Results 141 to 150 of about 46,625 (259)
International Housing Markets, Unconventional Monetary Policy and the Zero Lower Bound [PDF]
, 2016 In this paper we propose a time-varying parameter VAR model for the housing market in the United States, the United Kingdom, Japan and the Euro Area. For these four economies, we answer the following research questions: (i) How can we evaluate the stance
Huber, Florian, Punzi, Maria Teresa
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The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley +1 more source
Policy Packages and Policy Space: Lessons from COVID-19. [PDF]
Eur Econ Rev, 2023 Bergant K, Forbes K.
europepmc +1 more source
On the need for a new approach to analyzing monetary policy [PDF]
We present a pricing kernel that summarizes well the main features of the dynamics of interest rates and risk in postwar U.S. data and use it to uncover how the pricing kernel has moved with the short rate.
Andrew Atkeson, Patrick J. Kehoe
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Unconventional monetary policies
, 2012 Unconventional monetary policies in the United States (2007- 2010) in the light of the Japanese experience (1999-2006). Were the Fed’s unconventional monetary policies effective during the 2007-2010 crisis? Have the ECB unconventional monetary policies lowered market borrowing costs for banks and governments? Disaster Risk in a New Keynesian Model.
openaire +1 more source
Noisy Politics, Quiet Technocrats: Strategic Silence by Central Banks
Regulation &Governance, EarlyView.ABSTRACT In contrast to the “quiet” politics of the pre‐2008 period, macroeconomic policy has become “noisy”. This break raises a question: How do independent agencies designed for quiet politics react when a contentious public turns the volume up on them?
Benjamin Braun, Maximilian Düsterhöft
wiley +1 more source
Regulation &Governance, EarlyView.ABSTRACT In a systematic narrative review of 33 longitudinal corporate crime studies, we identify and describe corporate criminal career dimensions: participation, frequency, crime mix, and duration. Themes and patterns across data sources are assessed, including information collected that informs a corporate criminal career perspective and what ...
Marieke H. A. Kluin +3 more
wiley +1 more source
Financial (in)stability, low interest rates and (un)conventional monetary policy: potential risks and policy measures [PDF]
, 2015 Since the advent of the global financial crisis of 2007–08, major central banks in advanced economies - the US Fed, the Bank of England, the Bank of Japan and the ECB - have undertaken monetary policies with a view to keep interest rates low.
Gerba, Eddie, Macchiarelli, Corrado
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Unconventional Fiscal Policies in Response to Inflation: The Iberian Exception in Portugal
Scottish Journal of Political Economy, EarlyView.ABSTRACT The surge in Eurozone inflation in 2022 compelled European governments to implement unconventional fiscal policies. One initiative, the Iberian Exception, imposed a cap on the cost of natural gas used for electricity generation in Portugal and Spain.
Lourenço Cerdeira +2 more
wiley +1 more source
Rethinking macroeconomics: how G5 currency markets have responded to unconventional monetary policy [PDF]
, 2019 The G5 carry trade, where high interest rate currencies appreciate and low interest rate currencies depreciate, had been a persistent anomaly in financial markets since the collapse of Bretton Woods in 1971.
Lancastle, Neil
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