Our results indicate that monetary policy exerts significant and durable effects on labor-market conditions as measured by online job vacancy postings in our sample of countries. First, a ...

Contractionary monetary policy shocks that raise long-term risk-free rates reduce insurers' demand for private debt, raising risk premia. We use granular, high frequency data and regulatory changes to ...

Monetary policy became tight last year due to substantial FX sales undertaken by the RBI to limit depreciation pressure on INR. This resulted in interbank liquidity deficit surging to INR2tn in ...

Fiscal policy involves government spending and tax measures impacting the economy and investor decisions. Contrasting with monetary policy, fiscal policy is set by legislatures and affects stocks ...

“Gone are the days of lack of coordination with respect to the ‘two legs’ of monetary policy and fiscal or national budget management.” Tight, or contractionary, monetary policy is a ...

The Executive Director of the Institute of Economic Research and Public Policy (IERPPT) and the Dean, Faculty of Accounting ...

Existing high-frequency monetary policy shocks explain surprisingly little variation in stock prices and exchange rates around FOMC announcements. Further, both of these asset classes display ...

What are the likely consequences of uncertain US tariffs on the euro area economy and its monetary policy? The economic literature highlights three main conclusions. Without considering second-round ...