Results 81 to 90 of about 178,733 (302)
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
Household Consumption Intentions by Income Group During Monetary Policy Easing and Tightening
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
Heterogeneous consumers, demand regimes, monetary policy and equilibrium determinacy [PDF]
This paper investigates the effects of monetary policy in presence of heterogeneous consumers. We study the effectiveness (quantitative effects) of monetary policy and equilibrium determinacy properties of a New Keynesian DSGE model where a fraction of ...
Di Bartolomeo Giovanni, Rossi Lorenza
core +3 more sources
ECB policy responses between 2007 and 2014: A chronological analysis and an assessment of their effects [PDF]
The paper analyses the monetary policy responses of the European Central Bank (ECB) to the global financial crisis and the European sovereign debt crisis. Our goals are on the one hand to explain chronologically the main measures in conventional
Rodríguez Carlos, Carrasco Carlos A.
doaj +1 more source
Heterogeneous Effects of Unconventional Monetary Policy on the Bond Yields across the Euro Area
This paper investigates the impact of European Central Bank's unconventional monetary policies between 2008-2016 on the government bond yields of eight European Monetary Union countries and up to eleven different maturities.
Ishak Demir +2 more
semanticscholar +1 more source
Impact of Sovereign Debt Maturity on Fiscal Sustainability
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
The recent financial crisis led central banks to lower their interest rates in order to stimulate the economy until they hit the zero lower bound. How should one identify monetary policy shocks in unconventional times?
B. Rossi
semanticscholar +1 more source
What Explains International Interest Rate Co‐Movement?
ABSTRACT The international co‐movement of interest rates reflects correlated business‐cycle fluctuations, largely driven by demand shocks. Monetary policy in advanced economies follows domestic mandates—inflation and the output gap—and does not respond to foreign policy shocks.
Annika Camehl, Gregor von Schweinitz
wiley +1 more source
The triple shocks of the financial crisis, sovereign debt crisis, and COVID-19 pandemic have exerted significant impact on the financial markets in the Eurozone.
Lin Guo, Zhanpeng Wang
doaj +1 more source
The Effectiveness of Credit Policy: Evidence from the Republic of Korea
In response to the global financial crisis and subsequent Great Recession, central banks embarked on a variety of unconventional measures. Among others, credit policy has been widely employed in many advanced economies. However, credit policy is far less
Jiho Lee
doaj +1 more source

