Results 41 to 50 of about 37,482 (252)
Unravelling the Secrets of Inflation in the Euro Area – A Frequency Decomposition Approach
Research background: The study contributes to the field of monetary economics. In the practice of monetary policy, all central banks have a vivid interest in distinguishing between signals and noise in the data.
Gerdesmeier Dieter +2 more
doaj +1 more source
A proposal for constructing and evaluating core inflation measures
There is no unifying framework for evaluating core inflation measures, so we propose a methodological framework to close this gap. It allows us to construct, evaluate, and rank core inflation measures by applying it to countries and regions with ...
Guillermo Carlomagno +2 more
doaj +1 more source
Gamma-Ray Burst afterglow scaling coefficients for general density profile [PDF]
Gamma-ray burst (GRB) afterglows are well described by synchrotron emission originating from the interaction between a relativistic blast wave and the external medium surrounding the GRB progenitor.
Blandford +29 more
core +4 more sources
A Behavioral New Keynesian Model
This paper analyzes how bounded rationality affects monetary and fiscal policy via an empirically relevant enrichment of the New Keynesian model.
X. Gabaix
semanticscholar +1 more source
Five Facts About the Distributional Income Effects of Monetary Policy
We document five facts about the distributional income effects of monetary policy shocks using Swedish administrative individual-level data. (i) The effects of monetary policy shocks are U shaped over the income distribution—that is, expansionary shocks ...
Niklas Amberg +3 more
semanticscholar +1 more source
Monetary Policy and Industrial Output in the BRICS Countries: A Markov-Switching Model
This paper examines whether the five BRICS countries share similar business cycles and determines the probability of any of the countries moving from a contractionary regime to an expansionary regime.
Kutu Adebayo Augustine, Ngalawa Harold
doaj +1 more source
Monetary Policy Communication: Perspectives from Former Policy Makers at the ECB
This paper reports the results of a survey of former members of the Governing Council of the European Central Bank, which sought their views on monetary policy communication practices, the related challenges and the road ahead.
Michael Ehrmann +3 more
semanticscholar +1 more source
Passing on negative interest rates
Since the ECB has lowered the interest rate on deposits into negative territory, more and more commercial banks are also passing on this negative interest rate to their customers.
Stadtmann Georg +3 more
doaj +1 more source
Measuring Nominal and Real Convergence of Selected CEE Countries by the Taylor Rule
We propose using a simple Taylor rule to evaluate business cycle convergence of the Czech Republic, Hungary, and Poland with the Eurozone. Our findings indicate an ongoing convergence of those CEE countries to the Eurozone, but with instabilities and ...
Böing Tobias +2 more
doaj +1 more source
A Model of Secular Stagnation: Theory and Quantitative Evaluation
This paper formalizes and quantifies the secular stagnation hypothesis, defined as a persistently low or negative natural rate of interest leading to a chronically binding zero lower bound (ZLB).
Gauti B. Eggertsson +2 more
semanticscholar +1 more source

