Similar Search Results

Sterilized intervention, nonsterilized intervention, and monetary policy

Craig, Ben R. (contributor); Humpage, Owen F. (contributor) - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001611376

The myth of a strong dollar policy

Craig, Ben R.; Humpage, Owen F. - In: The Cato journal : an interdisciplinary journal of … 22 (2003) 3, pp. 417-429

Persistent link: https://www.econbiz.de/10001778361

The tragedy of the commons and inflation bias in the euro area

Dinger, Valeriya; Steinkamp, Sven; Westermann, Frank - 2012

Central bank credit has expanded dramatically since the beginning of 2007 in some of the euro area member countries. This paper makes two contributions to understand this stylized fact. First, we discuss a simple model of monetary policy that includes (i) a credit channel and (ii) a common pool...

Persistent link: https://www.econbiz.de/10010343285

The tragedy of the commons and inflation bias in the euro area

Dinger, Valeriya; Steinkamp, Sven; Westermann, Frank - 2012

Central bank credit has expanded dramatically in some of the euro area member countries since the beginning of the financial crisis. This paper makes two contributions to understand this stylized fact. First, we discuss a simple model of monetary policy that includes (i) a credit channel and...

Persistent link: https://www.econbiz.de/10010291566

Financial Globalization and Bank Lending : The Limits of Domestic Monetary Policy?

Cao, Jin - 2018

We empirically analyze how bank lending reacts to monetary policy in the presence of global financial flows. Employing a unique and novel dataset of the funding modes and currency composition of the full population of Norwegian banks in structurally identified regressions, we show that the...

Persistent link: https://www.econbiz.de/10012921278