Showing 1 - 8 of 8
This paper looks at the relevance of a central bank's own finances for its policy work. Some central banks are exposed … the effectiveness of central bank policy transmission. Against this backdrop, the paper analyses the determinants of a … central bank's financial position and the possible implications of insufficient financial resources for policymaking. It also …
Persistent link: https://www.econbiz.de/10009787384
Persistent link: https://www.econbiz.de/10013437450
We develop a dynamic stochastic full equilibrium New Keynesian model of two open economies based on stochastic differential equations to analyse the interdependence between monetary policy and financial markets in the context of the recent financial crisis. The effect of bubbles on stock and...
Persistent link: https://www.econbiz.de/10010484315
changes in the financial conditions index of the Federal Reserve Bank of Chicago. Findings indicate that a typical EME …
Persistent link: https://www.econbiz.de/10010344608
Persistent link: https://www.econbiz.de/10002878032
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
Persistent link: https://www.econbiz.de/10011557140
Persistent link: https://www.econbiz.de/10011812190