Results 11 to 20 of about 194,555 (166)
Forward Guidance and Corporate Lending [PDF]
Abstract We suggest that forward guidance, via publicly committing the central bank to future actions and creating associated expectations, fundamentally affects bank lending decisions independently of other forms of monetary policy. To test this hypothesis, we build a forward guidance measure based on the language used in the Federal ...
Delis, M. D. +3 more
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We assess the power of forward guidance — promises about future interest rates — as a monetary tool in a liquidity trap using a quantitative incomplete-markets model. Our results suggest the effects of forward guidance are negligible. A commitment to keep future nominal interest rates low for a few quarters—although macro indicators suggest otherwise ...
Hagedorn, Marcus +3 more
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Research on 5G Fronthaul Bearer Scheme under Co-construction and Sharing Mode
This paper briefly introduces the technical architecture of the 5th Generation Mobile Communication (5G) forward transmission network, analyzes the 5G forward transmission requirement under the 5G co-construction of China Telecom and China Unicom, and ...
Guo-xin ZHANG, Ke-xin WEI, Xian-hu WEI
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Research on Guidance Mechanism of Internet Public Opinion Based on Cellular Automaton Model [PDF]
In order to explore the evolution law and guidance effect of Internet public opinion,a public opinion guidance mechanism based on Cellular Automaton(CA) model is proposed using the quantitative analysis method.This paper defines some subject attributes ...
MAO Qianren,WANG Chaobin,BAO Xiao’an,LI Yanmei
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Forward guidance jako narzędzie polityki pieniężnej w sytuacji stopy procentowej zbliżonej do zera
Ostatni kryzys finansowy oprócz negatywnych skutków gospodarczych przyniósł także liczne zmiany instytucjonalne. Nie ominęły one również niezwykle istotnej części polityki finansowej państwa, jaką jest polityka pieniężna.
Radosław Ślusarczyk
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Epidural anesthesia requires injection of anesthetic into the epidural space in the spine. Accurate placement of the epidural needle is a major challenge.
Chen Wang +12 more
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In the present article effectiveness and potential risks of recently implemented non-conventional monetary policy measures by the Eurosystem are discussed.
Armin Rohde
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Forward guidance about future policy settings, in the form of a published policy-rate path, has for many years been a natural part of normal monetary policy for several central banks, including the Reserve Bank of New Zealand and the Swedish Riksbank. More recently, the Federal Reserve has started to publish FOMC participants’ policy-rate projections ...
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Does Forward Guidance Matter in Small Open Economies? Examples from Europe
The effect of forward guidance on interest rate expectations in small, open economies is often described as heterogeneous. There are examples when financial markets adjusted term structure to reflect interest rate forecasts provided in the projections ...
Jakub Rybacki
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Adaptive Sliding Mode Guidance With Impact Time and Angle Constraints
Based on adaptive sliding mode control method, this paper considers the interception problem to deal with both impact time and angle constraints. The stability and convergence characteristic of proposed guidance law are analyzed.
Xiaodong Liu, Guofei Li
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