Search Results - subject:"Reaction function"

Asymmetric monetary policy rules for the euro area and the US

Maih, Junior; Mazelis, Falk; Motto, Roberto; … - In: Journal of macroeconomics 70 (2021), pp. 1-27

Persistent link: https://www.econbiz.de/10013274654

Optimal constrained interest-rate rules under heterogeneous expectations

Gasteiger, Emanuel - In: Journal of economic behavior & organization : JEBO 190 (2021), pp. 287-325

Persistent link: https://www.econbiz.de/10013184147

Monetary policy rules in practice : the case of Israel

Kazinnik, Sophia; Papell, David H. - In: International review of economics & finance : IREF 76 (2021), pp. 308-320

Persistent link: https://www.econbiz.de/10013175821

What does "below, but close to, 2 percent" mean? : assessing the ECB's reaction function with real-time data

Paloviita, Maritta; Haavio, Markus; Jalasjoki, Pirkka; … - In: International journal of central banking : IJCB 17 (2021) 2, pp. 125-169

Persistent link: https://www.econbiz.de/10013197749

The methodology for assessing interest-rate policy rules : some comments

Watts, Martin J. - In: European journal of economics and economic policies : … 18 (2021) 3, pp. 275-285

Persistent link: https://www.econbiz.de/10013259263

The methodology for assessing interest-rate policy rules : a reply

Smithin, John N. - In: European journal of economics and economic policies : … 18 (2021) 3, pp. 286-292

Persistent link: https://www.econbiz.de/10013259306

Fiscal reaction function and fiscal fatigue: Evidence for the euro area

Checherita-Westphal, Cristina; Žďárek, Václav - 2017

This paper estimates a fiscal reaction function (FRF) framework for euro area countries and derives a novel approach to …

Persistent link: https://www.econbiz.de/10011667204

On the estimation of panel fiscal reaction functions: Heterogeneity or fiscal fatigue?

Everaert, Gerdie; Jansen, Stijn - 2017

This paper investigates whether fiscal fatigue is a robust characteristic of the fiscal reaction function in a panel of … debt forecasts crucially depend on the specification of the fiscal reaction function. … reaction of the primary balance to lagged debt with fiscal fatigue not being a general characteristic of the fiscal reaction …

Persistent link: https://www.econbiz.de/10011786075

Heterogeneity across emerging market central bank reaction functions

Turkay, Mesut - In: Central Bank Review (CBR) 17 (2017) 3, pp. 111-116

The purpose of this study is to analyze monetary policy reaction functions of inflation targeting emerging market economies. Heterogeneity across central bank behavior is modelled using dynamic common correlated effects estimator in a panel data framework of 15 countries. The empirical method...

Persistent link: https://www.econbiz.de/10012217555

Regras de políticas monetária e fiscal no Brasil: Evidências empíricas de dominância monetária e dominância fiscal

de Mendonça, Mário Jorge Cardoso; Moreira, Tito … - 2017

Based on the hypothesis that the rulers of monetary and fiscal policy in Brazil may have been submitted to different regimes, the present study applies Leeper model (1991; 2005) in order to identify the chronology of policy regimes regarding their active and passive character. The policy rules are...

Persistent link: https://www.econbiz.de/10011818884