Results 41 to 50 of about 5,400,241 (311)
The Risk-Adjusted Monetary Policy Rule [PDF]
Finance and Economics Discussion Series, 2016 Macroeconomists are increasingly using nonlinear models to account for the effects of risk in the analysis of business cycles. In the monetary business cycle models widely used at central banks, an explicit recognition of risk generates a wedge between the inflation-target parameter in the monetary policy rule and the risky steady state (RSS) of ...
Nakata, Taisuke, Schmidt, Sebastian
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An Optimal Monetary Policy in a Long- Run Coexistence with COVID-19 [PDF]
International Journal of New Political EconomyWith the advent of COVID-19 health authorities of most Top high GDP countries dominated the economy. A policy response to COVID-19 pandemic, was the lockdown policy.
Iman Bastanifar
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How do monetary policy tools work? An investigation on monetary transmission mechanism in Iran [PDF]
Management Science Letters, 2013 Monetary transmission mechanism includes some channels in which monetary policy influences on macroeconomic variables such as the output and inflation.
Naser Ali Yadollahzadeh Tabari
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MONETARY POLICY RULES AS THE FOUNDATION OF THE MODERN PARADIGM OF CENTRAL BANK INDEPENDENCE [PDF]
Academy ReviewThe article analyzes the origins of the modern paradigm of central-bank independence both in historical retrospect and from the perspective of the implementation of certain monetary policy rules.
Inna O. Shkolnyk, Yurii M. Ohorilko
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Cogent Economics & Finance, 2023 This paper examines the relationship between Federal Reserve policy and the Taylor rule, a commonly used model for guiding monetary policy. The study analyzes the deviation of the actual Federal Funds Rate from the Taylor Rule model during distinct ...
Kyle Rechard, Narendra Raj Regmi
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Simple and Robust Rules for Monetary Policy [PDF]
Federal Reserve Bank of San Francisco, Working Paper Series, 2010 This paper focuses on simple normative rules for monetary policy which central banks can use to guide their interest rate decisions. Such rules were first derived from research on empirical monetary models with rational expectations and sticky prices built in the 1970s and 1980s.
John B. Taylor, John C. Williams
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Research in Globalization, 2023 The continuous depreciation of the exchange rate in Ghana has raised concern about its effect on inflation and the economy at large. This paper examines the threshold effect of exchange rate pass-through (ERPT) on inflation using a monthly data from ...
Matthew Kwabena Valogo +3 more
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Trilemma Challenges for the People's Republic of China [PDF]
Asian Development Review, 2015 This paper first reviews recent developments in exchange rate regimes, capital account liberalization, interest rate liberalization, and monetary policymaking in the People's Republic of China (PRC).
Masahiro Kawai, Li-Gang Liu
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Arab Economic and Business Journal, 2023 A medium-size structural model is built in this article in order to define and reshape the Lebanese economy characteristics and features. However, the structural model is featured by a Taylor monetary policy rule design with nominal interest smoothing ...
Jennifer Challita
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Monetary-fiscal policies interactions and optimal rules in Egypt [PDF]
Review of Economics and Political Science, 2020 Purpose – This paper aims to estimate a New Keynesian small open economy dynamic stochastic general equilibrium (DSGE) model for Egypt using Bayesian techniques and data for the period FY2004/2005:Q1-FY2015/2016:Q4 to assess monetary and fiscal policy ...
Sherine Al-shawarby, Mai El Mossallamy
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