Now showing items 1-2 of 2

    • Effect of Financial Development on the Transmission of Monetary Policy 

      Seth, Rama; Kalyanaraman, Vaanchitha (Scientific Research, 2017-06)
      This paper looks at the effect of financial development on output and bank liquidity by doing a cross-country analysis of 119 countries across 18 years from 1997-2014. We develop three hypotheses by combining multiple ...
    • Risks to Financial Stability and Monetary Policy: Rules or Discretion? 

      Barrett, Charles Richard; Kokores, Ioanna T.; Sen, Somnath (Scientific Research, 2017-06)
      We evaluate monetary policy which is conducted in a way that addresses financial stability as an explicit monetary policy objective using a simple game theoretic model analysing the strategic interaction between a central ...