Essays about: "Monetary Policy Tool"

Showing result 1 - 5 of 23 essays containing the words Monetary Policy Tool.

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

3. 2. Unconventional Monetary Policy in the United States : An empirical study of the quantitative easing (QE) effects on households and firms

   University essay from Linnéuniversitetet/Institutionen för nationalekonomi och statistik (NS)

   Author : Axel Robén; Hampus Ekberg; [2023]
   Keywords : ARDL; Quantitative Easing QE ; Federal Reserve; Consumption; Investments; Households; Firms;

   Abstract : Quantitative Easing is an unconventional instrument when conducting monetary policy with the aim of stimulating the economy. The instrument is a complementary tool when changing the nominal interest rate is no longer effective. READ MORE

4. 3. Central Banks' Effect on Bitcoin Returns: An Event Study

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Filip Lundqvist; Christian Olivefors; [2022-07-08]
   Keywords : Event Study; Bitcoin; Efficient Market Hypothesis; Cryptocurrency; Monetary Policy Tool; Blockchain;

   Abstract : Bitcoin has become established in the financial system and has a volatile price development. Lacking trust in the financial system and monetary policy has led to increased adoption of Bitcoin. The regulation of Bitcoin can be hard to succeed with. The thesis will study the impact of central bank statements from ECB and FED on Bitcoin’s returns. READ MORE

5. 4. Managing Expectations : Signalling effects of Federal Reserve Bank announcements over inflation expectations and expected real interest rates

   University essay from Södertörns högskola/Nationalekonomi

   Author : Marianne Hanson; [2022]
   Keywords : monetary policy; communication; signaling; forward guidance; inflation expectations; real interest rates expectations.;

   Abstract : Communication is an important aspect of modern monetary policy. Since the popularization of the inflation targeting framework, communication has been used to manage expectations and maintain credibility. In recent years, forward guidance as a signaling strategy has been recognized as an important tool of monetary policy. READ MORE

6. 5. Covid-19, quantitative easing, and the awakening of abnormal returns at the Swedish stock market

   University essay from Södertörns högskola/Nationalekonomi

   Author : Emily Lindzén; Sofia Åhrman; [2022]
   Keywords : Quantitative easing; Austrian business cycle Theory; Financial instability hypothesis; Speculative bubbles; Covid-19; Abnormal returns; Kvantitativa lättnader; Österrikiska konjunkturcykelteorin; Finansiella instabilitets hypotesen; Spekulativa bubblor; Covid-19; Abnorm avkastning;

   Abstract : This thesis aims to investigate to what extent the quantitative easing monetary policy tool, applied by the Riksbank, contributed to abnormal returns at the Swedish stock market during Covid-19. The chosen time period is 2007-2022, including the period before and after the implementation of quantitative easing in Sweden in 2015. READ MORE