Results 31 to 40 of about 1,004,929 (331)
Monetary Policy and Unemployment [PDF]
Much recent research has focused on the development and analysis of extensions of the New Keynesian framework that model labor market frictions and unemployment explicitly. The present paper describes some of the essential ingredients and properties of those models, and their implications for monetary policy.
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Loan Supply Shocks in Macedonia: A Bayesian SVAR Approach with Sign Restrictions
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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Profitability effects of financial globalization in an emerging market banking industry: insights into Turkey [PDF]
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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Evaluating Monetary Policy [PDF]
Evaluating inflation-targeting monetary policy is more complicated than checking whether inflation has been on target, because inflation control is imperfect and flexible inflation targeting means that deviations from target may be deliberate in order to stabilize the real economy.
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The Effectiveness of Monetary Policy [PDF]
The analysis addresses changing views of the role and effectiveness of monetary policy, inflation targeting as an effective monetary policy, monetary policy and short-run (output) stabilization, and problems in implementing a short-run stabilization policy.
Marcela M. Williams+2 more
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Choosing the European fiscal rule
In order to quantitatively assess the potential effects from the ongoing transformation of the fiscal framework of the European Union, we evaluate the economic and public finance stabilization properties of two benchmark fiscal rules using a New ...
Ginters Bušs+2 more
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Does regional trade promote economic growth? Evidence from Economic Community of West African States (ECOWAS) [PDF]
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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Sophisticated Monetary Policies [PDF]
In standard monetary policy approaches, interest-rate rules often produce indeterminacy. A sophisticated policy approach does not. Sophisticated policies depend on the history of private actions, government policies, and exogenous events and can differ on and off the equilibrium path.
Andrew Atkeson+2 more
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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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Chinese Monetary Policy and the Dollar Peg [PDF]
This paper investigates to what extent Chinese monetary policy is constrained by the dollar peg. To this end, we use a cointegration framework to examine whether Chinese interest rates are driven by the Fed's policy.
Reade, J. James, Volz, Ulrich
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