Discover the differences, benefits, and impacts of fiscal and monetary policies on economic stability and growth.
The 302nd meeting of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), held on September 22 and 23, represents a pivotal moment in the country’s evolving monetary policy stance.
Nominal GDP is a crucial indicator for understanding macroeconomic policy mistakes. Fiscal policy and supply shocks are often overrated in their impact on nominal GDP growth. The earlier, simpler ...
“Greedflation.” “Shrinkflation.” “Junk fees.” “Price gouging.” “Monopoly power.” Barely a week goes by without President Biden or some other politician slamming companies for the prices they charge.
Understanding the differences between monetary policy and fiscal policy is crucial for investors in 2024 and beyond. Fiscal policy has a more significant impact on the stock market than monetary ...
New research employing advanced machine learning techniques reveals that China's collateral monetary policy has significantly stimulated shadow banking growth while increasing bank risks. The study ...
Monetary policy influences inflation dynamics by exerting impact on a diverse array of commodity prices. At high frequencies, we show that a 10 basis points increase in US monetary policy rate reduces ...
How does rational inattention interact with financial frictions? I provide new empirical evidence from survey data suggesting that this interaction likely plays a critical role in understanding ...