monetary policy

Description The paper is to understand how the financial system is influenced by macroeconomic shocks and how the financial stance, in turn, feeds back into the macroeconomic environment is key for policy makers. The most recent financial crisis has demonstrated the need for a deeper...

Description The purpose of this paper is to study the short-term macroeconomic effects of the fiscal policy in Colombia for the 1980-2007 period using a structural vector autoregression (SVAR) model. Journal of Financial Economic Policy Assessing the macroeconomic effects of fiscal policy in...

Description The purpose of this paper is to deal with the dynamics of a Neo-Keynesian model applied to a small open economy, in order to show the impact of commercial openness on the choice of the optimal inflation target. Journal of Financial Economic Policy Degree of openness and inflation...

Description The purpose of this paper is to try to understand the reasons for the differences in amplitude of monetary policy (MP) rate cycles in the USA and the euro area. Among the different candidates, the paper aims to test the role of economic structures, macroeconomic shocks, and MP...

Description The purpose of this paper is to examine the effects of policy options in financial dynamics (of money, credit, efficiency and size) on consumer prices. Soaring food prices have marked the geopolitical landscape of African countries in the past decade. Journal of Financial Economic...

Description This paper aims to empirically examine how shocks to monetary policy measures (the short-term nominal interest rate and broad money supply) affect macroeconomic aggregates, namely, output growth of the economy, national price levels and the nominal exchange rate. Journal of...

Description The purpose of this paper is to review monetary policy options in countries assumed to be suffering from two common economic problems: deficient private demand and high and rising public debt. Journal of Financial Economic Policy Delivering economic stimulus, addressing rising...

Description A major lesson of the European Monetary Union (EMU) crisis is that serious disequilibria result from regional monetary arrangements not designed to be robust to a variety of shocks. The purpose of this paper is to assess these disequilibria within the Economic and Monetary Community...

Description The Ghanaian economy has experienced relative stability, improved macroeconomic performance and resilience over the past few years, following the introduction of a new monetary policy framework called inflation targeting (IT). The purpose of this paper is to look at IT and its effect...

Description The purpose of this paper is to evaluate threshold effects in the persistence of South African aggregate inflation data Journal of Financial Economic Policy Threshold effects and inflation persistence in South Africa Andrew Phiri Article information: To cite this document: Andrew...

Description The purpose of this paper is to review concepts and measurements related to financial globalization such as financial openness, financial integration, monetary interdependence, and the mobility and movement of capital Journal of Financial Economic Policy Measures of financial...

Description The purpose of the paper is to gauge the usefulness of the Monetary Condition Index (MCI) and Financial Condition Index (FCI) for the conduct of monetary policy in Malaysia. Journal of Financial Economic Policy Measuring monetary conditions in a small open economy: the case of...

Description The latest generation of research into macroeconomic policy has turned from more technical aspects of optimal control and expectations formation to consideration of the policymaking institutions themselves. More and more countries have moved towards greater degrees of central bank...

Description The purpose of this paper is to present a model that studies the impact of a tightening monetary policy on banking failure in a developing country. Journal of Financial Economic Policy A theory of linkage between monetary policy and banking failure in developing countries Raulin L...

Description The purpose of this paper is to relate the marginal crisis risk of Woodford to a number of financial fragility indicators. The paper expands the interest rate gap approach by considering the capital structure of investments and systemic risk, dating back to Modigliani-Miller. The...

Description This is a PPT explaining Capital Account Convertibility. Capital Account Convertibility Introduction ?A country’s balance of payments is the set of accounts recording flows of value between a nation and rest of the world during a period of time. ?It comprises of current account...

Hi everyone, Anyone interested in Economics should read the new book by Pete Lunn called Basic Instincts: Human Nature and the New Economics. It offers some great cutting edge theories on behavioural and psychological economics, and how a good understanding of human behaviour can better the...

here is notes on monetary policy of rbi...........actually these notes r of rai university.........check it out..........gud one