Jens Klose
Biographic Data
| ID | 3650233 |
|---|---|
| NAME | Jens Klose |
| GIVEN NAMES | Jens |
| FAMILY NAME | Klose |
| SIGNATURE | KLOSE J |
| AFFILIATIONS | Technische Hochschule Mittelhessen Business School |
| ORCID | 0000-0001-6234-5272 |
| VERIFIED | Yes |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 2 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2017 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 1 |
Covid-19 and Financial Markets: A Panel Analysis for European Countries
In order to fight the economic consequences of the COVID-19 pandemic, monetary and fiscal policymakers announced a large variety of support packages which are often unprecedented in size. In this paper, we provide an empirical analysis of the responses of European financial markets to these policy announcements in the spring of 2020. We assemble a granular set of more than 400 policy announcements, both at the national and the European level. We …
Determinants of the Eurosystem's Central Banks Provisions
Central bank provisions may be used as a measure of the perceived risk of the balance sheet composition by a central bank. We identify three possible sources that may change the size of the provisions. These are: The length of the balance sheet, the central bank revenues, and measures of fiscal stress. Using data of the 11 founding members of the Eurosystem for the years 1999–2015, we are able to test each of the three determinants. We find that …
Equilibrium Real Interest Rates and Secular Stagnation: An Empirical Analysis for Euro Area Member Countries
Is secular stagnation – a period of persistently lower growth such as that seen following the financial crisis of 2008–09 – a valid concern for euro‐area countries? We tackle this question using the well‐established Laubach‐Williams model to estimate the unobservable equilibrium real interest rate and compare it to the actual real rate. In light of the considerable increase in heterogeneity among EU member countries since the beginning of the fin…
Equilibrium Real Interest Rates and Secular Stagnation: An Empirical Analysis for Euro Area Member Countries
Is secular stagnation – a period of persistently lower growth such as that seen following the financial crisis of 2008–09 – a valid concern for euro‐area countries? We tackle this question using the well‐established Laubach‐Williams model to estimate the unobservable equilibrium real interest rate and compare it to the actual real rate. In light of the considerable increase in heterogeneity among EU member countries since the beginning of the fin…
Equilibrium Real Interest Rates and Secular Stagnation: An Empirical Analysis for Euro Area Member Countries
Is secular stagnation – a period of persistently lower growth such as that seen following the financial crisis of 2008–09 – a valid concern for euro‐area countries? We tackle this question using the well‐established Laubach‐Williams model to estimate the unobservable equilibrium real interest rate and compare it to the actual real rate. In light of the considerable increase in heterogeneity among EU member countries since the beginning of the fin…
Determinants of the Eurosystem's Central Banks Provisions
Central bank provisions may be used as a measure of the perceived risk of the balance sheet composition by a central bank. We identify three possible sources that may change the size of the provisions. These are: The length of the balance sheet, the central bank revenues, and measures of fiscal stress. Using data of the 11 founding members of the Eurosystem for the years 1999–2015, we are able to test each of the three determinants. We find that …
Covid-19 and Financial Markets: A Panel Analysis for European Countries
In order to fight the economic consequences of the COVID-19 pandemic, monetary and fiscal policymakers announced a large variety of support packages which are often unprecedented in size. In this paper, we provide an empirical analysis of the responses of European financial markets to these policy announcements in the spring of 2020. We assemble a granular set of more than 400 policy announcements, both at the national and the European level. We …
Economics (3 works) · Business (2 works) · Finance (2 works) · Financial crisis (2 works) · Financial system (2 works) · Global Financial Crisis and Policies (2 works) · Macroeconomics (2 works) · Monetary economics (2 works) · Monetary policy (2 works) · Balance (ability (1 works)