Results 51 to 60 of about 46,625 (259)

Elementy niekonwencjonalnej polityki pieniężnej Europejskiego Banku Centralnego

open access: yesStudia i Materiały, 2017
The unconventionality of monetary policy can be considered depending on the system in which it is functioning. Talking about unconventionality monetary policy makes sense for systems that recognize price stability, priority, and factors shaping demand ...
Andrzej Raczko
doaj   +1 more source

The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises [PDF]

open access: yes, 2014
Sovereign debt crises may be driven by either self-fulfilling expectations of default or fundamental fiscal stress. This paper studies the mechanisms by which either conventional or unconventional monetary policy can rule out the former.
Corsetti, G., Dedola, L.
core   +2 more sources

Term Spread Volatility as a Leading Indicator of Economic Activity

open access: yesJournal of Forecasting, EarlyView.
ABSTRACT In this paper, we examine the macroeconomic predictive power of the volatility of the US Treasury yield curve slope (term spread volatility). Our forecasting exercise shows that US term spread volatility has significant predictive power for US industrial production and employment growth.
Anastasios Megaritis   +3 more
wiley   +1 more source

Insights into the Price Puzzle: The Impact of Main Refinancing Operations (MRO) Rate and Unconventional Monetary Policy.

open access: yesArgomenti: Rivista di Economia, Cultura e Ricerca Sociale
This paper utilizes a Structural Vector Autoregressive model (SVAR) to explore the intricacies of monetary policy and inflation dynamics in the Eurozone.
Georgios Garafas
doaj   +1 more source

Global Insights Into Term Spreads: Unveiling Their Predictive Power During Unconventional Monetary Policy

open access: yesJournal of Forecasting, EarlyView.
ABSTRACT This study investigates the predictive power of the term spread for forecasting economic activity across both conventional and unconventional monetary policy regimes. Utilizing data from 22 OECD countries spanning the period from 1985Q1 to 2024Q2, the analysis reveals that the term spread generally maintains its ability to predict GDP growth ...
Petri Kuosmanen, Juuso Vataja
wiley   +1 more source

An Investigation of the Relationship Between Central Bank Unconventional Monetary Policy and Bitcoin Activity

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT This article investigates whether the unconventional monetary policy (UMP) measures pursued by the Federal Reserve, the Bank of England, the Bank of Japan, and the European Central Bank since the Global Financial Crisis (GFC) are associated with an appetite for cryptocurrency.
Niamh Wylie, Martha O'Hagan‐Luff
wiley   +1 more source

CONSIDERATIONS ON THE UNCONVENTIONAL MONETARY POLICY IN CENTRAL AND EAST EUROPEAN COUNTRIES [PDF]

open access: yesAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2019
Over more than a decade after the outbreak of the recent financial crisis, we can say that its effects are still visible in the economic world. In order to overcome this crisis, central banks had to rethink the interaction between the financial economy
MĂRGĂRIT MONICA-IONELIA
doaj  

Household Consumption Intentions by Income Group During Monetary Policy Easing and Tightening

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT We investigate how the monetary policy interest rate affects Brazilian households' consumption intentions under two distinct regimes: monetary easing and tightening cycles. Using data from low‐ and high‐income households, we assess both the magnitude and the dynamics of this relationship.
Helder Ferreira de Mendonça   +1 more
wiley   +1 more source

Impact of Sovereign Debt Maturity on Fiscal Sustainability

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT This study is the first to investigate the impact of the term structure of public debt on fiscal sustainability. We adopt the widely used backward‐looking measure of fiscal sustainability—fiscal responsiveness as proposed by Bohn. Using data from De Graeve and Mazzolini and focusing on a sample of 19 most developed countries, we demonstrate ...
António Afonso   +3 more
wiley   +1 more source

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