Macro-Prudential Regulation And Effective Monetary Policy, 2012 Central Bank of Nigeria
Macro-Prudential Regulation And Effective Monetary Policy, Moses K. Tule
Economic and Financial Review
This paper makes a bold attempt to examine some of the issues within the narrow context of monetary policy. Following the introduction, Section 2 examines some conceptual issues including the institutional framework for monetary and macro-prudential policy. Section 3 discusses the objectives and instruments of monetary and macro-prudential policy including indicators of systemic risk, while Section 4 examines at the interaction of macro-prudential with monetary policy and how this could be enhanced. In Section 5, the experiences of other countries with macro-prudential regulation are presented and lessons drawn for Nigeria. Section 6 concludes the paper and provides insights for an …
The Bank Of Tanzania (Bot) As The Custodian Of The Tanzanian Economy: Opportunities And Challenges, 2012 Dar es Salaam University College of Education
The Bank Of Tanzania (Bot) As The Custodian Of The Tanzanian Economy: Opportunities And Challenges, Conrad John Masabo Mr.
Conrad John Masabo Mr.
When Tanzania embarked on fundamental transformation of its economy almost two decades ago one of the top agenda in the economic reforms was the need to overhaul the financial system. And in view of pivotal role it plays in the country’s economy, the banking sector was the first to undergo reforms. Implementation of the reforms followed recommendations of the Presidential Commission on the need to modernize the banking sector dubbed the Nyirabu Commission. The BOT Act of 1995 was a landmark in Tanzania’s monetary history by adopting a single policy objective, i.e. price stability and moving away from multiple-policy objectives. …
U.S. Monetary Policy: Qe3, 2012 Ph.D. University of Chicago
U.S. Monetary Policy: Qe3, Warren Coats
Warren Coats
The Federal Reserve’s latest round of quantitative easing (QE3) is not likely to help the U.S. economy’s recovery, which is already underway, but increases the risks of new asset bubbles and inflation.
Singapore Inflation Expectations: Expecting The Unexpected, 2012 Singapore Management University
Singapore Inflation Expectations: Expecting The Unexpected, Aurobindo Ghosh, Jun Yu
Research Collection School Of Economics
The study of inflation expectations of Singapore house-holds is a multi-disciplinary industry-relevant research that comes out of a partnership between Singapore Management University (SMU) and MasterCard. The research team for this MasterCard-SKBI Singapore Index of Inflation Expectations (SInDEx) project applied rigorous methods using current internet-based marketing survey tools for data-collection and advanced econometric techniques to analyse the data. The updates from the quarterly waves are keenly followed by policymakers, market watchers and the media because of the enormous importance of cost of living to individuals and businesses alike.
Credit And Debt In Economic Theory: Which Way Forward?, 2012 Levy Economics Institute, Norges Bank
Credit And Debt In Economic Theory: Which Way Forward?, Thorvald Grung Moe
Thorvald Grung Moe
Background paper for INET workshop on Debt and finance in economics in Waterloo, Toronto nov. 2012
Financial Liberalization And Saving In Turkey, 2012 Koc University
Financial Liberalization And Saving In Turkey, Sumru G. Altug
SUMRU G ALTUG
No abstract provided.
[Sabbatical Report], 2012 Western Kentucky University
[Sabbatical Report], Youn Kim
Sabbatical Reports
I commenced the research as proposed in my application in collaboration with Keith McLaren of Monash University, Australia and Gary Wong of the University of Macau, China. I had worked with them on a related project which will be published in a journal this year. The new project is titled "Consumer Demand, Consumption, and Asset Pricing: An Integrated Analysis."
