This brief exposition suggests that the Federal Reserve System temporarily guarantee a lower bound on stock prices in …, consequences, and some alternatives. It is meant as a policy suggestion in case the recapitalization of banks, agreed upon in mid …-October 2008, turns out to be insufficient for stabilizing financial markets and the downward spiral in asset prices resumes. …

Currently, many monetary and fiscal policy measures are aimed at preventing the financial market meltdown that started … policies we in particular propose a countercyclical monetary policy that sells assets in the boom and purchases assets in …. -- Monetary Business Cycles ; Portfolio Choice ; (In-)Stability ; Stabilizing Policy Measures …

the US subprime housing sector was only prevented by extraordinary monetary and fiscal policy measures implemented at the … macroeconomies. Besides other stabilizing policies we in particular propose a countercyclical monetary policy that sells assets in … effects of those suggested policies. -- Monetary business cycles ; portfolio choice ; (in-)stability ; stabilizing policy …

substantially expands the traditional vector error correction approach, to analyze the short run impact of money on prices. We … assumed to be constant. Finally, we use our model to illustrate the consequences of the monetary policy of the Fed that has …

This paper analyses the monetary and fiscal policy implications of output gap estimates in times of crisis. The … indicated by “positive” Taylor rules, output gaps influence policy-controlled interest rates and are in principle important … indicators to guide monetary policy decisions. However, these gaps are estimated with a large margin of uncertainty, especially …

period, the volatility of inflation and output rise quick and sharply. Thus, an excessive forward guidance policy may …

internationally coordinated policy actions, especially during crisis times. …

This paper assesses the existence of a balance sheet channel of monetary policy transmission in Nigeria by examining … deposit money banks (DMBs) balance sheets, and ultimately reflects in output and prices. Using quarterly macroeconomic data … investigate the linkages between policy, DMB balance sheet, output and price. The results reveal the existence of a balance sheet …