Results 11 to 20 of about 46,625 (259)
Confidence in future monetary policy as a way to overcome the liquidity trap [PDF]
The global financial crisis of 2007–2009 has changed the landscape for monetary policy. Many central banks in developed economies had to employ various unconventional policy tools to overcome a liquidity trap.
Olga Kuznetsova +2 more
doaj +3 more sources
Conventional and Unconventional Monetary Policy [PDF]
We extend a standard New Keynesian model to incorporate heterogeneity in spending opportunities and two sources of (potentially time-varying) credit spreads, and to allow a role for the central bank's balance sheet in equilibrium determination. We use the model to investigate the implications of imperfect financial intermediation for familiar monetary ...
Cúrdia, Vasco, Woodford, Michael
openaire +8 more sources
The proportionality of monetary policy as a macro-juristic theory [PDF]
The year 2018 marked the passing of 10 years for attempts of systemic financial instability prevention and according legal regulation reforms in the European Union.
Bocs Lauris
doaj +1 more source
What is the effect of unconventional monetary policy on bank performance? [PDF]
This paper examines the relationship between unconventional monetary policy and the US banking performance. Unconventional monetary policy is captured through the central bank’s assets and excess reserves. Results show that unconventional monetary policy
Abreu +125 more
core +2 more sources
Should Unconventional Monetary Policies Become Conventional? [PDF]
The large recession that followed the Global Financial Crisis of 2008-09 triggered unprecedented monetary policy easing around the world. Most central banks in advanced economies deployed new instruments to affect credit conditions and to provide liquidity at a large scale after shortterm policy rates reached their effective lower bound. In this paper,
Quint, Dominic, Rabanal, Pau
openaire +4 more sources
In response to the “Great Recession and Global Financial Crisis”, central banks had to deploy unconventional monetary policies (UMP) in order to fight the severe impact of the crisis.
Lindokuhle Talent Zungu +1 more
doaj +1 more source
THE RELATION BETWEEN INNOVATIVE POLICY INSTRUMENTS AND SMES RESILIENCE: CONCEPTUAL ANALYSIS [PDF]
In recent years, we have been witnessing a succession of economic, financial and health crises on a global scale, the most recent being the 2020 COVID-19 health crisis.
Adil MSADY +3 more
doaj +1 more source
Evaluating the effects of Unconventional Monetary Policy Shock In VAR Using Sign Restrictions Approach [PDF]
Resolving problems resulting from stagflation conditions accompanied with low economic growth and slow employment growth needs some policies that one of them can be unconventional monetary policy.
Mahboobeh Khadem Nematollahy +3 more
doaj +1 more source
The Impact of Unconventional Monetary Policy on Gendered Wealth Inequality
Unconventional monetary policy was implemented as a result of the financial crisis and resulted in rising asset prices in the stock markets. While the increase in asset prices is not exclusively triggered by unconventional monetary policy, central ...
Brigitte Young
doaj +1 more source
QUANTITATIVE EASING AS THE MAIN INSTRUMENT OF UNCONVENTIONAL MONETARY POLICY
After the fall of Lehman Brothers in September 2008, the financial crisis turned into a global crisis and had a negative impact on the real economy. During the crisis, there has been a significant decrease in key macroeconomic indicators, such as GDP ...
Halyna Alekseievska, Anzor Mumladze
doaj +1 more source

