Download or read book The Impact of Monetary Variables written by Michael J. Hamburger and published by . This book was released on 1967 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Fiscal Policy Variables on Output Growth written by Mr.Philip R. Gerson and published by International Monetary Fund. This book was released on 1998-01-01 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper surveys the theoretical and empirical literature on the relationship between taxation and public expenditure and economic growth. Particular attention is paid to the effect of taxation and government expenditure on the supply and productivity of labor and physical capital. Studies suggest that well-targeted government expenditures on health, education, and infrastructure should have a positive impact on growth. By contrast, the impact of taxation on the supplies of labor and capital, and on output growth, is more muted.
Download or read book The Impact of Monetary Variables on Certain Categories of Final Demand written by David A. Currie and published by . This book was released on 1971 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Foreign Variables on Domestic Money Demand and Its Implications for Monetary Policies written by Chia-Yang Hueng and published by Ann Arbor, Mich. : University Microfilms International. This book was released on 1997 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unanticipated Monetary Variables and Real Effects in an Open Economy written by Volbert Alexander and published by . This book was released on 1979 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monetary Policy Rules written by John B. Taylor and published by University of Chicago Press. This book was released on 2007-12-01 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely volume presents the latest thinking on the monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A unique cooperative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their striking findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. Monetary Policy Rules illustrates that simple policy rules are more robust and more efficient than complex rules with multiple variables. A state-of-the-art appraisal of the fundamental issues facing the Federal Reserve Board and other central banks, Monetary Policy Rules is essential reading for economic analysts and policymakers alike.
Download or read book Assessing Sticky priced Monetary Models and the Impact of Macroeconomic Variables on the Exchange Rate written by John Lawrence Ambrose and published by . This book was released on 1996 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The effect of economic shocks under different monetary policy procedures and different economic structures written by Maria de Lourdes Dieck-Assad and published by . This book was released on 1985 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Monetary Variables on Exchange Rate Fluctuations in Sri Lanka written by Nedeshan Nedeshan and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The exchange rate is an important and useful indicator of Economic performance. High fluctuations in exchange rates create uncertainty on economic activities. USD/LKR exchange rate has depreciated continuously, ignoring small appreciations experienced from time-to-time. Therefore, this study mainly focuses on the monetary variables which affect Sri Lanka-US exchange rate. The estimation is based on 116 monthly observations from January 2010 to august 2019. Nominal exchange rate and monetary variables such as money supply, Real Income and interest rate of Sri Lanka and United State of America are studied by employing cointegration analysis and Error Correction Model. Furthermore, we have used some diagnostic test and special tests to describe the time series properties of the model. The study finds that, there are no evidences to supporting short run relationships between the monetary variables and exchange rate, while there is long-term co-integrating relationships between the nominal exchange rate and monetary variables. The error correction term (ect) is quite small and insignificant, indicating that short - term deviation from long - term equilibrium is restored within more than five years. Findings are statistically significant and correct sign reported for domestic money supply and domestic real income. The results found that variables of the model led to the ability of the flexible price monetary model in explaining future exchange rate movements of Sri Lanka.
Download or read book Effects of Some Monetary Variables on Fixed Investment in Selected Sub Saharan African Countries written by Thobeka Ncanywa and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary variables are not only important for the attainment of stable inflation but also for exercising influences in various ways on the behavior of the real economy, including the level of investment activity. Investment is very crucial in improving a country,Äôs productivity and growth and increasing its competitiveness in the long run. The study aims to investigate how monetary variables such as lending rates, exchange rate, and money supply affect investment actions in some selected Sub-Saharan African countries in the period 1980,Äì2018. Using the panel autoregressive distributive lag method in the long run, a negative and significant relationship between lending rates and investment was discovered. Also, investment is positively related to both money supply and exchange rate in the long run. It is recommended that when central banks take contractionary measures, they must always consider the resulting change in investment as it is an essential part of aggregate demand. In a sluggish economy, interest rates should not be raised to the point where investment is discouraged and assets are suppressed.
