Adão, Bernardino - Search Results - UAB Digital Repository of Documents

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Research literature, 3 records found

Research literature	3 records found

40 p, 579.3 KB

The effect of firm cash holding on monetary policy / Adão, Bernardino ; Silva, André C.
Firm cash holdings increased substantially from 1980 to 2013. The overall distribution of firm cash holdings changed in the same period. We study the implications of these changes for monetary policy. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2015 (Ademu Working Papers Series ; 11)

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36 p, 382.0 KB

The effects of inflation target changes in an open economy with heterogeneous households / Adão, Bernardino (Banco de Portugal) ; Correia, Isabel (Banco de Portugal)
When discussing the level for the target inflation in a Monetary Union typically questions of efficacy of stabilization of monetary policy or conditions for the fulfilment of an optimal monetary currency are in the forefront. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2018 (ADEMU Working Paper Series ; 122)

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41 p, 459.9 KB

Changes in the inflation regime / Adão, Bernardino (Banco de Portugal) ; Correia, Isabel (Banco de Portugal)
Typically inequality is not taken into account to assess the effects of policy changes over aggregate variables. We study the decline of expected inflation in a closed economy, and show that the efficiency effect of the decline is larger than what is usually reported even when inequality is considered. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
2018 (ADEMU Working Paper Series ; 121)

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