Results 11 to 20 of about 34,851 (265)
Counter-cyclical adjustment of monetary policies and development of the real economy post the Covid-19 pandemic [PDF]
With the coronavirus kept in check, China sees an economic rebound and robust economic growth. From the angle of economics, this paper interprets China’s orientation in monetary policies post the pandemic, and the prudent monetary policies are ...
Wu Shuqin
doaj +1 more source
Monetary policies and bank lending in developing countries: evidence from Sub-Sahara Africa [PDF]
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
doaj +1 more source
On the Effectiveness of Monetary Policy and of Fiscal Policy [PDF]
There has been a major shift within macroeconomic policy over the past two decades or so in terms of the relative importancegiven in both policy and theoretical terms to monetary policy and to fiscal policy with the former gaining considerably inimportance, and the latter being rarely mentioned.
Philip Arestis, Malcolm Sawyer
openaire +3 more sources
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
doaj +1 more source
SEASONALITY AND MONETARY POLICY [PDF]
Seasonal fluctuations are as large as cyclical fluctuations. Monetary policy in the United States has dealt with seasonality by smoothing nominal rates of interest. The original motivation for this was that seasonality in nominal interest rates put recurring strain on the banking system.
Gomis-Porqueras, P., Smith, B.D.
openaire +2 more sources
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 +11 more sources
The Predictability of Monetary Policy [PDF]
Current best practice in central banking views a high level of monetary policy predictability as desirable. A clear distinction, however, has to be made between short-term and longer-term predictability. While short-term predictability can be narrowly defined as the ability of the public to anticipate monetary policy decisions correctly over short ...
Tobias Blattner +4 more
openaire +2 more sources
Measuring Monetary Policy [PDF]
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
openaire +4 more sources
Monetary policy, government control and capital investment: Evidence from China
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
doaj +1 more source
Coordination Effects and Optimal Policy Choices of Macroprudential Policy and Monetary Policy
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
doaj +1 more source

