Similar Search Results

The role of central bank knowledge and trust for the public's inflation expectations

Mellina, Sathya; Schmidt, Tobias - 2018

conducted among individuals living in Germany. Although most respondents assume that they have a good or very good knowledge of …

Persistent link: https://www.econbiz.de/10011897980

Foreign exchange interventions and their impact on expectations : evidence from the USD/ILS options market

Hertrich, Markus; Nathan, Daniel - 2022

Using confidential daily data, we analyse how the intervention episode of the Bank of Israel (BOI) from 2013 to 2019 has affected the foreign value of the Israeli new shekel (ILS) and the expectations about its future value. We find that interventions amounting to US dollar (USD) 1 billion are...

Persistent link: https://www.econbiz.de/10013259481

Global monetary and financial spillovers : evidence from a new measure of Bundesbank policy shocks

Cloyne, James S.; Hürtgen, Patrick; Taylor, Alan M. - 2022

monetary contraction. But given Germany's central role in the European Monetary System (EMS), we can also shed light on debates …

Persistent link: https://www.econbiz.de/10013361910

The financial market effects of the ECB's asset purchase programs

Lewis, Vivien; Roth, Markus - 2017

to non-financial firms. Using a structural vector autoregression analysis, we find both in the euro area and in Germany a … beneficial effect is overturned in the medium run. In Germany, implicit firm default rates rise, while loan write-offs by banks …

Persistent link: https://www.econbiz.de/10011712553

The behaviour of the MPC : gradualism, inaction and individual voting patterns

Groth, Charlotta (contributor); Wheeler, Tracy (contributor) - 2008

We evaluate the degree of gradualism and inaction in UK monetary policy over the Monetary Policy Committee (MPC) period (1997-2007) at the quarterly and the monthly frequency. After accounting for misspecification in standard Taylor rules, we find little evidence for gradualism. A measure of...

Persistent link: https://www.econbiz.de/10003642073