Results 231 to 240 of about 8,569 (258)

Forward-Looking Behavior and the Stability of a Conventional Monetary Policy Rule

Journal of Money, Credit and Banking, 1995
At the turn of the century, Knut Wicksell proposed a monetary policy rule that has become conventional wisdom: raise interest rates when inflation is above target and vice versa. The authors discover some surprising properties of this rule. When the rule is included in a model in which inflation is driven by the short real rate, the model is unstable ...
Fuhrer, Jeffrey C, Moore, George R
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Conventional Monetary Policy Re-Estimated

SSRN Electronic Journal, 2021
Alina Arefeva, Nikolay Arefyev
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MONETARY POLICY (STUDY OF CONVENTIONAL AND ISLAMIC PERSPECTIVES)

2023
As an important instrument in managing the modern economy, monetary policy is a key to success in stabilizing the country's economy. Where through the Central Bank, this policy regulates the supply and circulation of money in a country in such a way by designing financial variables such as the level of money supply and interest rates.
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Optimal Conventional and Unconventional Monetary Policy Mix

This paper examines the optimal coordination of conventional and unconventional monetary policy tools in an economy with heterogeneous households and mortgage debt. We build a dynamic stochastic general equilibrium (DSGE) model featuring three household types—savers, borrowers, and renters—and include housing investment, long-term fixed-rate mortgages,
Alpanda, Sami, Kabaca, Serdar, Mavromantis, Kostas   +2 more
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Revisiting the effects of conventional and unconventional monetary policies

Journal of Applied Econometrics
SummaryThis paper extends the discussion on the effects of the two distinctive monetary surprises in the literature. First, we show that the proxy of conventional monetary shock Granger causes the endogenous variables in the vector autoregressive model.
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The New Conventional Monetary Policy

2023
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Financial effects of QE and conventional monetary policy compared

Journal of International Money and Finance, 2022
Tomasz Wielądek
exaly  

The Bank Lending Channel of Conventional and Unconventional Monetary Policy

Journal of Money, Credit and Banking, 2021
Ugo Albertazzi, Andrea Nobili
exaly  

10 The New Conventional Monetary Policy

2023
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International Spillovers of Conventional versus Unconventional U.S. Monetary Policy

International Finance
ABSTRACT This paper investigates the international spillovers of conventional and unconventional US monetary policy for a diverse set of 44 countries. A two‐stage empirical approach is considered, first using country‐specific structural vector autoregressions to isolate US monetary policy shocks and estimate their dynamic effects on ...
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