Results 21 to 30 of about 5,540,095 (309)
Model Uncertainty and Monetary Policy [PDF]
SSRN Electronic Journal, 2007 Model uncertainty has the potential to change importantly how monetary policy should be conducted, making it an issue that central banks cannot ignore. In this paper, I use a standard new Keynesian business cycle model to analyze the behavior of a central bank that conducts policy with discretion while fearing that its model is misspeci…ed.
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Endogenous uncertainty and monetary policy
Macroeconomic Dynamics, 2020 AbstractIn this paper, we empirically explore the endogeneity of uncertainty and the interaction between different types of uncertainty and monetary policy using a shock-restricted vector-autoregression model. We find that a contractionary monetary policy shock reduces financial uncertainty, opposite to the findings in the previous literature, while at
ShinHyuck Kang, Kwangyong Park
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Uncertainty and Monetary Policy Rules in the United States [PDF]
, 2005 This paper analyses the impact of uncertainty about the true state of the economy on monetary policy rules in the US since the early 1980s. Extending the Taylor rule to allow for this type of uncertainty, we find evidence that the predictions of the ...
Milas, C, Martin, C
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“Ubiquitous uncertainties”: spillovers across economic policy uncertainty and cryptocurrency uncertainty indices [PDF]
Journal of Asian Business and Economic Studies, 2022 Purpose – The purpose of this paper is to extend the literature on the spillovers across economic policy uncertainty (EPU) and cryptocurrency uncertainty indices.
Matteo Foglia, Peng-Fei Dai
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Trump’s Tariffs and Trade Resilience: A Comparative PPML Analysis of Jordan and Egypt’s Export performance [PDF]
المجلة العلمية للدراسات والبحوث المالية والتجاريةThe study investigates the differential impact of U.S. tariffs imposed under President Donald Trump (2017–2021 and 2025) on the export performance of Jordan and Egypt—two MENA economies with divergent trade structures, market dependencies, and policy ...
Abeer Rashdan, Khalid Wazani
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DOES ECONOMIC POLICY UNCERTAINTY REDUCE FINANCIAL INCLUSION?
The International Journal of Banking and Finance, 2021 This study investigates whether the level of economic policy uncertainty (EPU) would reduce the level of financial inclusion. It was predicted that a high level of EPU could have a negative effect on the level of financial inclusion. It was argued that a
Peterson K Ozili
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Trade Policy Uncertainty and the WTO [PDF]
WTO Working Papers, 2014 Do WTO commitments reduce the risk of trade policy reversals? To address this question, we rely on the theoretical model of varying cooperative tariffs by Bagwell and Staiger (1990) to specify our empirical model for the probability of a tariff increase. We then study how WTO tariff commitments affect this probability.
Groppo, Valeria, Piermartini, Roberta
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Transport, 2018 The maritime transport industry continues to draw international attention on significant Greenhouse Gas emissions. The introduction of emissions taxes aims to control and reduce emissions.
Mo Zhu, Michael Chen, Murat Kristal
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International spillovers of policy uncertainty [PDF]
Economics Letters, 2014 À l’aide de l’indice d’incertitude sur la politique économique établi par Baker et autres (2013), les auteurs estiment les retombées de l’incertitude au sujet de la politique économique dans le cas de six pays développés. Ils constatent que ces effets d’entraînement contribuent pour un peu plus du quart à la dynamique de l’incertitude sur la politique ...
Klößner, Stefan, Sekkel, Rodrigo
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Monetary Policy Uncertainty and Monetary Policy Surprises [PDF]
Finance and Economics Discussion Series, 2020 Monetary policy uncertainty affects the transmission of monetary policy shocks to longer-term nominal and real yields. For a given monetary policy shock, the reaction of yields is more pronounced when the level of monetary policy uncertainty is low.
Michiel De Pooter +3 more
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