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Spillover Effects of US Monetary Policy on Emerging Markets Amidst Uncertainty [PDF]
This paper examines the impact of US monetary policy tightening on emerging markets, distinguishing between direct and indirect spillover effects using the global vector autoregression with stochastic volatility covering 32 countries. The paper demonstrates that an increase in the US interest rate significantly reduces output for emerging markets ...
arxiv +1 more source
Money Creation and Banking: Theory and Evidence [PDF]
This paper studies the role of banks' money creation in monetary transmission. I develop a monetary-search model where demand for the monetary base and the money multiplier are endogenously determined through banks' money creation. The model and data show that reserves are not independent of interest rate policy, even with ample reserves.
arxiv
Abstract This study explores the rent price ratio in agricultural land markets, crucial for evaluating market efficiency, policy needs, and farmer decision‐making. Traditionally, the analyses faced challenges due to the absence of concurrent sale and rent data for the same land, potentially leading to biased results.
Marius Michels+4 more
wiley +1 more source
Learning Dynamics in Monetary Policy: The Robustness of an Aggressive Price Stabilizing Policy [PDF]
This paper investigates the effect of an aggressive inflation stabilizing monetary policy on the ability of agents to reach a rational expectations equilibrium for inflation and output.
Wang, Miao, Wong, M. C. Sunny
core +2 more sources
Inspecting Debt Servicing Mechanism in Nigeria Using ARMAX Model of the Koyck Kind
The burden of external debt affects the wellbeing of an economy (or a country) by making the economy vulnerable to external shocks and crowding out investment.
Virtue U. Ekhosuehi, David E. Omoregie
doaj
Monetary Policy and Wealth Inequalities in Great Britain: Assessing the role of unconventional policies for a decade of household data [PDF]
This paper explores whether unconventional monetary policy operations have redistributive effects on household wealth. Drawing on household balance sheet data from the Wealth and Asset Survey, we construct monthly time series indicators on the distribution of different asset types held by British households for the period that the monetary policy ...
arxiv
ABSTRACT This study combines sensory analysis and stated preference valuation techniques to assess the monetary value of organoleptic attributes of new tomato varieties. The tomatoes evaluated included two new varieties adapted to South Texas growing conditions, a commercial check, and tomatoes imported from Mexico.
Samuel D. Zapata+3 more
wiley +1 more source
Rural Financial Information Service Platform Under Smart Financial Environment
The development and improvement of agricultural financial information service system is of great significance to the development of rural modernization, the improvement of rural comprehensive competitiveness and the construction of new socialist ...
Dai Wensheng
doaj +1 more source
ABSTRACT This study aims to explore the influence of Wine Tourism (WT) on the Sustainable Performance (SP) of wineries in Spain. It particularly investigates how Corporate Social Legitimacy (CSL) and Green Innovation (GI) may act as intermediary factors in this relationship.
Javier Martínez‐Falcó+3 more
wiley +1 more source
Despite the importance of CAP-related agricultural market regulation mechanisms within Europe, the agricultural sectors in European countries retain a degree of sensitivity to macroeconomic activity and policies. This reality now raises the question of the effects to be expected from the implementation of the single monetary policy on these ...
arxiv