Showing 1 - 10 of 385
Uma avaliação empírica da existência de racionamento de crédito, segundo Stiglitz e Weiss (1981), requer o estudo do impacto da política monetária sobre o mercado de crédito, em especial sobre a taxa de juros dos empréstimos. Desta forma, o objetivo deste artigo é analisar as...
Persistent link: https://www.econbiz.de/10009446743
published by the IMF, I test for the impact of the monetary policy instrument, the central bank's nominal interest rate, on the …
Persistent link: https://www.econbiz.de/10009460826
The inflation expectations channel of the transmission mechanism is generally recognised as crucial for the implementation of modern monetary policy. This paper briefly reviews the practices commonly employed for measuring inflation expectations in South Africa, and offers an additional method,...
Persistent link: https://www.econbiz.de/10009480482
TLTRO III, aiming to facilitate the flow of bank credit to the real economy. The new conditions encouraged an unprecedented … banks met the eligible net lending target (that is, loans to non-financial corporations and households, except loans to … sheets of this huge liquidity injection via TLTRO III, this article identifies four strategies – lending, holding reserves at …
Persistent link: https://www.econbiz.de/10013199059
country’s accounts remain healthy. In terms of monetary policy, in August the Turkish central bank resumed the process of …. • Nonetheless, macroprudential and regulatory measures were implemented to keep credit growth in check and encourage only lending to …
Persistent link: https://www.econbiz.de/10013496657
significant downturn is expected in 2023. In terms of monetary policy, the Central Bank of the Republic of Türkiye cut the policy …
Persistent link: https://www.econbiz.de/10014442859
alleviates the price puzzle. In general, prices are driven mainly by foreign factors and the European Central Bank monetary … policy shock on Slovak prices is more powerful than that of the National Bank of Slovakia. Slovak central bank interest rate …
Persistent link: https://www.econbiz.de/10009477391
was handed over to the European Central Bank. A voluntary rejection of monetary national independence and transition to ….SUMMARYBy establishing the Economic and Monetary Union (EMU) and the European Central Bank the EU made an important step towards finalization … the Euro-zone. Moreover, the EMU creates conditions for economic and monetary stability all over Europe which allows for …
Persistent link: https://www.econbiz.de/10009478178
La traslación del tipo de cambio (ERPT, por sus siglas en inglés) a los precios de importación y consumo en la Unión Europea es, en términos agregados, menor que en los años 90 y tiene un comportamiento no lineal. Estimaciones agregadas de una traslación pequeña a los precios al consumo...
Persistent link: https://www.econbiz.de/10012523788
A high inflation rate is the main obstacle prohibiting euro lead into the state, that‘s why the inflation theme is the urgent one. We analyzed the inflation not only from the economic perspective, but from the legal side too. The changes of property forms, legal tends, extent of inflation,...
Persistent link: https://www.econbiz.de/10009478992