Does the Effectiveness of Monetary Policy Depend on the Choice of Policy Instrument? Empirical Evidence from South Korea

MC Zuniga, D Senbet - Journal of Central Banking Theory and …, 2023 - sciendo.com
This study provides robust evidence on how the choice of the policy instrument for monetary
policy influences its impact on economic activity. We study the case of South Korea for the …

Do Financial Markets Allow the Independence of Central Banks?

DR Miró, P Piffaut, RP Zurdo - Journal of Central Banking Theory and …, 2024 - sciendo.com
The research work presented below addresses the possible concern of central bank
independence through the development and application of econometric models. The …

SERMAYE AKIMLARINA KARŞI OTOMOTİK DENGELECİ OLARAK REZERV OPSİYON MEKANİZMASI: VEKTÖR OTOREGRESIF (VAR) ANALİZİ

H Tunalı, D Kalkay - PressAcademia Procedia, 2023 - dergipark.org.tr
Amaç-Amaç-2008 Küresel finans krizi sonrasında gelişmiş ülke merkez bankalarının
uygulamış olduğu parasal genişleme politikaları sonuncunda finansal piyasalara yüklü …

[PDF][PDF] THE RESERVE OPTION MECHANISM AS AN AUTOMATIC STABILIZER AGAINST CAPITAL FLOWS: VECTOR AUTOREGRESSIVE (VAR) ANALYSIS

H Tunali, D Kalkay - researchgate.net
Purpose-a result of the quantitative easing policies implemented by the central banks of
developed countries after the 2008 global financial crisis, a large amount of liquidity was …