Similar Search Results

New Keynesian Perspectives on Monetary Policy and the Business Cycle in Closed Economies and Monetary Unions

Mayer, Eric - 2006

zentraler Bedeutung. Die Notenbank kann bei rigiden Preisen durch geschickte Zinspolitik jener Allokation nahe kommen, die sich …

Persistent link: https://www.econbiz.de/10009433688

AGENT–BASED KEYNESIAN MACROECONOMICS - An Evolutionary Model Embedded in an Agent–Based Computer Simulation

Oeffner, Marc - 2008

Computersimulation, welche im Gebiet der Geldtheorie anzusiedeln ist. Agentenbasierte Computersimulationen sind innovative Werkzeuge, die …-Modell – neben den Sektoren der privaten Haushalte, der Konsum- und Kapitalgüterunternehmen – ein Bankensystem, die Notenbank und ein … Geldkreislauf (auf einfache Weise) integriert. Die Notenbank kontrolliert dabei die Konjunktur durch Zinspolitik; der entsprechende …

Persistent link: https://www.econbiz.de/10009433699

Die Rolle der Notenbank im Bankensystem Bulgariens unter besonderer Berücksichtigung von Basel II

Andonova, Angelina - 2005

bulgarischen Bankensystem und der Rolle der Notenbank als zentrale Instanz der Bankenaufsicht nach der Einführung von Basel II …

Persistent link: https://www.econbiz.de/10009447145

Optimal Central Bank Conservatism and Monopoly Trade Unions

Berger, Helge; Hefeker, Carsten; Schoeb, Ronnie - 2000

The “conservative central banker” has come under attack recently. Explicitly modeling the interaction of a trade union with monetary policy, it has been argued that the standard solution to the inflationary bias in monetary policy might actually be welfare reducing if the trade union has an...

Persistent link: https://www.econbiz.de/10009447268

Monetary Policy without Money: Hamlet without the Ghost

Laidler, David - 2003

Today' standard model of monetary policy has aggregate demand responding directly to an interest rate under the central bank's control, and ignores the role played by the quantity of money in the transmission mechanism. Even though monetary policy is usually aimed at controlling price level...

Persistent link: https://www.econbiz.de/10009447279

Government Intervention and Strategic Trading in the U.S. Treasury Market

Pasquariello, Paolo; Vega, Clara - 2011

We study the impact of outright (i.e., permanent) Open Market Operations (POMOs) by the Federal Reserve Bank of New York (FRBNY) on the microstructure of the secondary U.S. Treasury market. POMOs are trades in U.S. Treasury securities aimed at accomplishing the Federal Reserve’s target level...

Persistent link: https://www.econbiz.de/10009477265

Lietuvos pinigų politika

Baranovaitė, Marina - 2005

The object of the study – Lithuanian monetary policy. The purpose of the work – to estimate the level of achieved objectives of Lithuanian monetary policy and to forecast perspectives after joining to European Union. The main tasks: 1. to investigate the objectives, means and results of...

Persistent link: https://www.econbiz.de/10009478782

Loud and clear? Can we hear when the SARB speaks?

Reid M.; Du Plessis S. - 2010

Inflation targeting is a forward-looking framework for monetary policy that has brought unprecedented transparency to the process of monetary policy. This paper aims to assess the degree to which the South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has, since the introduction...

Persistent link: https://www.econbiz.de/10009480479

The sensitivity of south African inflation expectations to surprises

Reid M. - 2009

Price stability is widely recognised as the primary goal of modern monetary policy, and the management of private sector inflation expectations has become an essential channel through which this goal is achieved. This evaluation aims to improve the understanding of how the sensitivity of private...

Persistent link: https://www.econbiz.de/10009480481

Banking market integration in the SADC countries: Evidence from interest rate analyses

Aziakpono M.J.; Kleimeier S.; Sander H. - 2011

This study investigates the state, development and drivers of banking market integration in the member countries of the Southern African Development Community (SADC). A Principal Component Analysis (PCA) of national retail interest rates indicates increasing integration in loan and deposit...

Persistent link: https://www.econbiz.de/10009480502