. In this sense, the paper proposes a theoretical basis for recommendations on the application of the new monetary policy … the necessary but not easy normalization of monetary policy required at the global level. …

an attempt to stop the recession. The degree of expansiveness of monetary policy was unprecedented. As a result of … turnaround in monetary policy pursuits and a rapid rise in reference interest rates. The FED reacted much faster than the ECB and … of contractionary policies. The subject of the paper's analysis is the monetary policy of key central banks, as well as …

to monetary policy pursuit. In particular, we show that different accounting principles yield different results … concerning the equity position of a central bank's balance sheet, yet not affecting the ability to run monetary policy. …

economic course. However, the shift in monetary policy was not backed up by structural reforms and the recovery has been meagre …

We provide estimates of the transmission of monetary policy shocks from the European Central Bank to Denmark, utilizing … high-frequency changes in asset prices during policy announcements that disentangle pure monetary policy shocks from … changes in monetary policy related to the European Central Bank's assessment of the economic outlook. Contractionary monetary …

Does the effect of monetary policy depend on the prevailing level of inflation? In order to answer this question, we … policy are markedly different when year-over-year inflation exceeds 5.5 percent. Below this threshold, changes in monetary … recent "soft landing" in the United States. Above this threshold, the effects of monetary policy surprises on both inflation …

We study international monetary policy spillovers and spillbacks in a tractable two-country Heterogeneous Agent New …