CBDC as Imperfect Substitute for Bank Deposits: A Macroeconomic Perspective

Using Scrap Tires in EAFs as a Substitute for Carbon

EAF plants normally consume coal and coke as reactants, alloying elements, or fuel. The price of these materials varies from € 0.20-0.35/kg. This is while nearly 10 million pieces of tires are annually discarded in Iran. The present study shows that scrap tires can be used as a substitute for coal and coke in EAF plants. Thirteen grades of steel including low, medium, and high carbon steels as ...

Macroeconomic Theory For a World of Imperfect Knowledge

Bank Deposits and Relationship Lending∗

I study the role of deposit accounts in bank-firm lending relationships, using a dataset with detailed information about all Norwegian firms’ bank deposit and loan account balances. I show that firms are more likely to increase borrowing from a bank where they hold deposit accounts, and less likely to end the lending relationship. In regressions with both firm and bank fixed effects, I find tha...

Bank Deposits and Credit As Sources of Systemic Risk

The professional discussion divides itself into two broad categories. Macroeconomists typically are concerned with explaining business cycle fluctuations and determining when a recession will degenerate into a depression. 2 They are equally interested in the financial system's role as a propagator of this process because most depressions have been accompanied by serious disruptions in the finan...

IOCG Deposits: A Cordilleran Perspective

During the latter part of the Phanerozoic, numerous iron oxide(-Cu-Au) (IOCG) systems formed in parts of the Cordillera of North and South America. They occur in diverse tectonic and magmatic settings with considerable variety in deposit associations and characteristics. Although there are general patterns, there is no simple, all-encompassing descriptive model; a comparison with the diversity ...