Results 101 to 110 of about 46,625 (259)

When the Fed Sneezes, What Stock Market Catches the Cold?

International Finance, EarlyView.
ABSTRACT This paper identifies three indicators of monetary policy surprises—unexpected changes in the federal funds rate, forward guidance and large‐scale asset purchases—and examines their effects on international stock prices using an intraday event study approach.
Carlo Rosa
wiley   +1 more source

Macroeconomic effects of unconventional monetary policy in the euro area [PDF]

I find that the Eurosystem can stimulate the economy beyond the policy rate by increasing the size of its balance sheet or the monetary base. The transmission mechanism turns out to be different compared to traditional interest rate innovations: (i ...
Peersman, Gert
core   +3 more sources

Unconventional monetary policy and the (Neo)Fisher effect: has the federal reserve misunderstood monetary policy?

Cogent Economics & Finance
The failure of the Federal Reserve Bank to control inflation within its target range has raised concerns about potential misunderstandings in US monetary policy dynamics.
Andrew Phiri
doaj   +1 more source

The transmission mechanism of unconventional monetary policy [PDF]

Oeconomia Copernicana, 2016
The implementation of unconventional (nonstandard) monetary policy instruments by the leading central banks at the wake of the financial and economic crisis was the most significant shift in the practice of central banking in the recent years. Evaluation of their effects is not feasible without a thorough recognition of the transmission mechanism of ...
openaire   +3 more sources

Central Bank Purchases and Corporate Bond Issuance during the Pandemic: The Case of Japan

Journal of Financial Research, EarlyView.
Abstract In its massive purchases of corporate bonds during the COVID‐19 pandemic, the Bank of Japan set the maximum eligible remaining maturity at 5 years. I document that during the postpandemic period, Japanese firms increased bond issuance, with the increase concentrated in (1) issuance of bonds with eligible maturities (1–5 years) and (2 ...
Yusuke Tsujimoto
wiley   +1 more source

Food Prices and Monetary Policy: Evidence from Türkiye

Uluslararası Ekonomi, İşletme ve Politika Dergisi
This study investigates the relationship between monetary policy and food prices over the period of 2011:M1-2024:M9 in the case of a small economy, Türkiye.
Oğuz Tümtürk
doaj   +1 more source

Looking forward: Exiting unconventional monetary policy. [PDF]

Geldpolitik; Policy-Mix; OECD-Staaten;
Tesfaselassie, Mewael F.
core  

Amplification effects and unconventional monetary policies

Theoretical and Applied Economics, 2012
Global financial crises trigger off amplification effects, which allow relatively small shocks to propagate through the whole financial system. For this reason, the range of Central banks policies is now widening beyond conventional monetary policies and lending of last resort. The aim of this paper is to establish a rule for this practice.
Bastidon, Cécile, Huchet, Nicolas, Gilles, Philippe   +2 more
openaire   +3 more sources

Essays on unconventional monetary policy

, 2023
This dissertation studies the synergies and trade-offs between unconventional monetary policy instruments and their interactions with macro-prudential policy. The complementarities between policy tools played a critical role in the monetary response to the Covid-19 pandemic, but they have been overlooked by the literature.
openaire   +3 more sources

Unconventional Monetary Policy in the Euro Zone [PDF]

Open Economies Review, 2016
The European Central Bank adopted a policy of quantitative easing early in 2015, long after the US and UK, and after implementing a succession of measures to increase liquidity in the Euro zone financial markets, none of which proved sufficient eventually. The paper draws out lessons for the Euro zone from US and UK experience.
openaire   +2 more sources