Showing 61 - 70 of 352
The paper analyzes practical application of money field theory, which was published before. Using econometric and linear modeling of time-series as a basis for the analysis of Canada’s financial indicators, inferences are made towards the country’s stability and actions monetary authorities...
Persistent link: https://www.econbiz.de/10011260619
High levels of excess reserves have been a persistent feature of Jamaica’s commercial banking system within the past two decades. These reserves provide a positive impact in terms of the institutions’ ability to respond to liquidity shocks. Notwithstanding this, questions have been raised as...
Persistent link: https://www.econbiz.de/10011260653
Presented is a simplified mathematical model that describes dynamics developing on financial market after the liquidity pumping. The model is used to examine theoretical and practical implications of the monetary component of Abenomics. Based on the theoretical considerations, proposed is a...
Persistent link: https://www.econbiz.de/10011260671
We contribute to the new, albeit fast-growing empirical literature on the determinants of trust in central banks. Like in most other studies we use panel data models based on the Eurobarometer survey on trust in the European Central Bank. Firstly, we confirm the main conclusion from previous...
Persistent link: https://www.econbiz.de/10011260714
In this paper we use a new approach to throw light on the old question of the super-neutrality of money. Recent theoretical results suggest a threshold model instead of super-neutrality. To ascertain whether or not there is a threshold level of inflation above which the effect of inflation on...
Persistent link: https://www.econbiz.de/10011260868
The main aim of this paper is to know if infrastructures/technology and Foreign Direct Investment (FDI) can be consider like a cause of sub Saharan African export’s dependence against raw materials, and, for this purpose, we have assessed, in panel data, the effect of...
Persistent link: https://www.econbiz.de/10011260968
Even though the Congress and the Administration are responsible for determining fiscal policy measures, these measures impact the Fed Reserve's monetary policy decisons. The indirect effect of fiscal policy on the conduct of monetary policy through its influence on the overall economy and the...
Persistent link: https://www.econbiz.de/10011261038
Most macroeconomic models, such as the IS-LM, assume equilibrium in money markets. Since money demand is an inverse function of velocity, an inaccurate estimate of velocity will lead to errors in calculating the monetary and general equilibria. This note suggests a way to gauge the potential...
Persistent link: https://www.econbiz.de/10011201780
This paper proposed a new optimal design of Early Warning Systems (EWS) to detect early warning signals of an impending financial crisis. The problem of EWS was formulated from a policy maker's perspective. Hence the probability threshold was obtained by minimizing the policy maker's welfare...
Persistent link: https://www.econbiz.de/10011206889
Twenty-eight months after the onset of the global financial crisis of August 2008, the evidence on post-crisis GDP growth emerging from a sample of 51 advanced and emerging countries is flattering for inflation targeting countries relative to their peers. The positive effect of IT is not...
Persistent link: https://www.econbiz.de/10008866129