create a website

Sovereign illiquidity and recessions.. (2021). Gutkowski, Violeta A.
In: Journal of Economic Dynamics and Control.
RePEc:eee:dyncon:v:122:y:2021:i:c:s0165188920301974.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 45

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Ajello, A. Financial intermediation, investment dynamics and business cycle fluctuations. 2016 Am. Econ. Rev.. 106 2256-2303

  2. Alvarez, L.J. ; Dhyne, E. Sticky prices in the euro area: a summary of new micro evidence. 2006 . 4 575-584

  3. Amihud, Y. Illiquidity and stock returns: cross-section and time-series effects. 2002 J. Financial Markets. 5 31-56

  4. Arellano, C. Default risk and income fluctuations in emerging economies. 2008 Am. Econ. Rev.. 98 690-712

  5. Arslanalp, S. ; Tsuda, T. Tracking global demand for advanced economy sovereign debt. 2014 IMF Economic Review. 62 -

  6. Bigio, S. Endogenous liquidity and the business cycle. 2015 Am. Econ. Rev.. 105 1883-1927

  7. Bigio, Saki ; Schneider, Andrés Liquidity shocks, business cycles and asset prices. 2017 Eur. Econ. Rev.. 97 108-130

  8. Bocola, Luigi The pass-through of sovereign risk. 2016 Journal of Political Economy. 124 879-926

  9. Calvo, G.A. Staggered prices in a utility-maximizing framework. 1983 J. Monet. Econ.. 12 383-398

  10. Checherita-Westphal, C. ; Cui, W. ; Radde, S. Government bond liquidity and sovereign-bank interlinkages. 2015 SFB 649 Discussion Paper. -

  11. Christiano, L.J. ; Motto, R. ; Rostagno, M. Risk shocks. 2014 Am. Econ. Rev.. 104 27-65

  12. Cooper, R. ; Haltiwanger, J. ; Power, L. Machine replacement and the business cycle: lumps and bumps. 1999 Am. Econ. Rev.. 89 921-946

  13. Corwin, S.A. ; Schultz, P. A simple way to estimate bid-ask spreads from daily high and low prices. 2012 J. Finance. 67 719-760

  14. Cui, W. ; Radde, S. Search-based endogenous illiquidity and the macroeconomy. 2016 Working Paper Series 1917, European Central Bank. -
    Paper not yet in RePEc: Add citation now
  15. Darbha, M. ; Dufour, A. Euro area government bond market liquidity. 2015 SSRN. -
    Paper not yet in RePEc: Add citation now
  16. Darbha, M. ; Dufour, A. Microstructure of the euro-area government bond market. 2013 Market Microstructure in Emerging and Developed Markets: Price Discovery, Information Flows, and Transaction Costs. 39-58
    Paper not yet in RePEc: Add citation now
  17. De Santis, R.A. The euro area sovereign debt crisis: identifying flight-to-liquidity and the spillover mechanisms. 2014 Journal of Empirical Finance. 26 150-170
    Paper not yet in RePEc: Add citation now
  18. Del Negro, M. ; Eggertsson, G.B. ; Ferrero, A. ; Kiyotaki, N. The great escape? a quantitative evaluation of the feds liquidity facilities. 2017 Am. Econ. Rev.. 107 824-857

  19. Doms, M. ; Dunne, T. Capital adjustment patterns in manufacturing plants. 1998 Rev. Econ. Dyn.. 1 409-429

  20. Eaton, J. ; Gersovitz, M. Debt with potential repudiation: theoretical and empirical analysis. 1981 Rev. Econ. Stud.. 48 289-309

  21. Eberly, J. International evidence on investment and fundamentals. 1997 Eur. Econ. Rev.. 41(6) 1055-1078

  22. Fleming, M. Measuring treasury market liquidity. 2003 FRBNY Economic Policy Review. 83-99

  23. Garcia, J. ; Gimeno, R. Flight-to-liquidity flows in the euro area sovereign debt crisis. 2014 Banco de Espana Working Paper. -

