Showing 1 - 10 of 475
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
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
The possible short-run trade-off between the inflation (gap) and the output (gap) remains a critical policy issue for … any emerging economy; particularly when an implicit or an explicit inflation targeting monetary policy is considered. The … New Keynesian Phillips Curve (NKPC) has recently set up a framework on the trade-off between the inflation (gap) and the …
Persistent link: https://www.econbiz.de/10010160677
The monetary transmission mechanisms have influence on saving and investment decisions of firms and households by affecting their balance sheets. This study examines the effects of monetary policy through the balance sheet channel (also known as ‘financial accelerator’), which affects net...
Persistent link: https://www.econbiz.de/10010160671
formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and …
Persistent link: https://www.econbiz.de/10010186054
Persistent link: https://www.econbiz.de/10010185467
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
Persistent link: https://www.econbiz.de/10010160661
The era of US state branching deregulation started in 1970 and ended up with the enactment of the Riegle Neal Act of 1994. One of the purposes of the branching restriction was to avoid bank concentration. The following paper addresses the influence of the state deregulation on commercial...
Persistent link: https://www.econbiz.de/10009959097
This paper analyzes entry deterrence strategies at sequential multi-unit Englishtype repeated auctions, motivated by entry deterrence observed at a series of yearly auctions of fishing rights occurring since the early 1990s in the Chilean Sea Bass industrial fishery. It analyzes parametric...
Persistent link: https://www.econbiz.de/10009959115