investment financing have dissimilar effects on future realizations of inflation and exchange rates. My findings provide evidence …I find policies targeted at stabilizing exchange rates within the context of Nigeria's managed floating exchange rate … regime have not allowed for direct inflation targeting. In spite of this constraint, which is predicted by and consistent …

formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …

I study the effect of the trending relative price of investment on the optimal target rate of inflation. The price of … of investment goods. The resulting optimal target rate of inflation is significantly positive with a median of 1 … investment has a decreasing trend relative to that of consumption because of investment-specific technological progress. If the …

formulate a model of financing. New Keynesian theory emphasizes that a firm's net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …

This paper assesses the existence of a balance sheet channel of monetary policy transmission in Nigeria by examining … channel in Nigeria with a significant impact of DMBs balance sheet composition on output growth and price. However, output and …

real interest rates are driven by variations in desired saving and investment. But based on data stretching back to 1870 … for 19 countries, our systematic analysis casts doubt on this view. The link between real interest rates and saving-investment … countries that dominate global monetary and financial conditions rather than common movements in global saving and investment …

real interest rates are driven by variations in desired saving and investment. But based on data stretching back to 1870 … for 19 countries, our systematic analysis casts doubt on this view. The link between real interest rates and saving-investment … countries that dominate global monetary and financial conditions rather than common movements in global saving and investment …

As a result of the crisis that erupted in 2008, economic activity and inflation have remained weak in the developed … years of the crisis. The slow rate of growth and persistently low inflation create new challenges for monetary policy. The … years, implying that short-term inflation surprises are not only being caused by developments in the energy market. At the …

The interest rate represents an important monetary policy tool to steer investment in order to reach price stability …. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank … impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate …