Showing 1 - 10 of 17,022
We study nominal exchange rate dynamics in the aftermath of U.S. monetary policy announcements. Using high-frequency interest rate and stock price movements around FOMC announcements, we distinguish between pure monetary policy shocks and information shocks, which are associated with new...
Persistent link: https://www.econbiz.de/10012591177
The paper analyses in light of Austrian and Keynesian economic theory the impact of conventional and unconventional monetary policies as therapies for financial crises. It compares the financial market stabilization measures of the Federal Reserve System and the European System of Central Banks...
Persistent link: https://www.econbiz.de/10012837553
The paper analyses in light of Austrian and Keynesian economic theory the impact of conventional and unconventional monetary policies as therapies for financial crises. It compares the financial market stabilization measures of the Federal Reserve System and the European System of Central Banks...
Persistent link: https://www.econbiz.de/10012197673
This paper investigates the nexus between monetary stability and financial stability. We examine, in the experience of EMU between 1994 and 2008, first, the response of the term structure of interest rates, share prices, exchange rates, property price inflation and the deposit-loan ratio of the...
Persistent link: https://www.econbiz.de/10013075240
Many commentators have argued that if the Federal Reserve had followed a stricter monetary policy earlier this decade when the housing bubble was forming, and if Congress had not deregulated banking but had imposed tighter financial standards, the housing boom and bust - and the subsequent...
Persistent link: https://www.econbiz.de/10013155688
the bond market and its volatility; (2) the first two announcements did not exert any impact on the financial market, but … the third and fourth announcements helped to compress the yield and its volatility; (3) the program helped to restrain the … exchange rate depreciation and volatility in the foreign exchange market; and (4) the impact of the announcements on stock …
Persistent link: https://www.econbiz.de/10013198715
Persistent link: https://www.econbiz.de/10011412012
Persistent link: https://www.econbiz.de/10012284683
Persistent link: https://www.econbiz.de/10011564408
Persistent link: https://www.econbiz.de/10012204079