Narrow search
Showing 1 - 10 of 1,166
Cover Image
What Measures Chinese Monetary Policy?
Sun, Rongrong - Volkswirtschaftliche Fakultät, … - 2014
search for a valid good policy indicator for Chinese monetary policy. The model disentangles endogenous components in changes … single indicator represents Chinese monetary policy well for the 2000-2013 time period. Second, its operating procedure is …, we construct a new composite indicator of the overall policy stance, consistent with our model. A comparison with several …
Persistent link: https://www.econbiz.de/10011107587
Cover Image
Modèle multi pays dans les pays de la zone franc
Dramani, Latif - Volkswirtschaftliche Fakultät, … - 2007
La disponibilité d’un modèle de simulation est d’un grand secours pour le décideur public car un tel outil remplit des fonctions aussi importantes que celles de support à la définition des programmes économiques et financiers, d’instrument de dialogue avec les partenaires au...
Persistent link: https://www.econbiz.de/10005621320
Cover Image
El fortalecimiento institucional de los bancos centrales
Heinrich, Gregor - Volkswirtschaftliche Fakultät, … - 2010
Annotated remarks made at the 50th Anniversary Conference “Fortalecimiento institucional de los bancos centrales y efectividad de la política monetaria”, of the Central Bank of Nicaragua, February 2010. The paper lays out the importance of institutional strenthening (governance) as an...
Persistent link: https://www.econbiz.de/10011258861
Cover Image
Decizii strategice ale politicii monetare
Dumitriu, Ramona; Stefanescu, Răzvan - Volkswirtschaftliche Fakultät, … - 2013
The conduct of the monetary policy could be view as a series of decisions in which the objectives and tools are chosen. This paper explores some aspects of the strategic decisions of the monetary policy such as the roles played by central banks and other public authorities, the main constraints...
Persistent link: https://www.econbiz.de/10011259520
Cover Image
Graph representation of balance sheets: from exogenous to endogenous money
Pitrou, Cyril - Volkswirtschaftliche Fakultät, … - 2015
A graph representation of the financial relations in a given monetary structure is proposed. It is argued that the graph of debt-liability relations is naturally organized and simplified into a tree structure, around banks and a central bank. Indeed, this optimal graph allows to perform payments...
Persistent link: https://www.econbiz.de/10011262872
Cover Image
Monetary Policy under Rule-of-Thumb Consumers and External Habits: An International Empirical Comparison
Dibartolomeo, Giovanni; Rossi, Lorenza; Tancioni, … - Volkswirtschaftliche Fakultät, … - 2004
This paper develops a simple New Keynesian Dynamic Stochastic General Equilibrium (DSGE) model with rule-of-thumb consumers and external habits. Our theoretical model has a closed-form solution which allows the analytical derivation of its dynamical and stability properties. These properties are...
Persistent link: https://www.econbiz.de/10005836556
Cover Image
Credit Monitoring in the USA and EU Countries
Kadish, Peter - Volkswirtschaftliche Fakultät, … - 2010
In order to analyze current state of events in the world economy, parallel analysis with the country that has gone through boom cycle in real estate and financial asset prices (as US did during the last decade) and sudden consequential bust in mid 70s and late 80s (USA 2007), namely Japan, is...
Persistent link: https://www.econbiz.de/10008532167
Cover Image
Holiday Price Rigidity and Cost of Price Adjustment
Levy, Daniel; Müller, Georg; Chen, Haipeng; Bergen, Mark; … - Volkswirtschaftliche Fakultät, … - 2008
The Thanksgiving-Christmas holiday period is a major sales period for US retailers. Due to higher store traffic, tasks such as restocking shelves, handling customers’ questions and inquiries, running cash registers, cleaning, and bagging, become more urgent during holidays. As a result, the...
Persistent link: https://www.econbiz.de/10005616644
Cover Image
Dynamics of Sticky Information and Sticky Price Models in a New Keynesian DSGE Framework
Arslan, Mesut Murat - Volkswirtschaftliche Fakultät, … - 2007
Recent literature on monetary policy analysis extensively uses the sticky price model of price adjustment in a New Keynesian Macroeconomic framework. This price setting model, however, has been criticized for producing implausible results regarding inflation and output dynamics. This paper...
Persistent link: https://www.econbiz.de/10005621721
Cover Image
Balance Sheet Channel of Monetary Policy and Economic Growth under Fiscal Dominance: Evidence from Pakistan
Shabbir, Safia - Volkswirtschaftliche Fakultät, … - 2012
Using micro data on non-financial listed companies in Pakistan, over the period of 2000-2010, this paper emphasizes over the impact of monetary policy on economic growth through balance sheet channel. At first step, monetary tightening deteriorates the net worth of the firms and leads to cash...
Persistent link: https://www.econbiz.de/10011107430