Results 211 to 220 of about 4,736,729 (247)

Conventional and Unconventional Monetary Policy Rules

open access: yesJournal of Macroeconomics, 2017
This essay examines the challenges in devising rules for unconventional monetary policy suitable for a post-crisis world. It is argued that unconventional monetary policy instruments are a poor substitute for conventional interest-rate policy in ...
Kevin Sheedy
exaly   +2 more sources

What Is the Effect of Unconventional Monetary Policy on Bank Performance? [PDF]

open access: yesJournal of International Money and Finance, 2016
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
Emmanuel C. Mamatzakis
exaly   +3 more sources

Unconventional Monetary Policy

2018
Unconventional monetary policy is an umbrella term for policy instruments, which a central bank would only use when its traditional tool-box is either exhausted or has lost its effectiveness in meeting the challenges it faces. This is generally the case, when the conventional tool of short-term interest setting reaches its limits at its natural lower ...
openaire   +1 more source

Are Unconventional Monetary Policies Effective? [PDF]

open access: possible, 2011
This paper evaluates the impact of unconventional and conventional monetary policies in the U.S. on the Libor-OIS spread, long-term interest rates and long-term inflation expectations. To this purpose we investigate the behavior of selected asset yields on the days of monetary policy announcements.
openaire   +1 more source

A model of unconventional monetary policy

Journal of Monetary Economics, 2011
We develop a quantitative monetary DSGE model with financial intermediaries that face endogenously determined balance sheet constraints. We then use the model to evaluate the effects of the central bank using unconventional monetary policy to combat a simulated financial crisis.
Mark Gertler, Peter Karadi
openaire   +1 more source

Unconventional Monetary Policy Rules

2018
Parallel Sessions B: Complexity and Nonlinear ...
Agnello, Luca   +4 more
openaire   +1 more source

Unconventional Monetary Policy According to HANK

SSRN Electronic Journal, 2022
Eric R. Sims, Jing Cynthia Wu, Ji Zhang
openaire   +1 more source

Unconventional monetary policy and the dollar [PDF]

open access: possible, 2013
Although the Federal Reserve does not target the dollar, its announcements about monetary policy changes can affect the dollar’s exchange value. Before the 2007-09 financial crisis, the dollar’s value generally fell when the Fed lowered its target for the federal funds rate.
Reuven Glick, Sylvain Leduc
openaire  

Differential Effects of Unconventional Monetary Policy

2023
Did the Eurosystem's quantitative easing from 2015 to 2018 have differential effects regarding the bank lending volume to different institutional sectors, industry sectors, or types of loans? To investigate this question, this paper employs linked microdata of the German banking system.
openaire   +2 more sources

Unconventional monetary policy

2014
In this work, I use data for the US at both quarterly and monthly frequencies and estimate a Bayesian Structural Vector Autoregression (B-SVAR) to assess the macroeconomic impact and the wealth effects of unconventional monetary policy. I show that neither a positive shock to the interest rate spread, nor a positive shock to the central bank s reserves
openaire   +1 more source

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