Download or read book Effects of Monetary Policy on International Trade in Ethiopia written by Gediyon Bekele Moliso and published by GRIN Verlag. This book was released on 2021-10-25 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2021 in the subject Economics - Monetary theory and policy, grade: A, , language: English, abstract: This study examined the effect of monetary policies on Total Trade (proxy of international trade) in Ethiopia between 1989 to 2019.International trade was captured using Total Trade (proxy of international trade) while the independent variables that described the various macroeconomic policies in Ethiopia were money supply, exchange rate, real lending rate and inflation rate. Time series data on the variables of the study was gotten from Annual reports of the National Bank of Ethiopia (NBE) from 1989-2019. The secondary data was analyzed using E-views 9.0 software. A model was formulated for the study. The Augmented Dickey Fuller (ADF) stationary test showed that the variables in the study were stable at both levels and at first difference. The regression of the independent variables with Total Trade (proxy of international trade) showed the existence of a long run relationship. Using the Autoregressive Distribute Model (ARDL), the empirical results money supply exerts a significant positive effect on Total Trade (proxy of international trade) in the long run while real lending rate and inflation rate exerts a significant negative effect on Total Trade (proxy of international trade) in the long run and Total Trade (proxy of international trade) one period lag of the variable significantly affects the Total Trade (proxy of international trade) in the short run. LagTT or D(LTT(-1)), a one percent increase in expectation push Total Trade (proxy of international trade) by 51% in short run. This result is similar to the theory of adaptive expectations, they states that individuals will form future expectations based on past events. The study thus concluded that the monetary policy channels through which Total Trade (proxy of international trade) in Ethiopia can be influenced are money supply, lending rate and inflation rate. The study testes all the diagnostic test like serial correlation, Normality, heteroschedasticity and stability. The estimate of the speed of adjustment coefficient found in this study indicates that about a 75% of the variation in the Total Trade (proxy of international trade) from its equilibrium level is corrected within a year.
Download or read book A Dynamic Model of the Effect of Monetary Variables on Aggregate Demand Australia 1959 1968 written by John Bowers and published by . This book was released on 1969 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Foreign Monetary Policy on Financial Variables in Switzerland written by Pascal Meichtry and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the relationship between changes in foreign monetary policy and Swiss financial markets. Using daily data, we attempt to determine the strengths and differences in the impact of Federal Reserve System and European Central Bank actions on Swiss equity, bond and stock prices. We also investigate the distinct responsiveness of these markets at times where the central bank's decision-making council is meeting. By applying a multiple linear regression approach, we find that the strength of the absolute effect of foreign monetary policy on Swiss financial variables highly depends on the chosen interest rate measure and that the US monetary authority exerts a lower influence than the ECB. In addition, asset prices react in a different way when examining monetary and non-monetary policy shocks separately. Overall, our analysis highlights the importance of financial markets' behaviour for central banks as well as market participants. Moreover, it stresses the reliance of findings on the selected policy measure, central bank or policy event focus.
Download or read book Effects of Monetary Policy on Selected Macroeconomic Variables in Nigerian Economy written by Gideon Ezu and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examined the effects of monetary policy on selected macroeconomic variables in Nigerian economy 1981-2019.Monetary policy aims at achieving certain national goals which have historically included full employment, high output, stable price level (low inflation rate), and a stable exchange rate (desirable balance of payments). The impact of monetary policy on economic growth of Nigeria has always been a subject of controversy owing to different views expressed many authors. The specific objectives of this study are to assess the extent to which monetary policy affects Real Gross Domestic Product and determine the relationship between monetary policy and inflation rate. The study, employed ex-post factor research design. Data for the study were secondary data quantitatively retrieved from the annual reports and accounts of the Central Bank of Nigeria and World Bank database. Unit root test, Johansen Co-integration Technique, Vector Autoregressive as well as least regression analysis techniques were used for data analysis. E-view statistical package Version 9.0, was employed for the analysis. From the analysis conducted, monetary policy have insignificant positive relationship with real gross domestic product but significant positive effect on inflation rate. Based on the findings of the study, the researcher recommends that there is the need for policy adjustment by modifying the core mandate of the Central Bank, which is price stability through inflation targeting to incorporate economic development through employment creation.
Download or read book Monetary fiscal Policy Relations in the Euro Area written by Fabienne Dascher-Preising and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With this paper, our objective is to empirically study public debt sustainability by estimating a fiscal reaction function where the primary balance relative to GDP is assumed to be a function of the public debt to GDP ratio of the previous year and of other macroeconomic variables. In particular, we take into account the effects of monetary policy on the primary budget of the government by including the real long term interest rate and the in ation rate, measured as the change in the GDP price de ator. We resort to the fixed effects and to the random effects models for a panel of 12 euro area economies from 1996 to 2020. We find statistical evidence for sustainable debt policies and detect that both monetary policy variables are positively correlated with the primary balance to GDP ratio. This holds both for the fixed and for the random effects estimation, when those variables are included simultaneously.
Download or read book The Impact of Monetary Policy on Leading Variables for Financial Stability in Norway written by Helene Olsen and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monetary Variables in Macmod written by Per Granberg and published by . This book was released on 2000 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
