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Estimating the Impact of the Covid-19 Emergency on Tax Revenues in Guatemala: A Time Series Approach 估算新冠肺炎紧急情况对危地马拉税收的影响:时间序列方法
Journal of New Finance Pub Date : 2021-11-27 DOI: 10.46671/2521-2486.1015
J. H. Cole
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引用次数: 0
Emotional Finance: The Impact of Emotions on Investment Decisions 情绪金融:情绪对投资决策的影响
Journal of New Finance Pub Date : 2021-07-07 DOI: 10.46671/2521-2486.1019
Leef H. Dierks, Sonja Tiggelbeck
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引用次数: 1
What is New in Value Investing? A Systematic Literature Review 价值投资有什么新动向?系统文献综述
Journal of New Finance Pub Date : 2021-07-01 DOI: 10.46671/2521-2486.1018
Florencia Roca
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引用次数: 1
Increasing Taxes or Spending Cuts: What Is More Effective for Fiscal Consolidation? 增税还是削减开支:哪个对财政巩固更有效?
Journal of New Finance Pub Date : 2021-06-30 DOI: 10.46671/2521-2486.1017
Daniel Lacalle
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引用次数: 0
A Pandemic of Protectionism: How Economic Isolationism Affects the Economy 保护主义大流行:经济孤立主义如何影响经济
Journal of New Finance Pub Date : 2021-03-31 DOI: 10.46671/2521-2486.1011
Álvaro Martín
{"title":"A Pandemic of Protectionism: How Economic Isolationism Affects the Economy","authors":"Álvaro Martín","doi":"10.46671/2521-2486.1011","DOIUrl":"https://doi.org/10.46671/2521-2486.1011","url":null,"abstract":"","PeriodicalId":296412,"journal":{"name":"Journal of New Finance","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131470820","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Public-Private Partnerships in Transportation Infrastructures: A Tool to Overcome the Post-Covid-19 Economic Crisis in Spain 交通基础设施公私伙伴关系:克服新冠疫情后西班牙经济危机的工具
Journal of New Finance Pub Date : 2021-03-31 DOI: 10.46671/2521-2486.1012
José-María Rotellar-García, Mario González-Medrano
{"title":"Public-Private Partnerships in Transportation Infrastructures: A Tool to Overcome the Post-Covid-19 Economic Crisis in Spain","authors":"José-María Rotellar-García, Mario González-Medrano","doi":"10.46671/2521-2486.1012","DOIUrl":"https://doi.org/10.46671/2521-2486.1012","url":null,"abstract":"","PeriodicalId":296412,"journal":{"name":"Journal of New Finance","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116323050","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Beyond Mechanical Markets: Asset Price Swings, Risk, and the Role of the State (Book Review) 超越机械市场:资产价格波动、风险和国家角色(书评)
Journal of New Finance Pub Date : 2020-12-15 DOI: 10.46671/2521-2486.1007
Adrian O. Ravier
{"title":"Beyond Mechanical Markets: Asset Price Swings, Risk, and the Role of the State (Book Review)","authors":"Adrian O. Ravier","doi":"10.46671/2521-2486.1007","DOIUrl":"https://doi.org/10.46671/2521-2486.1007","url":null,"abstract":"","PeriodicalId":296412,"journal":{"name":"Journal of New Finance","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117353481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Structure of Production and Endogenous and Exogenous Liquidity of Financial Intermediaries 金融中介机构的生产结构与内生和外生流动性
Journal of New Finance Pub Date : 2020-12-15 DOI: 10.46671/2521-2486.1008
D. Fernández
{"title":"The Structure of Production and Endogenous and Exogenous Liquidity of Financial Intermediaries","authors":"D. Fernández","doi":"10.46671/2521-2486.1008","DOIUrl":"https://doi.org/10.46671/2521-2486.1008","url":null,"abstract":"Abstract Banks directly manage their own liquidity. Banks also indirectly manage the liquidity of the entire economic system. In this article we discuss the relationship between endogenous and exogenous bank liquidity, and their corresponding relationship to the structure of production. We explore these liquidity relationships in the context of both a decentralized and centralized system of free banking, comparing both with the monopoly regime of central banks, “convertible and inconvertible liabilities. We analyze the incentives that engender a liquid “system in the context of free banking as well as the perversion of those same incentives in the context of central banking, which leads to breakdowns in the system’s ability to maintain liquidity. Additionally, we touch upon the fact that the criteria for individual liquidity and systemic liquidity do not coincide. They differ, and we explain their difference in a more expansive treatment of the concept of exogenous liquidity. Regarding that concept, as of late, central banks have been employing increasingly lax criteria for what constitutes eligible collateral that might be monetized.","PeriodicalId":296412,"journal":{"name":"Journal of New Finance","volume":"33 Suppl 4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116276355","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Friedrich Hayek On Monetary and Banking Systems Reforms 哈耶克论货币与银行体系改革
Journal of New Finance Pub Date : 2020-09-15 DOI: 10.46671/2521-2486.1006
Adrian O. Ravier
{"title":"Friedrich Hayek On Monetary and Banking Systems Reforms","authors":"Adrian O. Ravier","doi":"10.46671/2521-2486.1006","DOIUrl":"https://doi.org/10.46671/2521-2486.1006","url":null,"abstract":"Abstract Throughout his life, Friedrich Hayek worked towards prescribing a monetary policy under which the world economy would again enjoy the stability it had known under the classical international gold standard system. This paper presents three banking and monetary systems that were pivotal in the history of banking and closely scrutinized by Hayek. The paper outlines those systems, summarizes Hayek’s comments on each and then discusses the recent literature on the subject in the light of Hayek’s influence.","PeriodicalId":296412,"journal":{"name":"Journal of New Finance","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114080395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Monetary and Fiscal Policies in the COVID-19 Crisis. Will They Work? 新冠肺炎危机中的货币和财政政策。它们会起作用吗?
Journal of New Finance Pub Date : 2020-06-20 DOI: 10.35995/JBAFP2030018
Daniel Lacalle
{"title":"Monetary and Fiscal Policies in the COVID-19 Crisis. Will They Work?","authors":"Daniel Lacalle","doi":"10.35995/JBAFP2030018","DOIUrl":"https://doi.org/10.35995/JBAFP2030018","url":null,"abstract":"The spread and mortality rate of the COVID-19 virus has created enormous strains on global healthcare systems and driven governments to take extreme measures to contain the virus, including the lock down of most citizens and shutting down most economic sectors. Due to these unique challenges and coming from an economy that was weak already in 2018 and 2019, the world faces a global crisis of unprecedented impact and high uncertainty about the recovery process. In this paper, we analyze how the world economy is addressing the COVID-19 pandemic. We start with the situation of the main economic regions at the end of last year to understand the tools available to fight against what could be the worst crisis since World War II, according to the IMF1. Moreover, we review the estimated economic impact of COVID-19, as well as the expected recovery and its time frame. Additionally, we reflect on the fiscal and monetary measures adopted by different countries, especially G7 economies, to tackle the crisis. Finally, we discuss the optimal policies to overcome the situation and advance towards economic recovery and the stabilization of public finances. This crisis is a supply shock added to a forced shutdown of the economy. As such, traditional tools to boost credit demand and usual demand-side policies alone are likely to generate little positive effect, as any aggregate demand that may be incentivized will not likely be followed by aggregate supply. A combination of demand-side and supply-side measures may prove to be more effective to boost the recovery after the pandemic.","PeriodicalId":296412,"journal":{"name":"Journal of New Finance","volume":"80 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129778929","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 11
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