Results 161 to 170 of about 46,625 (259)
Quantitative easing in an open economy : prices, exchange rates and risk premia [PDF]
Explicit targets for the composition of assets traded by governments are necessary for fiscal-monetary policy to determine the stochastic paths of inflation or exchange rates; this is the case even if fiscal policy is non-Ricardian.
Polemarchakis, H. M., Udara, Peiris M.
core
Abstract Theories of corporate liquidity demand build on the notion that firms accumulate cash to safeguard their activities in the face of costly external finance. Monetary policy provides a clear source of exogenous variation in the external finance premium.
Benedicta Marzinotto
wiley +1 more source
Should they stay or should they go? Negative interest rate policies under review. [PDF]
Beckmann J, Gern KJ, Jannsen N.
europepmc +1 more source
A Literature Review of Securities Holdings Statistics Research and A Practitioner's Guide
ABSTRACT Granular holdings data containing security‐by‐security portfolio investments features prominently in economics and finance research. One novel source is the granular Securities Holdings Statistics (SHS), managed by the European Central Bank. SHS covers different euro area investors with over 2 billion observations, representing +50 trillion ...
Martijn Boermans
wiley +1 more source
Back to normal? The future of global production networks [PDF]
It is neither likely nor desirable for central banks to exit from unconventional monetary policies in the near future. However, it is important that central banks develop an exit strategy, evaluate the merits of new and old monetary policy tools and ...
Godart, Olivier N. +2 more
core
Essays on Unconventional Monetary Policy
Monetary policy since the global financial crisis of 2007/08 has contended with the 'unknown unknowns' associated with Knightian uncertainty rather than the 'known unknowns' associated with risk. We find that when a policymaker knows neither the parameters of his model nor the probability distribution from which those parameters are drawn, more fear of
openaire +1 more source
Empirical Literature on Fiscal Multipliers: A Bibliometric Approach, 2002–2023
ABSTRACT This paper reviews the empirical literature on fiscal multipliers through a bibliometric approach, analyzing 337 journal articles published between 2002 and 2023. The articles are categorized based on empirical methodologies, fiscal shock identification strategies, geographic focus, exchange rate arrangements, and macro‐financial regime ...
Margarida Correia Varela +1 more
wiley +1 more source
The Monetary Policy–Commodities Nexus: A Survey
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
Expected inflation and inflation risk premium in the euro area and in the United States [PDF]
This paper uses the celebrated no-arbitrage affine Gaussian term structure model applied to index-linked and standard government bonds to derive expected inflation rates and inflation risk premia, in the euro area and in the US.
Marcello Pericoli
core

