Results 11 to 20 of about 722,800 (284)
Monetary Policy Uncertainty [PDF]
International Finance Discussion Papers, 2017 We construct new measures of uncertainty about Federal Reserve policy actions and their consequences - monetary policy uncertainty (MPU) indexes. We show that, under a variety of VAR identification schemes, positive shocks to uncertainty about monetary policy robustly raise credit spreads and reduce output.
Lucas Husted, John Rogers, Bo Sun
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Heliyon, 2023 Using a novel panel data set we study the influence of monetary and macro-prudential policies on non-performing loans as a measure of credit risk in Indonesian banking industry from Q1 2010 to Q4 2022.
Cep Jandi Anwar +5 more
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Monetary policies and bank lending in developing countries: evidence from Sub-Sahara Africa [PDF]
Journal of Economics and Development, 2022 Purpose – The purpose of this paper is to examine monetary policies and bank lending in the emerging economies of Sub-Sahara Africa. Design/methodology/approach – The dynamic system-generalized method of moments (GMM) that overcomes issues of unobserved ...
Kennedy Prince Modugu, Juan Dempere
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Measuring Monetary Policy [PDF]
The Quarterly Journal of Economics, 1995 Abstract: Extending the approach of Bernanke and Blinder (1992), Strongin (1992), and Christiano, Eichenbaum, and Evans (1994a, 1994b), we develop and apply a VAR-based methodology for measuring the stance of monetary policy. More specifically, we develop a "semi-structural" VAR approach, which extracts information about monetary policy from data on ...
Bernanke, Ben S., Mihov, Ilian
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Monetary policy, government control and capital investment: Evidence from China
China Journal of Accounting Research, 2018 This study examines how the relationships between local governments and local enterprises moderate the effect of targeted monetary policies through different action-propagating mechanisms.
Jing Zhao, Xiao Chen, Ying Hao
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Perceptions about Monetary Policy
SSRN Electronic Journal, 2022 We estimate perceptions about the Federal Reserve’s monetary policy rule from panel data on professional forecasts of interest rates and macroeconomic conditions. The perceived dependence of the federal funds rate on economic conditions varies substantially over time, including over the monetary policy cycle.
Michael D. Bauer +2 more
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Coordination Effects and Optimal Policy Choices of Macroprudential Policy and Monetary Policy
Complexity, 2020 Considering three monetary policy rules, together with two endogenous macroprudential policies that are credit constraints (loan to value, LTV) for households and counter-cyclical capital (capital requirement ratio, CRR) for bankers, this paper ...
Haifeng Pan, Dingsheng Zhang
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Growing discoordination between monetary and fiscal policies in Ukraine [PDF]
Banks and Bank Systems, 2019 The slowdown in economic development caused by the reduction in the efficiency of the functioning of state institutions determined the focus of the governments of most countries of the world on achieving sustainable economic growth, as well as ensuring ...
Svitlana Mishchenko +4 more
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Monetary policy spillovers in a fragmented world: the role of geopolitical risk pre- and post-COVID-19 pandemic [PDF]
Journal of Economics and DevelopmentPurpose – This paper investigates the influence of geopolitical risks on the dynamic spillover of monetary policies among the United States, Canada, Australia, New Zealand, Japan and Switzerland from 1995 to 2023.
Anh Tram Luong +2 more
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Sophisticated Monetary Policies [PDF]
Quarterly Journal of Economics, 2008 In standard monetary policy approaches, interest-rate rules often produce indeterminacy. A sophisticated policy approach does not. Sophisticated policies depend on the history of private actions, government policies, and exogenous events and can differ on and off the equilibrium path.
Andrew Atkeson +2 more
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