Essays about: "Monetary Transmission Mechanism"

Showing result 6 - 10 of 16 essays containing the words Monetary Transmission Mechanism.

  1. 6. The effect of Housing in the Monetary Transmission Mechanism of Consumption in Euro Countries

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Rasmus Löfström; [2019]
    Keywords : Housing; Consumption; Monetary transmission mechanism; Business and Economics;

    Abstract : This paper examines the indirect effect housing plays in the monetary transmission mechanism (MTM) of consumption. This is done by following the method of Giuliodori (2005) and estimating structural vector autoregressive models (SVAR) for 16 developed countries, from the first quarter of 1970 to the last quarter of 2018. READ MORE

  3. 7. Empirical evidence of stock return predictability using macroeconomic variables

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jonatan Gustafsson; Carl Ferm; [2018]
    Keywords : Granger Causality; Predictive Regressions; Trading Strategies; Macroeconomic Variables; Repo Rate;

    Abstract : We investigate whether macroeconomic variables can predict returns of the OMXS30 index in the short run, and if an investor can generate abnormal profits from using the variables with significant predictive power. Granger causality tests, along with a predictive OLS regression framework show that the first difference of the repo rate and the log difference in exchange rates significantly Granger cause stock returns on the Swedish market. READ MORE

  4. 8. The Development of the Relation Between the Swedish Repo Rate and the Three-month Mortgage Rate

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Henrik Hedencrona; Ludwig Olofsson; [2017-07-03]
    Keywords : ;

    Abstract : This paper examines whether the effect of the Swedish repo rate on the mortgage rate has changed during the period between the years of 2005-2017. The relation between the repo rate and mortgage rate is examined during three time intervals using regressions and correlation analysis. READ MORE

  5. 9. Nonlinearities in the Transmission Between Financial Stress, Monetary Policy and the Business Cycle - a Threshold VAR Approach

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Olle Warström; [2017]
    Keywords : Financial Stress; Transmission mechanism; nonlinearities; Business and Economics;

    Abstract : This paper investigates nonlinear transmissions between financial stress, monetary policy and the business cycle. Using a threshold VAR model on Swedish quarterly data the presence of nonlinearities in aforementioned transmission is corroborated by the nonlinearity-test suggested by Hansen (1996). READ MORE

  6. 10. Negative Interest Rate & the Level of Household Debt : A Vector Autoregressive approach in a European perspective.

    University essay from Umeå universitet/Nationalekonomi

    Author : Marcel Netzén Örn; [2017]
    Keywords : Level of household debt; interest rate; negative interest rate; transmission mechanism.;

    Abstract : Ever since the big recession of the world economy 2007, the central banks in Europe have struggled to regain financial stability. Their goals have been hard to reach and 2014 The European Central bank (ECB) introduced negative interest rates for the first time in the world history. READ MORE