Results 221 to 230 of about 516,370 (262)

Inflation and Interest Rate Policy

SSRN Electronic Journal, 2012
By making use of a dynamic model, this paper examines the effectiveness of the interest rate policy to control inflation. The model utilized in this paper considers both demand and supply side effects of interest rate. These effects are used to derive the relevant impulse response functions and welfare loss to the society associated with supply side ...
Syed Zahid Ali, Sajid Anwar
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Interest Rates and Monetary Policy

Transactions of the Faculty of Actuaries, 1962
Two centuries ago, a distinguished son of Scotland made his “Inquiry into the Nature and Cause of the Wealth of Nations”, there bringing together important business interests of actuaries and economists, and so providing justification for addressing you this evening.
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Inflation targeting and interest rate policy [PDF]

, 2001
The thesis contains a collection of papers on issues in inflation targeting and its implications for the way interest rates are set. In this respect, the first part deals with two largely positive issues: the effect of inflation forecast targeting on the term structure of interest rates and the implications of the well-established practice of interest ...
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Monetary policy and interest rates

Journal of Economic Dynamics and Control, 1993
Abstract In the eighties, U.S. interest rates have been characterized by high volatility, often related to the Fed changes in operating procedure. A semiparametric estimator for heteroskedasticity and the diagnostic provided by the bounded-influence estimator are applied to a short-term interest rate equation.
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Corporate Finance and Interest Rate Policy

Journal of Macroeconomics
I develop flexible- and sticky-price general equilibrium models that embody endogenous corporate financing decisions affecting firm value due to distortionary taxes. Nominal interest-rate variations impact the costs of debt and equity capital asymmetrically and thereby induce firms to modify the financial structure, altering the gap between the ...
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Policies with Stochastic Interest Rate

2012
In the previous chapter we looked at unit-linked policies. Based on these we will now consider policies with a technical interest rate modelled by a stochastic process, which is for example given by a stochastic differential equation.
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On interest and interest-rate policy

2023
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The Zero Interest Rate Policy [PDF]

, 2008
This paper derives a generalized optimal interest rate rule that is optimal even under a zero lower bound on nominal interest rates in an otherwise basic New Keynesian model with inflation inertia. Using this optimal rule, we investigate optimal entrance and exit strategies of the zero interest rate policy (ZIP) under the realistic model with inflation
Tomohiro Sugo, Yuki Teranishi
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Interest Rates and Macroeconomic Policy

1988
This chapter addresses four themes. The first is the way in which inappropriate monetary policy may cause unemployment. This possibility is not peculiarly Keynesian, indeed Friedman’s prescription of steady money supply growth is based on the view that this is the relevant ‘appropriate policy’ to avoid recession and unemployment.
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Zero interest rate policy

2023
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