Results 31 to 40 of about 24,899 (228)
Growth prospects, the natural interest rate, and monetary policy
The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining persistently below the inflation targets of central banks in many advanced economies despite an unprecedented monetary expansion.
Fiedler Salomon+3 more
doaj +1 more source
The transmission mechanism has been dominated by direct monetary measures since the crisis of 2008. While the indirect impacts of the unconventional monetary instruments have not been fully explored yet.
Mészáros Mercédesz+1 more
doaj +1 more source
The Moduli Space of Harnack Curves in Toric Surfaces [PDF]
In 2006, Kenyon and Okounkov computed the moduli space of Harnack curves of degree $d$ in $\mathbb{C}\mathbb{P}^2$. We generalize to any projective toric surface some of the techniques used there. More precisely, we show that the moduli space $\mathcal{H}_\Delta$ of Harnack curves with Newton polygon $\Delta$ is diffeomorphic to $\mathbb{R}^{m-3}\times\
arxiv +1 more source
Spherical 2-categories and 4-manifold invariants [PDF]
In this paper I define the notion of a non-degenerate finitely semi-simple semi-strict spherical 2-category of non-zero dimension. Given such a 2-category I define a state-sum for any triangulated compact closed oriented 4-manifold and show that this ...
Baez+33 more
core +3 more sources
This paper examines the application of the so called generalized Student’s t-distribution in modeling the distribution of empirical return rates on selected Warsaw stock exchange indexes.
Purczyńskiz Jan+1 more
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Estimating Natural Rate of Interest and Equilibrium Exchange Rate: A Case of the Czech Republic
Article deals with estimating real natural interest rate and exchange rate to construct monetary conditions index suitable for the Czech open economy. Despite unobservable characteristics of underlying interest rates and exchange rate, the importance of ...
Pikhart Zdeněk, Froňková Pavla
doaj +1 more source
Finite-Dimensional Representations of the Quantum Superalgebra U$_{q}$[gl(2/2)]: I. Typical representations at generic $q$ [PDF]
In the present paper we construct all typical finite-dimensional representations of the quantum Lie superalgebra $U_{q}[gl(2/2)]$ at generic deformation parameter $q$.
Faddeev L. D., Nguyen Anh Ky
core +2 more sources
This article examines the relationship between money supply and financial innovation in the Maghreb countries over the period of 1980–2018 for a large annual data set on five Maghreb countries using the panel autoregressive distributed lag model (PANEL ...
Djaballah Mustapha
doaj +1 more source
Measuring Shocks to Central Bank Independence using Legal Rulings [PDF]
We investigate the consequences of legal rulings on the conduct of monetary policy. Several unconventional monetary policy measures of the European Central Bank have come under scrutiny before national courts and the European Court of Justice. These lawsuits have the potential to severely impact the scope and flexibility of central bank policies, and ...
arxiv
General Bayesian time-varying parameter VARs for predicting government bond yields [PDF]
Time-varying parameter (TVP) regressions commonly assume that time-variation in the coefficients is determined by a simple stochastic process such as a random walk. While such models are capable of capturing a wide range of dynamic patterns, the true nature of time variation might stem from other sources, or arise from different laws of motion. In this
arxiv