Arguments for monetary policy are that it controls inflation through a target interest rate; is quick and easy to implement; ...

Michelle Bowes is a Sydney-based business and personal finance journalist; author of 'Money Queens: Rule Your Money', a personal financial guidebook for teenage girls; and a personal finance speaker ...

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 ...

In any meeting of monetary policymakers, uncertainty is likely to play an important role in their deliberations. According to Alan Greenspan (2003), “Uncertainty is not just an important feature of ...

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. Monetary policy refers to the actions taken by a central bank or monetary ...

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 ...

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 ...