  24. Gazzani, A. ; Vicondoa, A. The real effects of liquidity shocks in sovereign debt markets: evidence from italy. 2016 Ademu Working Paper Series. -
    Paper not yet in RePEc: Add citation now
  25. Gertler, M. ; Karadi, P. A model of unconventional monetary policy. 2011 J. Monet. Econ.. 58 17-34

  26. Guillen, D. ; Cui, W. Optimal monetary responses to asset price levels and fluctuations: the ramsey problem and a primal approach. 2012 2012 Meeting Papers. -

  27. He, Z. ; Milbradt, K. Endogenous liquidity and defaultable bonds. 2014 Econometrica. 82 1443-1508

  28. Jaccard, I. Liquidity constraints, risk premia, and the macroeconomic effects of liquidity shocks. 2013 Working Paper Series 1525, European Central Bank. -

  29. Jankowitsch, R. ; Nagler, F. ; Subrahmanyam, M. The determinants of recovery rates in the us corporate bond market. 2014 J. financ. econ.. 114(1) 155-177

  30. Jermann, U. ; Quadrini, V. Macroeconomic effects of financial shocks. 2012 Am. Econ. Rev.. 102 238-271

  31. Kiyotaki, N. ; Moore, J. Liquidity, business cycles, and monetary policy. 2012 National Bureau of Economic Research:

  32. Kurlat, P. Lemons markets and the transmission of aggregate shocks. 2013 Am. Econ. Rev.. 103 (4) 146389-

  33. Le Bihan, H. ; Montornès, J. ; Heckel, T. Sticky wages: evidence from quarterly microeconomic data. 2012 Am. Econ. J. Macroecon.. 4 1-32

  34. Molteni, F. Liquidity, Government Bonds and Sovereign Debt Crises. 2015 CEPII research center:

  35. Monfort, A. ; Renne, J.-P. Decomposing euro-area sovereign spreads: credit and liquidity risks. 2014 Rev. Financ.. 18 2103-2151

  36. Nezafat, P. ; Slavik, C. Asset prices and business cycles with financial shocks. 2014 Available at SSRN 1571754. -
    Paper not yet in RePEc: Add citation now
  37. Nieto, B. Bid–ask spread estimator from high and low daily prices: practical implementation for corporate bonds. 2018 Journal of Empirical Finance. 48 36-57

  38. Passadore, J. ; Xu, Y. Illiquidity in sovereign debt markets. 2015 Society for Economic Dynamics Meeting Papers. -

  39. Pelizzon, L. ; Subrahmanyam, M.G. ; Tomio, D. ; Uno, J. The microstructure of the european sovereign bond market: a study of the euro-zone crisis. 2013 New York University, WP. -
    Paper not yet in RePEc: Add citation now
  40. Perez, D. Sovereign debt, domestic banks and the provision of public liquidity. 2015 New York University:

  41. Roll, R. A simple implicit measure of the effective bid-ask spread in an efficient market. 1984 J. Finance. 39 1127-1139

  42. Schestag, R. ; Schuster, P. ; Uhrig-Homburg, M. Measuring liquidity in bond markets. 2016 Rev. Financ. Stud.. 29 1170-1219

  43. Schwarz, Krista Mind the gap: disentangling credit and liquidity in risk spreads. 2019 Review of Finance. 23 557-597

  44. Shi, S. Liquidity, assets and business cycles. 2015 J. Monet. Econ.. 70 116-132

  45. Smets, F. ; Wouters, R. An estimated dynamic stochastic general equilibrium model of the euro area. 2003 J. Eur. Econ. Assoc.. 1123-1175

Cocites

Documents in RePEc which have cited the same bibliography

  1. A liquidity crunch in an endogenous growth model with human capital. (2022). Salas, Sergio.
    In: Southern Economic Journal.
    RePEc:wly:soecon:v:88:y:2022:i:3:p:1199-1238.

    Full description at Econpapers || Download paper

  2. Financial Stability Considerations for Monetary Policy: Theoretical Mechanisms. (2022). Tambalotti, Andrea ; Gourio, Francois ; Boyarchenko, Nina ; Ajello, Andrea.
    In: Staff Reports.
    RePEc:fip:fednsr:93711.

