Showing 1 - 10 of 380
Purpose – The latest generation of research into macroeconomic policy has turned from more technical aspects of optimal control and expectations formation to consideration of the policymaking institutions themselves. More and more countries have moved towards greater degrees of central bank...
Persistent link: https://www.econbiz.de/10014866854
mandatory regulation data are obtained from the World Bank database, while stock market stability is gauged for 385 listed banks …
Persistent link: https://www.econbiz.de/10014870808
Purpose – The purpose of this paper is to demonstrate that both the reputation of the monetary authority and the credibility of the regime of inflation targeting are important to reduce the inflation bias and the effort of the monetary authority in an emerging economy....
Persistent link: https://www.econbiz.de/10014864629
. Originality/value – Our study provides a unique insight into the evaluation of post-GFC policy response and its effectiveness with …
Persistent link: https://www.econbiz.de/10014870803
comprehensive survey of world major 24 SWFs with assets under management of 500 million USD between 2008 and 2012. Key dimensions …
Persistent link: https://www.econbiz.de/10014870841
government bonds to measure the effects of news during the global financial crisis (GFC). Design/methodology/approach Using … standard event study methodology, the authors want to see if a surprise (originating from macroeconomic news and GFC events … surprises in the period before, during and after the GFC. Findings The results show that there was resilience and decoupling of …
Persistent link: https://www.econbiz.de/10014864682
Purpose The purpose of this study is to provide new cross-country evidence on the relation between real estate investment trust (REIT) returns and idiosyncratic risk for samples of listed and unlisted REITs in the US and Australia. Design/methodology/approach Five alternative models with...
Persistent link: https://www.econbiz.de/10014676784
Several European countries adopted inflation targeting as a monetary policy strategy during the 1990s. This article evaluates the impact of the establishment of this policy framework on the dynamics of inflation for three countries: United Kingdom, Spain and Finland. While smaller shocks...
Persistent link: https://www.econbiz.de/10014588418
Purpose The purpose of this paper is to investigate whether there is room for a stabilising fiscal policy, through an analysis of the supporters of the new classical economics and the supporters of the new Keynesian economics. There are no reliable results on the Keynesian and non-Keynesian...
Persistent link: https://www.econbiz.de/10014864099
the difficulties faced around the world in both developed and developing countries. A defence for future crises alongside …
Persistent link: https://www.econbiz.de/10014615432