Results 1 to 10 of about 52,750 (170)
Asymmetries in monetary policy [PDF]
Abstract Nonlinearities embedded in the standard New-Keynesian model show that a welfare-maximizing policymaker should behave in line with a contractionary bias, fearing more expansions in output and inflation rather than contractions. On the contrary, the aggregate-supply equation implies that any upward pressure coming from real marginal costs does
Benigno, P., Rossi, L.
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Monetary Policy Uncertainty and Monetary Policy Surprises [PDF]
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
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The effectiveness of tax incentives to encourage private savings
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
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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
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Monetary and fiscal policy mix in a small open economy: Evidence from Nigeria
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
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The Influence of the Digital Economy on the Development of the Leasing Operations
In this article the specific features of the started digitalization of the leasing operations and the restraining reasons of the digitalization in this market are considered, the directions of the using of the digital technologies in the large leasing ...
A. B. Bass
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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.
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QUARTERLY OUTLOOK ON MONETARY, BANKING, AND PAYMENT SYSTEM IN INDONESIA: QUARTER II, 2016
The growth of Indonesian economy on Quarter II, 2016 increased with a well-maintained financial system and macroeconomic stability. Though the growth was not uniform across sectors, the aggregate growth has increased during this quarter, supported by ...
TM Arief Machmud +6 more
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This study examines the spillover effects of U.S. monetary policy normalization on Nigeria 10-Year Treasury bond yield between 2011 and 2017, using the vector error correction model approach.
Kpughur Moses Tule +5 more
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Credit growth and current account balance
In this paper, we investigate the relationship between different loan types and the current account balance along with its sub-components. Our empirical results suggest that a rise in total loans inevitably leads to a deterioration in the current account
Aysu Çelgin, Okan Eren, Pınar Özlü
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