Similar Search Results

Evaluating monetary policy effectiveness in North Macedonia : evidence from a Bayesian FAVAR Framework

Petrovska, Magdalena; Tonovska, Jasna; Nikolov, Miso; … - 2023

This paper has adopted a Bayesian FAVAR approach to examine the monetary transmission mechanism in North Macedonia. The model is based on a broad data set that encompasses 140 monthly time series spanning between January 2010 and January 2019. In particular, the impact of policy on bank...

Persistent link: https://www.econbiz.de/10013549755

The spillover of euro area shocks to the Maltese economy

Gatt, William; Ruisi, Germano - 2022

the Maltese economy. The model focuses on five broad macroeconomic shocks hitting the euro area; an aggregate demand shock … global market for oil, a generic monetary policy shock encompassing both conventional and unconventional interventions, and a … financial stress shock. The model is estimated using Bayesian methods over a sample that goes from 2003Q1 to 2019Q4 and …

Persistent link: https://www.econbiz.de/10012818649

Systemic sovereign risk : macroeconomic implications in the Euro Area

Bahaj, Saleem A. - 2014

Persistent link: https://www.econbiz.de/10010359485

Hawks vs. Doves : ECB's monetary policy in light of the Fed's policy stance

Hauzenberger, Niko; Huber, Florian; Zörner, Thomas - 2023

The secular increase in globalization led to a substantial increase in the interconnectedness of global financial markets. This has important implications for the conduct of monetary policy, as central bank policies may diverge across countries, potentially affecting key transmission channels of...

Persistent link: https://www.econbiz.de/10014445207