Showing 1 - 10 of 141
All over the world, banks have been undergoing crisis, but the Nigerian experience has been hazardous to the country’s financial sector stability. Against this scenery, this paper investigates some cost efficiency correlates of a set of fifteen deposit money banks in Nigeria over the period...
Persistent link: https://www.econbiz.de/10010058682
adopt flexible inflation targeting as part of a broad reform package that includes improved financial regulation and fiscal … economies. -- monetary policy ; asset prices ; inflation targeting ; macroeconomic stability …
Persistent link: https://www.econbiz.de/10010148273
major role on the phase of the short-term interest rates in Eastern European countries implementing inflation targeting …
Persistent link: https://www.econbiz.de/10010148062
This paper examines the effect of target Federal funds rate changes on major five foreign exchange markets: Canada, Australia, Euro, Japan and the UK during the period from 2000 to 2007. Two different approaches of Rai, Seth and Mohanty (2007) and the event study of Brown and Warner (1980, 1985)...
Persistent link: https://www.econbiz.de/10010148088
We investigate the money-market impact of the reform of the operational framework of the European Central Bank that took place in March 2004. We estimate a structural bivariate GARCH model with the overnight rate and 1-year swap rate, where identifying restrictions are imposed on the conditional...
Persistent link: https://www.econbiz.de/10010148282
inflation targeting by using nominal interest rate as a monetary policy tool in free floating exchange rate regime. Our …. -- inflation targeting ; Taylor rule ; Hybrid McCallum-Taylor rule ; generalized methods of moments ; limited information maximum …
Persistent link: https://www.econbiz.de/10010058693
Mit der Krise im Euroraum hat die Frage nach der institutionellen Ausgestaltung der Währungsunion an Bedeutung gewonnen. Ein Problem im Hinblick auf die längerfristige Stabilität des Euroraums ist das Fehlen von Mechanismen, die nur in einzelnen Ländern auftretende konjunkturelle Schocks...
Persistent link: https://www.econbiz.de/10010079478
equation to estimate the relative efficiency of different bank groups in India. The estimation using EG value is more accurate …
Persistent link: https://www.econbiz.de/10010148069
The paper examines the proposed Economic and Monetary Union for ECOWAS sub-region and provide a comprehensive evidence based on European Union experience of what ECOWAS common currency stand to gain in terms of both Intra and Inter flow of FDI. Evidence from the reviewed literature revealed...
Persistent link: https://www.econbiz.de/10010058671
The article aims at determining the inflation influence between Poland and selected EU member states. Although for some … time the general inflation level in those countries was definitely controllable, the problem seems to be returning. That is … determine inflation influences on Poland. The study confirmed the impact of the selected countries on Polish inflation …
Persistent link: https://www.econbiz.de/10010009393