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Monetary policy strategy and inflation in Japan
Borrallo, Fructuoso; Río López, Pedro del - 2021
a very prolonged period of low inflation, the Bank of Japan has been modifying its monetary policy strategy over the … yield curve control policy. Despite all these efforts, Japan has continued to experience persistently low inflation, with …’s strategy in its struggle against low inflation, focusing in particular on the reasons that led it to adopt the interest rate …
Persistent link: https://www.econbiz.de/10012588241
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Estrategia de política monetaria e inflación en Japón
Borrallo, Fructuoso; Río, Pedro del
a very prolonged period of low inflation, the Bank of Japan has been modifying its monetary policy strategy over the … yield curve control policy. Despite all these efforts, Japan has continued to experience persistently low inflation, with …
Persistent link: https://www.econbiz.de/10012588242
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The impact of heterogeneous unconventional monetary policies on the expectations of market crashes
Alonso Álvarez, Irma; Serrano, Pedro; …
Este documento evalúa el impacto de los anuncios de medidas de política monetaria no convencionales de cuatro grandes bancos centrales (la Reserva Federal, el Banco Central Europeo, el Banco de Inglaterra y el Banco de Japón) sobre las probabilidades de futuras caídas bursátiles. Estas...
Persistent link: https://www.econbiz.de/10012606407
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The impact of heterogeneous unconventional monetary policies on the expectations of markets crashes
Alonso Álvarez, Irma; Serrano, Pedro; …
Summary of Banco de España Working Paper no. 2127
Persistent link: https://www.econbiz.de/10013267758
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The EURIBOR surge and bank deposit costs: an investigation of interest rate pass-through and deposit portfolio rebalancing
Ferrer Pérez, Alex; Ganics, Gergely; Molina Iserte, Ana; …
bank deposit costs and the EURIBOR. In doing so the authors employ an SVAR multivariate model that jointly includes deposit …
Persistent link: https://www.econbiz.de/10014442860
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Hedger of last resort: evidence from Brazilian FX interventions, local credit, and global financial cycles
Gonzalez, Rodrigo Barbone; Khametshin, Dmitry; Peydró, … - 2020
Este documento demuestra que las políticas de un banco central local pueden atenuar los efectos del ciclo financiero global [Global Financial Cycle (GFC)]. Para su identificación, analizamos la variación del GFC y las intervenciones del Banco Central de Brasil en los mercados derivados de...
Persistent link: https://www.econbiz.de/10012523796
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The Federal Reserve review of its monetary policy framework
Párraga, Susana; Río López, Pedro del; Vega …
Artículo de revista ; This article offers an overview of the monetary policy framework review currently being conducted by the United States Federal Reserve (Fed). First, we examine the alternative strategies under consideration to address the likely greater incidence of episodes in which...
Persistent link: https://www.econbiz.de/10012523907
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Las medidas del Banco Central Europeo y del Banco de España contra los efectos del COVID-19 en el marco de los activos de garantía de política monetaria, y su impacto en las entida...
Escolar Gómez, Jorge; Yribarren Ginel, José Ramón
Durante los meses de marzo y abril de 2020, el Banco Central Europeo (BCE) tomó una serie de medidas de política monetaria destinadas a proporcionar apoyo de liquidez al sistema financiero y facilitar el acceso a la financiación a la economía real para mitigar los efectos económicos...
Persistent link: https://www.econbiz.de/10012666473
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European Central Bank and Banco de España measures against the effects of COVID-19 on the monetary policy collateral framework, and their impact on Spanish counterparties
Escolar Gómez, Jorge; Yribarren Ginel, José Ramón
Durante los meses de marzo y abril de 2020, el Banco Central Europeo (BCE) tomó una serie de medidas de política monetaria destinadas a proporcionar apoyo de liquidez al sistema financiero y facilitar el acceso a la financiación a la economía real para mitigar los efectos económicos...
Persistent link: https://www.econbiz.de/10012666479
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Bank capitalization heterogeneity and monetary policy
Paz Luque, Peter Frank
Este trabajo muestra que la heterogeneidad de las ratios de capitalización bancaria desempeña un papel importante en la transmisión de la política monetaria a los préstamos bancarios. Primero, muestro nueva evidencia empírica sobre la dependencia de las respuestas de los préstamos...
Persistent link: https://www.econbiz.de/10013414499