Arguments for monetary policy are that it controls inflation through a target interest rate; is quick and easy to implement; ...
In theory at least, an asset price can be separated into a component determined by underlying economic fundamentals and a nonfundamental bubble component that may reflect price speculation or ...
Dan Cohen receives funding from the Social Sciences and Humanities Research Council Martine August receives funding from the Social Sciences and Humanities Research Council of Canada (SSHRC), and the ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Monetary policy is the bedrock of any ...
This paper sheds new light on an overlooked channel of monetary transmission: the relationship between central bank interest rate policy and the economy’s trade position. It examines the impact of ...