Sökning: "Central bank policy"
Visar resultat 1 - 5 av 35 avhandlingar innehållade orden Central bank policy.
1. Determinants and Effects of Central Bank Independence Reforms
Sammanfattning : This thesis consists of four empirically oriented papers on central bank independence (CBI) reforms. Paper [1] is an investigation of why politicians around the world have chosen to give up power to independent central banks, thereby reducing their ability to control the economy. LÄS MER
2. Vad styr ledaren? : Om beslutsfattare och policyförändring i säkerhetspolitiska kriser
Sammanfattning : This thesis concerns the two-part question, “By what are leaders guided and by what means do leaders guide, when the direction of central decisions is to be determined?”. The dependent variable is the direction of the final, centrally-made decision which is related to the current policy. LÄS MER
3. Essays on monetary policy
Sammanfattning : This thesis consists of four papers investigating different aspects of the interaction between monetary policy and expectations.Price-Level Targeting Versus Inflation Targeting in a Forward-Looking Model examines a price-level target in a model with a forward-looking Calvo-Taylor Phillips curve. LÄS MER
4. Essays on the political economy of central bank policy
Sammanfattning : This thesis consists of four independent essays, summarized below.In "Optimal Inflation Targets, Inflation Contracts and Political Cycles", we show that inflation contracts and inflation targets can eliminate both the inflation bias and politically induced variance, if electoral uncertainty merely is due to different preferences. LÄS MER
5. Expectations, Uncertainty, and Monetary Policy
Sammanfattning : Essay 1 - To evaluate measures of expectations I examine and compare some of the most common methods for capturing expectations: the futures method which utilizes financial market prices, the VAR forecast method, and the survey method. I study average expectations on the Federal funds rate target, and the main findings can be summarized as follows: i) the survey measure and the futures measure are highly correlated; the correlation coefficient is 0. LÄS MER