Results 31 to 40 of about 178,733 (302)
QUANTITATIVE EASING AS THE MAIN INSTRUMENT OF UNCONVENTIONAL MONETARY POLICY
Three Seas Economic Journal, 2020 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, Funding Expectations, and Firm Decisions
Social Science Research Network, 2022 We study the transmission of (unconventional) monetary policy to the real sector when firm decisions depend on both current and future credit market conditions. For a given level of current credit access, investment and employment increases more at firms
Annalisa Ferrando +2 more
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(Un)Conventional Monetary and Fiscal Policy
SSRN Electronic Journal, 2022 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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How effective have measures by Central Banks been in mitigating the impact of financial crisis
The Spirit of Society Journal: International Journal of Society Development and Engagement, 2021 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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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. Our empirical evidence shows the existence of stable long run money demand functions even in the period of interest rates near the zero bound, both for the US economy and the euro area.
Christian Dreger, Jürgen Wolters
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Quantitative Economics, 2021 We propose a new approach to analyze economic shocks. Our new procedure identifies economic shocks as exogenous shifts in a function; hence, we call them “ functional shocks.” We show how to identify such shocks and how to trace their effects in the ...
A. Inoue, B. Rossi
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Spillovers of U.S. unconventional monetary policy to emerging markets: The role of capital flows
Journal of International Money and Finance, 2017 P. Anaya, Michael Hachula, C. Offermanns
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Cogent Economics & Finance, 2022 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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Monetary Policy and Stock/Foreign Exchange Market Liquidity: The Japanese Case [PDF]
, 2017 . This paper examines changes in liquidity of the stock market and foreign exchange market in response to monetary policy announcements of the Bank of Japan.
KURIHARA, Yutaka
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Spillovers of US Unconventional Monetary Policy to Emerging Markets: Evidence from Egypt
International Journal of Economics and Finance, 2022 This paper studies the Spillover effect of US unconventional monetary policy (UMP) on Egypt as a case study of an emerging market and a small open economy The authors adopts structural vector autoregressive (SVAR) model with variable lag structure ...
Ahmed Abdullah, A. M. Hassanien
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