Results 181 to 190 of about 46,625 (259)

Heterodox Central Banking [PDF]

open access: yes
This paper discusses theoretical and practical aspects of the various unconventional central bank policies during the 2008-2009 crisis. In terms of theory, we first discuss the role of credibility in the attainment of inflationary goals once the nominal ...
Javier García-Cicco   +2 more
core  

Asset prices, collateral and unconventional monetary policy in a DSGE model [PDF]

open access: yes
In this paper we set up a New-Keynesian model that features an interbank market. The introduction of an interbank market is important to analyze liquidity problems among heterogenous agents within the financial sector.
Hilberg, Björn, Hollmayr, Josef
core  

The effectiveness of unconventional monetary policy: the term auction facility [PDF]

open access: yes
This paper investigates the effectiveness of one of the Federal Reserve’s unconventional monetary policy tools, the term auction facility (TAF). At issue is whether the TAF reduced the spread between the London interbank offered rate (LIBOR) rates and ...
Daniel L. Thornton
core  

Home - About - Disclaimer - Privacy