Monetary Policy And Uncertainty

DOWNLOAD

Download Monetary Policy And Uncertainty PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Monetary Policy And Uncertainty book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

Monetary Policy And Uncertainty

DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2003

Monetary Policy And Uncertainty written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Economic stabilization categories.

Foreign Exchange Intervention Under Policy Uncertainty

DOWNLOAD
Author : Gustavo Adler
language : en
Publisher: International Monetary Fund
Release Date : 2016-03-17

Foreign Exchange Intervention Under Policy Uncertainty written by Gustavo Adler and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-17 with Business & Economics categories.

We study the use of foreign exchange (FX) intervention as an additional policy instrument in an environment with learning, where agents infer the central bank policy rules from its policy actions. Under full information, a central bank focused on stabilizing output and inflation can achieve better outcomes by using FX intervention as an additional policy tool. Under policy uncertainty, where agents perceive that monetary policy may also have exchange rate stabilization goals, the use of FX intervention entails a trade-off, reducing output volatility while increasing inflation volatility. While having an additional policy tool is always beneficial, we find that the optimal magnitude of intervention is higher in monetary policy regimes with lower uncertainty. These results indicate that the benefits of using FX intervention as an additional stabilization tool are greater in regimes where monetary policy is credibly focused on output and inflation stabilization.

Monetary Policy Under Uncertainty And Learning

DOWNLOAD
Author : Klaus Schmidt-Hebbel
language : en
Publisher:
Release Date : 2009

Monetary Policy Under Uncertainty And Learning written by Klaus Schmidt-Hebbel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Banks and banking, Central categories.

Monetary Policies In The Age Of Uncertainty

DOWNLOAD
Author : Yoichi Matsubayashi
language : en
Publisher: Springer Nature
Release Date : 2021-08-23

Monetary Policies In The Age Of Uncertainty written by Yoichi Matsubayashi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-23 with Business & Economics categories.

This book provides an interesting review of Japanese monetary policies after the bubble economy. The Bank of Japan was the first central bank in advanced economies to implement the unconventional monetary policies during the period. After the Lehman shock, most advanced economies also carried out similar monetary policies to boost their own economies. The Japanese experience in the 1990s and 2000s no doubt played a key role during the period. Although various aspects of the experiences have been examined, not many books have been published based on intensive discussions between the macro and monetary theorists who have been active in academics and the practitioners who have actually been involved in monetary policy. This small but important book has focused on the Japanese experience. Evaluation of that experience found that three solid pillars are of crucial importance: theory, institution, and experience. Those form the basis of the book, without theory, no policies will be formulated and implemented, and implementation depends crucially on institution. Chapter 1 provides a clear theoretical background for the unconventional monetary policies and inflation targeting. Chapter 2 intensively explores the meaning and desirability of the independence of central banks. Chapter 3 reviews the consequences of the Japanese monetary policies in recent decades in comparison with those in other advanced economies.

Monetary Policy Under Uncertainty

DOWNLOAD
Author : Oliver Sauter
language : en
Publisher: Springer Science & Business Media
Release Date : 2014-01-31

Monetary Policy Under Uncertainty written by Oliver Sauter and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-31 with Political Science categories.

Oliver Sauter analyzes three aspects of monetary policy under uncertainty. First he shows that the terms risk and uncertainty are often wrongly used as synonyms despite their different meanings. The second aspect is the proper examination and incorporation of uncertainty into a monetary policy framework. The author undertakes systematization with a closer look at each identified form of uncertainty. Thirdly, he focuses on the quantification of uncertainty from two different perspectives, either from a market perspective or from a central bank perspective.

Optimal Monetary Policy Under Uncertainty Second Edition

DOWNLOAD
Author : Richard T. Froyen
language : en
Publisher: Edward Elgar Publishing
Release Date : 2019

Optimal Monetary Policy Under Uncertainty Second Edition written by Richard T. Froyen and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Electronic books categories.

This book provides a thorough survey of the model-based literature on optimal monetary in a stochastic setting. The survey begins with the literature of the 1970s which focused on the information problem in policy design and extends to the New Keynesian approach of the 1990s which centered on evaluating alternative targeting strategies. New to the second edition is consideration of research since the world financial crisis on the role of financial markets and institutions in the conduct of monetary policy.

Monetary Policy And Uncertainty

DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2003

Monetary Policy And Uncertainty written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.

The Impact Of Inflation And Monetary Policy Shocks On Stock Market Performance In Zimbabwe

DOWNLOAD
Author : Mkhululi Ncube
language : en
Publisher: GRIN Verlag
Release Date : 2024-05-16

The Impact Of Inflation And Monetary Policy Shocks On Stock Market Performance In Zimbabwe written by Mkhululi Ncube and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-16 with Business & Economics categories.

Bachelor Thesis from the year 2023 in the subject Economics - Finance, grade: Distinction, National University of Science & Technology Zimbabwe (Finance), language: English, abstract: This study examines the impact of inflation and monetary policy shocks on stock market performance in Zimbabwe from 2000 to 2022. The study analyzes the relationship between different variables' regression using data obtained from the Zimbabwe Stock Exchange (ZSE) returns, inflation rates obtained from the Zimbabwe National Statistics Agency (ZIMSTAT), and interest rates obtained from the Reserve Bank of Zimbabwe. In this regression, ZSE returns are the dependent variable while inflation and interest rates are the independent variables. The research findings suggest that inflation has a negative impact, while monetary policy shocks have a positive impact on stock market performance in Zimbabwe. The study finds that inflation has a significant and persistent negative effect on stock market returns, with a one standard deviation shock in inflation leading to a significant decline in stock market returns. Moreover, the study identifies that monetary policy shocks, such as changes in interest rates, have a significant impact on stock market returns, but the effect is less pronounced compared to inflation in Zimbabwe. Furthermore, the study examines the transmission channels through which monetary policy shocks affect the stock market in Zimbabwe. The results suggest that changes in interest rates affect the stock market mainly through their impact on inflation expectations and exchange rates. This highlights the importance of considering both monetary and macroeconomic factors when analyzing the impact of monetary policy on the stock market in Zimbabwe. The study concludes that high inflation rates and frequent monetary policy interventions have a detrimental effect on stock market performance in Zimbabwe. The findings of this research are relevant to investors, policymakers, and analysts who are interested in understanding the relationship between inflation, monetary policy, and stock market performance in Zimbabwe. The study also analyzed the impact of GDP and exchange rate as control variables on stock market performance. The results suggested that changes in exchange rates have a negative impact on stock market returns GDP have a negative impact. The joint impact of inflation and monetary policy shocks was also found to be significant, indicating that both variables affect stock returns.

Monetary Union And Monetary Policy

DOWNLOAD
Author : Jürgen von Hagen
language : en
Publisher:
Release Date : 1992

Monetary Union And Monetary Policy written by Jürgen von Hagen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Germany categories.

Monetary Policy And Asset Price Bubbles

DOWNLOAD
Author : Andrew Joseph Filardo
language : en
Publisher:
Release Date : 2004

Monetary Policy And Asset Price Bubbles written by Andrew Joseph Filardo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Capital assets pricing model categories.