Journal of Applied EconomicsThis paper quantifies the contributions of various shocks and policies to the dynamics of inflation in the 12 founding members of the euro area during its first 25 years.
Karsten Staehr, Olegs Tkacevs
doaj +1 more source
Impact of RBI's monetary policy announcements on government bond yields: evidence from the pandemic. [PDF]
Indian Econ Rev, 2023 Lakdawala A, Pratap B, Sengupta R.
europepmc +1 more source
Measuring the Effects of Monetary Policy in the Euro Area: The Role of Anticipated Policy [PDF]
This paper investigates within a SVAR framework the effects of anticipated monetary policy in the euro area. Building on a procedure recently proposed by Cochrane yielding the response of output to an anticipated monetary policy impulse, we show that in ...
Florian Höppner, Jan Gottschalk
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The international transmission of monetary policy in a dollar pricing model [PDF]
This paper analyses the international transmission of monetary policy in a case where all export prices are set in US dollars. ‘Dollar pricing’ implies that the international effects of US monetary shocks are different to those of European shocks because
Tervala, Juha
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Dynamics of Circular Debt in Pakistan and Its Resolution
Lahore Journal of EconomicsThis paper examines the circular debt problem in the Pakistani energy sector. After presenting the profile of the energy sector in Pakistan, the paper explains why circular debt has emerged in the sector.
Syed Sajid Ali, Sadia Badar
doaj
The Instability in the Monetary Policy Reaction Function and the Estimation of Monetary Policy Shocks [PDF]
This paper uses the conventional wisdom about the shift in the monetary policy stance in 1979 to compute monetary policy shocks by estimating different monetary policy reaction functions for the pre-1979 and post-1979 time periods. We use the information
Kishor, N. Kundan, Newiak, Monique
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On the Benefits of a Monetary Union: does it pay to be bigger? [PDF]
A two area dynamic stochastic general equilibrium model is employed to investigate the welfare implications of losing monetary independence. Two policy regimes are compared: (i) in one area there is a common currency, while in the other area countries ...
Chiara Forlati
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Analysis of the risk transmission mechanism of monetary policy in the monetary and financial service sectors from the perspective of asset-liability management. [PDF]
PLoS One, 2023 Ma X, Ji M.
europepmc +1 more source
Approximating Monetary Policy: Case Study for the ASEAN-5 [PDF]
Empirical studies on the process of monetary policy making in a number of advanced economies have shown that a simple policy reaction function (PRF) performs well in explaining the setting of monetary policy.
Arief Ramayandi
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