Search Results - subject_exact:"Discount rate policy"

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Discount window borrowing and the role of reserves and interest rates

Carlson, Mark; Styczynski, Mary-Frances - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015406659

A dissonant violin in the international orchestra? : discount rate policy in Italy (1894-1913)

Di Martino, Paolo; Bagliano, Fabio C. - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014279816

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A dissonant violin in the international orchestra? : discount rate policy in Italy (1894-1913)

Di Martino, Paolo; Bagliano, Fabio C. - 2022

Book / Working Paper

A dissonant violin in the international orchestra? : discount rate policy in Italy (1894-1913)

Di Martino, Paolo; Bagliano, Fabio C. - 2022

Book / Working Paper

Can Discount Window stigma be cured? : an experimental investigation

Armantier, Olivier; Holt, Charles A. - 2024

A core responsibility of a central bank is to ensure financial stability by acting as the "lender of last resort" through its Discount Window. The Discount Window, however, has not been effective because its usage is stigmatized. In this paper, we study experimentally how such stigma can be...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014532114

Discount window stigma after the global financial crisis

Armantier, Olivier; Cipriani, Marco; Sarkar, Asani - 2024

We study Discount Window (DW) stigma, the reluctance to access the Federal Reserve's lender-of-last-resort facility, between 2014 and 2024. Despite increased usage since 2020, we find conclusive evidence that the DW is stigmatized, especially among smaller banks and when financial markets...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015135319

Lessons for the discount window from the March 2023 bank failures

MacLaughlin, Susan - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015403337

Discount window stigma : what's design got to do with it?

MacLaughlin, Susan - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015403681

Weekly Fed report still drives discount window stigma

Kelly, Steven - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015403683

Sentimental Discount Rate Shocks

Ifrim, Adrian - 2023

This paper argues that the price-dividend ratio variability is explained in a large proportion by shocks affecting the subjective distribution of capital gain expectations: sentimental discount rate shocks affecting average beliefs explain at least 30\% and disagreement shocks up to 20\% of the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014254872

Local monetary policy

Fos, Vyacheslav; Tamburelli, Tommaso; Xu, Nancy - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015418926

The Fed's discount window in "normal" times

Ennis, Huberto M.; Klee, Elizabeth - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015473016

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The Fed's discount window in "normal" times

Ennis, Huberto M.; Klee, Elizabeth - 2021

Book / Working Paper

The Fed's discount window in "normal" times

Ennis, Huberto M.; Klee, Elizabeth - 2021

Book / Working Paper

The Fed's Discount Window in "Normal" Times

Ennis, Huberto M.; Klee, Elizabeth - 2021

Book / Working Paper

The Fed'S Discount Window in "Normal" Times

Ennis, Huberto M.; Klee, Elizabeth - 2021

Book / Working Paper

Borrowing at the Discount Window : What Explains Stigma after the 2003 Reforms?

Beyhaghi, Mehdi; Gerlach, Jeffrey R. - 2022

In 2003 the Federal Reserve introduced a new Discount Window (DW) regime designed explicitlyto address the “stigma problem” associated with DW borrowing. However, anecdotal andempirical evidence suggests that the reluctance by banks to access the DW persisted after 2003,even during the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013309320

Hong Kong: temporary liquidity measures, 2008

Hoffner, Benjamin - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013447872

United Kingdom: discount window facility

Fulmer, Sean - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013448605

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United Kingdom : Discount Window Facility

Fulmer, Sean - 2022

Book / Working Paper

United States: term auction facility

Runkel, Corey N.; Chen, Anshu - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013448658

United States: Y2K special liquidity facility

Leonard, Natalie - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013448717

United States: Y2K standby financing facility

Leonard, Natalie - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013448728

Cryptomarket Discounts

Borri, Nicola; Shakhnov, Kirill - 2022

This paper studies the efficiency of the cryptocurrency market by looking at the distribution of bitcoin prices over time and across exchanges-currency pairs. We document persistent differences in relative bitcoin prices (or discounts), with a half-life of 1 day, and a distribution which is...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014238367

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Cryptomarket Discounts

Borri, Nicola - 2020

Book / Working Paper

Considerations regarding the use of the discount window to support economic activity through a funding for lending program

Carlson, Mark; Zarutskie, Rebecca - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013414334

Credit markets and the visible hand : the discount window and the macroeconomy

Conti-Brown, Peter; Skeel, David - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015085300

Nexus between discount rate and industrial performance

Khan, Ajab - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015163164

Supra-National Central Bank – Federal Reserve Interest Rate Policy Effects on Foreign Equity Markets

Rowles, Shaun - 2021

The Federal Reserve has become a Supra-National Central Bank with Monetary Policy Effects on foreign equity markets that exceed the host country’s domestic central bank policy. In this paper we utilize macroeconomic data to demonstrate an outsized effect on domestic equity markets by Federal...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013211938

Monetary policy transmission and bank interest rates in Nigeria

Eleam, Victor E.; Ekwom, Chinyelu G.; Ariolu, Chibueze C.; … - 2021

The paper examines the adjustment of retail and money market interest rates to changes in discount corridor of the monetary policy in Nigeria. A vector error correction model was adopted for this study, using monthly data from 2007:06 to 2019:12. We further accounted for structural breaks in the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013272879

Factsheets discontovoet : vragen en antwoorden over de nieuwe discontovoeten met ingang van 2021

Koopmans, Carl C.; Rhee, Gigi van - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012651411

What does the Bundesbank target?

