Showing 1 - 4 of 4
This paper examines the methods used by the Bank of Japan for the estimation of the output gap. Attention is paid to …
Persistent link: https://www.econbiz.de/10010295641
accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … Japan, Bank of England und Federal Reserve System). Im zweiten Teil stellen wir eine Theorie über die Rechenschaftspflicht …
Persistent link: https://www.econbiz.de/10010295694
This paper re-investigates the implications of monetary policy rules on changes in exchange rate, in a risk-adjusted, uncovered interest parity model with unrestricted parameters, emphasizing the importance of modeling market expectations of monetary policy. I use consensus forecasts as a proxy...
Persistent link: https://www.econbiz.de/10010305998
We study how credit supply shocks in the US, the euro area and Japan are transmitted to other economies. We use the … effects on domestic and foreign GDP, compared to credit supply shocks from the euro area and Japan. Domestic and foreign …
Persistent link: https://www.econbiz.de/10010307706