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date (oldest first)
1
Revisiting the New Keynesian policy paradoxes under QE
Bonciani, Dario
;
Oh, Joonseok
-
2021
Persistent link: https://www.econbiz.de/10012693932
Saved in:
2
Quantitative easing in Joseph's Egypt with Keynesian producers
Campbell, Jeffrey R.
-
2014
This paper considers monetary and fiscal policy when tangible assets can be accumulated after shocks that increase desired savings, like Joseph's biblical prophecy of seven fat years followed by seven lean years. The model's flexible-price allocation mimics Joseph's saving to smooth consumption....
Persistent link: https://www.econbiz.de/10010439794
Saved in:
3
Unconventional monetary policy or automatic stabilizers? : a financial post-Keynesian comparison
Nair, Nitin
-
2023
employment.
Theory
decides the nature and kind of policy, and the underlying mechanics that result in expansion. Keynes (1964 …) brings money and a monetary production economy to the forefront of economic analysis, yet in the General
Theory
, he is …
Persistent link: https://www.econbiz.de/10014320884
Saved in:
4
Revisiting the New Keynesian policy paradoxes under QE
Bonciani, Dario
;
Oh, Joonseok
- In:
European economic review : EER
154
(
2023
),
pp. 1-18
Persistent link: https://www.econbiz.de/10014438337
Saved in:
5
Global effective lower bound and unconventional monetary policy
Wu, Jing Cynthia
;
Zhang, Ji
- In:
Journal of international economics
118
(
2019
),
pp. 200-216
Persistent link: https://www.econbiz.de/10012296010
Saved in:
6
Endogenous forward guidance
Chafwehé, Boris
;
Oikonomou, Rigas
;
Priftis, Romanos
; …
-
2018
positive at the onset of the episode, through promising higher inflation rates in future periods. We embed our
theory
into a …
Persistent link: https://www.econbiz.de/10011920684
Saved in:
7
A new approach to measuring economic policy shocks, with an application to conventional and unconventional monetary policy
Inoue, Atsushi
;
Rossi, Barbara
- In:
Quantitative economics : QE ; journal of the …
12
(
2021
)
4
,
pp. 1085-1138
We propose a new approach to analyze economic shocks. Our new procedure identifies economic shocks as exogenous shifts in a function; hence, we call them "functional shocks." We show how to identify such shocks and how to trace their effects in the economy via VARs using "VARs with functional...
Persistent link: https://www.econbiz.de/10012795633
Saved in:
8
Endogenous forward guidance
Chafwehé, Boris
;
Oikonomou, Rigas
;
Priftis, Romanos
; …
-
2019
positive at the onset of the episode, through promising higher inflation rates in future periods. We embed our
theory
into a …
Persistent link: https://www.econbiz.de/10012304687
Saved in:
9
Asymmetric macroeconomic effects of QE-induced increases in excess reserves in a monetary union
Horst, Maximilian
;
Neyer, Ulrike
;
Stempel, Daniel
-
2020
The Eurosystem's large-scale asset purchases (quantitative easing, QE) induce a strong and persistent increase in excess reserves in the euro area banking sector. These excess reserves are heterogeneously distributed across euro area countries. This paper develops a two-country New Keynesian...
Persistent link: https://www.econbiz.de/10012243601
Saved in:
10
Monetary Policy Uncertainty and Economic Fluctuations at the Zero Lower Bound
Doehr, Rachel
;
Martínez-García, Enrique
-
2022
backbone for our empirical results, via an “option value” channel.
Theory
yields sizeable real effects and a muted monetary …
Persistent link: https://www.econbiz.de/10013313628
Saved in:
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