Results 21 to 30 of about 4,029 (266)
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
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Unconventional Monetary Policy Response to Covid-19 and Its Impact on Inflation in Morocco [PDF]
This study explores the impact of unconventional monetary policy on Morocco’s economy during the Covid-19 pandemic. We used a hybrid model combining a financial dynamic stochastic general equilibrium (DSGE) model with a standard epidemiology model ...
Hicham Ouakil +2 more
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How effective have measures by Central Banks been in mitigating the impact of financial crisis
During the global financial crisis, central banks around the globe implemented a series of unconventional monetary policy measures such as quantitative easing among others to avert the impact of financial crisis on financial system. There exist numerous
Ibrahim Rimintsiwa
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(Un)Conventional Monetary and Fiscal Policy
We build a tractable New Keynesian model to study four types of monetary and fiscal policy. We find that quantitative easing (QE), lump-sum fiscal transfers, and government spending have the same effects on the aggregate economy when fiscal policy is fully tax financed.
Wu, Jing Cynthia, Xie, Yinxi
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From 1990 to 2019, this study examines the nonlinear dynamic impact of financial development on income inequality in an unconventional policy regime in a panel of 21 African countries. More importantly, we use Panel Smooth Transition Regression to extend
Lindokuhle Talent Zungu +2 more
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Unconventional monetary policy and the ‘currency wars’ [PDF]
Abstract Employing a panel of exchange rates and a difference-in-difference methodology, we find that unconventional monetary policy (UMP) resulted in an increase in exchange rate volatility and weaker exchange rates in UMP-adopter countries relative to others.
Thornton J., Di Tommaso C.
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Unconventional Monetary Policy: Between the Past and Future of Monetary Economics [PDF]
In this paper we discuss some of the monetary policy issues that have involved major central banks worldwide since the 2008 financial crisis, and which remain open. We provide an excursus of the unconventional monetary policies adopted by central banks in the last decade, focusing on the European Central Bank and the Federal Reserve, and we discuss the
Guerini M., Lamperti F., Mazzocchetti A.
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MONETARY MARKET OPERATIONS INITIATED BY THE NATIONAL BANK OF ROMANIA IN 2015-2020 [PDF]
In order to achieve the main objective of the European Central Bank and implicitly of the national central banks that make up the European System of Central Banks, the Governing Council of the ECB bases its decisions on a two-pillar monetary policy ...
IRINA-ELENA CHIRTOC, GABRIELA BUȘAN
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IMPACT OF UNCONVENTIONAL FINANCING ON ECONOMIC GROWTH AND INFLATION IN ALGERIA
The objective of this study is to investigate the impact of unconventional monetary policy on inflation and economic growth in Algeria. To investigate this impact, we estimated a SVAR model, covering the period from 2006 to 2022 using quarterly data.
Hanya KHERCHI MEDJDEN, ELMAHDI MEZIANI
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The consequences of unconventional monetary policy in euro area in times of monetary easing
Research background: In this research paper, an attempt is made to evaluate the impacts of ECB’s unconventional monetary policy which has been applied after Global Financial Crisis.
Martin Pažický
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