interest rate smoothing
Designing instrument rules for monetary stability: the optimality of interest rate smoothing
... by interest-rate smoothing on the incentive to create surprise in‡ation by reducing suddenly the interest rate within the time horizon of existing nominal ...
38
Policy irreversibility and interest rate smoothing
... conducts interest rate smoothing, then future short-term interest rates must be predicted quite ...support interest rate smoothing, insisting that the explanatory power of ...
26
Volume 02 Issue 02: (2013) March-April 2013
... with interest rate smoothing (T) and Full state rule ...with Interest Rate Smoothing performs at all times better than the Taylor Backward Looking ...
6
On the Sources of Uncertainty in Exchange Rate Predictability
... exchange rate model based on Taylor (1993) rules as an example of models that can be cast within the present-value asset pricing ...and interest rate ...incorporate interest rate ...
79
Interest rate setting and inflation targeting : evidence of a nonlinear Taylor rule for the United Kingdom
... in interest rates may be rationalised, for example, as fear of disrupting capital markets or fear of the loss of credibility that might result from large and sudden policy reversals, or the need to build a ...
21
Financial intermediation and interest rate risk
... to interest rate increase and vice ...(lower) interest rate beta in Stone’s two-factor ...bank’s interest rate beta thus re‡ects the market’s assessment of its duration ...
228
Interest Rate Trends in a Global Context
... between interest rates and government ...high interest rates, and deep economic ...suppressing interest rates despite high levels of public ...
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The Interest Rate and the Length of Production: A Comment
... Abstract: Machaj (2015) does a great service in pointing out a key assumption, heretofore unaddressed, in Filleule (2007) and Hülsmann (2010). Machaj errs, however, in stating that who saves will have an ambiguous effect ...
17
Requiem for the Interest Rate Controls in China
... nominal interest rate that households receive on deposits and the rate of consumer price ...annualized rate of consumer price inflation 11 on the monthly basis over the 2000-2017 period, ...
24
Negative Interest Rate Policy in Switzerland
... raising interest rates given the accommodative monetary policies of other advanced economies, exchange rate concerns and the modest current and expected ...
26
Calibration of the chaotic interest rate model
... positive interest rate ...forward rate under the Potential Approach, and showed that it belongs to the HJM Framework while the interest rate positivity is secured by the potential ...
225
Forecasting Inflation Rate of Zambia Using Holt’s Exponential Smoothing
... exchange rate flexibility, monetary and fiscal restraint successfully reduced ...use interest rates as the main instruments to anchor inflationary expectations, perhaps leading eventually to an explicit ...
10
Interest Rate Rigidity and the Fisher Equation
... nominal interest rates. The model’s inflation responds to interest rate changes (both nominal and real) by mov- ing in the opposite ...to interest rate data from the last century. The ...
27
The Roadmap of Interest Rate Liberalization in China
... whose interest market is not fully liberalized, the forming mechanism of interest rate varies from time to ...of interest rates is linked to the openness of the financial ...of interest ...
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Impact of Interest Rate on Investment in Nigeria
... the interest rate by the demand for and supply of money in a stock ...the rate of interest is purely a monetary ...the interest rate by liquidity preference or demand for ...low ...
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The Effect of Interest Rate, Inflation Rate, GDP, on Real Economic Growth Rate in Jordan
... However, interest rate had ARCH effect existence, which means regression needed to adjust autoregressive conditional ...of interest rate had influence power on growth ...
14
Optimal exchange rate policy in a low interest rate environment
... nominal interest rates are unusually low, as experienced by several Asian economies and Japan since July ...exchange rate channel on the transmission mechanism, may allow the central bank to achieve lower ...
32
ch05
... the interest rate (or discount rate) for a given stream of future cash flows. to determine the interest rate on a loan[r] ...
31
Does Fed Funds Target Interest Rate Lead Bank of England’s Bank Rate and European Central Bank’s Key Interest Rate?
... Does Fed Funds Target Interest Rate Lead Bank of England’s Bank Rate and European Central Bank’s Key Interest Rate?. Çelik, Sadullah and Deniz, Pınar Marmara University, FEAS, Department[r] ...
16
Implication of Monetary Policy Rate and Interest Rate on Exchange Rate in Nigeria: 1981-2017
... The monetary policy got its root from the works of Irving fisher who lay the foundation of the quantity theory of money through his equation of exchange. In his proposition money has no effect on economic aggregates but ...
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