. Quantitative goals take three forms: exchange rates, money growth rates, and inflation targets. We analyze the effects on inflation … determinants of inflation (such as fiscal policy, the business cycle, and openness to international trade), and the endogeneity of … the monetary policy regime. We find that both having and hitting quantitative targets for monetary policy is …

reduce loan granting, especially to firms or from banks with lower capital or liquidity ratios. Moreover, responding to …

We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks … contribute to shore up bank capital levels. Our findings suggest that banks lagging behind in their efficiency levels might …

importance of the interest rate and credit channels on business fixed investment in Germany. Our unbalanced panel of financial …

This paper reviews the literature on the finance-growth nexus within a neoclassical growth framework, placing an … Agenda. While more research is needed to establish causality and verify the theoretical channels linking access to finance … countries financial development fosters aggregate growth mainly by lowering the cost of capital, while in advanced economies by …

-term interest rates to the Bank of England’s inflation report andto macroeconomic announcements. Due to the quarterly frequency at …, the more timehas elapsed since the latest release of an inflation report, market volatility shouldincrease, the price …

a special focus on persistence of real wages,wage and price inflation. The analysis is conducted within a structural …, as well as the cointegrating properties of theestimated system. Overall, in the long run, wage and price inflation emerge …

food price shocks on a given set of countries.Secondly, we assess the importance of inflation linkages among countries, by …