Essays about: "Monetary Policy Spillovers"

Found 4 essays containing the words Monetary Policy Spillovers.

  1. 1. Modelling the Exchange Rate: Evidence from the Impacts of Quantitative Easing in Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Anny Eklund; Markus Sallkvist; [2024]
    Keywords : Quantitative easing; Exchange rate; Bayesian VAR model; Small open economy; Triangular factorisation;

    Abstract : Quantitative easing, the unconventional monetary policy measure used by many central banks to combat low inflation when interest rates are at the lower bound, has shown to be an effective tool for depreciating the domestic currency. Although the exchange rate is of particular importance in a small open economy as it directly impacts inflation dynamics,trade competitiveness and plays a substantial role in shaping monetary policy, few papers have investigated how the depreciating effect of QE to the exchange rate works. READ MORE

  2. 2. Fear the Walking Dead? Zombie Firms in the Euro Area and Their Effect on Healthy Firms' Credit Conditions

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Lea Havemeister; [2022]
    Keywords : Zombie firms; Financial spillovers; Interest rates; New credit; Financial stability;

    Abstract : The extensive monetary and fiscal support measures related to the Covid-19 pandemic have reinvigorated the policy and academic debate around zombie firms. These are firms that are no longer profitable but still operate. READ MORE

  3. 3. ECB and U.S Monetary Policy Spillovers to Sweden: : Transmissions Channels and the Effects of Central Bank Information Bias/Unconventional Monetary Policy

    University essay from Uppsala universitet/Nationalekonomiska institutionen

    Author : Ludvig Mannerson; [2021]
    Keywords : ;

    Abstract : This paper revisits the transmission of ECB and U.S Fed monetary policy to Sweden by usingrecently developed measures of ECB and Fed monetary policy shocks, corrected for the centralbank information element. To analyze the spillovers of foreign monetary policy to Sweden Irely on the Local Projections methodology. READ MORE

  4. 4. One Rate to Rule Them All: How U.S. Monetary Policy is Increasingly Controlling European Economies

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Lina Thomas; [2019]
    Keywords : Global VAR; Monetary Policy Spillovers; International Transmission Mechanisms;

    Abstract : When the Fed raises the interest rates, it does so to steer domestic activity. However, the effects of such monetary policy may inadvertently spillover to other economies. This study employs the Global VAR approach to examine such spillover effects to European economies before and after the crisis. READ MORE