ISBN: 9786139823420 - effective monetary policy implementation: empirical investigations (6 Ergebnisse)

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Taschenbuch. Zustand: Neu. Effective Monetary Policy Implementation | Empirical Investigations | Felix Nyumuah | Taschenbuch | Englisch | 2018 | LAP LAMBERT Academic Publishing | EAN 9786139823420 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu. …

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Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -There is the question of whether to adopt the interest rate or the money supply as the policy instrument. In inflation targeting monetary policy, the central bank's reaction to deviations from policy targets often follows a monetary policy rule. This rule could be linear where the central bank has symmetric preferences and attaches equal weights to negative and positive deviations from policy targets, or could be non-linear whereby the central bank has asymmetric preferences and allots different weights to positive and negative deviations from target. Whenever the central bank resets the interest rate the effect operates through a transmission mechanism. Changes to the interest rate will give shocks to the money supply and through the credit and exchange rate channels affect output and prices. The results will be achieved provided the demand for money is stable and the effect of the interest rate variation is predictable. This book therefore tackles issues such as the stability of the money demand function, symmetric and asymmetric central bank preferences and the monetary transmission mechanism. These studies should help shed some light on effective monetary policy implementation. 88 pp. Englisch.…

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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - There is the question of whether to adopt the interest rate or the money supply as the policy instrument. In inflation targeting monetary policy, the central bank's reaction to deviations from policy targets often follows a monetary policy rule. This rule could be linear where the central bank has symmetric preferences and attaches equal weights to negative and positive deviations from policy targets, or could be non-linear whereby the central bank has asymmetric preferences and allots different weights to positive and negative deviations from target. Whenever the central bank resets the interest rate the effect operates through a transmission mechanism. Changes to the interest rate will give shocks to the money supply and through the credit and exchange rate channels affect output and prices. The results will be achieved provided the demand for money is stable and the effect of the interest rate variation is predictable. This book therefore tackles issues such as the stability of the money demand function, symmetric and asymmetric central bank preferences and the monetary transmission mechanism. These studies should help shed some light on effective monetary policy implementation.…

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Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Nyumuah FelixFelix Nyumuah received his B.A. in Economics and Statistics and his M.Phil. in Economics from the University of Ghana. He is currently a lecturer in Economics and Finance at the Department of Accounting and Finance of Z.…

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Taschenbuch. Zustand: Neu. This item is printed on demand - Print on Demand Titel. Neuware -There is the question of whether to adopt the interest rate or the money supply as the policy instrument. In inflation targeting monetary policy, the central bank's reaction to deviations from policy targets often follows a monetary policy rule. This rule could be linear where the central bank has symmetric preferences and attaches equal weights to negative and positive deviations from policy targets, or could be non-linear whereby the central bank has asymmetric preferences and allots different weights to positive and negative deviations from target. Whenever the central bank resets the interest rate the effect operates through a transmission mechanism. Changes to the interest rate will give shocks to the money supply and through the credit and exchange rate channels affect output and prices. The results will be achieved provided the demand for money is stable and the effect of the interest rate variation is predictable. This book therefore tackles issues such as the stability of the money demand function, symmetric and asymmetric central bank preferences and the monetary transmission mechanism. These studies should help shed some light on effective monetary policy implementation.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 88 pp. Englisch.…