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CONVENTIONAL RESULTS OF UNCONVENTIONAL MONETARY POLICY [PDF]
ეკონომიკური პროფილი, 2022 The financial crisis of 2008 was a major crisis after 1929. It reminded once again us about the contradictory nature of fractional reserve Banking. The Great Depression taught us that the financial crisis of 2008 would result in a substantial reduction ...
Mirza Khidasheli
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Conventional and unconventional monetary policy rules [PDF]
Journal of Macroeconomics, 2017 This essay examines the challenges in devising rules for unconventional monetary policy suitable for a post-crisis world. It is argued that unconventional monetary policy instruments are a poor substitute for conventional interest-rate policy in stabilizing the economy and in insulating monetary policy from political pressures. Some suggestions for the
Kevin D Sheedy
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Effectiveness of Conventional and Syariah Monetary Policy Transmission
Tazkia Islamic Finance and Business Review, 2014 Objective - The purpose of this study is to compare the effectiveness of monetary policy transmission through conventional and Islamic instruments through the interest rate channel and profit loss sharing / margins channel, to control the price level ...
Yoghi Citra Pratama
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CONVENTIONAL AND UNCONVENTIONAL MONETARY POLICY. THE CASE OF ROMANIA
Studies and Scientific Researches: Economics Edition, 2016 The aim of our paper is to analyze the conventional and unconventional monetary policy in Romania, in the context of the recent financial crisis. We study the relationship between interest rates and credit risk, but also the non-standard monetary ...
Ioana Plescau
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Conventional monetary policy, COVID-19, and stock markets in emerging economies☆ [PDF]
Pacific-Basin Finance Journal, 2022 Iyke B, Maheepala M.
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Analyzing the effects of conventional and non-conventional monetary policies on economic growth in uncertain conditions using stochastic general equilibrium (DSGE) method. [PDF]
اقتصاد باثبات, 2023 The relationship between financial and monetary policies and economic growth is a well-known topic in economic literature. Conventional policies refer to the set of policies implemented by the World Bank and the International Monetary Fund as custodians ...
Elham Banisaeid +2 more
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Conventional Monetary Policy [PDF]
, 2021 Abstract This chapter introduces conventional monetary policy, i.e. monetary policy during periods of economic and financial stability and when short-term interest rates are not constrained by the zero lower bound. We introduce the concept of an operational target of monetary policy and explain why central banks normally give this ...
Ulrich Bindseil, Alessio Fotia
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(Un)Conventional Monetary and Fiscal Policy
SSRN Electronic Journal, 2022 We build a tractable New Keynesian model to study four types of monetary and fiscal policy. We find that quantitative easing (QE), lump-sum fiscal transfers, and government spending have the same effects on the aggregate economy when fiscal policy is fully tax financed.
Wu, Jing Cynthia, Xie, Yinxi
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Conventional and Unconventional Monetary Policy [PDF]
SSRN Electronic Journal, 2009 We extend a standard New Keynesian model to incorporate heterogeneity in spending opportunities and two sources of (potentially time-varying) credit spreads, and to allow a role for the central bank's balance sheet in equilibrium determination. We use the model to investigate the implications of imperfect financial intermediation for familiar monetary ...
Cúrdia, Vasco, Woodford, Michael
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European Journal of Islamic Finance, 2023 This academic article focuses on analysing the transmission mechanism of monetary policy in a dual banking system composed of Islamic and conventional banks.
Salma Drissi, Wafa Guerguer
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