Similar Search Results

The Taylor rule and dynamic stability in a small macroeconomic model

Chappell, David; Turner, Paul - 2003

In this paper we embed the Taylor interest rate rule in a simple macroeconomic model with Calvo contracts. We contrast this with the case in which the interest rate is determined by the conventional LM curve along with a fixed value for the monetary aggregate. We derive conditions under which...

Persistent link: https://www.econbiz.de/10009461225

Two essays on monetary policy under the Taylor rule

Goldberg, Dror (contributor); Li, Qi (contributor) - 2004

In this dissertation, two questions concerning monetary policy under the Taylor rule have been addressed. The ﬁrst question is on, under the Taylor rule, whether a central bank should be responsible for both bank supervision and monetary policy or whether the two tasks should be exercised by...

Persistent link: https://www.econbiz.de/10009464972

The difficulty of discerning what's too tight: Taylor rules and Japanese monetary policy

Posen, Adam; Kuttner, Kenneth - 2003

Observers have relied increasingly on simple reaction functions, such as the Taylor rule, to assess the conduct of monetary policy. Applying this approach to deflationary or near-zero inflation environments is problematic, however, and this paper examines two shortcomings of particular relevance...

Persistent link: https://www.econbiz.de/10009472315

How European is the European Central Bank's Monetary Policy?

Petrova, Teodora D. - 2010

and could drive their economies out of alignment (Salvatore, 2002).The literature on the topic suggests a theory also …

Persistent link: https://www.econbiz.de/10009449317

AN ANALYSIS ON MONETARY CONDITION INDEX IN TURKEY BY USING STRUCTURAL VAR ANALYSIS

AÇCI, Yunus; TASAR, Izzet - 2016

The Central Bank of Turkey (TCMB) has a significant power on aggregate demand and inflation expectation via monetary policy tools. While deciding monetary policies it’s a crucial question and a discussion topic for TCMB (Turkish Republic Central Bank) if the policy makers should take into...

Persistent link: https://www.econbiz.de/10011529234

AN ANALYSIS ON MONETARY CONDITION INDEX IN TURKEY BY USING STRUCTURAL VAR ANALYSIS

AÇCI, Yunus; TASAR, Izzet - 2016

Persistent link: https://www.econbiz.de/10015336563

Foreign Exchange Market Interventions: New Empirical Views of Emerging Markets

Brause, Alexander F. - 2010

mit den Interventionserfahrungen von Emerging Markets. Geldpolitik in Emerging Markets zeichnet sich oftmals durch eine …

Persistent link: https://www.econbiz.de/10009433706

Asymmetrische Effekte der Geldpolitik auf die Industrie in der Bundesrepublik Deutschland - eine Untersuchung auf Branchenebene

Hock, Thorsten - 2003

einer Dominanz der Geldpolitik als Angebotsschock erklärt werden. Zu einem großen Teil bleibt die identifizierte … subsectors, at least not given the used identification strategy. This could be due to the fact that this theory regards the …

Persistent link: https://www.econbiz.de/10009433722

Essays on asset pricing and the macroeconomy

Kliem, Martin - 2009

Arbeitsstunden und Löhnen in dieser Zeit erklären. Abschließend wird die Rolle der Geldpolitik während Aktienmarktbooms diskutiert …

Persistent link: https://www.econbiz.de/10009467149

Essays in empirical macroeconomics with application to monetary policy in a data-rich environment

Amir Ahmadi, Pooyan - 2010

untersuchen wir die Rolle der Geldpolitik während der Weltwirtschaftskrise in den USA. Die besondere Rolle der Geldpolitik gilt … Effekte der systematischen Komponente der Geldpolitik an. Wir finden heraus, dass der Anteil der Geldpolitik insgesamt zwar … explizit ökonomische Theorie zur Datenanalyse verwendet. Zur Identifikation makroökonomischer Schocks verwende ich sowohl …

Persistent link: https://www.econbiz.de/10009467170