Results 101 to 110 of about 4,029 (266)
Global Policy, EarlyView.ABSTRACT This paper examined the critical challenges facing the international monetary system, arguing that they have created conditions for a shift from a neoliberal framework to a pluralist multipolar financial order. Using an interdisciplinary approach that blends international law and international relations, the paper provides an analysis of the ...
Jiangyu Wang
wiley +1 more source
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 +2 more
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Food Prices and Monetary Policy: Evidence from Türkiye
Uluslararası Ekonomi, İşletme ve Politika DergisiThis 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
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Why Post‐COVID 19 Inflation in Europe Was a Monetary Phenomenon and What Policymakers Should Learn
Global Policy, EarlyView.ABSTRACT The post‐pandemic inflation surge in the Eurozone demonstrates that large‐scale monetary expansion is not neutral. Drawing on empirical evidence from a Vector autoregression (VAR) analysis, this commentary demonstrates that money supply growth became a dominant driver of inflation as temporary supply disruptions faded, eventually explaining ...
Daniel Rodríguez‐Asensio +1 more
wiley +1 more source
The Theory of Unconventional Monetary Policy
, 2016 This paper is about the effectiveness of qualitative easing, a form of unconventional monetary policy that changes the risk composition of the central bank balance sheet with the goal of stabilizing economic activity. We construct a general equilibrium model where agents have rational expectations and there is a complete set of financial securities ...
Roger Farmer, Pawel Zabczyk
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Unconventional monetary policy and productivity [PDF]
OECD Productivity Working Papers, 2019 We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US between 2008 and 2016. Using monetary policy surprises, obtained from changes in interest rates futures in narrow windows around FOMC announcements, we isolate the increased access to high-yield bond markets relative to investment-grade
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Monetary Policy, Investor Sentiment and Stock Price Bubble: Evidence From China
Accounting &Finance, EarlyView.ABSTRACT The empirical results indicate that an increase in interest rates may stimulate a significant and persistent stock price bubble, which is consistent with rational asset price bubble theory. This finding suggests that central banks should implement anti‐turbulent monetary policy with caution, since inappropriate tightening may unintentionally ...
Jiahao Gong +3 more
wiley +1 more source
Gravity Among Central Bank Balance Sheets: Monetary Policy Spill-Over on FX Volatility
Econometric Research in Finance, 2020 Following the subprime crisis, most of the European central banks implemented several unconventional monetary instruments. As a result of the late quantitative easing, there was a shift from stimulating lending to the immediate stimulation of the ...
Gábor Dávid Kiss +1 more
doaj
Housing market dynamics under a pegged exchange rate – a study of Hong Kong
International Journal of Strategic Property Management, 2018 This study explores the major determinants of prices and rents of properties in the mass housing market and in the luxury housing market of Hong Kong.
Ka Hung Yu, Eddie Chi Man Hui
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Identification of Monetary Policy Shocks in Japan Using Sign Restrictions within the TVP-VAR Framework [PDF]
This paper contributes to the discussion on the functioning of the monetary policy transmission mechanism in Japan during the past three decades. It extends the methodology of time-varying parameter vector autoregressions (TVP-VAR) by employing an ...
Michal Franta
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