Results 61 to 70 of about 63,034 (165)

The Taylor Rule: A Spurious Regression? [PDF]

, 2003
This paper investigates the econometric properties of the Taylor (1993) rule applied to U.S., Australian and Swedish data to judge its empirical relevance. Little attention has been paid to the time series properties of the data underlying interest rate rules, nor the estimations themselves, despite the rise in popularity of Taylor-like rules in both ...
openaire   +2 more sources

From r* to the Optimal Policy Rate: Identifying a Time-Varying Forward-Looking Taylor Rule for the National Bank of Poland

Ekonometria
Aim: This paper identifies a forward-looking Taylor-type rule with time-varying coefficients for Poland and derives the implied optimal policy-rate path for the National Bank of Poland over the period 2010-2024.
Patryk Kołbyko
doaj  

Welfare Implications of Alternative Monetary Policy Rules: A New Keynesian DSGE Model for Turkey

Review of Economic Perspectives, 2017
In recent years, there has been extensive research on the conduct of monetary policy in small open economies that are subject to inflation and output fluctuations.
Yağcıbaşı Özge Filiz, Yıldırım Mustafa Ozan   +1 more
doaj   +1 more source

Hopf bifurcation in an open monetary economic system: Taylor vs. inflation targeting rules (Malaysian case)

Cogent Economics & Finance, 2017
The main objectives of this research are to analyze the trends of expectations condition within Malaysian economic system and investigate the existence of Hopf bifurcation in the economic dynamical system’s policy in order to examine the existence of ...
Mohd Naim Bin Mohd Johari, Adem Kilicman
doaj   +1 more source

Partisan politics and Fed policy choices: A Taylor rule approach

Journal of Government and Economics
How do the President and the Congress affect the policy choices of the Federal Open Market Committee, the primary policymaking arm of the Federal Reserve System (the Fed)?
J. Kevin Corder
doaj   +1 more source

The macroeconomic effects of money demand and capital liquidity: A financial accelerator perspective

International Review of Economics & Finance
This paper establishes a dynamic stochastic general equilibrium (DSGE) model including secondary asset market and financial accelerator mechanism, to examine the short-term impact of money demand shock and capital liquidity shock through the financial ...
Yongwu Li, Zhongfei Li, Baoling Wang
doaj   +1 more source

Measuring the natural rate of real interest for the Chinese economy

International Review of Economics & Finance
In this paper, we deliver several measures of the natural rate of real interest for the Chinese economy using the quarterly data covering the period of 1990q1-2018q4, and assess their reliabilities as the indicators of Chinese monetary policy ...
Lixin Sun
doaj   +1 more source

Simulating Banking Sector Dynamics in North Africa: Methodological Insights from DSGE Models

المجلة الدولية للأداء الاقتصادي
North African economies face a structural policy paradox, in which bank-centric financial systems and persistent public-sector dominance complicate coordinating the monetary and fiscal instruments needed for price and debt stability. This study examines
Kacem Sara, Abdoulaye Aboubacari Mohamed
doaj  

Reglas de política monetaria y choques externos en una economía semidolarizada

Economía, 2013
La crisis de 2008-2009 demostró que el principal desafío macroeconómico que enfrenta una economía como la peruana es el manejo de los choques externos adversos que deterioran la balanzade pagos y reducen la demanda agregada.
Oscar Dancourt
doaj  

The Proposed United States Office of Management and Budget Rule for Managing Biomedical Research Grants and Cooperative Agreements Needs to Change. [PDF]

Am J Trop Med Hyg
Rosenthal PJ, Nishi JB, Ko AI, Fidock DA, Taylor TE.   +4 more
europepmc   +1 more source