Results 51 to 60 of about 4,736,729 (247)

Elementy niekonwencjonalnej polityki pieniężnej Europejskiego Banku Centralnego

Studia 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 Impact of Monetary Policy Shocks on Stock Price Crash Risk

International Journal of Finance &Economics, EarlyView.
ABSTRACT This study examines the impact of monetary policy shocks (MPS) on future stock price crash risk (SPCR), using a sample of US firms from 1995 to 2019. We find that expansionary MPS significantly reduce the likelihood of SPCR, while contractionary MPS show no statistically significant effect on SPCR. These results remain robust after controlling
Shunshun Xu, Haifeng Guo, Yeqin Zeng
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

Expansionary monetary policy vs. bank concentration: The Eurozone & other European countries [PDF]

Panoeconomicus
Expansionary monetary policy combined with unconventional measures led to a decline in the profitability of U.S. and European banks. This paper studies whether such measures also affect the asset concentration in the European banking sector. The findings
Jović Željko
doaj   +1 more source

The Effects of Monetary Policy in the United Kingdom: New Evidence From SONIA Market Responses

International Journal of Finance &Economics, EarlyView.
ABSTRACT This paper constructs a new measure of the UK monetary policy instrument (MPI) using daily changes in the sterling overnight index average (SONIA) around Bank of England policy events from June 1997 to August 2025. The instrument explicitly accounts for pre‐event information and unconventional monetary policy (UMP) using lagged macro‐financial
Ayobami E. Ilori, Lucia M. Murgia
wiley   +1 more source

Unconventional monetary policy in the UK: a modern money critique [PDF]

, 2013
The ongoing Global Financial Crisis (GFC) has posed a growing challenge to the implementation of monetary stimulus measures in both sovereign (e.g. US, UK, Japan) and non-sovereign (eurozone) economies.
Watts, MJ, Sharpe, TP
core  

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

Argomenti: 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

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

Perspectives on Climate Change in Education for Sustainability: Linking Concepts and Skills for a Practical Ecological Transition

Sustainable Development, EarlyView.
ABSTRACT ‘Hard’ natural sciences have extensively been used to provide evidence that climate change is happening and climate action is needed. If the contribution of our economic activities to disturbing our climate systems is now largely accepted, the way in which we design and operationalise ‘climate action’—how we transition to more sustainable ...
Sandrine Simon
wiley   +1 more source