Likewise, estimates of the long-run benefits of a more flexible monetary policy are limited, and they range widely. We are aware of only two papers that study this issue: Davoodalhosseini (2018), in ...

Embedding this mechanism into a DSGE model, I show that the aggregate investment response to a monetary policy shock depends on this interaction. The model further predicts that credit-constrained ...

We study how monetary policy affects the asymmetric effects of globalization. To this end, we build an open-economy heterogeneous-agent New Keynesian model (HANK), in which households differ in their ...

Central banks unexpectedly tightening policy rates often observe the exchange value of their currency depreciate, rather than appreciate as predicted by standard models. We document this for Fed and ...

Results will be used to inform policy and practice on family and child well-being ... To mitigate against potential biases arising from the monetary incentive, it is made clear in the information ...

uncertain policy outlook Fed notes stabilized and strong job market Report flags elevated financial valuation levels Feb 7 ...

The dollar's gains scored in North America yesterday have been reversed today. It is softer against all the G10 currencies, ...

Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...

A more useful device ... would have the NBS publish what the headline inflation rate would have been last month under the old and new series.In October 2024, when the National Bureau of Statistics ...

With inflation gradually easing, Bangladesh Bank maintains its contractionary stance, raising concerns about its impact on business investment and economic growth ...

The Federal Reserve's monetary is well-positioned to achieve the central banks' maximum employment and price stability ...