Showing 1 - 10 of 813
Purpose – The purpose of this paper is to examine the degree to which central bank policy errors made the credit crisis inevitable. Design/methodology/approach – The paper did this by first observing the increasing tolerance shown by policymakers over time towards major structural...
Persistent link: https://www.econbiz.de/10014988262
worldwide recession continues to be the focal point of much analysis. Financial meltdown together with the crumbling of asset … markets and world trade ensured that few economies escaped its destructive effects. But many bailouts and fiscal stimulus … thinking that have influenced some of the world's leading organizations. Originality/value – The briefing saves busy executives …
Persistent link: https://www.econbiz.de/10015010589
Purpose – This study aims to explore the economic impact of the Great Recession on consumers' economic attitudes and …
Persistent link: https://www.econbiz.de/10014848978
Souveränität in geldpolitischen Fragen an die Europäische Zentralbank ab. Die Geldpolitik scheidet somit als Instrument der … Rezession) zukommt, so kann die Vereinheitlichung der Geldpolitik zu negativen Auswirkungen auf die konjunkturelle Entwicklung … Geldpolitik auf die Entwicklung der kurzfristigen Zinssätze analysiert, um schließlich mittels einer VAR-Analyse Aufschluß über …
Persistent link: https://www.econbiz.de/10014608685
Purpose – The purpose of this paper is to reflect on the recent banking and financial crisis in the UK. It discusses the triggers of the crisis from a UK perspective and then examines the immediate reactions in the form of short‐term policies and concludes with a discussion on longer‐term...
Persistent link: https://www.econbiz.de/10014988261
Some argue that central banks can improve monetary policy by including confidential supervisory assessments of banking organizations in their forecasts of inflation and unemployment. In this study we examine the extent to which forecasts of these variables would have been improved with the...
Persistent link: https://www.econbiz.de/10014588426
Purpose – The purpose of this paper is to relate the marginal crisis risk of Woodford to a number of financial fragility indicators. The paper expands the interest rate gap approach by considering the capital structure of investments and systemic risk, dating back to Modigliani‐Miller. The...
Persistent link: https://www.econbiz.de/10014866895
Purpose – In the recent financial crisis, many observers have assigned monetary policy a central role in the crisis. Specifically, they claim that excessively easy monetary policy by the Federal Reserve in the first half of the decade helped to cause a bubble in housing prices in the USA. The...
Persistent link: https://www.econbiz.de/10014870195
Purpose – The purpose of this paper is to examine modern monetary policy as practiced and promoted by the officials of Central Banks, with the Federal Reserve Bank of the USA and the Bank of Japan in leading roles. Design/methodology/approach – Modern monetary policy is assessed for its...
Persistent link: https://www.econbiz.de/10014870163
Purpose – The purpose of this paper is to consider the difference in the development of the central bank in two states in transition from communism to capitalism and from being parts of the Soviet Union to being independent states. Design/methodology/approach – Data and theoretical analysis...
Persistent link: https://www.econbiz.de/10014766421