A multiple threshold analysis of the Fed's balancing act during the Great Moderation
S Ahmad - Economic Modelling, 2016 - Elsevier
Empirical evidence has generally shown that the Federal Reserve follows close to a Taylor
(1993) type rule in setting policy rates. This paper continues this line of inquiry by …
(1993) type rule in setting policy rates. This paper continues this line of inquiry by …
Optimal fiscal and monetary policy action in a closed economy
We study optimized monetary and fiscal feedback policy rules. The setup is a New
Keynesian DSGE model of a closed economy which is solved numerically using common …
Keynesian DSGE model of a closed economy which is solved numerically using common …
[PDF][PDF] 规则型货币政策与经济周期的非线性关联机制研究
张小宇, 刘金全 - 世界经济, 2013 - jlucqe.jlu.edu.cn
内容提要本文对泰勒规则模型进行门限效应检验, 发现利用累计同比增速作为门限变量时货币
当局针对通货膨账缺口和产出缺口调整名义利率存在明显的门限效应. 在经济收缩期货币当局 …
当局针对通货膨账缺口和产出缺口调整名义利率存在明显的门限效应. 在经济收缩期货币当局 …
Social networks and macroeconomic stability
SH Chen, CL Chang, MC Wen - Economics, 2014 - degruyter.com
In this paper, the effect of the social network on macroeconomic stability is examined using
an agent-based, network-based DSGE (dynamic stochastic general equilibrium) model …
an agent-based, network-based DSGE (dynamic stochastic general equilibrium) model …
[PDF][PDF] Evaluation of macro-prudential policy on credit growth in Indonesia: Credit registry data approach
BS Dana - Etikonomi, 2018 - researchgate.net
Macro-prudential policies have an essential role in mitigating the imbalances in the financial
sector that stem from procyclical credit growth. This study aims to evaluate macro-prudential …
sector that stem from procyclical credit growth. This study aims to evaluate macro-prudential …
Nonlinear Taylor rules: evidence from a large dataset
In this paper we estimate nonlinear Taylor rules over the 1986–2008 sample time period
and augment the traditional Taylor rule by including principal components to better model …
and augment the traditional Taylor rule by including principal components to better model …
POLICY POWER CAPABILITIES AND LEADING INDICATORS OF EXCHANGE RATE STABILITY IN 7-EM COUNTRIES
This research looks for leading indicators of exchange rate stability, namely economic
growth inflation of seven emerging market countries (7-EMC), leading indicators determined …
growth inflation of seven emerging market countries (7-EMC), leading indicators determined …
Unveiling the ECB's Monetary Policy Behaviour Under Different Inflation Regimes
T Kazanas, E Tzavalis - Economica, 2015 - Wiley Online Library
This paper provides clear‐cut evidence that the ECB follows an asymmetric monetary policy
rule concerned more with inflation rather than sustaining economic growth. The driving force …
rule concerned more with inflation rather than sustaining economic growth. The driving force …
On the optimal mix of fiscal and monetary policy actions
We study optimized monetary and fiscal feedback policy rules. The setup is a conventional
New Keynesian DSGE model calibrated to match data from the euro area. Our aim is to …
New Keynesian DSGE model calibrated to match data from the euro area. Our aim is to …
Short and long-run effects of exchange rate on stock price index: An application to the fragile five countries by smooth transition regression error correction model
A Şahin - Ege Academic Review, 2016 - dergipark.org.tr
In this study, short and long-run effects of exchange rate on stock prices are analyzed for the
Fragile Five countries where foreign investors have a substantial share. Long term effects …
Fragile Five countries where foreign investors have a substantial share. Long term effects …