Search Results - subject:"Shadow rate"

A shadow rate or a quadratic policy rule? : the best way to enforce the zero lower bound in the United States

Andreasen, Martin Møller; Meldrum, Andrew - 2018

We study whether it is better to enforce the zero lower bound (ZLB) in models of U.S. Treasury yields using a shadow … rate model or a quadratic term structure model. We show that the models achieve a similar in-sample fit and perform …

Persistent link: https://www.econbiz.de/10012016103

The negative interest rate policy and the yield curve

Wu, Jing Cynthia; Xia, Fan Dora - 2018 - This draft: February 2018

Persistent link: https://www.econbiz.de/10011866748

A time series model of interest rates with the effective lower bound

Johannsen, Benjamin K.; Mertens, Elmar - 2018

Persistent link: https://www.econbiz.de/10011867112

Inferring the shadow rate from real activity

García S., Benjamín; Skaperdas, Arsenios - 2018

Persistent link: https://www.econbiz.de/10011803218

Shadow rates and spillovers across the Eurozone : a spatial dynamic panel model

Fiorelli, Cristiana; Cartone, Alfredo; Foglia, Matteo - In: Empirica : journal of european economics 48 (2021) 1, pp. 223-245

Persistent link: https://www.econbiz.de/10012487648

The COVID-19 pandemic haunting the transmission of the quantitative easing to the exchange rate

Aloui, Donia - In: Finance research letters 43 (2021), pp. 1-9

Persistent link: https://www.econbiz.de/10014633540

Svars with occasionally-binding constraints

Aruoba, S. Borağan; Mlikota, Marko; Schorfheide, Frank; … - 2021

Persistent link: https://www.econbiz.de/10012492606

International Spillovers of (Un)Conventional Monetary Policy: The Effect of the ECB and US Fed on Non-Euro EU Countries

Hajek, Jan; Horvath, Roman - 2017

We estimate a global vector autoregression model to examine the effects of euro area and US monetary policy stances, together with the effect of euro area consumer prices, on economic activity and prices in non-euro EU countries using monthly data from 2001-2016. Along with some standard...

Persistent link: https://www.econbiz.de/10011787311

Reakční funkce Evropské centrální banky

Čížek, Ondřej - In: Politická ekonomie : teorie, modelování, aplikace 65 (2017) 4, pp. 424-439

Persistent link: https://www.econbiz.de/10011853864

International spillovers of (un)conventional monetary policy : the effect of the ECB and US fed on non-euro EU countries

Hajek, Jan; Horváth, Roman - 2017

Persistent link: https://www.econbiz.de/10011729621