Search Results - subject:"Monetary analysis"

Evolution of the ECB's analytical framework

Holm-Hadulla, Fédéric; Musso, Alberto; Rodriguez … - 2021

This paper discusses the role of economic and monetary analysis in the monetary policy strategy of the European Central … key economic relationships. Similarly, monetary analysis has shifted in focus: while the 2003 review emphasised the … of monetary analysis has increasingly been redirected to the assessment of monetary policy transmission. This evolution …

Persistent link: https://www.econbiz.de/10012661659

Evolution of the ECB's analytical framework

Holm-Hadulla, Fédéric; Musso, Alberto; Rodriguez … - 2021

Persistent link: https://www.econbiz.de/10012650792

Have monetary data releases helped markets to predict the interest rate decisions of the European Central Bank?

Jung, Alexander - 2016

This paper examines whether monetary data releases by the European Central Bank (ECB) have provided markets with additional clues about the future course of its monetary policy. It conducts a novel econometric approach based on a combination of an Ordered Probit model explaining future policy...

Persistent link: https://www.econbiz.de/10011605971

Monetary analysis and the global financial cycle: an Asian central bank perspective

Filardo, Andrew; Genberg, Hans; Hofmann, Boris - Bank for International Settlements (BIS) - 2014

EM Asia has seen a transformation of its monetary policy environment over the past 2 decades. By far, the most relevant change has been the maturing of its financial systems and the growing relevance of the global financial cycle: financial inclusion has spread, financial markets have deepened...

Persistent link: https://www.econbiz.de/10010934388

Monetary analysis and the global financial cycle : an Asian central bank perspective

Filardo, Andrew J.; Genberg, Hans; Hofmann, Boris - 2014

Persistent link: https://www.econbiz.de/10010433937

Procyclicality and the Search for Early Warning Indicators

Shin, Hyun Song - International Monetary Fund (IMF) - 2013

This paper compares three types of early warning indicators of financial instability â€“ those based on financial market prices, those based on normalized measures of total credit and those based on liabilities of financial intermediaries. Prices perform well as concurrent indicators of...

Persistent link: https://www.econbiz.de/10011142177

Money As Indicator for the Natural Rate of Interest

Berger, Helge; Weber, Henning - International Monetary Fund (IMF) - 2012

The natural interest rate is of great relevance to central banks, but it is difficult to measure. We show that in a standard microfounded monetary model, the natural interest rate co-moves with a transformation of the money demand that can be computed from actual data. The co-movement is of a...

Persistent link: https://www.econbiz.de/10009650625

Monetary analysis: The question of the nature and the role of money

Stellian, Rémi - In: Lecturas de Economía (2012) 76, pp. 293-327

upon money. The latter as a starting point thus gives rise to monetary analysis. The conception of money in monetary … analysis, as a unit that allows economic magnitudes to be expressed, and as the means to settle the transactions associated …

Persistent link: https://www.econbiz.de/10010692901

When Ricardo saw profit, he called it rent: on the vice of parochial realism

Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011

of analysis that became paradigmatic. The present paper applies a consistent real and monetary analysis, which is based …

Persistent link: https://www.econbiz.de/10009325561

Lessons for Monetary Policy; What Should the Consensus Be?

Issing, Otmar - International Monetary Fund (IMF) - 2011

This paper outlines important lessons for monetary policy. In particular, the role of inflation targeting, which was much acclaimed prior to the financial crisis and since then has not lost much of its endorsement, is critically reviewed. Ignoring the relation between monetary policy and asset...

Persistent link: https://www.econbiz.de/10009019599