Results 111 to 120 of about 846,886 (222)

The Zero-Interest-Rate and the Role of the Exchange Rate for Monetary Policy in Japan [PDF]

open access: yes
In this paper we study the role of the exchange rate in conducting monetary policy in an economy with near-zero nominal interest rates as experienced in Japan since the mid-1990s.
Guenter Coenen, Volker Wieland
core  

Liquidity Trap in an Inflation-Targeting Framework: A Graphical Analysis [PDF]

open access: yes
This paper presents a simple New Keynesian model with alternative assumptions regarding the conduct of monetary policy. The central bank is assumed to either follow a Taylor rule or minimise a social welfare loss function.
Pavel Kapinos
core  

Bayesian model averaging in vector autoregressive processes with an investigation of stability of the US great ratios and risk of a liquidity trap in the USA, UK and Japan [PDF]

open access: yes
A Bayesian model averaging procedure is presented within the class ofvector autoregressive (VAR) processes and applied to two empirical issues.First, stability of the "Great Ratios" in U.S.
Dijk, H.K. van, Strachan, R.W.
core   +1 more source

How will COVID-19 affect an already fragile global economy? [PDF]

open access: yesInt Econ Econ Policy, 2021
Oliveira Martins J, Roeger W.
europepmc   +1 more source

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