Results 71 to 80 of about 4,260 (185)

When is Foreign Exchange Intervention Effective? Evidence from 33 Countries

open access: yesAmerican Economic Journal: Macroeconomics, 2016
This paper examines foreign exchange intervention based on novel daily data covering 33 countries from 1995 to 2011. We find that intervention is widely used and an effective policy tool, with a success rate in excess of 80 percent under some criteria ...
Marcel Fratzscher   +4 more
semanticscholar   +1 more source

The balance-sheet of the Bank of Italy

open access: yesPSL Quarterly Review, 2014
The article describes the nature and consistency of the several items on the balance-sheet of the Bank of Italy, as they have developed in the past ten years, during which economic vicissitudes have led to important alterations in its construction. JEL:
L. MAGNANI
doaj   +1 more source

Monetary policy shocks and the signaling channel of monetary policy in China

open access: yesChina Economic Quarterly International, 2023
This paper identifies exogenous monetary policy shocks based on the high frequency transaction data of China's interest rate swap market, and explores the ‘signaling channel’ of monetary policy by investigating the transmission of different monetary ...
Zhenzhu Chen, Li Li, Changhua Yu
doaj  

Pricing the exotic: Path-dependent American options with stochastic barriers

open access: yesLatin American Journal of Central Banking, 2021
We develop a novel pricing strategy that approximates the value of an American option with exotic features through a portfolio of European options with different maturities. Among our findings, we show that: (i) our model is numerically robust in pricing
Alejandro Rojas-Bernal   +1 more
doaj  

Effect of Monetary Policy Decisions and Announcements on the Price of Cryptocurrencies: An Elastic-Net With Arima Residuals Approach

open access: yesEconomics and Culture
This study analysed the three cryptocurrencies with the largest market capitalization: Bitcoin, Ether (cryptocurrency built upon the Ethereum project's blockchain technology), and Binance coin, which account for 60% of the total cryptocurrency market ...
Peciulis Tomas, Vasiliauskaite Asta
doaj   +1 more source

Monetary policy and financial stability in emerging market economies

open access: yesLatin American Journal of Central Banking, 2020
During the 1990s and early 2000s, the consensus was that central banks had to adjust interest rates only in response to inflation and (possibly) output. Such consensus was questioned in the aftermath of the Global Financial Crisis, as well as during the ...
Martin Tobal, Lorenzo Menna
doaj  

Foreign exchange interventions and monetary policy: evidence from emerging economies

open access: yesReview of Economic Perspectives
The role of foreign exchange interventions in monetary policy conduct is an ongoing debatable issue, especially in inflation-targeting emerging economies, where monetary authority can follow other targets rather than price stability.
Bui Trung Thanh
doaj   +1 more source

Peptide immunotherapy for aeroallergens. [PDF]

open access: yesAllergy Asthma Proc, 2023
Midoro-Horiuti T, Schein CH.
europepmc   +1 more source

The case for cash

open access: yesLatin American Journal of Central Banking, 2020
Cash is an extremely useful social contrivance. Kenneth Rogoff, who calls for phasing-out high denomination cash over time, recently discussed two possible drawbacks of high-denomination cash: the extensive use of high-denomination cash in crime and in ...
James J. McAndrews
doaj  

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