Sterilization, Monetary Policy, and Global Financial Integrationroie

Sterilization, Monetary Policy, and Global Financial Integrationroie

Sterilization, Monetary Policy, and Global Financial Integrationroie

... (2008a):817–35 ———, Sterilization, Monetary Policy, and Global Financial Integration,” NBER working paper 13902 (revised August) (2008b) Aizenman, Joshua and Jae-woo Lee, Financial versus Monetary Mercantilism—Long-Run ... 794 Joshua Aizenman and Reuven Glick STERILIZATION, MONETARY POLICY, AND FINANCIAL INTEGRATION 795 differences are significant in China (relative...

Ngày tải lên: 09/06/2015, 16:11

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Sterilization, monetary policy and global financial integration (Sự can thiệp vô hiệu hóa, chính sách tài tiền tệ và hội nhập tài chính toàn cầu)

Sterilization, monetary policy and global financial integration (Sự can thiệp vô hiệu hóa, chính sách tài tiền tệ và hội nhập tài chính toàn cầu)

... SỰ CAN THIỆP VÔ HIỆU HÓA, CHÍNH SÁCH TÀI TIỀN TỆ VÀ HỘI NHẬP TÀI CHÍNH TOÀN CẦU I.TỔNG QUAN NGHIÊN CỨU Giới thiệu 1.1 Vấn đề nghiên cứu: Trong năm cuối ... động tiền tệ dòng đầu tư trực tiếp c Chi phí, lợi ích tính bền vững sách vô hiệu hóa Tăng cường hội nhập tài kết tất yếu hội nhập thương mại sâu nước phát triển Một mặt khác tăng cường hội nhập tài ... kiểm soát...

Ngày tải lên: 09/04/2014, 01:25

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Tài liệu Financial Markets, Monetary Policy and Reference Rates: Assessments in DSGE Framework docx

Tài liệu Financial Markets, Monetary Policy and Reference Rates: Assessments in DSGE Framework docx

... Financial Markets, Monetary Policy and Reference Rates: Assessments in DSGE Framework Nao Sudo December 28, 2012 Abstract In this paper, we explore the roles played by reference rates in business ... improvement of monitoring technology (decrease in a monitoring cost) in the interbank market (depicted in black line) and the lending market (depicted in red...

Ngày tải lên: 17/02/2014, 03:20

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Monetary policy and bank lending

Monetary policy and bank lending

... Working Paper #4317 April 1993 MONETARY POLICY AND BANK LENDING ABSTRACT This paper surveys recent work that relates to the "lending" view of monetary policy transmission It has three main ... in the demand for bank loans rather than the supply of bank loans (as required by Cl) That is, bank loans and inventories might move together because banks always stand willing to...

Ngày tải lên: 06/09/2013, 05:46

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Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute - Ultra Easy Monetary Policy and the Law of Unintended Consequences* pptx

Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute - Ultra Easy Monetary Policy and the Law of Unintended Consequences* pptx

... greatest economic experiments of all time ‐ ultra easy monetary policy.  In the aftermath of the economic  and financial  crisis  which  began  in  the summer  of 2007,  they  lowered  policy rates  effectively to the zero lower bound (ZLB). In addition, they took various actions which not only  ... procyclical in its operations. Essentially this is because the value of available collater...

Ngày tải lên: 22/03/2014, 23:20

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Measuring the long-term perception of monetary policy and the term structure docx

Measuring the long-term perception of monetary policy and the term structure docx

... Measuring the long -term perception of monetary policy and the term structure The views expressed are those of the author and not necessarily reflect the views of the Bank of Finland I would like ... speci…cations for the long -term perception of the monetary authorities’in‡ ation target to explain, with the Fisher relationship, the pres...

Ngày tải lên: 22/03/2014, 23:20

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Monetary Policy and the Slow Recovery: It’s Not Just About Housing ppt

Monetary Policy and the Slow Recovery: It’s Not Just About Housing ppt

... discussion of the effects of the zero bound on interest rate policy in the recession, and Swanson and Williams (2012) for estimates of the effects of constrained monetary policy Hancock and Passmore ... The recovery has been sluggish nationwide, not just in states hit hard by the housing bust High unemployment, restrained demand, and idle production capacity ar...

Ngày tải lên: 23/03/2014, 05:22

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Macroeconomics Presentation Topic: Monetary Policy and Inflation Control in Vietnam

Macroeconomics Presentation Topic: Monetary Policy and Inflation Control in Vietnam

... belief in the government and the State Bank of Vietnam that indirect monetary policy instruments are not sufficient to control inflation and that other measures than indirect monetary policy ... Content I Overview Monetary Policy of VN Inflation of VN II Tools of State Bank of Vietnam III How Vietnam used Monetary Policy to control Inflation I Overview M...

Ngày tải lên: 01/07/2014, 10:41

24 421 4
Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices

Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices

... of monetary policy on the economy and on residential property prices (CGFS 2006) On the other hand, Tsatsaronis and Zhu (2004) conjecture that the prevalence of securitisation should reduce the ... the large 16 To identify the monetary policy shock it is sufficient to determine the position of the monetary policy instrument; the ordering of t...

Ngày tải lên: 24/10/2012, 09:40

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WORKING PAPER NO. 40 FINANCIAL STRUCTURE AND THE INTEREST RATE CHANNEL OF ECB MONETARY POLICY pptx

WORKING PAPER NO. 40 FINANCIAL STRUCTURE AND THE INTEREST RATE CHANNEL OF ECB MONETARY POLICY pptx

... on the share of variable interest rate contracts, the frequency of the interest rate variations defined in the contract and the correlation of the MMR with the reference interest rate used in the ... demand system for euro area M3 by C Brand and N Cassola, November 2000 40 Financial structure and the interest rate channel of ECB monet...

Ngày tải lên: 15/03/2014, 14:20

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