Results 31 to 40 of about 74,505 (45)

Transmission of Monetary Policy Shocks to Inflation in India: An Empirical Investigation of Different Channels

Arthaniti-Journal of Economic Theory and Practice
This article attempts to study the significance of various channels in the transmission of monetary policy measures to inflation in the Indian economy. With the help of structural vector autoregression (SVAR) models, we find that interest rate and credit
Lokendra Kumawat
semanticscholar   +1 more source

The High-Frequency Effects of Dollar Swap Lines

American Economic Review: Insights
We study the effects of dollar swap lines using high-frequency responses in asset prices around policy announcements. News about expanded dollar swap lines causes a reduction in liquidity premia, compression of deviations from covered interest parity ...
Rohan Kekre, Moritz Lenel
semanticscholar   +1 more source

Does Debt Overhang Impound Market Discipline: A Study of Bank Risk-taking Using a Natural Experiment

Journal of Emerging Market Finance
Starting 2015, the Indian banking regulator conducted clean-up exercise of banks’ balance sheets—aka asset quality review (AQR). This clean-up drive came along with a divergence disclosure, which captures the deviation in asset quality between the ...
Soumik Bhusan, Prasenjit Chakrabarti
semanticscholar   +1 more source

TONE, TIMING, AND TURMOIL: HOW FOMC STATEMENTS AFFECTED THE STOCK MARKET DURING THE COVID-19 PANDEMIC

European Journal of Economic and Financial Research
This study examines how the Federal Open Market Committee (FOMC) statement tone influenced short-term stock price movements during the COVID-19 pandemic.
Danny Jang
semanticscholar   +1 more source

Reserve Bank of India @ 90

Prajnan: Journal of Banking and Financial Management
On the eve of the 90th anniversary of the Reserve Bank of India, this article sheds light on its journey, key milestones and contributions. The Reserve Bank of India followed a unique and sustainable path for building the national economy on strong ...
Ashutosh Raravikar
semanticscholar   +1 more source

Learning-through-Survey in Inflation Expectations

Social Science Research Network, 2020
When surveys rely on repeat participants, this raises the possibility that survey participation may affect future responses, perhaps by prompting information acquisition between survey waves. We show that these “learning-through-survey” effects are large
Gwang-yol Kim, C. Binder
semanticscholar   +1 more source

Global Constraints on Monetary Policy: Can Developing Countries Avoid the Dilemma? The Case of Türkiye and Bolivia

The Review of Radical Political Economics
This article explores the relatively unorthodox monetary experiments undertaken by Türkiye and Bolivia. Both countries pursued unorthodox monetary policy approaches under distinct institutional, political, and initial conditions, albeit in different ...
Hasan Cömert, Raul Zelada Aprili
semanticscholar   +1 more source

The Macroeconomic Impact of the ECB's Expanded Asset Purchase Programme (APP)

Social Science Research Network, 2017
This paper provides empirical evidence on the macroeconomic impact of the expanded asset purchase programme APP) announced by the European Central Bank (ECB) in January 2015.
Luca Gambetti, Alberto Musso
semanticscholar   +1 more source

The Role of Central Bank Narratives in Economic Performance: Evidence from Armenia

South Asian Journal of Macroeconomics and Public Finance
This article examines the role of the Central Bank of Armenia’s (CBA’s) communication strategy within the context of Armenia’s economic trajectory. By analysing key speeches delivered between 2003 and 2023, this study highlights the interplay between the
Sergey Avetisyan
semanticscholar   +1 more source

Stress Test and Credible Information Disclosure

The Review of Corporate Finance Studies
We model credibility challenges financial regulators often face when disclosing bank stress test results. Since disclosures influence banks’ risk-taking and depositors’ withdrawal decisions, regulators may have incentives to misreport.
Arpit Kumar Parija
semanticscholar   +1 more source