Results 231 to 240 of about 156,565 (277)

The Epistemic Harms of Botched Apologies for Past Wrongs

open access: yesJournal of Applied Philosophy, EarlyView.
ABSTRACT Apologies often create expectations of meaningful change and repair. Yet when institutions or states deliver apologies for past wrongs that lack substantive reparative action, they risk deepening, rather than redressing, the harms they acknowledge.
Abraham Tobi
wiley   +1 more source

Hampered Monetary Policy Transmission ‐ A Supply‐Side Story?

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract This paper shows that the supply side of credit is a major factor for hampered monetary policy transmission in monopolistic banking markets. Our stress test data containing projected interest rates of all 1,555 small and medium‐sized banks in Germany under two hypothetical scenarios provide a clear way to partial out demand shocks that are ...
LOTTA HECKMANN‐DRAISBACH, JULIA HARDT
wiley   +1 more source

Interest Rate Pegs and the Reversal Puzzle: On the Role of Anticipation

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We revisit the reversal puzzle: a counterintuitive contraction of inflation in response to an interest rate peg. We show that its occurrence is intimately related to the degree of agents' anticipation. If agents perfectly anticipate the peg, reversals occur depending on the duration of the peg.
RAFAEL GERKE   +2 more
wiley   +1 more source

The Monetary Policy–Commodities Nexus: A Survey

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT This survey synthesizes evidence on the bidirectional links between commodity markets and monetary policy. On the commodities‐to‐policy side, we review how shocks to energy, food, and metals pass through to inflation, inflation expectations, economic activity, and financial stability in state‐dependent ways that vary by shock type, exposure ...
Martin T. Bohl   +2 more
wiley   +1 more source

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