Results 51 to 60 of about 4,029 (266)
The Impact of Uncertainty on Forecasting the US Economy
Journal of Forecasting, EarlyView.ABSTRACT This paper examines the predictive value of uncertainty measures for key macroeconomic indicators across multiple forecast horizons. We evaluate how different uncertainty proxies—economic policy uncertainty (EPU), VIX, geopolitical risk, and measures of macroeconomic and financial uncertainty—enhance forecast accuracy for industrial production,
Angelica Ghiselli
wiley +1 more source
On the macroeconomic and wealth effects of unconventional monetary policy
, 2017 This paper focuses on the macroeconomic and wealth effects of unconventional monetary policy. To this end, we estimate a Bayesian Structural Vector Autoregression (B-SVAR) using U.S. monthly data for the post-Lehman Brotherscollapse period.
Sousa, Ricardo M. +2 more
core +1 more source
Point and Risk estImation Using an enSemble of Models for Nowcasting: PRISM‐Now
Journal of Forecasting, EarlyView.ABSTRACT We propose PRISM‐Now, a novel ensemble forecasting system for near‐term GDP projection. Recognizing that relevant economic information evolves over time, we treat forecasts from multiple base models as draws from a mixture distribution of “good” and “bad” estimates, whose composition changes continuously and cannot be identified ex ante.
Beomseok Seo, Hyungbae Cho, Dongjae Lee
wiley +1 more source
Macroeconomic effects of unconventional monetary policy in the euro area [PDF]
I find that the Eurosystem can stimulate the economy beyond the policy rate by increasing the size of its balance sheet or the monetary base. The transmission mechanism turns out to be different compared to traditional interest rate innovations: (i ...
Peersman, Gert
core +2 more sources
CONSIDERATIONS ON THE UNCONVENTIONAL MONETARY POLICY IN CENTRAL AND EAST EUROPEAN COUNTRIES [PDF]
Analele 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
International 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
INSIDE MONEY, INVESTMENT, AND UNCONVENTIONAL MONETARY POLICY [PDF]
International Economic Review, 2017 AbstractI develop a model where banks play a central role in monetary policy transmission. By credibly committing to repayment, banks can perform liquidity transformation. Illiquid assets may pay a liquidity premium because they allow banks to create liquid assets.
openaire +5 more sources
Fundamental uncertainty and unconventional monetary policy: an info-gap approach. Bruegel Working Paper Issue 1 / 2017 [PDF]
, 2017 This paper applies the info-gap approach to the unconventional monetary policy of the Eurosystem and so takes into account the fundamental uncertainty on inflation shocks and the transmission mechanism.
Van Den End, Jan Willem +2 more
core
Household Consumption Intentions by Income Group During Monetary Policy Easing and Tightening
International 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