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References in periodicals archive ?
Val and I knew each other even before our appointment but it was in our working together at the Monetary Board where my respect and admiration for him grew deeper.
The Monetary Board believes that the BSP has attained sufficient progress in its shift towards the use of market-based monetary instruments since the adoption of the interest rate corridor (IRC) framework in June 2016,' Espenilla said.
Unconventional monetary policy--characterized by "zero interest rate policy" (ZIRP) and "quantitative easing" (QE), along with macro-prudential regulation--has increased the power of central banks in the United States, Japan, and Europe.
Much of the recent debate has focused on whether unconventional monetary policies have had the expected effects on asset prices and the real economy.
Keywords: Contractionary monetary policy, expansionary monetary policy, stock market, inflation, Reserve require market, OMOs
In honor of the fiftieth anniversary of the publishing of the original edition, White, Vanberg, K|hler and their contributors (not always in agreement) call for reform of the monetary system and aim to reinvigorate the debate: should there be constitutional provisions empowering government or should there be provisions inhibiting government interference.
The monetary base comprises money supplied to the markets by the Bank of Japan (BOJ), including cash in circulation and commercial banks' deposits held at the BOJ's current accounts.
The member states of the GCC monetary union are in talks with the two nations in a bid to persuade them to join the union," said Anas Al-Saleh, Kuwait's finance minister.
Over the past decade there have been significant changes in monetary policy regimes in developing countries.
Thus, if monetary policy has real economic effects, shifts in monetary policy should affect stock prices.
It is our objective in this paper to shed new empirical light on this murky relationship between monetary policy and long-term interest rates.
Hong Kong Monetary Authority's economists Chang Shu and Brian Ng have written a nice paper which tries to demystify Chinese monetary policy.