Results 11 to 20 of about 4,978,985 (195)

Does the inverted U-shape between corporate indebtedness and investment hold up for emerging markets? Evidence from Türkiye

open access: yesBorsa Istanbul Review, 2023
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
doaj   +1 more source

Import Content of Turkish Production and Exports: A sectoral analysis11 The views expressed in this paper are only those of the authors and should not be interpreted as reflecting the views of the Central Bank of the Republic of Turkey or its staff.

open access: yesCentral Bank Review, 2020
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]

open access: yesZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2019
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
doaj   +1 more source

How Inflation is a Policy Nowadays

open access: yesTransylvanian Review of Administrative Sciences, 2023
After World War II, democracies witnessed transformations that were and are much more lenient vis-à-vis the rise in inflation. The main institutional changes that have occurred gradually ever since and can combine nowadays to fuel inflation refer to (i ...
Lucian Croitoru
doaj   +1 more source

The New Tools of Monetary Policy

open access: yes, 2020
To overcome the limits on traditional monetary policy imposed by the effective lower bound on short-term interest rates, in recent years the Federal Reserve and other advanced-economy central banks have deployed new policy tools.
B. Bernanke
semanticscholar   +1 more source

New York FED Staff Nowcasts and Reality: What Can We Learn about the Future, the Present, and the Past?

open access: yesEconometrics, 2021
We assess the forecasting performance of the nowcasting model developed at the New York FED. We show that the observation regarding a striking difference in the model’s predictive ability across business cycle phases made earlier in the literature also ...
Boriss Siliverstovs
doaj   +1 more source

Responses of Swiss interest rates and stock prices to ECB policy surprises

open access: yesSwiss Journal of Economics and Statistics, 2023
We employ local projections to analyse the responses of Swiss asset prices to scheduled policy decisions of the European Central Bank (ECB) as a case study of ECB policy spillovers to European countries outside the euro area.
Diego M. Hager, Thomas Nitschka
doaj   +1 more source

The Science of Monetary Policy: A New Keynesian Perspective

open access: yes, 1999
This paper reviews the recent literature on monetary policy rules. We exploit the monetary policy design problem within a simple baseline theoretical framework. We then consider the implications of adding various real world complications.
Richard Clarida, J. Gaĺı, M. Gertler
semanticscholar   +1 more source

CENTRAL BANK TRANSPARENCY AND EVALUATION OF MONETARY POLICY COMMUNACATIONS

open access: yesВісник Київського національного університету імені Тараса Шевченка. Серія Економіка, 2018
The article reveals approaches to evaluate transparency of the central banks and, operating indices, measures it for the National bank of Ukraine. The quantitative analysis of the informational disclosure of the central banks of Ukraine, Czech Republic ...
V. Romanchukevych, O. Lymanska
doaj   +1 more source

Country-level effects of the ECB's expanded asset purchase programme

open access: yesBaltic Journal of Economics, 2020
This paper evaluates the macroeconomic effects of the European Central Bank's (ECB) Expanded asset purchase programme (APP) on Latvia and other euro area jurisdictions and investigates the cross-border transmission mechanism.
Andrejs Zlobins
doaj   +1 more source

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