The continuous depreciation of the exchange rate in Ghana has raised concern about its
effect on inflation and the economy at large. This paper examines the threshold effect of …

This paper investigates the interaction between monetary policy and financial stability in the
Gulf Cooperation Council (hereafter GCC) countries by introducing a new composite …

Although optimal monetary policy stabilizes food inflation theoretically, empirical studies
remain limited not only in the context of volumes and the estimation approaches, but are …

This paper examines the bank lending channel of monetary transmission in Malaysia, a
country with a dual banking system including both Islamic and conventional banks, over the …

After decades of research, discussions related to the link between political events and
monetary policy have been ongoing. The purpose of this study is to examine whether …

How does emerging markets'(EMs) monetary policy respond to global financial risk (GFR)
shocks? Despite the broad literature focusing on EM monetary policy dynamics, the existing …

The subject of this paper is the evaluation of monetary policy reaction function on panel data
of 37 world economies, both advanced and emerging markets, during the period of 1995Q1 …

The interplay between policy-setting by the Federal Reserve and inflation is explored during
a period with significant and diverse episodes from 1979 onwards. Our unrestricted …

It is often the case that when the stance of monetary policy is discussed in the news,
reference is made to the nominal policy rate and how much the central bank had changed …

Based on the argument that monetary policy credibility can reduce the fear of floating, we
analyze this hypothesis for a set of 47 countries (of which, 32 are developing countries, 26 …