This paper tests whether monetary policy can be described as asymmetric in three new European Union (EU) members (the Czech Republic, Hungary, and Poland) which apply an inflation targeting regime. Two different empirical frameworks are used: (i) Generalized Method of Moments (GMM) estimation of...
•monetary policy货币政策 •monetary control货币管制 •The monetary unit of the UK is the pound.英国的货币单位是英镑。 小贴士:桌面背单词软件的单词浮窗可悬浮与所有程序上方,学习内容及显示效果均可根据需要增减与调整,还支持老板键快速隐藏。 精选例句 1. The monetary unit of the US is the dolla...
Optimal policy can also be described as an elastic price standard: the central bank allows the price level to deviate from its target when output is expected to deviate from its natural rate. 展开 关键词: monetary policy price-level targeting sticky information phillips curve ...
Can central banks' monetary policy be described by a linear (augmented) Taylor rule or by a nonlinear rule? The original Taylor rule establishes a simple linear relation between the interest rate, inflation and the output gap. An important extension to this rule ... V Castro - 《Journal of...
The monetary policy of the ECB:欧洲央行的货币政策 热度: MONETARYPOLICYANDFISCAL POLICY ETPEconomics102 JackWu AGGREGATEDEMAND Manyfactorsinfluenceaggregatedemand besidesmonetaryandfiscalpolicy. Inparticular,desiredspendingbyhouseholds andbusinessfirmsdeterminestheoverall ...
Monetary Policy The monetary policy is described as an economic policy in which actions are undertaken by the central or Federal bank of the nation to achieve macroeconomic goals and to control the money supply that will enhance or impro...
Monetary_Policy_and_Its_Validity_in_ChinaMonetary Policy and Its Validity inChina 学生姓名:段方宇 学号:32010021227 学院(系):经济学院 专业(方向):国际经济与贸易实验班 Abstract: After what may be described as dazzling monetary policy changes from “tight” in 2008 and “moderately loose” during ...
We show that monetary policy transmission in the euro area can be described as a mixture of two states. In both states, output and prices are found to decrease after contractionary monetary policy shocks. However, the effects of monetary policy are less enduring in the "crisis state." 展开 ...
In this chapter we argue that the attractiveness of the euro for CEE economies has always depended on (1) their willingness and capacity to invest in an independent stabilising monetary policy, and (2) the credibility of the euro project going forward. These are not new criteria, but it is...
a我认为那些很贵 I thought these are very expensive[translate] aminger minger[translate] aThe RBA pursues monetary policy largely independently of the federal government RBA独立联邦政府主要寻求货币政策[translate]