Showing 21 - 30 of 129
their forecasting properties for the policy rates of the European Central Bank. In this respect the basic rules, results …
Persistent link: https://www.econbiz.de/10012034314
. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank … unterscheiden. Dies stellt eine Herausforderung für eine gemeinsame Geldpolitik dar. Hingegen verändert die Berücksichtigung von …
Persistent link: https://www.econbiz.de/10012034406
bonds of the own sovereign by the national central bank should increase the risk for the remaining private bond holders …
Persistent link: https://www.econbiz.de/10012031124
We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends on the comparison between the assessment of the banking union attractiveness and the robustness of a national safety net. The benefits of opting-in are still only potential and...
Persistent link: https://www.econbiz.de/10011575977
Building on the growing evidence on the importance of large data sets for empirical macroeconomic modeling, we estimate a large-scale FAVAR model for 18 OECD member countries. We quantify the global effects of economic policy uncertainty shocks and check whether the signs, the magnitude, and the...
Persistent link: https://www.econbiz.de/10011640939
effectiveness of central bank’s policies can be improved through more transparency and "forward guidance". We do so by highlighting … central bank communication and the management of expectations referring to a practical institutional example, we also comment … on the role of the Monetary Dialogue, i.e. the regular appearances of the President of the European Central Bank (ECB …
Persistent link: https://www.econbiz.de/10011644116
Auswirkungen der unkonventionellen Geldpolitik ist nicht trivial, da standardisierte empirische Instrumente wie die VAR … Problem zu lösen. Wir stellen fest, dass die unkonventionelle Geldpolitik zwar kurzfristig zu einem Anstieg der … beigetragen hat. Dennoch deuten sie auf einen durch die unkonventionelle Geldpolitik ausgelösten Anstieg des mittelfristigen …
Persistent link: https://www.econbiz.de/10012149519
. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank …
Persistent link: https://www.econbiz.de/10012151693
Building on the growing evidence on the importance of large data sets for empirical macroeconomic modeling, we estimate a large-scale FAVAR model for 18 OECD member countries. We quantify the global effects of economic policy uncertainty shocks and check whether the signs, the magnitude, and the...
Persistent link: https://www.econbiz.de/10012110907
Building on the growing evidence on the importance of large data sets for empirical macroe-conomic modeling, we estimate a large-scale FAVAR model for 18 OECD member countries. We quantify the global effects of economic policy uncertainty shocks and check whether the signs, the magnitude, and...
Persistent link: https://www.econbiz.de/10011691548