Interest rate rigiditiesSubprime mortgage crisisThis paper develops a model featuring both a macroeconomic and a financial friction that speaks to the interaction between monetary and macro-prudential policy and to the role of US monetary and regulatory policy in the run up to the Subprime mortgage ...
expansionary monetary policy“扩张性货币政策”,是以放松银根、扩大货币供应量为特点,目的在于刺激需求的增加。在经济衰退期间,一般要通过采取扩张性货币政策,扩大货币供应量,降低利率来刺激经济增长。contractionary monetary policy“紧缩性货币政策”,是以抽紧银根、减少货币供应量为特点,目的在于抑制需求的增加。在经济...
Cash holdingInterest rateMonetary policyOption valueWe investigate the secular increase in the corporate cash holding over the period 1980-2006. We show that along with firm characteristic–related variables, monedoi:10.2139/ssrn.2076414Ashraf Al ZamanSocial Science Electronic Publishing...
Canada's new interest rate is now 3 percent after a decrease of 25 basis points. During a press release held this morning, Tiff Macklem, Governor of Bank of Canada, discussed the Monetary Policy Report but also fielded questions regarding the depreciation of the Canadian dollar. Curr...
for an end to the monetary policy tightening cycle, the summary says. "Although an increase in the key rate at the next meeting is not inevitable, the probability of one is very high. So it is necessary to repeat the tough signal that the Bank of Russia gave in September," the CBR ...
In the short run, an expansionary monetary policy raises the interest rate. (a) True (b) False. Determine if the following statement is true or false: When bond prices rise, the interest rates fall. When the Federal Reserve lowers the nominal interest rate ...
Congressional Republicans should take his offer up: it’s good policy and good politics. The top federal marginal tax rate is currently only 37%. That’s low by international standards… It’s true that the top marginal rate, including state and local income taxes, exceeds 50% in high-tax...
(c) Overcoming hunger requires an increase in both small-scale and large-scale agriculture and effective policies that focus [...] daccess-ods.un.org (c) 要战胜饥饿,必须增加小型和大 型农业,实施关于这两类农业的有效政 策,以可持续生产和环境保护为基础 daccess-ods.un.org I understand ...
but concerns about core inflation, higher interest rates, tariffs, and potential economic slowdown loomed. TheFederal Reserve’s cautious approach to monetary policyand the housing market’s ongoing challenges also continued to influence the overall economic outlook, accordi...
From the perspective of interest rates, the comprehensive financing cost of the real economy has declined steadily, and the effectiveness of interest rate reform in the loan market has continued to be released. In the next stage, a prudent monetary policy must be precise and powerful, ...