Results 1 to 10 of about 1,323 (205)
A Guide to Nominal Feedback Rules and Their Use for Monetary Policy [PDF]
Review, 1998 If price stability is to be sustained, monetary policy actions will inevitably resemble - in the long run - the prescriptions from nominal feedback rules, which are designed to achieve price stability. This property means that monetary policy might be well described by a nominal feedback rule in a low-inflation country such as Switzerland.
Michael J Dueker
exaly +3 more sources
Monetary policy Analysis in Iran’s economy; A Welfare based DSGE approach [PDF]
International Journal of Business and Development Studies, 2021 In recent decades, many countries have improved systematic control over monetary policy and stabilized inflation at moderate levels. There is a great literature on how to conduct a monetary policy.
Afshin Heidarpour, Mosayeb pahlavani
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Analysis of monetary policies in the condition of disequilibrium in Iran's economy - DSDE- dynamic stochastic disequilibrium model approach [PDF]
سیاستگذاری اقتصادی, 2023 Extended AbstractPurpose: Monetary policy rules that are used to implement monetary policies by central banks are determined in a strategic framework in order to do trade-offs between goals such as inflation, unemployment and economic growth.
Saeed Valinezhad +2 more
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Central Bank Credibility and its Effect on Interest Rate with an Emphasis on Fiscal and Institutional Factors [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2023 This paper studies the effect of central bank credibility (CBC) on interest rate from the perspective of fiscal and institutional factors, using a credibility loss index. As some central banks are not successful in channeling the actual inflation towards
Elham Kamal, Vahid Taghinezhadomran
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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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The impact of financial factors on monetary policy responses in emerging market economies
Ekonomski Vjesnik, 2023 Purpose: This study investigates the monetary policy responses of emerging market inflation targeters to financial factors both before and after the 2008 global financial crisis (GFC). Methodology: Taylor rules, augmented with the nominal exchange rate,
Ali İlhan
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ECONOMETRIC ANALYSIS OF INDICATORS OF DEVELOPMENT OF FINANCIAL AND REAL ECONOMIC SECTORS
Фінансово-кредитна діяльність: проблеми теорії та практики, 2021 The instability of the domestic economy and the influence of external factors lead to the deviation of the basic macroeconomic indicators from the normative equilibrium values.
Serhii Kolodii +3 more
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Estimating Monetary Policy Rules When Nominal Interest Rates are Stuck at Zero [PDF]
SSRN Electronic Journal, 2013 Did the Federal Reserve's response to economic fundamentals change with the onset of the Global Financial Crisis? Estimation of a monetary policy rule to answer this question faces a censoring problem since the interest rate target has been set at the zero lower bound since late 2008.
Jinill Kim, Seth Pruitt
openaire +2 more sources
Journal of International Money and Finance, 2023 Monetary authorities have followed interest-rate feedback rules in apparently different ways over time and across countries, with the literature distinguishing, in particular, between active and passive monetary policies. We address the transitional-dynamics implications of these different types of monetary policy, in the context of a monetary growth ...
Pedro Mazeda Gil +2 more
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Estimating Interest Rate Setting Behavior in Brazil: A LSTR Model Approach
Economies, 2015 Given limited research on monetary policy rules in emerging markets, this paper challenges the applicability of a nonlinear Taylor rule in characterizing the monetary policy behavior of the Brazilian Central Bank. It also investigates whether and how the
Yosra Baaziz
doaj +1 more source