Results 11 to 20 of about 1,040,660 (361)
The Effectiveness of Monetary Policy [PDF]
The analysis addresses changing views of the role and effectiveness of monetary policy, inflation targeting as an effective monetary policy, monetary policy and short-run (output) stabilization, and problems in implementing a short-run stabilization policy.
Marcela M. Williams+2 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
doaj +1 more source
Sales and Monetary Policy [PDF]
A striking fact about pricing is the prevalence of “sales”: large temporary price cuts followed by prices returning to exactly their former levels. This paper builds a macroeconomic model with a rationale for sales based on firms facing customers with different price sensitivities. Even if firms can adjust sales without cost, monetary policy has large
Bernardo Guimaraes, Kevin D. Sheedy
openaire +5 more sources
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
doaj +1 more source
Exchange rate pass-through into inflation in Vietnam: evidence from VAR model [PDF]
Purpose – The purpose of this paper is to examine and analyze the exchange rate pass-through into inflation (ERPT) in Vietnam. Design/methodology/approach – The paper examines and analyzes the ERPT in Vietnam by applying vector autoregression model over ...
Van Anh Pham
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Impacts of the monetary policy on the exchange rate: case study of Vietnam [PDF]
Purpose – The purpose of this paper is to evaluate and analyze impacts of the monetary policy (MP) – money aggregate and interest rate – on the exchange rate in Vietnam.
Van Anh Pham
doaj +1 more source
Economic policy uncertainty and the ECOWAS exchange rate mechanism
This study examines the nexus between economic policy uncertainty and real exchange rates of ECOWAS countries to observe the countries’ responses to external shocks and explore the potential success of exchange rate mechanism (ERM) in the West African ...
Sikiru A. Abdulsalam, Samuel F. Onipede
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This study investigates the evolution of the import content of production and exports in Turkey for the 2002–2018 period. Based on 2002 and 2012 input-output tables and a large data set of production and foreign trade, we estimate the production and ...
Yasemin Erduman, Okan Eren, Selçuk Gül
doaj +1 more source
Forward-looking component in consumers’expectations and inflation forecast targeting: the case of six European economies [PDF]
Since there are different ways of revealing central banks’ intentions, a simple research question, which we address in this study, arises. Is the forward-looking (FL) component of consumers’ expectations related to the way in which the forecast is ...
Magdalena Szyszko , Aleksandra Rutkowska
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While corporate indebtedness has increased substantially in emerging countries over the last decade, the literature on the negative consequences of this large build-up of debt on real consequences is very limited.
İbrahim Yarba
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