We discuss the theoretical rationale for central bank communication about future policy
rates, either as part of inflation targeting or in the form of forward guidance. We also …

This paper examines gross financial inflows to developing countries between 2000 and
2013, with a particular focus on the potential effects of quantitative easing policies in the …

This paper examines gross financial inflows to developing countries between 2000 and
2013, with a focus on the potential effects of quantitative easing (QE) policies in the United …

Some observers have argued that the projections for high and rising debt pose a grave
threat to the country's economic future and give the government has less fiscal space to …

In a remarkable 180-degree turn from their long-standing tradition of secrecy, many central
banks nowadays consider communication an important policy instrument. 1 Blinder et …

This paper observes effect of money supply on the stock market through the portfolio
balance channel as a transmission mechanism of monetary policy. National flow of funds …

Scholars of financialisation have argued that the emergence of finance-led grow regimes
requires new instruments for effective conduct of economic policy. In this scholarship, central …

This paper employs a medium scale Bayesian VAR model to provide a rich picture of the
transmission of unconventional monetary policy (UMP) shocks in various dimensions of the …

We study the impact of forward policy rate guidance by the Federal Reserve's Federal Open
Market Committee (FOMC) used as an unconventional monetary policy tool at the zero lower …

It remains difficult to measure the impact of the different episodes of quantitative easing (QE)
undertaken since 2008 in the major advanced economies (the US, the UK and Japan). One …