Results 91 to 100 of about 5,604,864 (267)
THE OBJECTIVES OF MONETARY POLICY AND THE CENTRAL BANKS’ ACTIVITY
This article deals with the revision of the main targets of monetary policy. Monetary instruments of regulation become main factors that influence on the economic entities and ensure conditions for their investment and economic activity.
Е. Князева +2 more
doaj
Central banking and financial innovation. A survey of the modern literature
We review the literature regarding the impact of financial innovation on the monetary transmission mechanism and on the way the central bank can achieve its ultimate goal, that is to control the price level.
Jan Marc Berk
doaj +1 more source
Recent Developments in Monetary Policy [PDF]
In the fifteen years leading up to the financial crisis in 2008, there emerged a great deal of agreement on the optimal design of monetary policy. This policy ‘consensus’ was accompanied also by a widely-shared view of how macroeconomies worked as the ...
Peter Howells +1 more
core
Monetary Policy Report 1/20 [PDF]
At an extraordinary monetary policy meeting on Thursday, 12 March, analyses of the Norwegian and international economy were presented to Norges Bank’s Monetary Policy and Financial Stability Committee.
core
Accounting for animal health in efficiency analysis: An application to Swedish dairy farms
Abstract Poor animal health is a central concern in modern livestock production. Despite the necessity to incorporate animal health in efficiency analysis, the theoretical and empirical developments are limited on this subject. This article appropriately characterizes the axiomatic properties of animal health within a production framework.
Frederic Ang +3 more
wiley +1 more source
Inflation Targeting - the Holy Grail of Monetary Policy? [PDF]
Inflation targeting is a statement about the objective of central bank policy and not about operating procedures. Its success depends not only on the actions of the central bank, but requires a broad consensus concerning the proper role of monetary ...
Hans Genberg
core
Food inflation pass‐through from agricultural imports in a small open economy
Abstract This paper develops a new framework for quantifying cost pass‐through in a small open economy by estimating firm‐level markup responses to agricultural import price shocks. We show theoretically that markup adjustments depend on firms' reliance on imported inputs and demand curvature, generating heterogeneous inflationary effects across firm ...
Minseong Kang, Seungki Lee
wiley +1 more source
Lost in aggregation? On the importance of local food price data for food poverty estimates
Abstract This paper explores within‐country variations in food price dynamics and food poverty estimates by employing local market price data and national consumer price index (CPI) data. Our results show that national CPI data may be useful for approximating national trends but they fail to detect and identify spatial variations in local trends, which
Stephan Dietrich +4 more
wiley +1 more source
NBP Monetary Policy in 2020–2022 in the Light of Central Banks' Responses to External Shocks
The purpose of the article. The aim of the article was to assess the effectiveness of monetary policy implementation under conditions of strong external shocks on the example of selected central banks and its implications for the formation of inflation ...
Kamila Szmigiel
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