Monetary policyThis paper examines the international experiences with four basic types of monetary policy regimes: (1) exchange-rate targeting, (2) monetary targeting, (3) inflation targeting, and (4) monetary policy with an implicit but not an explicit nominal anchor. The basic theme that ...
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Prof Schoeman lectured us on oil and its importance in the (international) political economy of nations as well as the profound influence the oil embargo of 1973 had on the relations among nations and international financial institutions like the International Monetary Fund and the World Bank . ...
We are now ready to study workplace parking under different regimes, starting in this section with the market provision of employer-paid parking in the absence of policy intervention. Clearly, firms will provide a parking space if it is profitable to do so. They juxtapose the additional costs ...
Moreover, while Biden is unlikely to push for democracy promotion abroad, the regime change in Washington would dampen the spirits of the leaders of authoritarian regimes around the world, including North Korea, who got support from Trump. Nor can one expect President Biden encouraging populist ...
(eg, three to five years as representative of a typical market cycle). Actual tracking error may be above target at certain times, as there are market conditions and types of investor skills that are more favourable than others for excess return generation. According to our observations, the ...
we can do the same thing again. The same assets may have new owners, but everything will work together in the long run. Businesses will continue operating, and people will continue to have jobs. We may have to adjust monetary policy, or perhaps regulation of financial institutions, but that...
We are usually on our own, however, to make sense of the obfuscated charges, the arcane insurance policy provisions, and the price haggling between providers and insurers. In this byzantine system, the left hand often does not know—or care—what the right hand is doing. So, we have a...
International Experiences with Different Monetary Policy RegimesThis paper examines the international experiences with four basic types of monetary policy regimes: 1) exchange-rate targeting, 2) monetary targeting, 3) inflatSocial Science Electronic Publishing...
Motivated by recent experiences in Iran, this paper incorporates structural characteristics that reinforce the reluctance of central banks to commit to free floating exchange rates ('fear of floating') into optimal policy formulation to determine the extent of exchange rate involvement in monetary policy...