Results 11 to 20 of about 4,029 (266)
UNCONVENTIONAL MONETARY POLICY [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2015 Central banks in advanced economies have deployed a variety of unconventional policies during the crisis. It can be seen that the central banks have been mostly successful at achieving their objectives and that spillover to other countries have—thus ...
DIACONESCU DIANA RALUCA +1 more
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CROSS-BORDER TRANSMISSION OF UNCONVENTIONAL MONETARY POLICY [PDF]
Annals of the University of Oradea: Economic Science, 2016 To counter the intensifying financial crisis, monetary policy has increasingly used unconventional measures, because conventional measures have become less effective.
Sorina Ioana Coroiu, Anca Mitu
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Macroepidemics and unconventional monetary policy
Economic Modelling, 2023 International audienceAlthough the current covid-19 pandemic was neither the first nor the last disease to threaten a pandemic, only recently have studies incorporated epidemiology into macroeconomic theory.
Damette, Olivier +2 more
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Unconventional monetary policy and money demand [PDF]
Journal of Macroeconomics, 2014 This paper investigates the usefulness of the money demand relationship in times of unconventional monetary policies by cointegration methods. In contrast to the bulk of the literature, evidence in favour of a stable long run money demand function is ...
Dreger, Christian, Wolters, Jürgen
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Essays on unconventional monetary policy [PDF]
, 2023 This dissertation studies the synergies and trade-offs between unconventional monetary policy instruments and their interactions with macro-prudential policy.
Bandera, Nicolò
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Unconventional Monetary Policy [PDF]
SSRN Electronic Journal, 2021 Abstract This chapter introduces the reader to unconventional monetary policy, i.e. monetary policy using instruments going beyond the steering of short-term interest rates as described in the previous chapter. We start by providing the rationale of unconventional monetary policy, i.e. essentially pursuing an effective monetary policy
Ulrich Bindseil, Alessio Fotia
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Unconventional Monetary Policies: An Appraisal [PDF]
SSRN Electronic Journal, 2009 This paper sets out a framework for classifying and thinking about unconventional monetary policies, highlighting how they can be viewed within the overall context of monetary policy implementation. The framework clarifies the differences among the various forms of unconventional monetary policy, provides a systematic characterization of the wide range
Claudio Borio, Piti Disyatat
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Conventional and Unconventional Monetary Policy [PDF]
SSRN Electronic Journal, 2009 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
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Unconventional Monetary Policies and Expectations on Economic Variables [PDF]
SSRN Electronic Journal, 2021 We investigate whether forward guidance and large scale asset purchases are effective in steering economic expectations in the USA. Using the series of monetary policy shocks recovered in Swanson (J Monet Econ 118:32-53, 2021), local projections, and an algorithm to select the best empirical model, we show that unconventional monetary policies are ...
Alessio Anzuini, Luca Rossi
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Communication of Monetary Policy in Unconventional Times [PDF]
SSRN Electronic Journal, 2017 Monetary policy communication is particularly important during unconventional times, because high uncertainty about the economy, the introduction of new policy tools and possible limits to the central bank’s toolkit could hamper the predictability of policy actions.
Coenen, Günter +7 more
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