Results 1 to 10 of about 5,231,301 (303)
Greening Monetary Policy [PDF]
SSRN Electronic Journal, 2018 While there is increasing interest in decarbonizing or greening monetary policy, central banks are keen to maintain market neutrality. However, there is evidence that the market has a bias towards carbon-intensive companies. The paper develops a method to tilt the European Central Bank’s (ECB) asset and collateral framework towards low-carbon assets ...
D. Schoenmaker
openaire +6 more sources
The Companion lays out a comprehensive history of the field and, in five additional parts, it explores public choice contributions to the study of the origins of the state, the organization of political activity, the analysis of decision-making in non-market institutions, the examination of tribal governance and to modeling and predicting the behavior ...
Leland B. Yeager, Steve H. Hanke
core +13 more sources
SSRN Electronic Journal, 2000 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 ...
Aubhik Khan +2 more
openaire +7 more sources
Monetary Policy Uncertainty and Monetary Policy Surprises [PDF]
Finance and Economics Discussion Series, 2020 Monetary policy uncertainty affects the transmission of monetary policy shocks to longer-term nominal and real yields. For a given monetary policy shock, the reaction of yields is more pronounced when the level of monetary policy uncertainty is low.
Michiel De Pooter +3 more
openaire +1 more source
The effectiveness of tax incentives to encourage private savings
Baltic Journal of Economics, 2022 This study examines the impact of tax incentives for long-term savings on total private savings using data for Latvia contained in HFCS 2014 and 2017.
Ludmila Fadejeva, Olegs Tkacevs
doaj +1 more source
Can Food Inflation Be Stabilized By Monetary Policy? A Quantile Regression Approach
Journal of economic impact, 2022 Theoretically, a consistent and well-defined monetary policy can stabilize food inflation. However, empirical findings have reported both positive and negative effects of monetary policy measures on food inflation.
Choudary Ihtasham Ali +5 more
semanticscholar +1 more source
Risk Appetite and the Risk-Taking Channel of Monetary Policy
Journal of Economic Perspectives, 2023 Monetary policy affects financial markets and the broader economy in part by changing the risk appetite of investors. This article provides new evidence for this so-called risk-taking channel of monetary policy by revisiting and extending event-study ...
M. Bauer, B. Bernanke, Eric Milstein
semanticscholar +1 more source
A Reassessment of Monetary Policy Surprises and High-Frequency Identification
NBER macroeconomics annual, 2022 High-frequency changes in interest rates around FOMC announcements are an important tool for identifying the effects of monetary policy on asset prices and the macroeconomy.
M. Bauer, Eric T. Swanson
semanticscholar +1 more source
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
openaire +1 more source
Monetary and fiscal policy mix in a small open economy: Evidence from Nigeria
Scientific African, 2020 In this article we employed structural vector auto-regressive (SVAR) model to assess the degree of coordination between monetary and fiscal policy and how such coordination has helped to attain common policy goals of macroeconomic stability in Nigeria ...
Moses Kpughur Tule +2 more
doaj +1 more source