Zobrazeno 1 - 8
of 8
pro vyhledávání: '"Alex Haberis"'
Autor:
Alex Haberis, Anna Lipińska
Publikováno v:
Journal of Money, Credit and Banking. 52:1107-1145
We study the welfare effects of international monetary policy spillovers at the zero lower bound, focusing on the effects of forward guidance in a large economy (“foreign”) on its smaller trading partner (“home”) in scenarios motivated by the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b33d13093cc342512f152cdceb1ac912
https://doi.org/10.1111/jmcb.12655
https://doi.org/10.1111/jmcb.12655
Publikováno v:
European Economic Review. 111:459-474
We develop a general method for analyzing the effects of macroeconomic policy promises about which the private sector is uncertain. We illustrate the method in two applications to a central bank’s ‘forward guidance’ about the path for its polic
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2a8143c86069a56b43c0357246b6858c
https://doi.org/10.1016/j.euroecorev.2018.11.003
https://doi.org/10.1016/j.euroecorev.2018.11.003
Publikováno v:
SSRN Electronic Journal.
We explore the effects of forward guidance at the zero lower bound when there is uncertainty over the lift-off date arising from: (i) the imperfect credibility of time-inconsistent forward-guidance promises; (ii) incomplete communication. We use a si
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::066f1937f51ca1b45c57daf2a2c0b126
https://doi.org/10.2139/ssrn.2945522
https://doi.org/10.2139/ssrn.2945522
Publikováno v:
Scopus-Elsevier
In this paper, we use an estimated DSGE model of the UK economy to investigate perceptions of the effectiveness of monetary policy since the onset of the 2007–08 financial crisis in a number of measures of deflation probability — the Survey of Ec
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::355ee68a5c483a11a10da7396635e573
https://doi.org/10.2139/ssrn.2865588
https://doi.org/10.2139/ssrn.2865588
Autor:
Alex Haberis, Andrej Sokol
In this paper we describe a procedure for implementing zero restrictions within the context of a sign restrictions identification scheme for VARs. The procedure introduces an additional step into the algorithm outlined in Fry and Pagan (2011) and Rub
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::e180788042bdcda089d9f31f0ad10ba3
http://eprints.lse.ac.uk/58077/
http://eprints.lse.ac.uk/58077/
Autor:
Alex Haberis, Andrej Sokol
In this paper we describe a procedure for implementing zero restrictions within the context of a sign restrictions identification scheme for VARs. The procedure introduces an additional step into the algorithm outlined in Fry and Pagan (2011) and Rub
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::0e30a770e82fb66f83e7d62c3ed6bfbc
http://www.centreformacroeconomics.ac.uk/Discussion-Papers/2014/CFMDP2014-10-Paper.pdf
http://www.centreformacroeconomics.ac.uk/Discussion-Papers/2014/CFMDP2014-10-Paper.pdf
Autor:
Anna Lipinska, Alex Haberis
In this paper, we consider how monetary policy in a large, foreign economy affects optimal monetary policy in a small open economy (`home') in response to a large global demand shock that pushes both economies to the zero lower bound (ZLB) on nominal
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::529d0c7401368a0f4e90fb09b282dc22
http://www.federalreserve.gov/pubs/feds/2012/201223/201223abs.html
http://www.federalreserve.gov/pubs/feds/2012/201223/201223abs.html
Publikováno v:
SSRN Electronic Journal.
This paper considers the implications for the United States, the United Kingdom and the rest of the world (ROW) of shocks that may contribute to a further reduction in global current account imbalances using a dynamic stochastic general equilibrium (
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::41bfe7505c5146070cf4225a97362921
https://doi.org/10.2139/ssrn.1814984
https://doi.org/10.2139/ssrn.1814984