Showing 1 - 4 of 4
When setting monetary policy, central banks seek to aect the entire term structure of interest rates. Most central banks with a price stability or in ation mandate do this by targeting a very short-term market rate. This Letter presents a comparative analysis of the correlation between policy...
Persistent link: https://www.econbiz.de/10011148707
The Central Bank recently published a Consultation document on macro-prudential policy for residential mortgage lending including limits on loan-to-value and loan-to-income ratios. The consultation process highlighted a number of potential implications of these measures for the housing market,...
Persistent link: https://www.econbiz.de/10011183053
This Letter compiles information on central bank minutes from a number of sources. First, we look at the academic literature which suggests that central bank minutes can provide additional information above other forms of communication. Second, we make use of a comprehensive set of information...
Persistent link: https://www.econbiz.de/10011082815
This letter presents trends and stylised facts on Irish corporate liquidations. The data show that liquidations in Ireland follow the pattern of the business cycle, with the recent nancial crisis coinciding with a dramatic increase in corporate liquidations. The breakdown of liquidations by both...
Persistent link: https://www.econbiz.de/10010894710