    Full description at Econpapers || Download paper

  3. Financial Stability Considerations for Monetary Policy: Theoretical Mechanisms. (2022). Tambalotti, Andrea ; Gourio, Francois ; Boyarchenko, Nina ; Ajello, Andrea.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2022-05.

    Full description at Econpapers || Download paper

  4. Firm-level employment, labour market reforms, and bank distress. (2022). Setzer, Ralph ; Stieglitz, Moritz.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:120:y:2022:i:c:s0261560620302801.

    Full description at Econpapers || Download paper

  5. A Ramsey theory of financial distortions. (2021). Cui, Wei ; Bassetto, Marco.
    In: IFS Working Papers.
    RePEc:ifs:ifsewp:21/05.

    Full description at Econpapers || Download paper

  6. Secular stagnation, financial frictions, and land prices. (2021). Cai, Zhifeng.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:124:y:2021:i:c:p:66-90.

    Full description at Econpapers || Download paper

  7. The effect of credit shocks in the context of labor market frictions. (2021). Liao, Shushu.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:125:y:2021:i:c:s0378426621000492.

    Full description at Econpapers || Download paper

  8. Identifying credit demand, financial intermediation, and supply of funds shocks: A structural VAR approach. (2021). Balke, Nathan ; Zeng, Zheng ; Zhang, Ren.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:56:y:2021:i:c:s1062940821000140.

    Full description at Econpapers || Download paper

  9. Sovereign illiquidity and recessions.. (2021). Gutkowski, Violeta A.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:122:y:2021:i:c:s0165188920301974.

    Full description at Econpapers || Download paper

  10. Bubbles, Crashes, Ups and Downs in Economic Growth Theory and Evidence. (2021). Jinnai, Ryo ; Guerron, Pablo ; Hirano, Tomohiro ; Guerron-Quintana, Pablo A.
    In: CIGS Working Paper Series.
    RePEc:cnn:wpaper:21-006e.

    Full description at Econpapers || Download paper

  11. Asset Prices and Business Cycles with Liquidity Shocks. (2021). Slavik, Ctirad ; Nezafat, Mahdi.
    In: CERGE-EI Working Papers.
    RePEc:cer:papers:wp711.

    Full description at Econpapers || Download paper

  12. Banks, shadow banks, and business cycles. (2021). Gauthier, David ; Becard, Yvan.
    In: Bank of England working papers.
    RePEc:boe:boeewp:0907.

    Full description at Econpapers || Download paper

  13. Understanding bank and non-bank credit cycles: a structural exploration. (2021). Zhong, Molin ; Durdu, C. Bora.
    In: BIS Working Papers.
    RePEc:bis:biswps:919.

    Full description at Econpapers || Download paper

  14. The Impact of Uncertainty and Financial Shocks in Recessions and Booms. (2020). Salzmann, Leonard.
    In: VfS Annual Conference 2020 (Virtual Conference): Gender Economics.
    RePEc:zbw:vfsc20:224588.

    Full description at Econpapers || Download paper

  15. Charge-offs, Defaults and the Financial Accelerator. (2020). Johri, Alok ; Gunn, Christopher ; Letendre, Marc-Andre.
    In: Department of Economics Working Papers.
    RePEc:mcm:deptwp:2020-17.

    Full description at Econpapers || Download paper

  16. A Ramsey Theory of Financial Distortions. (2020). Cui, Wei ; Bassetto, Marco.
    In: Working Papers.
    RePEc:fip:fedmwp:89242.

    Full description at Econpapers || Download paper

  17. Adverse selection, lemons shocks and business cycles. (2020). Ikeda, Daisuke.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:115:y:2020:i:c:p:94-112.

    Full description at Econpapers || Download paper

  18. The role of learning for asset prices and business cycles. (2020). Winkler, Fabian.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:114:y:2020:i:c:p:42-58.

    Full description at Econpapers || Download paper

  19. Liquidity supply by broker-dealers and real activity. (2020). Goldberg, Jonathan.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:136:y:2020:i:3:p:806-827.

