The type of monetary policy regime that the Federal Reserve has followed From the 1980s up until the time Ben Bernanke became chair of the Federal Reserve in 2006 can best be described as A. monetary targeting. B. inflation targeting. C. policy with an implicit nominal anchor. D. exchange...
Each type of monetary policy will be implemented to control economic growth. 翻译结果2复制译文编辑译文朗读译文返回顶部 正在翻译,请等待... 翻译结果3复制译文编辑译文朗读译文返回顶部 Each type of monetary policy will be implemented in order to control economic growth. ...
Monetary strategyPrice stabilityInflation targeting, at least in its best-practice form, consists of two parts: a policy framework of constrained discretion and a communication strategy that attempts to focus expectations and explain the policy framework to the public. Toget...
Nearly 50 years ago, in 1936, Henry Simons, in his landmark essay, "Rules Versus Authorities In Monetary Policy," wrote that "With adequate price flexibility, we could get along under almost any financial [sic, monetaryj system." At the same time, Simons warned that, "with extreme rigidit...
aThe pencel is used for round diamond, if you think the tweezers is not convenient to use. pencel为圆的金刚石使用,如果您认为镊子不是方便使用。[translate] aA second type of control variable is an indicator of monetary policy 控制变量的第二个类型是货币政策显示[translate]...
Budgetary Coordination in the Eurozone: The Reform of the Stability and Growth Pact Introduction: The birth of the EMU featured almost unprecedented transfer of sovereignty from the European member states to a newly created European institution. Ever since, the monetary policy has been the sole respo...
Government can affect the macro-economy mainly using two specific policy tools namely: fiscal policy and monetary policy. Fiscal policy is basically the budget policy of government and is basically implemented using government spending or net t...
and actual controller type in increasing cash holdings have different route choices.Under the same conditions,the effect of monetary policy on state-owned enterprises' cash holding level is insignificant,so is low growth real estate enterprises.This phenomenon decreases the effect of monetary policy. ...
The long-term elasticity of firms' investment in relation to the use cost of capital is a key issue of the interest rate transmission mechanism of monetary policy.Previous literature bases researches mainly on a macro rather than a micro level,and often ignores the heterogeneity of firms and ins...
MATHEMATICAL models of monetary policyKEYNESIAN economicsMARKET volatilityThis paper examines the impact of a persistent shock to the growth rate of total factor productivity in a New Keynesian model in which the central bank does not observe the shock. The authors then investigate the performance of...