“Whatever it takes”: A plea for active monetary policies
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DOI: 10.1016/j.econlet.2021.110060
Abstract: Abstract Our paper aims to analyze Mario Draghi’s famous statement, the “whatever it takes,” as a mechanism that preserves the common good of financial stability and facilitates debt control in the peripheral countries. Although we… read more here.
Keywords: whatever takes; takes plea; active monetary; plea active ... See more keywords
Cross-border spillover effects of unconventional monetary policies on Swiss asset prices
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DOI: 10.1016/j.jimonfin.2017.04.001
Abstract: Unconventional monetary policies (UMPs) by the Federal Reserve, the European Central Bank, the Bank of England and the Bank of Japan exert important spillover effects on asset prices in Switzerland if market anticipation of UMP… read more here.
Keywords: spillover effects; unconventional monetary; asset prices; monetary policies ... See more keywords
Evaluating the Macroeconomic Effects of the ECB's Unconventional Monetary Policies
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DOI: 10.1111/jmcb.12628
Abstract: We quantify the macroeconomic effects of the European Central Bank’s unconventional monetary policies using a DSGE model which includes a set of shadow interest rates. Extracted from the yield curve, these shadow rates provide unconstrained… read more here.
Keywords: monetary policies; macroeconomic effects; evaluating macroeconomic; unconventional monetary ... See more keywords
The democratic deficit and European Central Bank crisis monetary policies
Sign Up to like & getrecommendations! Published in 2019 at "Maastricht Journal of European and Comparative Law"
DOI: 10.1177/1023263x18824776
Abstract: This article presents the argument that European Central Bank (ECB) policy-making from the start of the sovereign debt crisis in 2010 undermined the democratic legitimacy of the ECB. We start with the argument – defended… read more here.
Keywords: policy making; central bank; monetary policies; crisis ... See more keywords
Monetary Policies, Exchange Rate Pass-through and Prices in Asian Economies: A Long and Short-run Analysis
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DOI: 10.22059/ier.2018.67854
Abstract: Abstract T he financial crisis in 2007-2008 has turned into the most far-reaching international financial and economic crisis since the Great Depression. Indeed, the crisis-affected Asian countries experienced varying degrees of changes in the exchange… read more here.
Keywords: policies exchange; rate pass; rate; monetary policies ... See more keywords
Comment - Monetary policies and financial crisis: Towards a new central banking
Sign Up to like & getrecommendations! Published in 2017 at "Economie Et Statistique"
DOI: 10.24187/ecostat.2017.494t.1923
Abstract: [eng] Three articles of this special issue evaluate the effects of unconventional monetary policies and the relationships between new capital requirements and bank profitability. These articles present several similarities: two of them draw on individual… read more here.
Keywords: comment; banking; comment monetary; policies financial ... See more keywords
How to cushion economic recession caused by the COVID-19 pandemic: Fiscal or monetary policies?
Sign Up to like & getrecommendations! Published in 2022 at "Frontiers in Public Health"
DOI: 10.3389/fpubh.2022.960655
Abstract: The outbreak of the COVID-19 pandemic has brought the global economy to a crisis: how to choose the optimal policy tools to cope with the external impacts has attracted worldwide attention. The research evaluates the… read more here.
Keywords: cushion economic; fiscal monetary; monetary policies; covid pandemic ... See more keywords