Narrow search
Showing 1 - 10 of 447
Cover Image
China : Strengthening Monetary Policy Implementation
Maino, Rodolfo - 2007
The People's Bank of China (PBC) has made great strides in modernizing its monetary policy frameworks but their … money in China's monetary strategy and enhancing the role of interest rates in its conduct. We advocate adoption of an …
Persistent link: https://www.econbiz.de/10012777847
Cover Image
China's Monetary Policy Communication : Frameworks, Impact, and Recommendations
McMahon, Michael - 2019
Financial markets are eager for any signal of monetary policy from the People's Bank of China (PBC). The importance of … effective monetary policy communication will only increase as China continues to liberalize its financial system and open its …
Persistent link: https://www.econbiz.de/10012892919
Cover Image
Spillovers from China Onto Sub-Saharan Africa : Insights from the Flexible System of Global Models (FSGM)
Anderson, Derek - 2015
What is the impact of economic spillovers from China on sub-Saharan Africa (SSA)? This is an increasingly important … question because of China's growing economic role as a partner of SSA countries for both trade and the buildup of … infrastructure in the region. The impact of spillovers from China has been an open question because of the challenge to use an …
Persistent link: https://www.econbiz.de/10013012435
Cover Image
China's Monetary Policy and Interest Rate Liberalization : Lessons from International Experiences
Liao, Wei - 2014
China has been moving to a more market oriented financial system, which has implications for the monetary policy … income and the interest rate. For China, we find that the stable long-run relationship between money demand, output, and …
Persistent link: https://www.econbiz.de/10013053041
Cover Image
Monetary Policy Transmission and Policy Coordination in China
Das, Sonali; Song, Wenting - 2022
We study the transmission of conventional monetary policy in China, focusing on the interaction between monetary and …
Persistent link: https://www.econbiz.de/10013289449
Cover Image
Shock Therapy! What Role for Thai Monetary Policy?
Alp, Harun - 2012
Thailand had to endure three major shocks during 2008-2011: the global financial crisis, the Japanese earthquake, and the Thai floods of 2011. Over this period, consistent with its inflation targeting framework, the Bank of Thailand (BOT) let the exchange rate depreciate and cut interest rates...
Persistent link: https://www.econbiz.de/10013096276
Cover Image
The Effectiveness of Monetary Policy Transmission Under Capital Inflows : Evidence from Asia
Jain-Chandra, Sonali - 2012
The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large capital inflows. The main objective of this paper is to assess whether this is true for emerging Asia's...
Persistent link: https://www.econbiz.de/10013097282
Cover Image
What Drives the Polonia Spread in Poland?
Lu, Yinqiu - 2012
Since the start of the 2008 - 09 financial crisis, the Polish Overnight Index Average (POLONIA) has persistently been below the policy rate, suggesting a limited influence of the NBP's open market operations on the short-term interbank rate. In this regard, this paper analyzes the behavior of...
Persistent link: https://www.econbiz.de/10013098594
Cover Image
Household Production, Services and Monetary Policy
Lonkeng Ngouana, Constant - 2012
A distinctive feature of market-provided services is that some of them have close substitutes at home. Households may therefore switch between consuming home and market services in response to changes in the real wage - the opportunity cost of working at home - and changes in the price of market...
Persistent link: https://www.econbiz.de/10013098601
Cover Image
Lost in Transmission? The Effectiveness of Monetary Policy Transmission Channels in the GCC Countries
Cevik, Serhan - 2012
This paper empirically investigates the effectiveness of monetary policy transmission in the Gulf Cooperation Council (GCC) countries using a structural vector autoregressive model. The results indicate that the interest rate and bank lending channels are relatively effective in influencing...
Persistent link: https://www.econbiz.de/10013098603