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Reversal interest rate and macroprudential policy

Darracq Pariès, Matthieu; Kok Sørensen, Christoffer; … - 2021

Could a monetary policy loosening in a low interest rate environment have unintended recessionary effects? Using a non-linear macroeconomic model fitted to the euro area economy, we show that the effectiveness of monetary policy can decline in negative territory until it reaches a turning point,...

Persistent link: https://www.econbiz.de/10012596371

Central bank independence, government debt and the re-normalization of interest rates

Kirsanova, Tatiana; Leith, Campbell B.; Liu, Ding - 2024

Persistent link: https://www.econbiz.de/10015080052

What to expect from the lower bound on interest rates : evidence from derivatives prices

Mertens, Thomas; Williams, John C. - 2018

Persistent link: https://www.econbiz.de/10011803906

What to expect from the lower bound on interest rates : evidence from derivatives prices

Mertens, Thomas; Williams, John C. - 2018

inflation and interest rates. We study a stylized New Keynesian model where the policy instrument is subject to a lower bound to … interest rates and inflation to study whether the decrease in the natural rate of interest leads to forecast densities … bound has a sizable effect on the distribution of future interest rates, its impact on forecast densities for inflation is …

Persistent link: https://www.econbiz.de/10011894408

The fed's preference for policy rate smoothing : overestimation due to misspecification?

Castelnuovo, Efrem (contributor) - In: Topics in macroeconomics 6 (2006) 2, pp. 1-20

Persistent link: https://www.econbiz.de/10003377779

Policy regimes, policy shifts, and U.S. business cycles

Bhattarai, Saroj; Lee, Jae Won; Park, Woong-yong - In: The review of economics and statistics 98 (2016) 5, pp. 968-983

Persistent link: https://www.econbiz.de/10011791825

A simple augmented-Friedman money growth rule

Bias, Peter V. - In: The southern business & economic journal 42 (2019) 1, pp. 57-87

Persistent link: https://www.econbiz.de/10012492175

Why central banks smooth interest rates? : a political economy explanation

Montoro, Carlos (contributor) - 2007

Persistent link: https://www.econbiz.de/10003426134

Competition among banks and the pass-through of monetary policy

Güntner, Jochen H. F. - 2010 - This version: February 26, 2010

Persistent link: https://www.econbiz.de/10008908607

Robust monetary policy in a new Keynesian model with imperfect interest rate pass-through

Gerke, Rafael; Hammermann, Felix - 2011

inflation rate preemptively, but accepts higher volatility in the output gap and the loan rate. Third, if the central bank faces … inflation. -- Optimal monetary policy ; commitment ; model uncertainty …

Persistent link: https://www.econbiz.de/10008839724