Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 27 for “"Monetary shocks"”.
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Essays On The Effects Of Oil Price Shocks And Monetary Shocks On Labor Reallocation
… the asymmetric effects associated with oil and monetary shocks on the economy has revived interest in analyzing the channels of transmission that generate asymmetries in the response of economic activity to these shocks. This dissertation examines the role of the allocative channel in the …
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Inflation uncertainty, monetary shocks and economic growth: evidence from Brazil, Chile, Columbia, Mexico and Peru
… between inflation uncertainty, the conduct of monetary policy, and the level of economic growth in Brazil, Chile, Colombia, Mexico and Peru. This is accomplished by analyzing regression and nonregression evidence. The regression evidence is drawn from an earlier study by Sebatian Edwards …
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Essays in international finance
… The first chapter studies the transmission of monetary policy through the lending channel in a partially dollarized banking system. Taking advantage of the cross-sectional and time-series variation in the individual Mexican bank balance sheets, I find that the deposits and loans of banks with a …
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Behavioural Macro-Financial Cycles
… as virtually all sign identified economic shocks cause large corresponding effects on financial integration. This suggests that increases in financial integration have not been high quality: they actually appear most closely related to cyclical changes in the underlying risks of European …
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Essays in modern Macroeconomics
… pricing frictions by analysing the effects of monetary policy during high inflation and after large monetary shocks. The second chapter focuses on the interaction of heterogeneity in firm potential with financial frictions and its effect on macroeconomic outcomes. The final chapter presents a …
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Essays on Macroeconomic Shocks and the Business Cycle
This thesis studies questions on macroeconomic shocks and the business cycle using empirical methods. Over three chapters, I study the origins and implications of business cycle behaviour in the United States. My work provides a novel approach to estimating the macroeconomic risks priced in equity …
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Essays in Macroeconomics
… in the first chapter to derive a novel monetary policy shock series. Interested researchers can readily extend this idea to other areas where large amounts of technical documents are available, for example, tax policies or financial markets. In the second chapter, we develop a new method …
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Essays on the transmission mechanism of monetary policy
Chapter 1: The monetary version of the sticky price intertemporal model of Obstfeld and Rogoff (1995, 1996), in which unexpected and expansive monetary shocks unambiguously generate a permanent nominal exchange rate depreciation and a temporary current account surplus, is outlined. After discussing …
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Essays on imperfect information, macroeconomic fluctuations, and nominal rigidities
… VARs cannot be used to identify news and noise shocks. Next, we develop a structural Maximum Likelihood approach which allows us to identify the model's parameters and to evaluate the role of news and noise shocks. Applied to postwar U.S. data, this approach suggests that noise shocks play an …
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A Re-Examination Of Money And Business Cycles
… of modern macroeconomics and, in particular, monetary policy research. Generally speaking, the basic New Keynesian model is the standard framework for analysis. This framework uses optimizing agents and firms to generate a dynamic, rational expectations model analogous to traditional IS-LM …
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ON GLOBAL LINKAGES OF ECONOMIES AND ECONOMIC INTEGRATION IN LATIN AMERICA
… the transmission of US and Euro area shocks to emerging market economies by analyzing their influences on real and monetary sectors. Using the variance decomposition and impulse response function approach we find that the influence of US and Euro area real and monetary shocks varies …
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Industrial Heterogeneity in Response to Factor Price Shocks: A Dynamic Framework of Production with Money Input
… thesis studied heterogeneity in firms' use of monetary assets and how it led to differential reactions to monetary shocks. I reviewed studies on the dynamics in industry-level and firm-level output, sales, employment, and investment in response to monetary policy shocks and during business …
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Empirical Examination of Quantitative Easing in Monetary Policy and Earning Management of Financial Markets and Institutions
… by Federal Reserve Systems (FED) as an alternate monetary policy at aggregate level. Later, to complement the analysis of monetary impact at aggregate level, I also analyze the impact of monetary actions at bank stock level with a set of 186 banks. First, for the overall sample period, expected …
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The monetary transmission mechanism in Sri Lanka 1977-1985. A macro simulation approach to the modelling of the money supply process and the construction of an analytical framework for monetary management.
… in order to identify the paths through which monetary policy impulses are transmitted over this period. In doing so, - we also hope to highlight the use of macro-simulation as a tool for the analysis of the monetary transmission mechanism and to emphasise the importance of formulating monetary …
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Investigating the effectiveness of transmission mechanisms of monetary policy in Sierra Leone
… the effectiveness of transmission mechanisms of monetary policy is crucial for an economy. It is essential to understand how effectiveness the channels of transmission are in affecting economic activity. This study investigates the effectiveness of transmission mechanisms of monetary policy in …
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Essays on International Macroeconomics and Finance
… They are linked by their examination of how shocks in one country transmit internationally and how central banks can use monetary and exchange rate policies to insulate themselves from external shocks. In Chapter 1, Monetary and Exchange Rate Policies in a Global Economy, I develop a theory …
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Essays On Interrelationships Among Economic Time Series
… relatively less insulated from disturbances or shocks arising in foreign markets. This synchrony makes these markets more susceptible to foreign shocks, thus, compromising their economic autonomy. Accordingly, the issue economic interdependence among countries warrants a detailed investigation. …
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Banking market structure and bank intermediation strategies in emerging markets: three essays
… banking competition weakens the effectiveness of monetary policy. This is because an increase in the degree of market power increases the response of bank lending to the monetary policy stance. Second, competition increases stability as banks diversify across and within their business activities. …
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The Scope for Monetary Autonomy in Hong Kong and Singapore
<p>The monetary trilemma autonomy has been at the heart of a great deal of international monetary analysis. It implies that countries with fixed exchange rates and no capital controls will lose monetary autonomy. What is often not recognized, however, is that the trilemma need not hold in the short …
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Topics on firm heterogeneity and economic policy
… The third chapter analyses the effects of monetary policy on firm's investment decision by adding technology investments into otherwise standard New Keynesian models. In standard New Keynesian models growth rate of the economy is assumed to be exogenous and out of the scopes of monetary …
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