    Full description at Econpapers || Download paper

  20. Default recovery rates and aggregate fluctuations. (2020). Dmitriev, Mikhail ; Candian, Giacomo.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:121:y:2020:i:c:s0165188920301792.

    Full description at Econpapers || Download paper

  21. The fiscal state-dependent effects of capital income tax cuts. (2020). Yang, Shu-Chun ; Shen, Wenyi ; Fotiou, Alexandra.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:117:y:2020:i:c:s0165188920300300.

    Full description at Econpapers || Download paper

  22. The Bond Lending Channel of Monetary Policy. (2020). Darmouni, Olivier ; Rodnyansky, R ; Giesecke, O.
    In: Cambridge Working Papers in Economics.
    RePEc:cam:camdae:2049.

    Full description at Econpapers || Download paper

  23. Firm-level employment, labour market reforms, and bank distress. (2019). Setzer, Ralph ; Stieglitz, Moritz.
    In: IWH Discussion Papers.
    RePEc:zbw:iwhdps:152019.

    Full description at Econpapers || Download paper

  24. The Impact of Uncertainty and Financial Shocks in Recessions and Booms. (2019). Salzmann, Leonard.
    In: EconStor Preprints.
    RePEc:zbw:esprep:206691.

    Full description at Econpapers || Download paper

  25. Financial Risk Capacity. (2019). Bigio, Saki ; D'Avernas, Adrien.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:26561.

    Full description at Econpapers || Download paper

  26. Charge-offs, Defaults and U.S. Business Cycles. (2019). Johri, Alok ; Gunn, Christopher ; Letendre, Marc-Andre.
    In: Department of Economics Working Papers.
    RePEc:mcm:deptwp:2019-06.

    Full description at Econpapers || Download paper

  27. Asset Dynamics, Liquidity, and Inequality in Decentralized Markets. (2019). Minetti, Raoul ; Iacopetta, Maurizio.
    In: Post-Print.
    RePEc:hal:journl:halshs-03515555.

    Full description at Econpapers || Download paper

  28. Bank size, returns to scale, and cost efficiency. (2019). Sapci, Ayse ; Miles, Bradley.
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:105:y:2019:i:c:s0148619518301152.

    Full description at Econpapers || Download paper

  29. On the sources of information about latent variables in DSGE models. (2019). Iskrev, Nikolay.
    In: European Economic Review.
    RePEc:eee:eecrev:v:119:y:2019:i:c:p:318-332.

    Full description at Econpapers || Download paper

  30. Learning about banks’ net worth and the slow recovery after the financial crisis. (2019). Kühl, Michael ; Kuhl, Michael ; Hollmayr, Josef.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:109:y:2019:i:c:s0165188919301733.

    Full description at Econpapers || Download paper

  31. Charge-offs, Defaults and U.S. Business Cycles. (2019). Johri, Alok ; Gunn, Christopher ; Letendre, Marc-Andre.
    In: Carleton Economic Papers.
    RePEc:car:carecp:19-04.

    Full description at Econpapers || Download paper

  32. To sign or not to sign? On the response of prices to financial and uncertainty shocks. (2018). Röhe, Oke ; Meinen, Philipp ; Rohe, Oke.
    In: Discussion Papers.
    RePEc:zbw:bubdps:332018.

    Full description at Econpapers || Download paper

  33. Leverage over the Firm Life-Cycle, Firm Growth, and Aggregate Fluctuations. (2018). Kalemli-Ozcan, Sebnem ; Hyatt, Henry ; Dinlersoz, Emin ; Penciakova, Veronika.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25226.

    Full description at Econpapers || Download paper

  34. To sign or not to sign? On the response of prices to financial and uncertainty shocks. (2018). Röhe, Oke ; Meinen, Philipp ; Roehe, Oke.
    In: Economics Letters.
    RePEc:eee:ecolet:v:171:y:2018:i:c:p:189-192.

    Full description at Econpapers || Download paper

  35. Lending standards and macroeconomic dynamics. (2018). Gete, Pedro.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20182207.

