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Monetary Regimes, Money Supply, and the US Business Cycle since 1959

Hollander, Hylton - 2019

endogenous monetary regime, together with the interaction between money supply and demand, captures well the actual behavior of a …

Persistent link: https://www.econbiz.de/10012895445

The Overshooting and Coordination of Monetary Policy and Financial Regulation in China : Money Multiplier Redux

An, Ping - 2019

this phenomenon as policy overshooting. I find the policy overshooting mechanism can be explained by money multiplier … strict financial regulation will decrease the money multiplier growth. Combine with the decline in monetary base growth … exogenous monetary base growth and the correspondent real money multiplier growth. The former measures the monetary policy …

Persistent link: https://www.econbiz.de/10012898269

Central Bank Misperceptions and the Role of Money in Interest Rate Rules

Beck, Günter W. - 2008

modified to account for observed money growth and inflation trends, and that monetary trends may serve as a useful cross … persistent errors in monetary policy and sustained trends in money growth and inflation. If interest rate prescriptions derived … from Keynesian-style models are augmented with a cross-check against money-based estimates of trend inflation, inflation …

Persistent link: https://www.econbiz.de/10012768875

Central Bank Misperceptions and the Role of Money in Interest Rate Rules

Beck, Günter W. - 2008

Persistent link: https://www.econbiz.de/10012770488

Changes in Currency during the Establishment of Croatian Monetary Sovereignty

Matic, Branko - 2008

established in accordance with these circumstances. First temporary money was introduced on the territory under Croatian authority …

Persistent link: https://www.econbiz.de/10012771697

Learning, Endogenous Indexation and Disinflation in the New-Keynesian Model

Wieland, Volker - 2008

This paper introduces adaptive learning and endogenous indexation in the New-Keynesian Phillips curve and studies disinflation under inflation targeting policies. The analysis is motivated by the disinflation performance of many inflation-targeting countries, in particular the gradual Chilean...

Persistent link: https://www.econbiz.de/10012771761

Croatian Monetary Strategy in the Conditions of Globalization

Matic, Branko - 2008

The author starts from the assumption that Croatia will access the European Union. Following this assumption, he analyzes the possible scenarios of Croatian monetary strategy based on the achievements of the country's monetary policy, on the degree of acceptance of the convergence criteria and...

Persistent link: https://www.econbiz.de/10012772105

Numismatic and Monetary Aspects of Introducing the Uniform European Union Currency

Matic, Branko - 2008

The paper quot;Numismatic Aspects of Introducing the Uniform European Union Currencyquot; deals with a subject causing a series of reactions for several years already not only in the European Union countries but also in those nonmember ones. The planed introduction of uniform currency, due to...

Persistent link: https://www.econbiz.de/10012772127

Do Central Banks‘ repo Transactions and Liquidity Infusions Increase Financial Stability Risks? A Case for Circular Monetary Economics

Kouam, Henri - 2020

Central banks repo market operations and liquidity infusions occasion a structural liquidity mismatch in bank balance sheets and increase the dependence on central bank liquidity. This paper argues for what I term “Circular Monetary Economics”, an approach to monetary policy that seeks to...

Persistent link: https://www.econbiz.de/10012825201

On the Stability of Euro Area Money Demand and its Implications for Monetary Policy

Barigozzi, Matteo - 2017

We employ a recent time-varying cointegration test to revisit the usefulness of long-run money demand equations for the … twofold contribution. First, we propose a novel stable money demand equation relying on two crucial factors: a speculative …

Persistent link: https://www.econbiz.de/10012976561