Sökning: "Policy rate transmission"

Visar resultat 1 - 5 av 44 uppsatser innehållade orden Policy rate transmission.

1. 1. The impact of firm-level greenness on the transmission of monetary policy shocks to stock market prices in Sweden

   C-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Författare :Marcus Boman; Ira Kansara; [2024]
   Nyckelord :Monetary Policy; Heterogeneity; Sustainable Investing; ESG; Green Transition;

   Sammanfattning : A growing literature has indicated that monetary policy shocks impact the stock prices of brown firms more strongly than the stock prices of green firms. Monetary policy tightening is associated with lower stock prices since it leads to a higher cost of capital and in turn a higher discount rate for the expected stream of cash flows. LÄS MER

3. 2. An Empirical Study of Monetary Policy Transmission Through Floating Rate Corporate Debt

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :BEHZAD JAWAN BAKHSH; DENNIS MUTISO MULI; [2023-06-29]
   Nyckelord :Monetary policy surprise; Monetary policy transmission; Cash flow channel; Fed; Federal Open Market Committee; Forward guidance; SEC filings; Hedging; Bank Debt; Floating rate debt;

   Sammanfattning : Considering the contemporary shift in the interest rate regime and the high levels of corporate debt in the US market, we show that monetary policy surprises have an impact on stock returns. This impact is dominated by a surprise in Fed forward guidance. LÄS MER

4. 3. Wealth Redistribution through Balance Sheet Revaluations - Evidence from Norway

   Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Gustav Sundén; [2023]
   Nyckelord :Inequality; Wealth; Monetary Policy; Inflation; Household Heterogeneity; Business and Economics;

   Sammanfattning : This thesis investigates the impact of fluctuations in inflation, monetary policy, and oil prices on the balance sheets of Norwegian households across the wealth distribution. Using a Bayesian Structural Vector Autoregression model, this study simulates the shocks and assesses their transmission through the unexpected inflation and portfolio composition channel throughout the wealth distribution. LÄS MER

5. 4. Opening The Gates to The Swedish Mortgage Market - A Study on How the Recent Emergence of Mortgage Credit Companies Affects Real Interest Rates in Sweden

   C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Hanna Eriksson; Ludvig Höjman; [2023]
   Nyckelord :Mortgage credit companies; Lag 2016:1024; average mortgage interest rate; policy rate transmission;

   Sammanfattning : This paper examines the impact of the emergence of mortgage credit companies (MCCs) on real mortgage interest rates in Sweden. Our results reveal that MCCs exert downward pressure on average mortgage interest rates for the whole market and monetary financial institutions (MFIs), with statistical significance for most interest rate fixation periods. LÄS MER

7. 5. Hitting the Target: An Analysis of Inflation Targeting Policies

   C-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Författare :Elin Roslund; Victoria Benckert; [2023]
   Nyckelord :Inflation Target; Inflation; Generalized Synthetic Control Method; Discretion; Taylor Rule;

   Sammanfattning : Acknowledging that world inflation reached its highest levels in decades in 2022, this paper investigates how the adoption of an inflation targeting regime has affected the inflation level and the inflation variability for a sample of five advanced economies from 1980 until the end of 2020. This paper discusses the implications of inflation targets in relation to the relative output growth across inflation targeting and non-inflation targeting economies to further contribute to the debate about its efficacy. LÄS MER