Challenges Of Development In 21st Century By Dr. Ruby Ojha, 2012 Shrimati Nathibai Damodar Thakersey Women's University
Challenges Of Development In 21st Century By Dr. Ruby Ojha, Professor Vibhuti Patel
Professor Vibhuti Patel
This book makes a path-breaking contribution to encourage discourse on some of the most neglected areas in the mainstream economics. This scholarly contribution towards understanding of the macroeconomic parameters affecting development economics goes beyond economic history and examines wide range of contemporary development problems. The book provides up-to-date reference material for development economics, gender economics, International Trade and Economics of infrastructure. The scholar has examined wide range of contemporary concerns in development studies using prism of economics. She has touched specialised areas such as gender economics, environmental economics and inter-disciplinary work on social sector of the economy. International Trade and …
Decomposing The Sources Of Earnings Inequality: Assessing The Role Of Reallocation, 2012 University of Minnesota - Twin Cities
Decomposing The Sources Of Earnings Inequality: Assessing The Role Of Reallocation, Fredrik Andersson, Elizabeth Davis, Matthew Freedman, Julia Lane, Brian Mccall, L. Kristin Sandusky
Matthew Freedman
Demographic Transition In Resource Rich Countries: A Bonus Or A Curse?, 2012 SelectedWorks
Demographic Transition In Resource Rich Countries: A Bonus Or A Curse?, Kjetil Bjorvatn, Mohammad Reza Farzanegan
Prof. Dr. Mohammad Reza Farzanegan
While East Asia benefited significantly from its demographic transition in the 1970s and 1980s, the youth wave that we currently observe in the Middle East and North Africa (MENA) has not had a similar impact on economic development. The present study argues that resource wealth is an important reason for understanding why. We develop a simple model highlighting how the income effect of increased labor supply may depend on resource rents, and provide empirical evidence that support the theoretical predictions. Using panel data covering the period from 1970–2006 for more than 120 countries, we find a negative interaction effect between …
Comparative Advantage, Scale Economy And Regional Specialization:An Empirical Analysis On China’S Industries, 2012 School of Economics, Sichuan University
Comparative Advantage, Scale Economy And Regional Specialization:An Empirical Analysis On China’S Industries, Zheng Lu, Xiang Deng
Zheng Lu (Chinese: 路征)
Current empirical studies on regional specialization mainly focused on measurement of China’s overall regional specialization level, while determinants of industrial geographical distribution, namely the regional specialization pattern, are just paid few attentions. This paper analyzed the regional specialization pattern empirically by employing statistical data of China two-digit industries from 1987 to 2007 through estimating a model which takes comparative advantage and scale economy as driven factors of industrial geographical concentration. Conclusions show that the overall regional specialization of Chinese industries increased between 1987 and 2007, however, it decreased obviously in 1990s. And, scale economy rather than comparative advantage arising from …
Flexibility At The Margin And Labor Market Volatility In Oecd Countries, 2012 Universitat Autonoma de Barcelona
Flexibility At The Margin And Labor Market Volatility In Oecd Countries, Hector Sala, José Ignacio Silva, Manuel Toledo
José Ignacio Silva
We study the business cycle behavior of segmented labor markets with flexibility at the margin (e.g., just affecting fixed-term contracts). We present a matching model with temporary and permanent jobs where (i) there is a gap in the firing costs associated with these types of jobs, and (ii) there are restrictions in the creation and duration of fixed-term contracts. We show that a labor market with flexibility at the margin increases the unemployment volatility with respect to a fully regulated one. This analysis yields new insights into the interpretation of the recent volatility changes witnessed in the OECD area.
