Showing 1 - 10 of 1,214
factors (uncertainty caused by the Global Financial Crisis and the Pandemic Crisis) on transaction and precautionary demand … has been on the rise as well and we can observe a particularly high level of growth demand for banknotes during crisis …
Persistent link: https://www.econbiz.de/10014316654
Purpose - The study aims to determine the long and short-term causal relationships between the variables associated with the adjustment of monetary policy and the stock market in India in the presence of structural breaks. Design/methodology/approach - The study employed the autoregressive...
Persistent link: https://www.econbiz.de/10015163511
The paper examines the factors of global inflation acceleration in 2021-2022. We consider primarily the developed … supply, which encountered persistent constraints associated with interruptions in global supply chains. Significant support …The paper examines the factors of global inflation acceleration in 2021–2022. We consider primarily the developed …
Persistent link: https://www.econbiz.de/10015394329
Aim: In this article, the state of the discourse concerning the final goal of the modern central bank is presented, in particular the aim of price stability, understood as low and stable inflation. Design/Research methods: The article was prepared on the basis of scientific publications in the...
Persistent link: https://www.econbiz.de/10013198396
-financial crisis and to confront the extent of the output responses with the synchronisation of quantitative easing and expansionary … during the financial crisis and in the US during the non-financial crisis. The findings confirm the idea that quantitative … expansion, i.e. after the pandemic (non-financial crisis). The scientific value of the paper is that it fills the gap in current …
Persistent link: https://www.econbiz.de/10015425651
Since Barnett derived the user cost price of money, the economic theory of monetary services aggregation has been developed and extended into a field of its own with solid foundations in microeconomic theory. Divisia monetary aggregates have repeatedly been shown to be strictly preferable to...
Persistent link: https://www.econbiz.de/10012626752
Changes in interest rates, inflation, and exchange rates are the main components of macroeconomic risks (financial risks) in projects evaluation. However, the conduct of monetary policy as well as its impact on the economic environment is seldom considered as an important component of...
Persistent link: https://www.econbiz.de/10014436574
This study examines the asymmetrical effects of unemployment and output on inflation in Greece. It applies a nonlinear autoregressive distributed lag model to focus on how positive and negative economic indicator fluctuations impact inflation. The empirical findings indicate an asymmetric and...
Persistent link: https://www.econbiz.de/10015198598
in times of crisis. We compute an optimal simple rule for the EA and the US in an environment with the effective lower …
Persistent link: https://www.econbiz.de/10012650006
This paper reconsiders the narratives surrounding Japan's economic performance since the 1980s in relation to the experiences of the U.S. and the Eurozone. There are important differences between these three economies and some striking parallels. It is found that the poor reputation of the Bank...
Persistent link: https://www.econbiz.de/10012816140