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Leaning against the bubble : Central Bank intervention in Walrasian asset markets
Chang, Chia-ling; Ilomäki, Jukka; Laurila, Hannu - In: Risks : open access journal 9 (2021) 12, pp. 1-12
The paper presents a two-period Walrasian financial market model composed of informed and uninformed rational investors, and noise traders. The rational investors maximize second period consumption utility from the payoffs of trading risk-free holdings to risky assets in the first period. The...
Persistent link: https://www.econbiz.de/10012705091
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Effects of additional monetary tightening on exchange rates
Ermisoglu, Ergun; Akcelik, Yasin; Oduncu, Arif; Taskin, … - In: Eurasian economic review : a journal in applied … 4 (2014) 1, pp. 71-79
Persistent link: https://www.econbiz.de/10010512218
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Central bank balance sheet policies without rational expectations
Sergeyev, Dmitriy; Iovino, Luigi - 2018
Persistent link: https://www.econbiz.de/10011975642
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Externalités budgétaires et choix du banquier central dans une union monétaire : la délégation comme solution coopérative de second rang
Faure, Pierre F. - In: Revue économique : revue bimestrielle 52 (2001) 1, pp. 35-60
Persistent link: https://www.econbiz.de/10001702604
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"Policy-mix" et aversion optimale du banquier central pour l'inflation : pourquoi les préférences de la société sont-elles dénaturées?
Faure, Pierre F. - In: Recherches économiques de Louvain 65 (1999) 1, pp. 95-130
Persistent link: https://www.econbiz.de/10001394623
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Reflections on central banking
Njoroge, Patrick; Murinde, Victor - In: 50 years of central banking in Kenya : regional and …, (pp. 15-38). 2021
Persistent link: https://www.econbiz.de/10012806384
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Expectations about monetary policy and the behaviour of the Central Bank
Dutra, Bernardo - In: Brazilian review of econometrics : BRE ; the review of … 37 (2017) 2, pp. 153-190
Persistent link: https://www.econbiz.de/10011995993
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When can central banks anchor expectations? : policy communication and controllability
Hughes Hallett, Andrew; Di Bartolomeo, Giovanni; … - 2008
Persistent link: https://www.econbiz.de/10003793657
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Asymmetric information and rational expectations : when is it right to be "wrong"?
Demertzis, Maria; Hughes Hallett, Andrew - In: Journal of international money and finance 27 (2008) 8, pp. 1407-1419
Persistent link: https://www.econbiz.de/10003804923