Statistics and econometrics
Measures of the Transnationalization of Economic Activity
Издател: United Nations
This book provides an overview of the conceptual issues relating to the measurement of transnationalization and discusses the advantages and drawbacks of different measures. Using a variety of measures, the study analyzes trends in transnationalization for a number of economies: Canada, Germany, Japan, the Netherlands, the Republic of Korea,
Monetary Policy Implementation Without Averaging or Rate Corridors
William Whitesell
Издател: Board of Governors of the Federal Reserve System
Most central banks now implement monetary policy by trying to hit a target overnight interest rate using one of two types of frameworks. The first involves arrangements for depository institutions to hold a minimum account balance over a multi-day averaging period. The second uses the central bank's lending rate as a ceiling and its deposit rate
Paper or Plastic? The Effect of Time on Check and Debit Card Use at Grocery Stores
Elizabeth Klee
Издател: Board of Governors of the Federal Reserve System
Time is a significant cost of conducting transactions, and theoretical models predict that transactions costs significantly affect the type of media of exchange buyers use. However, there is little empirical work documenting the magnitude of this effect. This paper uses grocery store scanner data to examine how time affects consumer choices of
Real-Time Model Uncertainty in the United States: the Fed 1996-2003
Robert Tetlow , Brian ironside
Издател: Board of Governors of the Federal Reserve System
We study 30 vintages of FRB/US, the principal macro model used by the Federal Reserve Board staff for forecasting and policy analysis. To do this, we exploit archives of the model code, coefficients, baseline databases and stochastic shock sets stored after each FOMC meeting from the model's inception in July 1996 until November 2003. The period
Книги: 21 - 30 от общо 101