 주목할만한 연구
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Why Does the Yield Curve Predict GDP Growth? The Role of Banks We provide evidence on the effect of the slope of the yield curve on economic activity through bank lending. Using detailed data on banks’ lending activities coupled with term premium shocks identified using high-frequen .. more
FRB (2023-07-28) |
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Digital Tokens: A Legal Perspective Tokens are units digitally represented in a distributed ledger or blockchain. The various uses of this technology have the potential to transform a wide array of economic activities, from traditional commercial transacti .. more
IMF (2023-07-28) |
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Banking in the shadow of Bitcoin? The institutional adoption of cryptocurrencies The phenomenal growth of cryptocurrencies raises important questions about their footprint on the financial system. What role are traditional financial intermediaries playing in cryptocurrency markets and what drives the .. more
CEPR (2023-07-27) |
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