Now showing items 1-10 of 10

    • Li, Jingyuan (Texas A&M University, 2004-11-15)
      A central bank is usually assigned two functions: the control of inflation and the maintenance of a safetybanking sector. What are the precise conditions under which trigger strategies from the private sector can solve the ...
    • Chiang, Hui-Chu (2009-05-15)
      The dissertation consists of three essays. Chapter II examines the asymmetric effects of monetary policy on stock prices by using an unobserved components model with Markov-switching. My results show that monetary policy ...
    • Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2023-07-21)
      In the 21st Century, the tools of monetary policy changed fundamentally with the onset of the Great Recession and the Covid-Pandemic, both of which led to significant asset expansions of the Federal Reserve to the tune of ...
    • Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-11-15)
      While none of the current cryptocurrencies, themselves, currently circulate in general commerce, many crypto exchanges have arisen that exchange the various cryptocurrencies for one another and for titles to U.S. dollars. ...
    • Zubairy, Sarah; Alpanda, Sami (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-08-27)
      Monetary policy was used during the Great Recession to stimulate the U.S. economy, but were its effects dependent on prevailing levels of high household debt? In working paper 1806, PERC Professor Sarah Zubairy and coauthor ...
    • Zubairy, Sarah; Alpanda, Sami (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2018-10-09)
      During past recessions like the Great Recession, policy makers sought to boost the economy through fiscal and monetary policy changes. Taking into account the economy’s slow recovery, how effective were the monetary ...
    • Bullock, Ashley (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2022-02-08)
      In the Winter 2022 issue of PERCspectives on Research, Sarah Zubary, PERC's Shirley A. Lynch Fellow, shares her experiences working at the Bank of Canada, being selected as a prestigious Chancellor’s Enhancing Development ...
    • Saving, Thomas R. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-12-20)
      The persistence of negative interest rates in the Euro-Zone and Japan coupled with low inflation raises the question of the efficacy of central banking in a negative interest rate world. Given that interest rates have been ...
    • Rholes, Ryan Austin (2021-05-03)
      This dissertation comprises three chapters focused on the conduct of monetary policy. Specifically, I use a blend of empirical and experimental research methods study unconventional monetary policy alternatives, to quantify ...
    • Jansen, Dennis W.; Zervou, Anastasia S. (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2015-07-09)
      The authors study the time varying effects of monetary policy on the stock returns in order to capture changes in the effectiveness of monetary policy over time. They find that a one percentage point surprise federal funds ...