Other implications for monetary policy
Implications of Globalization for Monetary Policy
... on monetary policy, which is based on an increase in competition through global economic ...strongly monetary policy should react to output and inflation gaps and how big these output and ...
68
Implications of Monetary Policy for Banks’ Assets in Nigeria
... If monetary authorities and government desire to increase private sector investment in the economy, the positive relationship existing between AGL and PSI implies that these authorities should pursue policies that ...
8
Uncertain potential output: implications for monetary policy
... the implications of incomplete information about potential output for the conduct and design of monetary policy using a small backward/forward looking model calibrated to fit annual euro area ...
58
Imperfect credit markets: implications for monetary policy
... 9 Conclusion I have outlined a macroeconomic model where credit markets oper- ate less than perfectly due to enforcement problems, and I have used this model to discuss the implications of imperfect credit markets ...
43
Implications of the financial crisis for models in monetary policy
... inadequate policy responses by central banks to the crisis on their models, which are, in his words, “overdue for the scrap ...of monetary policy models in the crisis and finds that (i) it is likely ...
23
Implications of the design of monetary policy for financial stability
... Monetary policy can have important implications for financial ...if monetary policy is too lax, inflation will probably increase and become more ...serious implications for the ...
34
Networking the Yield Curve: Implications for Monetary Policy
... of monetary policy. A few key implications for monetary policy emerge: First, pass-through from the short-term maturities to medium- and long-term maturities is ...
35
Monetary Policy Transmission and Bank Lending In South Korea and Policy Implications
... expansionary monetary policy through a lower policy rate or open market purchases of government bonds is expected to increase bank loan ...the policy rate have the expected sign and are both ...
7
Unconventional monetary policy : theoretical foundations, transmission mechanisms and policy implications
... important implications for monetary policy presented ...Consequently, monetary policy is able to influence the evolution of prices - at least temporarily - whenever it drives a wedge ...
358
Data Revisions in India and its Implications for Monetary Policy
... its implications for monetary policy formulation in the Indian ...for policy deliberations undergoes one round of revision with a lag of eight ...
22
Broad Money Demand in Mauritius with Implications for Monetary Policy
... important policy implications can be drawn from the above ...Mauritius, monetary targeting can still be used since it is ...the monetary authority to target broad money or that the money ...
13
Household debt: implications for monetary policy and financial stability
... RBA. Implications for financial stability and monetary policy Deregulation and financial innovation have greatly increased the household sector’s access to ...
12
Monetary Policy Implications of Financial Frictions in the Czech Republic
... 7. Monetary Policy Implications To demonstrate the impact of financial frictions on the model dynamics, we carried out forecast exercises 11 conditional on the current knowledge of the model’s ...
62
Revisions to PCE inflation measures: implications for monetary policy
... MEASURES: IMPLICATIONS FOR MONETARY POLICY In 2000, the Federal Reserve changed its main inflation variable from the consumer price index (CPI inflation) to the inflation rate in the personal ...
35
Financial market innovation in Australia: implications for the conduct of monetary policy
... macro implications as ...of monetary policy, however, is less clear ...the policy interest rate could be associated with a particular stance of monetary ...In other words, it may ...
12
The Implications of Uncertainty for Monetary Policy
... Why focus only on uncertainty arising from sampling error in the parameter estimates? This question is best answered by referring to each of the remaining sources of forecast error. Firstly, structural change is the ...
35
Monetary policy implications of digital money
... Summary Section I studied digital money’s potential to replace central bank currency. It suggested that digital money poses a credible threat to paper currency because it is specifically designed to make small value ...
29
Understanding Inflation: Implications for Monetary Policy
... sound monetary policy both dictate the need for an extensive study of the dynamic and long-run relationship between the trimmed mean and average CPI in their ...explain policy decisions in light of ...
34
Implications of ERM2 for Poland’s Monetary Policy
... instrument’ policy scenario extends the present DIT regimes by assigning equal importance to inflation and the exchange rate stability targets, ω 1 = ω 3 ...such policy may pose serious difficulties as ...
41
Monetary policy and learning: Some implications for policy and research
... better policy outcomes if policies respond to forecasts (expectations) of both the public and the policymaker rather than to data ...improve policy by responding to the public’s expectations of ...
10