Results 51 to 60 of about 63,034 (165)
, 2007 We estimate Taylor (1993) rules and identify monetary policy shocks using no-arbitrage pricing techniques. Long-term interest rates are risk-adjusted expected values of future short rates and thus provide strong over-identifying restrictions about the policy rule used by the Federal Reserve. The no-arbitrage framework also accommodates backward-looking
Andrew Ang, Sen Dong, Monika Piazzesi
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Dissecting Taylor Rules in a Structural VAR [PDF]
IMF Working Papers, 2010 This paper uncovers Taylor rules from estimated monetary policy reactions using a structural VAR on U.S. data from 1959 to 2009. These Taylor rules reveal the dynamic nature of policy responses to different structural shocks. We find that U.S. monetary policy has been far more responsive over time to demand shocks than to supply shocks, and more ...
Woon Gyu Choi, Yi Wen
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Application of Is-Mp-Ia Model and Taylor Rule to Cesee Economies
Economics and Culture, 2016 In this paper, the extended framework of the IS-MP-IA model has been tested. Since the appearance of the Romer’s (2000) model, a bulk of studies with its extensions have been published. Perhaps, the most notable amongst them were those proposed by Hsing (
Josheski Dushko, Eftimoski Dimitar
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Measuring Nominal and Real Convergence of Selected CEE Countries by the Taylor Rule
International Journal of Management and Economics, 2016 We propose using a simple Taylor rule to evaluate business cycle convergence of the Czech Republic, Hungary, and Poland with the Eurozone. Our findings indicate an ongoing convergence of those CEE countries to the Eurozone, but with instabilities and ...
Böing Tobias +2 more
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Economies, 2016 The purpose of this paper is to evaluate the behavior of monetary authorities in Tunisia and Egypt, in response to changes in macroeconomic variables over time based on LSTR model.
Yosra Baaziz, Moez Labidi
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Taylor rule and EMU Monetary Policy Determination and ECB's Preferences
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2006 The aim of the article is to evaluate the preferences of the ECB in monetary policy and to compare them with preferences of the central banks of new EU member countries from Central and Eastern Europe.
Svatopluk Kapounek, Lubor Lacina
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Interest rates and prices causality in the Czech Republic - Granger approach
Agricultural Economics (AGRICECON), 2009 Monetary policy analysis concerns both the assumptions of the transmission mechanism and the direction of causality between the nominal (i.e. the money) and real economy.
J. Poměnková, S. Kapounek
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Exchange rate parities and Taylor rule deviations. [PDF]
Empir Econ, 2022 Anderl C, Caporale GM.
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AN ASSESSMENT OF THE STANDARD NEW KEYNESIAN MODEL APPLIED TO MOROCCO: A BAYESIAN ESTIMATION
Revue Economie, Gestion et Société, 2017 In this paper, we criticize the use of the standard New Keynesian model in analyzing the Moroccan economy. By showing that, in addition to the well-known structural short comings of the model, it also fails to replicate the characteristics of the ...
Faical LAKHCHEN, Hassan HACHIMI ALAOUI
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On Some Cauchy Type Mean-Value Theorems with Applications
Communications in Advanced Mathematical SciencesSome Cauchy-type mean-value theorems for Chebychev’s inequality, Steffensen’s inequality, midpoint rule, and Simpson’s rule are presented. Furthermore, we give some applications for the obtained results using the exponential and logarithmic functions ...
Uğur Selamet Kırmacı
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