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Central bank capital as an instrument of monetary policy

Hampl, Mojmír; Havránek, Tomáš - 2018

with inflation performance. …

Persistent link: https://www.econbiz.de/10011906669

Modern Challenges of Monetary Policy Strategies : Inflation and Devaluation Influence on Economic Development of the Country

Abuselidze, George - 2020

for the economy-inflation and devaluation. The purpose of the research is to analyze the socio-economic results of … inflation and devaluation in Georgia and to determine the main directions to overcome it. Due to study purposes was investigated … the causes of inflation and devaluation, as well as was examined its influence on economic development of the country and …

Persistent link: https://www.econbiz.de/10012835155

Central Bank Financial Strength and Macroeconomic Outcomes

Perera, Anil - 2012

Central bank financial strength has not been a significant issue for a substantial period of time. However, recent theoretical and empirical literature argues that even central banks require sufficient level of financial strength to perform functions effectively and achieve their objectives. In...

Persistent link: https://www.econbiz.de/10013102992

Design of a rule based monetary policy in a Central Bank Digital Currency System

Wijngaard, Jacob; Hee, Kees van - In: Central European review of economics and management : CEREM 5 (2021) 4, pp. 61-95

Aim: This paper presupposes a purely Central Bank Digital Currency (CBDC) based system. Its aim is to describe how such a system facilitates complete new possibilities to design a suitable monetary policy. More specifically, the purpose is to show that the available monetary tools can be used to...

Persistent link: https://www.econbiz.de/10013202350

Inflation: thruway of ECB's monetary policy

Seidl, Christian - 2023

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

Persistent link: https://www.econbiz.de/10013553631

Flexible majority rules for cryptocurrency issuance

Gersbach, Hans - 2019 - This version: May 2019

optimal money growth rates are realized if agents entering financial contracts anticipate ensuing inflation rates determined …

Persistent link: https://www.econbiz.de/10012023545

Central bank collateral frameworks

Nyborg, Kjell G. - 2015

This paper seeks to inform about a feature of monetary policy that is largely overlooked, yet occupies a central role in modern monetary and financial systems, namely central bank collateral frameworks. Their importance can be understood by the observation that the money at the core of these...

Persistent link: https://www.econbiz.de/10011296085

Do we need central bank digital currency? : economics, technology and institutions

Gnan, Ernest (ed.); Masciandaro, Donato (ed.) - Do We Need Central Bank Digital Currency?: Economics, …; … - 2018

Persistent link: https://www.econbiz.de/10011944433

Inflation and core money growth in the euro area

Neumann, Manfred J. M.; Greiber, Claus - 2004

This paper studies the importance of money for inflation in the euro area. An inflation equation is derived from a … small model that combines the supply and demand for money with a Phillips curve and the assumption that inflation … expectations develop adaptively. The model's solution attributes an impact on inflation not to actual money growth but to its core …

Persistent link: https://www.econbiz.de/10010295663

Quantifying the effects of the CNB's exchange rate commitment : a synthetic control method approach

Opatrny, Matej - 2016

appreciating that were put in place in 2013. I focus its on the impact on output, unemployment, and inflation. I use the synthetic … connected to disturbances created by changes in excise taxes. The effect of the commitment on inflation is positive but not …

Persistent link: https://www.econbiz.de/10011515767