Results 21 to 30 of about 52,849 (269)
Monetary and Macroprudential Policies [PDF]
SSRN Electronic Journal, 2011 We use a dynamic general equilibrium model featuring a banking sector to assess the interaction between a countercyclical macroprudential policy and monetary policy. We find that in “normal” times (when the economic cycle is mainly driven by supply shocks) macroprudential policy generates only modest benefits relative to a “monetary policy-only” world.
Angelini, Paolo +2 more
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Econometrics, 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
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CENTRAL BANK TRANSPARENCY AND EVALUATION OF MONETARY POLICY COMMUNACATIONS
Вісник 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
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How Inflation is a Policy Nowadays
Transylvanian 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
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Monetary Policy And Not Monetary Control: A Rethinking [PDF]
Journal of Applied Business Research (JABR), 2011 The view that prediction is the only important concern when policy is to be developed has led to the strict adherence to a money supply rule via the Quantity Theory of Money with its debilitating consequences. The monetarists place the emphasis on the level of the money supply in the determination of price level changes and monetary control is ...
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Country-level effects of the ECB's expanded asset purchase programme
Baltic 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
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Responses of Swiss interest rates and stock prices to ECB policy surprises
Swiss 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
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Loan Supply Shocks in Macedonia: A Bayesian SVAR Approach with Sign Restrictions
Croatian Economic Survey, 2016 This paper analyzes the effects of loan supply, as well as aggregate demand,aggregate supply and monetary policy shocks between 1998 and 2014 in Macedonia using a structural vector autoregression model with sign restrictions and Bayesian estimation.
Rilind Kabashi, Katerina Suleva
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COMMODITY PRICE AND INFLATION DYNAMICS: EVIDENCE FROM BRIICS
Buletin Ekonomi Moneter dan Perbankan, 2021 In this study, we use a commodity augmented Phillips curve to investigate the impact of global commodity prices on domestic inflation in Brazil, Russia, India, Indonesia, China, and South Africa.
Syed Aun R. Rizvi, Sahminan Sahminan
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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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