Search Results - subject:"Monetary Policy Reaction Function"

Evaluating the role of the exchange rate in monetary policy reaction function of advanced and emerging market economies

Fabris, Nikola; Lazić, Milena - In: Journal of Central Banking Theory and Practice 11 (2022) 2, pp. 77-96

The subject of this paper is the evaluation of monetary policy reaction function on panel data of 37 world economies … importance of the exchange rate in monetary policy reaction function depending on the level of economic development. For this … economies. The methodology of empirical research is based on the econometric assessment of monetary policy reaction function …

Persistent link: https://www.econbiz.de/10014558420

Evaluating the role of the exchange rate in monetary policy reaction function of advanced and emerging market economies

Fabris, Nikola; Lazić, Milena - In: Journal of central banking theory and practice 11 (2022) 2, pp. 77-96

Persistent link: https://www.econbiz.de/10013347050

Pandemia, inflazione e politica monetaria

Visco, Ignazio - In: Moneta e credito 74 (2021) 296, pp. 239-247

Persistent link: https://www.econbiz.de/10012808021

Monetary policy reaction function in turbulent period: The case of Nigeria

Udeaja, Elias A. - In: West African Journal of Monetary and Economic Integration 20 (2020) 1a, pp. 66-81

This paper utilizes a modified structural VAR (SVAR-X) model to analyse the process of monetary policy reaction … function in turbulent period compared to the period of tranquillity. The study finds that it is crucial to distinguish between …

Persistent link: https://www.econbiz.de/10013362927

Interest rate setting and communication at the ECB

Cour, Philippine; Jung, Alexander - 2020

Based on ordered Probit models and twenty years of euro area data, we estimate empirical reaction functions for the ECB's monetary policy and augment them with communication indicators. First, we find that the ECB responded to risks to price stability in line with its primary objective, and that...

Persistent link: https://www.econbiz.de/10012422105