 주목할만한 연구
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Cryptocurrencies and decentralised finance: functions and financial stability implications Cryptocurrencies and decentralised finance (DeFi) aim to replicate many of the economic functions of traditional finance (TradFi), but their distinctive features introduce new financial stability risks. We analyse these .. more
BIS (2025-04-15) |
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Supply chain transmission of climate-related physical risks How do climate anomalies affect GDP growth, and how do trade connections help understand this impact? We address these questions exploring local fluctuations in temperature and precipitation coupled with data on supply c .. more
BIS (2025-04-16) |
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Long-Run Effects of Trade Wars This short note shows that accounting for capital adjustment is critical when analyzing the long-run effects of trade wars on real wages and consumption. The reason is that trade wars increase the relative price between .. more
NBER (2025-04-21) |
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