Results 11 to 20 of about 52,849 (269)
Mortgages and Monetary Policy [PDF]
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 +11 more sources
One of the Government programs to spur economic growth is to improve the availability and quality of infrastructure through increased government spending on infrastructure development.
Sahminan Sahminan +3 more
doaj +1 more source
The Predictability of Monetary Policy [PDF]
Current best practice in central banking views a high level of monetary policy predictability as desirable. A clear distinction, however, has to be made between short-term and longer-term predictability. While short-term predictability can be narrowly defined as the ability of the public to anticipate monetary policy decisions correctly over short ...
Tobias Blattner +4 more
openaire +2 more sources
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
doaj +1 more source
Measuring Monetary Policy [PDF]
Abstract: Extending the approach of Bernanke and Blinder (1992), Strongin (1992), and Christiano, Eichenbaum, and Evans (1994a, 1994b), we develop and apply a VAR-based methodology for measuring the stance of monetary policy. More specifically, we develop a "semi-structural" VAR approach, which extracts information about monetary policy from data on ...
Bernanke, Ben S., Mihov, Ilian
openaire +4 more sources
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
doaj +1 more source
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
doaj +1 more source
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

