- Optimal Monetary Policy during Boom-Bust Cycles: The Impact of Globalization. Knütter, Rolf; Wagner, Helmut // International Journal of Economics & Finance;May2011, Vol. 3 Issue 2, p34
During boom-bust cycles in asset prices, monetary policy has the choice between two strategies: the proactive strategy of curbing asset price inflation and preventing a bust-induced credit crunch and the reactive strategy of loosening monetary policy conditions during the boom phase. We show...
- Monetary policy rules and U.S. monetary policy. Atesoglu, H. Sonmez // Journal of Post Keynesian Economics;Spring2008, Vol. 30 Issue 3, p403
An inflation-augmented Atesoglu monetary policy rule is introduced. The Atesoglu rule is based on an estimate of the neutral rate of interest of Keynes. Actual Fed monetary policy and policy implied by Atesoglu rules are compared. During the 1994:2â€“2006:4 period, monetary policy suggested...
- PUTTING ‘M’ BACK IN MONETARY POLICY. Leeper, Eric M.; Roush, Jennifer E. // Working Papers -- U.S. Federal Reserve Board's International Fin;2003, p1
Money demand and the stock of money have all but disappeared from monetary policy analyses. Remarkably, it is more common for empirical work on monetary policy to include commodity prices than to include money. This paper establishes and explores the empirical fact that whether money enters a...
- South Africa: Room For Rate Cuts Narrows. // Emerging Markets Monitor;9/1/2003, Vol. 9 Issue 20, p16
Reports on the growth in the CPIX inflation measure of South Africa in July 2003. Prediction for the measure; Status of the price of the forward rate agreement curve.
- Macroeconomic policies. // OECD Economic Surveys: Australia;1998, Vol. 1999 Issue 2, p43
Focuses on the macroeconomic policies of Australia in 1999. Operational objective of the Reserve Bank for the rate on inflation; Objectives of the fiscal policy; Challenges facing the economic policy.
- REGIONAL. // Middle East Monitor: The Gulf;Jun2005, Vol. 15 Issue 6, p11
The article reports that Iran's presidential election will dictate the nature of fiscal and monetary policy over the next four years, the outcome of June's presidential election will be a significant factor determining economic performance over the forecast period. However, the possible...
- Zimbabwe: New Central Bank Measures Have Little Relevance. // Emerging Markets Monitor;5/5/2008, Vol. 14 Issue 5, p22
The article discusses the issue of irrelevant measures of the Reserve Bank of Zimbabwe (RBZ). On March 30, 2008, RBZ Governor Gideon Gono announced the new Monetary Policy Statement (MPS). It notes that the MPS is being interpreted as a government attempt to an image of going back to business as...
- Tightening Monetary Policy Now Is a Bad Mistake. Bivens, Josh // Challenge (05775132);Nov/Dec2014, Vol. 57 Issue 6, p5
There is no more important policy decision facing the U.S. government than whether it is time to tighten monetary policy after years of economy-rescuing monetary stimulus. This economist look at each and every argument for tightening now and finds them all lacking.
- Monetary operations by Hong Kong's Currency Board. Gerlach, Stefan // Journal of Asian Economics;Jan2005, Vol. 15 Issue 6, p1119
Currency Boards are typically seen as demonstrating the advantages of rule-bound monetary policies with automatic responses to exchange market imbalances. We study the monetary operations conducted by Hong Kong's Currency Board, using daily data between September 1998 and December 2001. Since...