    Full description at Econpapers || Download paper

  36. The Fiscal Multiplier in a Liquidity‐Constrained New Keynesian Economy. (2018). Kara, Engin ; Sin, Jasmin.
    In: Scandinavian Journal of Economics.
    RePEc:bla:scandj:v:120:y:2018:i:1:p:93-123.

    Full description at Econpapers || Download paper

  37. Frontiers of macrofinancial linkages. (2018). Claessens, Stijn ; Kose, Ayhan M.
    In: BIS Papers.
    RePEc:bis:bisbps:95.

    Full description at Econpapers || Download paper

  38. The long-run real effects of banking crises: Firm-level investment dynamics and the role of wage rigidity. (2017). Wix, Carlo.
    In: SAFE Working Paper Series.
    RePEc:zbw:safewp:189.

    Full description at Econpapers || Download paper

  39. Understanding the Cyclical Nature of Financial Intermediation Costs. (2017). Sapci, Ayse ; Jaremski, Matthew.
    In: Southern Economic Journal.
    RePEc:wly:soecon:v:84:y:2017:i:1:p:181-201.

    Full description at Econpapers || Download paper

  40. The Interplay Between Financial Conditions and Monetary Policy Shocks. (2017). Benzoni, Luca ; Bassetto, Marco ; Serrao, Trevor.
    In: 2017 Meeting Papers.
    RePEc:red:sed017:1124.

    Full description at Econpapers || Download paper

  41. Liquidity shocks, business cycles and asset prices. (2017). Bigio, Saki ; Schneider, Andres.
    In: European Economic Review.
    RePEc:eee:eecrev:v:97:y:2017:i:c:p:108-130.

    Full description at Econpapers || Download paper

  42. Financial intermediation, consumption dynamics, and business cycles. (2017). Yepez, Carlos.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:60:y:2017:i:c:p:231-243.

    Full description at Econpapers || Download paper

  43. The Great Escape? A Quantitative Evaluation of the Feds Liquidity Facilities. (2017). Ferrero, Andrea ; Eggertsson, Gauti ; Del Negro, Marco ; Kiyotaki, Nobuhiro.
    In: American Economic Review.
    RePEc:aea:aecrev:v:107:y:2017:i:3:p:824-57.

    Full description at Econpapers || Download paper

  44. The Interplay Between Financial Conditions and Monetary Policy Shocks. (2016). Benzoni, Luca ; Bassetto, Marco ; Serrao, Trevor.
    In: Working Paper Series.
    RePEc:fip:fedhwp:wp-2016-11.

    Full description at Econpapers || Download paper

  45. Liquidity, Trends and the Great Recession. (2014). Jinnai, Ryo ; Guerron, Pablo ; Guerron-Quintana, Pablo A..
    In: Working Papers.
    RePEc:tcr:wpaper:e66.

    Full description at Econpapers || Download paper

  46. Liquidity, Trends, and the Great Recession. (2014). Guerron, Pablo ; Guerron-Quintana, Pablo.
    In: 2014 Meeting Papers.
    RePEc:red:sed014:751.

    Full description at Econpapers || Download paper

  47. Lliquidity, trends, and the great recession. (2014). Jinnai, Ryo ; Guerron, Pablo ; Guerron-Quintana, Pablo.
    In: Working Papers.
    RePEc:fip:fedpwp:14-24.

    Full description at Econpapers || Download paper

  48. Liquidity, Assets and Business Cycles. (2012). Shi, Shouyong.
    In: Working Papers.
    RePEc:tor:tecipa:tecipa-459.

    Full description at Econpapers || Download paper

  49. Liquidity and the Threat of Fraudulent Assets. (2011). Weill, Pierre-Olivier ; Rocheteau, Guillaume.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:17500.

    Full description at Econpapers || Download paper

  50. Liquidity and the threat of fraudulent assets. (2011). Weill, Pierre-Olivier ; Rocheteau, Guillaume ; Li, Yiting.
    In: Working Papers (Old Series).
    RePEc:fip:fedcwp:1124.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-04 05:10:44 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.