Is monetary policy less effective when interest rates are persistently low?

CEV Borio, B Hofmann - 2017 - papers.ssrn.com
Is monetary policy less effective in boosting aggregate demand and output during periods of
persistently low interest rates? This paper reviews the reasons why this might be the case …

Is Bitcoin a hedge, a safe haven or a diversifier for oil price movements? A comparison with gold

R Selmi, W Mensi, S Hammoudeh, J Bouoiyour - Energy Economics, 2018 - Elsevier
This study assesses the roles of Bitcoin as a hedge, a safe haven and/or a diversifier against
extreme oil price movements, in comparison to the corresponding roles of gold. We use a …

Impacts of COVID-19 outbreak, macroeconomic and financial stress factors on price spillovers among green bond

W Mensi, MU Rehman, XV Vo - International Review of Financial Analysis, 2022 - Elsevier
We examine the impacts of the COVID-19 pandemic and global risk factors on the upside
and downside price spillovers of MSCI global, building, financial, industrial, and utility green …

The currency dimension of the bank lending channel in international monetary transmission

E Takáts, J Temesvary - Journal of International Economics, 2020 - Elsevier
We investigate how the use of a currency transmits monetary policy changes in the global
banking system. We use a newly available rarely accessed dataset on the bilateral cross …

The global factor in neutral policy rates: Some implications for exchange rates, monetary policy, and policy coordination

R Clarida - International Finance, 2019 - Wiley Online Library
This paper highlights some of the theoretical and practical implications for monetary policy
and exchange rates that derive specifically from the presence of a global general …

[PDF][PDF] Monetary policy surprises in Russia

A Tishin - Russian Journal of Money and Finance, 2019 - nes.ru
The current paper studies the monetary policy transmission in the Russian economy. The
key question of this work is how monetary policy affects the macroeconomy through currency …

Неожиданные шоки денежно-кредитной политики в России

А Тишин - Деньги и кредит, 2019 - elibrary.ru
В статье рассматривается трансмиссионный механизм денежно-кредитной политики в
российской экономике. Ключевой вопрос исследования-влияние денежно-кредитной …

Norges Bank's BEER models for the Norwegian effective exchange rate

K Martinsen - 2017 - norges-bank.brage.unit.no
I revisit Norges Bank's Behavioural Equilibrium Exchange Rate (BEER) models for the
Norwegian effective exchange rate first introduced in Flatner et al.(2010) and extend the …

The Impact of the Monetary Policy of the US Federal Reserve on the Ratio of the US Dollar To the Japanese Yen in the Foreign Exchange Market during 2015-2023

M Yoshimori - SocioEconomic Challenges, 2024 - armgpublishing.com
The information base of the study is the time series of the daily exchange rate of the currency
pair USD/JPY, the US 10-year Treasury bond (TB 10), the Japanese government bond 10 …

[HTML][HTML] The sensitivity of the us dollar exchange rate to changes in monetary policy expectations

SE Curcuru - 2017 - federalreserve.gov
The prospect of rising US interest rates has focused attention on the response of the dollar to
changes in monetary policy expectations, especially given some evidence that the dollar …