Results 11 to 20 of about 5,400,241 (311)
Designing a Monetary Policy Mechanism Based on Policymaker’s Reputation and Rational Agent’s Power [PDF]
One of the most challenging issues related to the monetary policy is the causes and origins of inflationary shocks and biases. There are two approaches to the monetary policy in general: first, monetary policy based on discretion, and second, monetary ...
Jafar Ebadi, Ehsan Barin
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A Monetary Policy Rule for Russia, or is it Rules? [PDF]
We estimate several monetary policy rules for Russia for the period 2003–2015. We find that the traditional Taylor rule describes the conduct of monetary policy in Russia reasonably well, whether coefficients are restricted to being the same or allowed to change over the sample period. We find that the Bank of Russia often overshot its inflation target
Korhonen, Iikka, Nuutilainen, Riikka
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Evaluating the welfare aspects of the simple monetary ruls for Iran [PDF]
This paper following a monetary growth rate rule aims to compare the properties of different monetary policy rules in Iran. In that regards, the paper draws on the New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models.
Khyareh Mohsen Mohammadi +2 more
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The Jeffrey and Kathryn Cole Honors College Lecture, Michigan State University, East Lansing, Mich.
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Impact Analysis of Macroeconomic Shocks on Monetary and Fiscal Policy Variables in Iran with Taylor Rule Approach: BVAR Method [PDF]
Objective: The economies of countries have always been affected by various shocks from the supply and demand side during different periods, and this phenomenon causes deviations in macroeconomic variables.
Faezeh Zorriyeh Mohammad Ali +3 more
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Targeting rules for monetary policy [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Joshua Aizenman, Jacob A. Frenkel
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Monetary policy rules for Russia [PDF]
The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy rules, we test whether the central bank in Russia reacts to changes in inflation, output gap and the exchange rate in a consistent and predictable manner.
Esanov, Akram +2 more
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Monetary policy rules: An approach based on the theory of chaos control
This article explores the relationship between Taylor rules for monetary policy and those derived from chaos control methods. A similar structure of both rule types would theoretically support the stabilizing role of the Taylor rule for the control of ...
Graciela Chaparro Guevara, Lorenzo Escot
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Designing monetary and fiscal policy rules in a new Keynesian model with rule-of-thumb consumers [PDF]
This paper studies the determinacy properties of monetary and fiscal policy rules in a small-scale New Keynesian model. We modify the standard model in two ways.
Rossi, Raffaele
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Interest on reserves, helicopter money and new monetary policy.
We build a nonlinear dynamic model with currency, demand deposits and bank reserves. Monetary base is controlled by central bank, while money supply is determined by the interactions between central bank, commercial banks and public.
Duong Ngotran
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