Search Results - subject:"Interest rate"

Measuring the natural interest rate for the Macedonian economy : a multi-model approach

Miteski, Mite; Petrovska, Magdalena; Sulejmani, Artan - 2023

This paper identifies the natural interest rate for the Macedonian economy using quarterly data for 2001Q4-2019Q3. To …

Persistent link: https://www.econbiz.de/10014324792

The Term Structure of Inflation Forecasts Disagreement and Monetary Policy Transmission

Barbera, Alessandro; Zhu, Xingyu Sonya; Xia, Fan Dora - 2023

The term structure of inflation forecasts disagreement in the US can be summarized by two components: disagreement about the trend inflation, and disagreement about the cyclical inflation. While the former has identical impacts on forecasts disagreement across forecasting horizons, the latter...

Persistent link: https://www.econbiz.de/10014349318

Policy response to COVID-19 shock : measuring policy impacts on lending interest rates with granular data

Dassatti Camors, Cecilia; Mariño, Natalia - In: Estudios de economía 50 (2023) 2, pp. 287-308

lending view of the monetary policy by analyzing the impact of this type of policies on loans’ interest rate spread over the …

Persistent link: https://www.econbiz.de/10014450830

The Impact of interest rate spillover on output gap : a dynamic spatial durbin model

Wuri, Josephine; Hardanti, Yuliana Rini; Laurentius … - In: Economies : open access journal 12 (2024) 1, pp. 1-17

study, we examine the spillover effect of the United States (US) interest rate on the output gap of ASEAN+3 countries using … interactions and short- and long-term effects of interest rate monetary policies. The findings indicate a negative spillover effect … of the US central bank interest rate on ASEAN+3 countries' output gap. The result had significant direct and indirect …

Persistent link: https://www.econbiz.de/10014496510

On the negatives of negative interest rates

Berentsen, Aleksander; Buggenum, Hugo van; Ruprecht, Romina - 2023

Persistent link: https://www.econbiz.de/10014388461

Passive quantitative easing: bond supply effects through a halt to debt issuance

Christensen, Jens H. E.; Hetland, Simon Thinggaard - 2023 - This version: August 24, 2023

Persistent link: https://www.econbiz.de/10014391260

Regulatory reforms and price heterogeneity in an OTC derivative market

Miyakawa, Daisuke; Oda, Takemasa; Sone, Taihei - 2023

Persistent link: https://www.econbiz.de/10014430501

Forward guidance and its effectiveness : a macro finance shadow-rate framework

Koeda, Junko; Wei, Bin - 2023

Forward guidance provides monetary policy communication for an economy at the effective lower bound (ELB). In this paper, we consider both calendar- and outcome-based forward guidance about the timing of liftoff. We develop a novel macro-finance shadow rate term structure model by introducing...

Persistent link: https://www.econbiz.de/10014381169

General Bayesian time-varying parameter vector autoregressions for modeling government bond yields

Fischer, Manfred M.; Hauzenberger, Niko; Huber, Florian; … - In: Journal of applied econometrics 38 (2023) 1, pp. 69-87

Persistent link: https://www.econbiz.de/10014287924

History of Bank of Japan's more than two decades of unconventional monetary easing with special emphasis on the frameworks pursued in the last 10 years

Kowalewski, Pawel; Shirai, Sayuri - 2023

Low inflation hit the Japanese economy shortly after the burst of the bubble in stocks and real estate in 1991 and has haunted the domestic economy ever since. The bubbles were partly attributable to prolonged monetary easing in the second half of 1980s, which was conducted to increase domestic...

Persistent link: https://www.econbiz.de/10014290883