Bernanke, Ben - 1997

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10001336630

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What Does the Bundesbank Target?

Bernanke, Ben; Mihov, Ilian - 2021

Book / Working Paper

What Does the Bundesbank Target?

Bernanke, Ben - 1996

Book / Working Paper

Recent Borrowing from the U.S. Discount Window : Some Cases

Ennis, Huberto M.; Ho, Sara; Tobin, Elliot - 2020

The Fed's discount window makes loans to depository institutions on a regular basis. Recent publicly available transaction-level data permit a closer look at the particular circumstances under which some of those loans happened. The analysis of nine specific cases produces some general insights...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014048758

The negative interest rate policy experiment

De Groot, Oliver; Haas, Alexander - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012196749

The fiscal roots of inflation

Cochrane, John H. - 2019

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012027248

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The fiscal roots of inflation

Cochrane, John H. - 2019

Book / Working Paper

The Fiscal Roots of Inflation

Cochrane, John H. - 2020

Book / Working Paper

The Fiscal Roots of Inflation

Cochrane, John H. - 2019

Book / Working Paper

The Fiscal Roots of Inflation

Cochrane, John H. - 2019

Book / Working Paper

The Fed's discount window : an overview of recent data

Ackon, Felix P.; Ennis, Huberto M. - 2018

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011821827

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The Fed's Discount Window : An Overview of Recent Data

Ackon, Felix P. - 2020

Book / Working Paper

Naïve agents with non-unitary discounting rate in a monetary economy

Futagami, Koichi; Maeda, Daiki - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014489158

Central bank lending

Madigan, Brian F.; Nelson, William R. - 2023

Central banks generally have responsibility for promoting an economy’s macroeconomic goals, such as price stability or low and stable inflation, high employment, and maximum sustainable economic growth. To do so, they typically use a number of tools such as open market operations, reserve...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014331041

Arbitrage or narrow bracketing? : on using money to measure intertemporal preferences

Andreoni, James; Gravert, Christina; Kuhn, Michael A.; … - 2018

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011977880

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Arbitrage or Narrow Bracketing? On Using Money to Measure Intertemporal Preferences

Andreoni, James - 2018

Book / Working Paper

Arbitrage Or Narrow Bracketing? On Using Money to Measure Intertemporal Preferences

Andreoni, James - 2018

Book / Working Paper

Finance, farms, and the Fed's early years

Carlin, Bruce Ian; Mann, William - 2017

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011732084

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Finance, Farms, and the Fed's Early Years

Carlin, Bruce Ian - 2017

Book / Working Paper

Finance, farms, and the Fed's early years

Carlin, Bruce - 2017

Book / Working Paper

Credibility of the Philippine central bank : evidenced by the interest rate pass-through

Nguyen, Chu V. - 2017

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011940234

The first line of defense : the discount window during the early stages of the financial crisis

Klee, Elizabeth - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013169246

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The first line of defense : the discount window during the early stages of the financial crisis

Klee, Elizabeth - 2011

Book / Working Paper

The First Line of Defense : The Discount Window During the Early Stages of the Financial Crisis

Klee, Elizabeth - 2011

Book / Working Paper

Liquidity from two lending facilities

Anbil, Sriya; Vossmeyer, Angela - 2021

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012801676

Examining the need for an adjustment of the bank rate and other policy rates in Bangladesh

Sarker, Md. Bayazid; Mondal, Md. Shamim - 2016

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011576327

Why do discount rates vary?

Kozak, Serhiy; Santosh, Shrihari - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012588361

The price puzzle revisited

Jung, Chulho; Ryu, Jay Eungha - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012205512

Overcoming discount window stigma : an experimental investigation

Armantier, Olivier; Holt, Charles A. - 2020

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012387479

Discount window stigma during the 2007-2008 financial crisis

Armantier, Olivier; Ghysels, Eric; Sarkar, Asani; … - 2015

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011480509

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Discount Window Stigma During the 2007-2008 Financial Crisis

Armantier, Olivier - 2015

Book / Working Paper

Endogenous money and the (real) rate of interest : a comment on Marc Lavoie

Betz, Karl - 2015

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011916914

Three Discount Windows

Judge, Kathryn - 2014

It is widely assumed that the Federal Reserve is the lender of last resort in the United States and that the Fed's discount window is the primary mechanism through which it fulfills this role. Yet, when banks faced liquidity constraints during the 2007–2009 financial crisis (the Crisis), the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013062075

The Discount Rate for Property

Sabal, Jaime - 2014

The CAPM is not a suitable model for real estate valuation. Practitioners get around this by discounting income property free-cash flows at a yield-implied discount rate. However, this is inaccurate because it ignores that the risk implicit in non-income cash flows, such as operating expenses,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013045121

The Price of Stability : The balance sheet policy of the Banque de France and the Gold Standard (1880-1914)

Bazot, Guillaume - 2014

Under the classical gold standard (1880-1914), the Bank of France maintained a stable discount rate while the Bank of England changed its rate very frequently. Why did the policies of these central banks, the two pillars of the gold standard, differ so much? How did the Bank of France manage to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012458111

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