Results 71 to 80 of about 4,978,985 (195)

The identification of the response of interest rates to monetary policy actions using market-based measures of monetary policy shocks [PDF]

It is common practice to estimate the response of asset prices to monetary policy actions using market-based measures of monetary policy shocks, such as the federal funds futures rate.
Daniel L. Thornton
core  

Using an evolving criterion to assess the Federal Reserve's behaviour in recent years

PSL Quarterly Review, 2012
The aim of this paper is to analyse the behaviour of the Federal Reserve in the Greenspan era by using recently developed neuro-fuzzy techniques. Such models require the operation assumptions concerning the conduct of monetary policy to be set in the ...
Davide Ferrari, Antonio Ribba
doaj   +1 more source

Monetary policy document analysis for prediction of monetary policy board decision. [PDF]

Heliyon, 2023
Kim M, Cho S.
europepmc   +1 more source

Estimating time-varying potential output and NAIRU using a multivariate filter for Türkiye

Central Bank Review
This paper extends the multivariate filter approach for estimating potential output and NAIRU developed for Türkiye by integrating the capacity utilization block into the model.
Mert Gökcü
doaj   +1 more source

A Capital Structure Channel of Monetary Policy

Journal of Financial Economics, 2018
We study the transmission channels from central banks’ quantitative easing programs via the banking sector when central banks start purchasing corporate bonds. We find evidence consistent with a “capital structure channel” of monetary policy.
Benjamin Grosse-Rueschkamp, Sascha Steffen, D. Streitz   +2 more
semanticscholar   +1 more source

The Instability in the Monetary Policy Reaction Function and the Estimation of Monetary Policy Shocks [PDF]

This paper uses the conventional wisdom about the shift in the monetary policy stance in 1979 to compute monetary policy shocks by estimating different monetary policy reaction functions for the pre-1979 and post-1979 time periods. We use the information
Kishor, N. Kundan, Newiak, Monique
core   +1 more source

Monetary policy rules and the persistence of inflation and output [PDF]

, 2002
This paper argues that the parameters of monetary policy rules affect the persistence of inflation and output. Persistence is lower if monetary policy emphasises the price level or if there is an inflation target. A greater emphasis on output increases
Bratsiotis, GJ, Martin, C
core  

The international transmission of monetary policy in a dollar pricing model [PDF]

This paper analyses the international transmission of monetary policy in a case where all export prices are set in US dollars. ‘Dollar pricing’ implies that the international effects of US monetary shocks are different to those of European shocks because
Tervala, Juha
core  

The Euro Zone Eastern Enlargement: Challanges to Current Members and the ECB [PDF]

Romanian Journal of European Affairs, 2006
The eastward enlargement of the euro area entails significant implications both for acceding countries and for the current euro area member States or for the European Central Bank.
Mihai Sebea
doaj  

Monetary conservatism and fiscal policy [PDF]

Does an inflation conservative central bank à la Rogoff (1985) remain desirable in a setting with endogenous fiscal policy? To provide an answer we study monetary and fiscal policy games without commitment in a dynamic stochastic sticky price economy ...
Klaus Adam, Roberto M. Billi
core