Robustness to alternative calibrations and interest rate
The Robustness and Efficiency of Monetary Policy Rules as Guidelines for Interest Rate Setting by the European Central Bank
... heightened interest in policy evaluation has enabled researchers to examine the robustness of proposed policy rules with much more depth and rigor than ever ...for interest rate decisions at ...
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The Performance and Robustness of Interest Rate Rules in Models of the Euro Area
... of interest-rate rules for model-based evalu- ations of monetary ...the interest rate in response to forecasts of fu- ture inflation, we assumed in our analysis that these forecasts hap- pened ...
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The performance and robustness of interest-rate rules in models of the euro area
... optimised interest-rate rules embody only a mild degree of smoothing, with ρ varying between ...long-term interest rates, do not play a dominant role in either ...simple interest-rate ...
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The Performance and Robustness of Interest-Rate Rules in Models of the Euro Area
... of interest-rate rules for model-based evalu- ations of monetary ...the interest rate in response to forecasts of fu- ture inflation, we assumed in our analysis that these forecasts hap- pened ...
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On the Nominal Interest Rate Yield Response to Net Government Borrowing in the U S : An Empirical Analysis with Robustness Tests
... nominal interest rate yield on ten-year ...short-term interest rate variable, EARSTBR t , is positive, as hypothesized, and statistically significant at the 5% level, implying that the higher ...
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Fin 4713 Chapter 6. Interest Rate Risk. Interest Rate Risk. Alternative Mortgage Instruments. Interest Rate Risk. Alternative Mortgage Instruments
... Interest rate risk – is now shared by the borrower and lender – amount depends on ARM terms Ceteris paribus, at time of origination the expected yield on an ARM should be less than on a FRM because the ...
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Islamic monetary policy: Is there an alternative of interest rate?
... sustainable alternative to the ...As interest rate, the key tool of conventional monetary policy regulation, is prohibited in Islamic economic system, the need for sustainable alternative is ...
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Interest rate volatility and alternative monetary control procedure
... We show that the standard money demand- money supply framework used for analyzing monetary control problems indicates that in- creased volatility of interest rates does not im- ply a red[r] ...
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Evaluation of Banks' Interest Rate Risk: An Alternative Approach
... Interest rate risk is often assessed through parallel yield curve shifts of 100, 200 or 400 basis ...growing interest rates that actually occurred in the ...rising interest rates than certain ...
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The Rate of Interest, Economic Growth, and Inflation: An Alternative Theoretical Perspective
... conclusion holds for an increase in w0, the intercept term in the wage equation, which might be termed a ‘labor relations shock’. This latter result requires careful interpretation, however. There is a positive ...
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Interest rate rules and global determinacy: An alternative to the Taylor principle
... In view of the above qualifications the purpose of this article is to propose a simple condition on interest rate rules that will ensure global determinacy, even when no FTPL-type policies are implemented. ...
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The Effect of Alternative Interest Rate Processes on the Value of Mortgage-Backed Securities
... of interest rate processes are the focus of this study: mean reversion, influence of the short-term interest rate on local volatility, and the property of ...three interest rate ...
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Macroeconomic and interest rate volatility under alternative monetary operating procedures
... since there have been calls for using monetary policy to stabilise asset prices, we examine how an additional target for stabilising the yield curve impacts on volatilities under the three operating procedures. The ...
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The (partial) rehabilitation of interest rate parity in the floating rate era: Longer horizons, alternative expectations, and emerging markets
... uncovered interest parity has been of necessity focused on short maturities, although nothing in the theory necessitates ...for interest parity tests have been mostly of maturities less than a ...
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Interest Rate Models
... 6 INTEREST RATE AND TERM STRUCTURE MODELING Given sufficient computer resources, the scenario method can tackle essentially any type of financial ...for interest rate models of a particu- lar ...
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Robustness of NIR calibrations for assessing fruit quality
... model robustness was not considered, although it was noted that the power of this method to model non-linear functions could easily result in model over-fitting, and consequent poor predictive ...
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INTEREST RATE METRIS SYSTEM: ALTERNATIVE STRATEGY FOR BANKING INDUSTRY
... Ciri utama data yang dibutuhkan pada sistem perhitungan bunga metris sama dengan sistem bunga rerata metris yaitu setiap transaksi selain data tanggal harus pula ditambah waktu jam, me[r] ...
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INTEREST RATE AND INTEREST CHARGES
... percent (or the applicable percentage as determined by the Issuer’s selected options). 16. Bank can change any of the terms of this Agreement (including the periodic rates used to compute the interest charge) at ...
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INTEREST RATE AND INTEREST CHARGES
... H. If the card is canceled or surrender is demanded by Issuer, or if Cardholder defaults in any payment due, or is deceased, bankrupt or insolvent, or any attachment or garnishment proceedings are initiated against ...
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Hedging Of Interest Rate Risk with Interest Rate Futures
... 4. Optionality: An additional and increasingly important source of interest rate risk arises from the options embedded in many bank assets, liabilities and OBS portfolios. Formally, an option provides the ...
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