attraction or Repulsion? Testing Coagglomeration of Innovation between Firm and University ADB Conditions for Effective Macroprudential Policy Interventions ADB Exchange Rates and Insulation in Emerging Markets ADB Not Business as Usual: Mega-Trends and the Need for New City Building Approaches in the People's Republic of China ADB Over Land and Over Sea: Domestic Trade Frictions in the Philippines ADB The Integration of Countries' Sovereign Bond Markets: An Empirical Illustration of a Global Financial Cycle BOJ 미중 대립과 아시아 서플라이체인 재편 (In Japanese) JRI 시진핑 정권은 왜 미국과의 대립을 마다하지 않는가? (In Japanese) JRI Competitive Neutrality of State-owned Enterprises in China's Steel Industry: Causal Inference on the Impacts of Subsidies RIETI 제 목 발행기관 Variability in risk-weighted assets: what does the market think? BIS Enhancing the macroprudential dimension of Solvency II ESRB Macroprudential implications of financial instruments in Levels 2 and 3 for accounting purposes ESRB Deus ex Machina? A Framework for Macro Forecasting with Machine Learning IMF Exploring Residual Profit Allocation IMF Foreign Demand and Local House Prices: Evidence from the US IMF Household Debt and House Prices-at-risk: A Tale of Two Countries IMF International Capital Flows at the Security Level - Evidence from the ECB's Asset Purchase Programme IMF The Impact of Conflict and Political Instability on Banking Crises in Developing Countries IMF The More the Merrier? A Machine Learning Algorithm for Optimal Pooling of Panel Data IMF Transitory and Permanent Shocks in the Global Market for Crude Oil IMF Blockchain for SMEs and entrepreneurs in Israel OECD Systemic Thinking for Policy Making : The Potential of Systems Analysis for Addressing Global Policy Challenges in the 21st Century OECD Brexit Beyond Tariffs: The role of non-tariff measures and the impact on developing countries UNCTAD Leveraging the Potential of ESG ETFs for Sustainable Development UNCTAD Benefits and Costs of Debt : The Dose Makes the Poison World Bank Understanding the Cost of Achieving the Sustainable Development Goals World Bank 제 목 발행기관 Coronavirus Spread Puts Densely Populated India on High Alert 코로나바이러스 확산, 인도 집중 집중 고경보 bloomberg Japan Pension Fund Sheds Bonds, Bets Virus Fears Are Overblown 일본 연금 기금, 채권 매각, 바이러스 공포 팽배 bloomberg Bank of Korea Leaves Key Rate Unchanged Despite Virus Blow 바이러스 폭발에도 불구하고 한국은행, 주요 금리 변동 없음 bloomberg Global Credit Market Seizes Up as Coronavirus Halts Bond Sales 코로나바이러스가 채권 판매를 중단함에 따라 글로벌 신용시장이 상승함 bloomberg Pandemic Scenario for ECB May Mean Revisiting Maxed-Out Toolkit ECB를 위한 전신 시나리오는 최대 출력 툴킷을 다시 방문하는 것을 의미할 수 있다. bloomberg Virus Alarm Drives Rotation Into Gold With Record ETF Flows 기록적인 ETF 흐름으로 금으로 회전하는 바이러스 경보 bloomberg German Firms Cut Investment for Third Quarter 독일 기업, 3분기 투자 삭감 bloomberg JPMorgan Says Blockchain Is Laying Foundation for Digital Money JPMorgan, 블록체인이 디지털 머니를 위한 재단을 설립했다고 말한다. bloomberg Rethinking how we value data 우리가 데이터를 어떻게 평가하는지 다시 생각해보죠 economist The virus is coming 바이러스가 오고 있다 economist Experts predict that covid-19 will spread more widely 전문가들은 코비드19가 더 널리 퍼질 것이라고 예측한다 economist Markets wake up with a jolt to the implications of covid-19 시장은 covid-19의 함축적 의미에 경악하며 깨어난다. economist As its covid-19 epidemic slows, China tries to get back to work 코비드-19 전염병이 둔화되면서 중국은 다시 일터로 돌아가려고 한다. economist Healing the rift in Europe's single currency 유럽 단일 통화의 균열 치유 economist Business and the next recession 사업과 다음 경기 침체 economist The Iranian regime risks exacerbating the outbreak of covid-19 이란 정권은 코비드-19의 발발을 악화시킬 위험이 있다. economist Coronavirus to knock US earnings growth to zero, Goldman says 골드만은 코로나 바이러스가 미국 수입증가를 제로로 떨어 뜨린다고 밝혔다 ft Japan shuts all schools to combat coronavirus 일본, 코로나 바이러스 퇴치 위해 모든 학교 폐쇄 ft Coronavirus and the etiquette of working from home 코로나 바이러스와 재택 근무의 예절 ft Stocks whipsaw amid mounting coronavirus concerns 코로나바이러스 우려가 높아지는 가운데 주가가 급등했다. ft Junk bond spreads surge as investors consider virus risks 투자자들이 바이러스 위험을 고려함에 따라 정크 채권이 급증한다 ft The AI doctor will see you now AI 의사가 지금 당신을 볼 것입니다 ft Coronavirus deals fresh blow to Italy's struggling economy 코로나바이러스는 이탈리아의 어려움을 겪고 있는 경제에 새로운 타격을 준다. ft Japan warns of rapid coronavirus spread after global market sell-off 일본은 세계 시장 매각 후 코로나바이러스 확산을 경고하고 있다. ft Bets on Interest Rate Cuts Escalate 금리 인하에 대한 베팅 이관 wsj U.S. Coronavirus Outbreak Would Pose Risk to Record Expansion 미국 코로나 바이러스 발생으로 기록적인 확장 위험 wsj Fed's Wait-and-See Posture Tested by Spread of Coronavirus 코로나바이러스 확산으로 테스트된 연방준비제도이사회 대기 및 대기 자세 wsj Trump versus the Coronavirus 트럼프 대 코로나바이러스 wsj Coronavirus Concerns Fuel Fresh Selloff in Global Stocks 코로나바이러스, 글로벌 주식에서 연료 신선 판매 우려 wsj The Spending Virus 소비 바이러스 wsj SEC Rethinks Approach to Conflicts Among Bond-Rating Firms 채권평가회사간의 갈등에 대한 SEC의 재검토 wsj With Current Tools, Fed Unlikely To Sustainably Hit Inflation Target 현재 정책으로 연준은 인플레이션 목표를 지속 할 가능성이 거의 없음 wsj