The Philippine Central Bank's Monetary Policy Reaction Function from 1992 to 2003 [PDF]
This paper attempts to provide an empirical determination of the Philippine central bank's (BSP) recent monetary policy stance, before and after its adoption of the inflation targeting framework, as revealed by its interest rate setting behavior ...
John Michael Ian S. Salas
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An empirical investigation of the relationship between the real economy and stock returns for the United States [PDF]
, 2005 This paper tests for the relationship between excess returns and economic growth rates in the U.S., using a Seemingly Unrelated Regression (SUR) approach.
Gregoriou, A, Hunter, J, Wu, F
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A Banking Explanation of the US Velocity of Money: 1919-2004 [PDF]
The paper shows that US GDP velocity of M1 money has exhibited long cycles around a 1.25% per year upward trend, during the 1919-2004 period. It explains the velocity cycles through shocks constructed from a DSGE model and annual time series data (Ingram
Max Gillman, Michal Kejak, Szilard Benk
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ANALISIS PERGERAKAN NILAI TUKAR DI INDONESIA [PDF]
, 2016 ABSTRAKJudul: Analisis Pergerakan Nilai Tukar di IndonesiaNama: Khairita HNIM: 1201101010032Fakultas/jurusan: Ekonomi/Ekonomi PembangunanDosen Pembimbing: Fakhruddin, S.E M.S.EPenelitian ini bertujuan untuk menganalisis pengaruh antara variabel nilai ...
KHAIRITA H
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Measuring Volatility of Inflation in Pakistan
Lahore Journal of EconomicsThe available evidence in Pakistan suggests that inflation is a monetary phenomena. This paper examines the relationship between the determinants of inflation and its volatility by using monthly data for 1990:M1-2007:M5.
Nadia Saleem
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The Impact of Monetary and Tax Policy on Income Inequality in Japan [PDF]
, 2018 This paper assesses the effects of the most recent monetary policy behavior of the Bank of Japan (BOJ) (in particular, zero interest rate policy and negative interest rate policy) and Japanese tax policy on income inequality in this country during the ...
Shimizu, Sayoko +2 more
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Sectoral Analysis of the Demand for Real Money Balances in Pakistan [PDF]
The main objective of monetary policy in Pakistan, as in other countries, is to achieve price stability. In order to achieve the objective of stable prices, the State Bank of Pakistan is using M2 definition of money supply as an intermediate target ...
Abdul Qayyum
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The price puzzle and monetary policy transmission mechanism in Pakistan: Structural vector autoregressive approach [PDF]
This paper address the issue of monetary policy effectiveness and the price puzzle, a positive response of prices to monetary tightening, in Pakistan. Study examines the effects of monetary policy shock on price level and other macroeconomic variables ...
Javid, Muhammad, Munir, Kashif
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The real effects of reserve requirements : [Version February 1998] [PDF]
, 1998 We review arguments for and against reserve requirements and conclude that the main question is whether a distinction between money creation and intermediation can be made.
Bental, Benjamin, Eden, Benjamin
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Asymmetric effects of monetary policy in the US: Positive vs. negative or big vs. small? [PDF]
This paper reconsiders the empirical evidence on the asymmetric output effects of monetary policy. Asymmetric effects is a common feature of many theoretical models, and there are many different versions of such asymmetries.
Martín Solà, Morten O. Ravn
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