Similar Search Results

Inflation: thruway of ECB's monetary policy

Seidl, Christian - 2023

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

Persistent link: https://www.econbiz.de/10013553631

Central bank collateral frameworks

Nyborg, Kjell G. - 2015

This paper seeks to inform about a feature of monetary policy that is largely overlooked, yet occupies a central role in modern monetary and financial systems, namely central bank collateral frameworks. Their importance can be understood by the observation that the money at the core of these...

Persistent link: https://www.econbiz.de/10011296085

Inflation and core money growth in the euro area

Neumann, Manfred J. M.; Greiber, Claus - 2004

This paper studies the importance of money for inflation in the euro area. An inflation equation is derived from a … small model that combines the supply and demand for money with a Phillips curve and the assumption that inflation … expectations develop adaptively. The model's solution attributes an impact on inflation not to actual money growth but to its core …

Persistent link: https://www.econbiz.de/10010295663

From antigrowth bias to quantitative easing : the ECB's belated conversion?

Bibow, Jörg - 2016

This paper investigates the European Central Bank's (ECB) monetary policies. It identifies an antigrowth bias in the bank's monetary policy approach: the ECB is quick to hike, but slow to ease. Similarly, while other players and institutional deficiencies share responsibility for the euro's...

Persistent link: https://www.econbiz.de/10011481632

The Euro's savior? : assessing the ECB's crisis management performance and potential for crisis resolution

Bibow, Jörg - 2015

This study assesses the European Central Bank’s (ECB) crisis management performance and potential for crisis resolution. The study investigates the institutional and functional constraints that delineate the ECB’s scope for policy action under crisis conditions, and how the bank has actually...

Persistent link: https://www.econbiz.de/10011349470

Does liquidity regulation impede the liquidity profile of collateral?

Schmidt, Kirsten - 2019

We analyze the pledging behavior of Euro area banks during the introduction of the liquidity coverage ratio (LCR). The LCR considers only a subset of central bank eligible assets and thereby offers banks an arbitrage opportunity to improve their regulatory ratio by altering their collateral...

Persistent link: https://www.econbiz.de/10011994641

Financial stability and monetary policy

Hellwig, Martin - 2015 - This version: April 1, 2015

The paper gives an overview over issues concerning the role of financial stability in monetary policy. Historically, financial stability has figured highly among central banks ́objectives, with policy measures ranging from interest rate stabilization to serving as a lender of the last resort....

Persistent link: https://www.econbiz.de/10011301235

Public support for the euro and trust in the ECB : the first two decades of the common currency

Roth, Felix; Jonung, Lars - 2019

This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 , using a unique set of data not available for any other currency. We focus on the role of economic factors in determining the popularity o f the euro. We find that a majority of...

Persistent link: https://www.econbiz.de/10012007047

The European Central Bank and why things are the way they are : a historic monetary policy pivot point and moment of (relative) clarity

Dubois, Robert - 2012

Policy ; Fiscal Policy ; European Central Bank ; European Monetary Union ; Debt Monetization ; Euro ; Basel ; Sovereign Debt …

Persistent link: https://www.econbiz.de/10009503821

The monetary policy of the ECB : a Robin Hood approach?

Drometer, Marcus; Siemsen, Thomas; Watzka, Sebastian - 2013

We derive four sets of counterfactual national interest rate paths for the 17 Euro Area countries for the time period 1999 to 2012. They approximate desirable national interest rates countries would have liked to implement if they could still conduct independent monetary policy. We find that...

Persistent link: https://www.econbiz.de/10009724004

1
2
3
4
5
6
7
8
9
10
Next
Last