Results 31 to 40 of about 1,455,720 (340)
Mortgages and Monetary Policy [PDF]
Mortgages are long-term nominal loans. Under incomplete asset markets, monetary policy is shown to affect housing investment and the economy through the cost of new mortgage borrowing and the value of payments on outstanding debt. These channels, distinct from traditional transmission of monetary policy, are evaluated within a general equilibrium model.
Carlos Garriga+2 more
openaire +13 more sources
Optimal policy and Taylor rule cross-checking under parameter uncertainty : [Version 26 September 2013] [PDF]
We examine whether the robustifying nature of Taylor rule cross-checking under model uncertainty carries over to the case of parameter uncertainty. Adjusting monetary policy based on this kind of cross-checking can improve the outcome for the monetary ...
Bursian, Dirk, Roth, Markus
core +2 more sources
Macroeconomic indicators and yield curve of Indonesian government bond
Purposes – Indonesian government bond (known as SUN) plays an essential role in financing sustainable development in Indonesia and is a fixed income investment vehicle that attracts foreign investors.
Perdana Wahyu Santosa
doaj +1 more source
Monetary growth and monetary policy
The present paper describes the patterns of monetary growth observed in the recent past and traces the role of the monetary authorities and of other factors in the process. This discussion of actual and emerging patterns is followed by an investigation of the role of non-member banks in the money supply process and the Federal Reserve’s proposal for ...
openaire +3 more sources
Inflation targeting as a monetary policy rule [PDF]
The purpose of the paper is to survey and discuss inflation targeting in the context of monetary policy rules. The paper provides a general conceptual discussion of monetary policy rules, attempts to clarify the essential characteristics of inflation ...
Svensson, Lars E. O.
core +6 more sources
Bridging the gap: Multi‐stakeholder perspectives of molecular diagnostics in oncology
Although molecular diagnostics is transforming cancer care, implementing novel technologies remains challenging. This study identifies unmet needs and technology requirements through a two‐step stakeholder involvement. Liquid biopsies for monitoring applications and predictive biomarker testing emerge as key unmet needs. Technology requirements vary by
Jorine Arnouts+8 more
wiley +1 more source
Monetary Systems and Monetary Theory
The evolution of monetary arrangements is analyzed from a theoretical perspective showing that, together with technology, the theory of money is an essential factor in the development of monetary institutions. The diffusion of non-tangible payment media will impinge on the monetary system, possibly allowing for the reestablishment of some of the ...
openaire +2 more sources
Summary: Optimal monetary policy maximizes the welfare of a representative agent, given frictions in the economic environment. Constructing a model with two sets of frictions --- costly price adjustment by imperfectly competitive firms and costly exchange of wealth for goods --- we find optimal monetary policy is governed by two familiar principles ...
Alexander L. Wolman+4 more
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Objective We estimated the real‐world cost‐effectiveness of a standardized education and exercise therapy program (GLA:D) compared to usual care (UC) for people managing hip and/or knee osteoarthritis (HKOA). Methods We used a prospective matched cohort design to recruit people (aged >45 years) diagnosed with HKOA who used GLA:D or UC (not on a ...
Darren R. Mazzei+4 more
wiley +1 more source
On Monetary and Non-Monetary Interventions to Combat Corruption [PDF]
Abstract We study the relative effectiveness of extrinsic monetary disincentives and intrinsic non-monetary disincentives to corruption, using a harassment bribery game. In doing so, we also test the Beckerian prediction that at the same level of expected payoff, a low probability of detection with high fine is a stronger deterrent to corruption than
Ritwik Banerjee, Arnab Mitra
openaire +5 more sources