Results 21 to 30 of about 4,978,985 (195)
Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory
, 1998 We estimate a forward-looking monetary policy reaction function for the postwar United States economy, before and after Volcker’s appointment as Fed Chairman in 1979. Our results point to substantial differences in the estimated rule across periods.
Richard Clarida, J. Gaĺı, M. Gertler
semanticscholar +1 more source
Transparency of Monetary Policy: Theory and Practice [PDF]
, 2005 Transparency has become one of the main features of monetary policymaking during the last decade. This paper establishes some stylized facts. In addition, it provides a systematic overview of the practice of monetary policy transparency around the world.
Geraats, Petra M.
core +2 more sources
Quantitative Finance and Economics, 2021 In this study, we exploit the information contained in financial innovations in precious metals for hedging the risks associated with the Asia-Pacific equities during the current pandemic.
Abdulsalam Abidemi Sikiru +1 more
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Does regional trade promote economic growth? Evidence from Economic Community of West African States (ECOWAS) [PDF]
Journal of Economics and Development, 2020 Purpose – This paper examines the impact of regional and non-regional trade on economic growth using annual data from Economic Community of West African States (ECOWAS) member countries for the period 2007 to 2017.
Agwu Sunday Okoro +3 more
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The impact of income distribution on house prices
Central Bank Review, 2019 Housing market developments have been attracting a great deal of attention in Turkey. Concerns related to supply, particularly at the higher segment of the market, lead these discussions.
M. Utku Özmen +2 more
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Domestic demand and exports: Evidence from Turkish firms
Central Bank Review, 2021 This study examines the relationship between real domestic sales and real exports for Turkish manufacturing firms. Dynamic panel data estimations based on firm-level data for the period 2004–2014 suggest that the two variables are substitutes.
Selçuk Gül
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Profitability effects of financial globalization in an emerging market banking industry: insights into Turkey [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2019 The massive financial liberalization followed by accelerating financial globalization leaded to significant structural changes in the financial sector.
Ece C. Akdoğan, Ekin Ayşe Özşuca
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Determinants of global interest in central bank digital currency: The role of sustainable development and cryptocurrency [PDF]
Digital Transformation and SocietyPurpose – This paper aims to investigate the determinants of global interest in central bank digital currency (CBDC). It assessed whether global interest in sustainable development and cryptocurrency are determinants of global interest in CBDC.
Peterson K. Ozili
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A Positive Theory of Monetary Policy in a Natural Rate Model
Journal of Political Economy, 1981 A discretionary policymaker can create surprise inflation, which may reduce employment and raise government revenue. But when people understand the policymaker's objectives, these surprises cannot occur systematically.
R. Barro, D. B. Gordon
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Appendix: Monetary Policy Drivers of Bond and Equity Risks
, 2020 How do monetary policy rules, monetary policy uncertainty, and macroeconomic shocks affect the risk properties of US Treasury bonds? The exposure of US Treasury bonds to the stock market has moved considerably over time. While it was slightly positive on
J. Campbell +2 more
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