Results 101 to 110 of about 4,736,729 (247)
Anti‐corruption as a Form of Governance? Balancing Growth and Risk in China's Financial Markets
ABSTRACT This article examines how anti‐corruption campaigns function as unconventional instruments for regulating financial markets in emerging economies, where rapid market expansion often creates opportunities for dubious financial practices. Drawing on an original dataset of 393 investigations into alleged misconduct by personnel in China's ...
Yingyao Wang
wiley +1 more source
Central bank independence with procedural accountability
Abstract Independent central banks must be effectively accountable, particularly when they engage in discretionary policies during a crisis. We argue that ex post assessment of central bank performance is insufficient for proper accountability. Using the inflationary episode that followed the Covid‐19 pandemic, we show that a central bank explicitly ...
Juan E Castañeda, Paola Romero
wiley +1 more source
Monetary Policy Effects on Energy Sector Bubbles
We investigate the effects of monetary policy shocks, including unconventional policy measures, on the bubbles of the energy sector, for the case of the United States.
Petre Caraiani, Adrian Cantemir Călin
doaj +1 more source
Central Bank Purchases and Corporate Bond Issuance during the Pandemic: The Case of Japan
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
Monetary Policy Report 3/2023 [PDF]
The policy rate is set by Norges Bank’s Monetary Policy and Financial Stability Committee. Policy rate decisions are taken at the Committee’s monetary policy meetings. The Committee normally holds eight monetary policy meetings per year.
core
Abstract I analyze differences between the core and extended trading sessions in the high‐frequency reaction of equity markets to potential news. Using presidential tweets as unanticipated, potentially market‐stirring events, I find that volatility increases and liquidity deteriorates within fractions of a second after a tweet.
Stefan Scharnowski
wiley +1 more source
The United Kingdom’s quantitative easing policy: design, operation and impact [PDF]
In response to the intensification of the financial crisis in Autumn 2008, the Bank of England, in common with other central banks, loosened monetary policy using both conventional and unconventional policy measures.
Tong, Matthew +2 more
core
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
CONVENTIONAL AND UNCONVENTIONAL MONETARY POLICY. THE CASE OF ROMANIA
The aim of our paper is to analyze the conventional and unconventional monetary policy in Romania, in the context of the recent financial crisis. We study the relationship between interest rates and credit risk, but also the non-standard monetary ...
Ioana Plescau
doaj +1 more source
Amplification effects and unconventional monetary policies
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 +2 more
openaire +3 more sources

