Jump to ContentJump to Main Navigation

You are looking at 1-14 of 14 items

  • Keywords: unconventional monetary policy x
Clear All Modify Search

View:

The Great Recession: Lessons for Central Bankers

Jacob Braude, Zvi Eckstein, Stanley Fischer, and Karnit Flug (eds)

Published in print:
2013
Published Online:
January 2015
ISBN:
9780262018340
eISBN:
9780262305921
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262018340.001.0001
Subject:
Economics and Finance, Financial Economics

The Great Recession shook not only the global economy and the financial systems of major economies, but also conventional wisdom of economic policy making, regulation of financial markets, and more. ... More


Spillover Effects of Unconventional Monetary Policy on Asia and the Pacific

Maria Teresa Punzi and Pornpinun Chantapacdepong

in Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets

Published in print:
2019
Published Online:
August 2019
ISBN:
9780198838104
eISBN:
9780191874628
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198838104.003.0009
Subject:
Economics and Finance, Financial Economics, South and East Asia

The chapter assesses the evolution of spillover effects of unconventional monetary policies (UMPs) and their macroeconomic impact on Asia and the Pacific region. It develops a Panel Vector Auto ... More


Trust, But Verify: The Road Ahead

Pierre L. Siklos

in Central Banks into the Breach: From Triumph to Crisis and the Road Ahead

Published in print:
2017
Published Online:
August 2017
ISBN:
9780190228835
eISBN:
9780190228866
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190228835.003.0007
Subject:
Economics and Finance, Public and Welfare

Taking stock of the past fifteen years in monetary policy leads to some conclusions and suggestions for reform. Contrary to the claims of some observers, price stability remains an unassailable goal ... More


Domestic and Cross-border Impact of US Monetary Policy at the Zero Lower Bound

Qianying Chen, Andrew Filardo, Dong He, and Feng Zhu

in Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets

Published in print:
2019
Published Online:
August 2019
ISBN:
9780198838104
eISBN:
9780191874628
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198838104.003.0008
Subject:
Economics and Finance, Financial Economics, South and East Asia

This is a chapter of the domestic impact as well as cross-border spillovers of US monetary policy at the zero lower bound (ZLB) to advanced and emerging economies. We estimate the empirical relevance ... More


An Overview of the Issues and the Book

Pornpinun Chantapacdepong, Matthias Helble, and Naoyuki Yoshino

in Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets

Published in print:
2019
Published Online:
August 2019
ISBN:
9780198838104
eISBN:
9780191874628
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198838104.003.0001
Subject:
Economics and Finance, Financial Economics, South and East Asia

The introduction provides an overview of the book and summarizes its objectives. The book is divided into four parts. The first part provides an overview of the empirics of shock spillovers through ... More


Introduction to the Monetary Policy Section

José Viñals

in Progress and Confusion: The State of Macroeconomic Policy

Published in print:
2016
Published Online:
January 2017
ISBN:
9780262034623
eISBN:
9780262333450
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034623.003.0012
Subject:
Economics and Finance, Public and Welfare

The chapter raises a number of questions about how monetary policy should be conducted in the future. First, should monetary policy be used to support financial stability? Second, how should monetary ... More


Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets

Naoyuki Yoshino, Pornpinun Chantapacdepong, and Matthias Helble (eds)

Published in print:
2019
Published Online:
August 2019
ISBN:
9780198838104
eISBN:
9780191874628
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198838104.001.0001
Subject:
Economics and Finance, Financial Economics, South and East Asia

Barely two decades after the Asian financial crisis Asia was suddenly confronted with multiple challenges originating outside the region: the 2008 global financial crisis, the European debt crisis, ... More


The Impact of US Monetary Policy and Other External Shocks on the Hong Kong Economy: A Factor-augmented VAR Approach

Hongyi Chen and Andrew Tsang

in Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets

Published in print:
2019
Published Online:
August 2019
ISBN:
9780198838104
eISBN:
9780191874628
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198838104.003.0011
Subject:
Economics and Finance, Financial Economics, South and East Asia

This chapter uses the factor-augmented vector autoregression framework to study the impact on the Hong Kong economy of the diverging monetary policies by the Fed, the European Central Bank (ECB), and ... More


Spillovers of the United States’ Unconventional Monetary Policy to Emerging Asia: The Bank Lending Channel

Ying Xu and Hai Anh La

in Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets

Published in print:
2019
Published Online:
August 2019
ISBN:
9780198838104
eISBN:
9780191874628
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198838104.003.0006
Subject:
Economics and Finance, Financial Economics, South and East Asia

This chapter assesses the spillover effects of the United States’ unconventional monetary policy on the Asian credit market. With a focus on cross-border bank lending, it employs firm-level loan data ... More


Capital Inflows, Exchange Rate Management, and Capital Controls

Agustín Carstens

in Progress and Confusion: The State of Macroeconomic Policy

Published in print:
2016
Published Online:
January 2017
ISBN:
9780262034623
eISBN:
9780262333450
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034623.003.0023
Subject:
Economics and Finance, Public and Welfare

The chapter argues that, under a regime of unconventional monetary policies (UMPs) in the main advanced economies, major externalities are generated that make it undesirable for emerging market ... More


Response to the Crisis and Fiscal Implications

Y.V. Reddy, Narayan Valluri, and Partha Ray

in Financial and Fiscal Policies: Crises and New Realities

Published in print:
2014
Published Online:
November 2014
ISBN:
9780199452651
eISBN:
9780199084524
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199452651.003.0004
Subject:
Economics and Finance, Financial Economics

The depth and spread of the global financial crisis was of such magnitude that most nations plunged into action with conventional and unconventional globally coordinated measures. Remedial stimulus ... More


Introduction: Central Bank Lessons from the Global Crisis

Stanley Fischer

in The Great Recession: Lessons for Central Bankers

Published in print:
2013
Published Online:
January 2015
ISBN:
9780262018340
eISBN:
9780262305921
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262018340.003.0001
Subject:
Economics and Finance, Financial Economics

Presents and explains ten lessons for central bankers derived from or reinforced by dealing with the Great Recession. They are 1. Reaching the zero lower bound on interest rates is not the end of ... More


Central Banks into the Breach: From Triumph to Crisis and the Road Ahead

Pierre L. Siklos

Published in print:
2017
Published Online:
August 2017
ISBN:
9780190228835
eISBN:
9780190228866
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190228835.001.0001
Subject:
Economics and Finance, Public and Welfare

The book covers the global economy and the various pressures faced by central banks. It also provides some ideas for reforming existing monetary policy strategies. The events of the past fifteen ... More


Spain and Italy

C. Randall Henning

in Tangled Governance: International Regime Complexity, the Troika, and the Euro Crisis

Published in print:
2017
Published Online:
May 2017
ISBN:
9780198801801
eISBN:
9780191840388
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198801801.003.0007
Subject:
Political Science, Political Economy, European Union

Spain and Italy posed threats to the integrity of the monetary union that were a magnitude greater than those posed by the previous crisis countries. Owing in part to actions by the European Central ... More


View: