Results 41 to 50 of about 4,695,897 (316)
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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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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Monetary policy report with financial stability assessment 1/21 [PDF]
, 2021 The policy rate is set by Norges Bank’s Monetary Policy and Financial Stability Committee. Policy rate decisions are normally taken at the Committee’s monetary policy meetings. The Committee holds eight monetary policy meetings per year.
core
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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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
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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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Is Monetary Policy Overburdened? [PDF]
SSRN Electronic Journal, 2013 Following the experience of the global financial crisis, central banks have been asked to undertake unprecedented responsibilities. Governments and the public appear to have high expectations that monetary policy can provide solutions to problems that do not necessarily fit in the realm of traditional monetary policy.
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Journal of Forecasting, 2022 AbstractWe analyze how trust affects the transmission of negative demand and supply shocks using a behavioral macroeconomic model. We define trust to have two dimensions: trust in the central bank's inflation target and trust in the central bank's capacity to stabilize the business cycle.
De Grauwe, Paul, Ji, Yuemei
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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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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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