Seasonality and monetary policy

P Gomis-Porqueras, BD Smith - Macroeconomic Dynamics, 2003 - cambridge.org
… with seasonality by smoothing nominal rates of interest. The original motivation for this was
that seasonality … We build a model of monetary policy in the presence of seasonality that puts …

Seasonal cycles, business cycles, and monetary policy

Z Liu - Journal of Monetary Economics, 2000 - Elsevier
seasonal and cyclical monetary policies, I choose to approximate the technology seasonality
… There are no obvious reasons to speculate the policy analysis to be significantly affected if …

The Role of Seasonality and Monetary Policy in Inflation Forecasting

FY Kumah - 2006 - papers.ssrn.com
… inflation forecasts and monetary policy stances, particularly where seasonal fluctuations of …
the seasonal pattern of consumer prices in the Kyrgyz Republic and estimates optimal money

[PDF][PDF] Seasonal monetary policy

M Veracierto - Economic Perspectives, 2005 - chicagofed.org
… The main exercise in this article is to analyze what would the effects be of switching from
the seasonal money growth rates that the Fed engineers to a constant growth rate of money. …

[PDF][PDF] Residual seasonality and monetary policy

GD Rudebusch, DJ Wilson, B Pyle - FRBSF Economic Letter, 2015 - fraser.stlouisfed.org
… We uncover significant residual seasonality in the published … residual seasonality on monetary
policy is likely to be small. … remaining seasonality, we applied a second round of seasonal

UK inflation: persistence, seasonality and monetary policy

DR Osborn, M Sensier - Scottish Journal of Political Economy, 2009 - Wiley Online Library
… In the light of the changes to UK monetary policy since the early 1980s, we study the … to
the marked seasonal pattern of monthly UK inflation. After taking account of seasonality, both …

[图书][B] The economics of seasonal cycles

JA Miron - 1996 - books.google.com
… Chapter 9 appraises the seasonal monetary policy that the Fed … monetary economists. The
literature contains almost no discussion of how monetary policy should respond to seasonal

Financial panics, the seasonality of the nominal interest rate, and the founding of the Fed

JA Miron - The American Economic Review, 1986 - JSTOR
seasonal movements are anticipated, to reach conclusions about the effects of monetary
policy, … The conclusion of this paper clearly raises the question of what current monetary policy

The role of seasonality in economic time series reinterpreting money-output causality in US data

HS Lee, PL Siklos - International journal of forecasting, 1997 - Elsevier
… of 2 to 8 years long (or longer), short-term monetary policies which impinge on seasonal
fluctuations in income and money may also be of interest. Such a result casts doubts on the …

[PDF][PDF] Monetary policy and the real economy in Japan

H Yoshikawa - Japanese Monetary Policy, 1993 - nber.org
… 5.2 analyzes monetary policy in seasonal fluctuations. Section 5.3 studies monetary policy
at … Section 5.4 analyzes the transmission mechanism of monetary policy. The experiences of …