Results 41 to 50 of about 4,260 (185)

Measuring Nominal and Real Convergence of Selected CEE Countries by the Taylor Rule

open access: yesInternational Journal of Management and Economics, 2016
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

Collateral Framework: Liquidity Premia and Multiple Equilibria

open access: yesSocial Science Research Network, 2023
Central banks normally accept debt of their own governments as collateral in liquidity operations without reservations. This gives rise to a valuable liquidity premium that reduces the cost of government finance.
Yvan Lengwiler, Athanasios Orphanides
semanticscholar   +1 more source

Topic Classification of Central Bank Monetary Policy Statements: Evidence from Latent Dirichlet Allocation in Lesotho

open access: yesActa Universitatis Sapientiae: Economics and Business, 2022
This article develops a baseline on how to analyse the statements of monetary policy from Lesotho’s Central Bank using a method of topic classification that utilizes a machine learning algorithm known as Latent Dirichlet Allocation.
Damane Moeti
doaj   +1 more source

Tasa de interés neutral y política monetaria para México, 2020-2024

open access: yesEl Trimestre Económico, 2021
Debido a la incertidumbre al respecto, en este artículo se analiza cuál podría ser la postura de política monetaria más adecuada para México: una que mantenga el objetivo de inflación sin afectar negativamente el crecimiento del producto.
Armando Sánchez Vargas   +2 more
doaj   +1 more source

Deconstructing Monetary Policy Surprises: The Role of Information Shocks

open access: yesAmerican Economic Journal: Macroeconomics, 2018
Central bank announcements simultaneously convey information about monetary policy and the central bank's assessment of the economic outlook. This paper disentangles these two components and studies their effect on the economy using a structural vector ...
Marek Jarociński, P. Karadi
semanticscholar   +1 more source

Connected Lending of Last Resort

open access: yesSocial Science Research Network, 2023
Because of secrecy, little is known about the political economy of central bank lending. Utilizing a novel, hand-collected historical daily dataset on loans to commercial banks, we analyze how personal connections matter for lending of last resort ...
K. Mitchener, E. Monnet
semanticscholar   +1 more source

Financing the low-carbon transition in Europe

open access: yesSocial Science Research Network, 2023
Using evidence from the EU emissions trading system, we collect verified emissions of close to 4000 highly polluting and mostly non-listed firms responsible for 26% of EU’s emissions.
Olimpia Carradori   +4 more
semanticscholar   +1 more source

Analysis of the Rationale behind Policies and Actions of Iranian Banking System Actors [PDF]

open access: yesتحقیقات مالی اسلامی (پیوسته), 2018
Numerous studies have been conducted about Iranian banking system and various dimensions of this phenomenon have been investigated; yet these studies have not concentrated on the rationale behind the policies and actions of those involved in the Iranian ...
Nima Lotfiforoushani   +2 more
doaj  

The Geopolitical “Puzzle” of the Central Bank’s Switch to Gold

open access: yesECONOMICS, 2023
Gold holdings increased during recent time. Geopolitical factors could be responsible for such shift taking into account rising number of conflicts in the world since 2014. However, optimal share for gold in external assets is still disputable. The paper
Koziuk Viktor
doaj   +1 more source

Does it Matter for CBDC Design? Privacy-Anonymity Preferences from the Side of Hierarchies and Egalitarian Cultural Patterns

open access: yesECONOMICS, 2022
Evolution of digital money demonstrates that CBDC (Central Bank Digital Currency means a digital form of traditional fiat currencies) design is really challenging.
Koziuk Viktor, Ivashuk Yurii
doaj   +1 more source

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