accommodative monetary policy
Ultra accommodative Monetary Policy and Unintentional Drags on Consumer Spending
... Post 2008 policy accommodation broadly lowered funding costs for consumers and businesses to supported asset price appreciation. However, rising prices have also made assets less affordable, and home buyers ...
6
OECD ECONOMIC OUTLOOK PRELIMINARY VERSION
... Accommodative monetary policy remains warranted but should be scaled down ...gradually. Policy accommodation is required as current economic slack remains large (with the negative output gap ...
326
Rwanda: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding. April 30, 2015
... 7. Monetary and exchange rate ...from monetary inflation and anchoring inflationary expectations, while containing pressures on the exchange ...key policy rate was reduced by 50 basis points to ...
27
Identification of Monetary Policy Shocks in Japan Using Sign Restrictions within the TVP-VAR Framework
... The use of sign restrictions remains a controversial issue. In particular, Fry and Pagan (2007) address some very important points. They assert that the median of the posterior of impulse responses identified by sign ...
35
Identifying the Effects of Monetary Policy Shock on Output and Prices in Thailand
... of monetary policy shock on output and price level in Thailand during 2005Q1 and ...available policy rate is used as a monetary policy ...the monetary policy ...to ...
8
The Impact of Monetary Instruments in the Development of Monetary Policy in the Republic of Macedonia
... of monetary regulation is acting relatively fast and ...the policy of monetary regulation, with one or more instruments of the monetary policy, due to which, in conditions of ...
5
Monetary Development and Transmission in the Eurosystem
... The remaining leeway is only a traditional capacity - not the full capacity to create money that is by far higher (owing to CF cycles). Still, these capacities - that are lower than the real ones - already reveal a high ...
221
Monetary Transmission and Bank Lending in Portugal: A Sectoral Approach
... Plenty of theoretical studies have established the extent and the importance of the bank-lending channel in the monetary transmission process. Nevertheless, the empirical evidence has been at least much less ...
29
Monetary policy transmission and income inequality in Sub-Saharan Africa
... the monetary policy transmission and income inequality in Sub-Saharan Africa (SSA) ...unanticipated monetary easing in the last two decades. Countercyclical monetary measures may have been ...
48
Accommodation deficit in children with Down syndrome: practical considerations for the optometrist
... Accommodative deficits in Down syndrome can be man- aged with the prescription of bifocal correction. This pragmatic approach ameliorates the accommodative deficit and ensures near vision is optimized. In ...
9
The distributive effects of conventional and unconventional monetary policies
... unconventional monetary policy instruments when their monetary policy rates have hit the effective zero lower ...unconventional monetary policy measures, the large scale asset ...
45
Optimal Cyclical Behavior of Monetary Policy of Iran: Using a DSGE Model
... Douglas North (1993), the co-recipient of the Nobel Prize in economics, strongly emphasizes the role of institutions in the economy. He states that institutions' effect on economic performance is not very controversial ...
19
Monetary Policy and Its Impact on Indian Economy: A Critical Analysis
... international monetary system. These themes are the intentional policy of a country devaluing its currency against that of other countries to import inflation, expand exports, and increase nominal economic ...
5
BoE 2013
... expectations. To do that, often what is needed is a very strong change in policy – something economists call a “regime shift”. The most effective way to shake an economy out of a terrible downturn when we’re at ...
13
Three Applications of Time-Varying Parameter and Stochastic Volatility Models to the Malaysian and Australian Economy
... Our paper is related to the growing literature on modelling structural instabilities as well as the reviving literature on the modelling of fat tailed events. In the rst line of literature Cogley and Sargent (2001, 2005) ...
169
Which policy-mix to mitigate the effects of financial heterogeneity in a monetary union?
... The normative conclusions are the following. Firstly, it appears that a centralized monetary policy dominates a strategy based on inflation divergences in the Union, whatever the budgetary regime. This ...
24
Monetary Policy Rules for Russia
... The estimated coefficients are statistically insignificant, indicating a poor performance of the original McCallum rule as specified in equation (2). Moreover, this regression specification has another statistical ...
38
Monetary Policy Committee and Monetary Policy Conduct in Nigeria: A Preliminary Investigation
... the monetary policy committee of the central bank of Nigeria and how this has affected both inflation volatility and the money and stock ...the policy committee became public (iv) the relationship ...
14
The Instability in the Monetary Policy Reaction Function and the Estimation of Monetary Policy Shocks
... As a …rst step, we make sure that the extension of the data set does not alter the main results obtained by RR. When we compare the shocks computed with our sample to the ones by RR for 1969-1996, we …nd a correlation of ...
23
Kiel Institute for World Economics Duesternbrooker Weg Kiel (Germany) A Preliminary Evaluation of Monetary Policy Rules for Russia
... International Monetary Fund’s International Financial Statistics database, the website of the Bank of Russia, the monthly database of the Vienna Institute for International Economic Studies (WIIW), and the Russian ...
28