Ma Thesis - Migration And Development: The Development Impacts Of Short-Term Labour Migration Of Ni-Vanuatu Workers To New Zealand, 2012 Queensland University of Technology
Ma Thesis - Migration And Development: The Development Impacts Of Short-Term Labour Migration Of Ni-Vanuatu Workers To New Zealand, Ronald R. Kumar
Dr Ronald R Kumar
The New Zealand’s Recognised Seasonal Employer (RSE) scheme is a New Zealand Government initiative that officially commenced in 2007. In this programme, five developing Pacific Island countries (PICs), namely Kiribati, Samoa, Solomon Islands, Tonga, and Vanuatu – referred to as the kick start countries, participated in short-term labour migration. The objectives of this Scheme are at least two fold. Firstly, the scheme was initiated to address seasonal labour shortage in New Zealand and second, to give employment opportunity to selected PICs. Since 2007, the RSE Scheme has undergone significant changes primarily addressing issues and concerns that emerged along the way. …
To Discuss The Future Development For Shanghai Xuanrun In Co.,Ltd Chemical Transformation, 2012 World Maritime University
To Discuss The Future Development For Shanghai Xuanrun In Co.,Ltd Chemical Transformation, Yuqing Mao
World Maritime University Dissertations
No abstract provided.
The Economic Appraisal And Prospect Study On Lng-Powered Vessels, 2012 World Maritime University
The Economic Appraisal And Prospect Study On Lng-Powered Vessels, Zhiyuan Luo
World Maritime University Dissertations
No abstract provided.
Does Small And Medium Enterprises’ (Smes) Understand The Concept Of Intellectual Property Rights (Ip) On Their Business?:, 2012 East Africa Secretariet
Does Small And Medium Enterprises’ (Smes) Understand The Concept Of Intellectual Property Rights (Ip) On Their Business?:, Johansein L. Rutaihwa Mr.
Johansein Rutaihwa
No abstract provided.
Weak-Form Market Efficiency And Calendar Anomalies For Eastern Europe Equity Markets, 2012 University of Greenwich
Weak-Form Market Efficiency And Calendar Anomalies For Eastern Europe Equity Markets, Francesco Guidi, Rakesh Gupta, Suneel Maheshwari
Suneel K. Maheshwari
No abstract provided.
Detecting Bubbles In Hong Kong Residential Property Market, 2012 Singapore Management University
Detecting Bubbles In Hong Kong Residential Property Market, Matthew S. Yiu, Jun Yu, Lu Jin
Research Collection School Of Economics
This study uses a newly developed bubble detection method (Phillips, Shi and Yu, 2011) to identify real estate bubbles in the Hong Kong residential property market. Our empirical results reveal several positive bubbles in the Hong Kong residential property market, including one in 1995, a stronger one in 1997, another one in 2004, and a more recent one in 2008. In addition, the method identifies two negative bubbles in the data, one in 2000 and the other one in 2001. These empirical results continue to be valid for the mass segment and the luxury segment. However, the method finds a …
The Effect Of Treasury Auction Announcements On Interest Rates: 1990-1999, 2012 University of Massachusetts - Amherst
The Effect Of Treasury Auction Announcements On Interest Rates: 1990-1999, James Forest
James J Forest
In this study we examine the secondary-market response of U.S. Treasury interest rates to both the release of pre-auction auction supply announcements and post-auction details from U.S. Treasury auctions during the period of the 1990s. Rate changes are found to differ significantly on auction days. Pre-auction announcements of auction volumes are shown to affect rates significantly, in contrast with the findings of Wachtel and Young (1987) with respect to deficit announcements. We find that surprises in the release of bid-to-cover ratios affect Treasury rates significantly, while the surprises in the volume of noncompetitive bids appears to have little affect on …
The Effect Of Treasury Auction Announcements On Interest Rates: 1990-1999, 2012 University of Massachusetts - Amherst
The Effect Of Treasury Auction Announcements On Interest Rates: 1990-1999, James J. Forest
James J Forest
In this study we examine the secondary-market response of U.S. Treasury interest rates to both the release of pre-auction auction supply announcements and post-auction details from U.S. Treasury auctions during the period of the 1990s. Rate changes are found to differ significantly on auction days. Pre-auction announcements of auction volumes are shown to affect rates significantly, in contrast with the findings of Wachtel and Young (1987) with respect to deficit announcements. We find that surprises in the release of bid-to-cover ratios affect Treasury rates significantly, while the surprises in the volume of noncompetitive bids appears to have little affect on …