Results 11 to 20 of about 1,023,816 (356)
Monetary growth and monetary policy
PSL Quarterly Review, 2013 The present paper describes the patterns of monetary growth observed in the recent past and traces the role of the monetary authorities and of other factors in the process.
K. BRUNNER
doaj +3 more sources
Monetary Policy and Inequality [PDF]
SSRN Electronic Journal, 2022 ABSTRACTWe analyze the distributional effects of monetary policy on income, wealth, and consumption. We use administrative household‐level data covering the entire population in Denmark over the period 1987 to 2014 and exploit a long‐standing currency peg as a source of exogenous variation in monetary policy.
Andersen, AL +3 more
openaire +7 more sources
Monetary Policy Uncertainty and Monetary Policy Surprises [PDF]
Finance and Economics Discussion Series, 2020 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
openaire +2 more sources
Mortgages and Monetary Policy [PDF]
SSRN Electronic Journal, 2013 Mortgages are long-term nominal loans. Under incomplete asset markets, monetary policy is shown to affect housing investment and the economy through the cost of new mortgage borrowing and the value of payments on outstanding debt. These channels, distinct from traditional transmission of monetary policy, are evaluated within a general equilibrium model.
Carlos Garriga +2 more
openaire +13 more sources
SSRN Electronic Journal, 2000 Optimal monetary policy maximizes the welfare of a representative agent, given frictions in the economic environment. Constructing a model with two sets of frictions-costly price adjustment by imperfectly competitive firms and costly exchange of wealth for goods-we find optimal monetary policy is governed by two familiar principles.
Alexander L. Wolman +4 more
openaire +6 more sources
Economic feasibility of fish cage culture in Lake Victoria, Kenya
Aquaculture, Fish and Fisheries, Volume 2, Issue 6, Page 484-492, December 2022., 2022 The study analyzed the economic viability of cage fish culture in Lake Victoria, Kenya through analysis of input‐output relationship and profitability. The study revealed that cage fish farming in the lake is profitable and worthwhile. Abstract Fish cage culture has rapidly grown throughout Lake Victoria's shores, with Nile tilapia (Oreochromis ...
Kevin Obiero +3 more
wiley +1 more source
Communication and Monetary Policy [PDF]
Oxford Review of Economic Policy, 2002 Recent trends toward greater central bank independence and the adoption of formal inflation targeting by several countries have served to emphasize the importance of communication policy. In this paper, we explore some of the economic effects of public information that arise whenever public information serves the dual role of conveying fundamental ...
Jeffrey D. Amado +2 more
openaire +6 more sources
Sales and Monetary Policy [PDF]
American Economic Review, 2011 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
Greening Monetary Policy [PDF]
SSRN Electronic Journal, 2018 While there is increasing interest in decarbonizing or greening monetary policy, central banks are keen to maintain market neutrality. However, there is evidence that the market has a bias towards carbon-intensive companies. The paper develops a method to tilt the European Central Bank’s (ECB) asset and collateral framework towards low-carbon assets ...
Dirk Schoenmaker +2 more
openaire +7 more sources
Asymmetries in monetary policy
European Economic Review, 2021 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
Pierpaolo Benigno +2 more
openaire +4 more sources