International Financial Markets and Monetary Policy

The global financial crisis plunged the global economy into a great recession. Many central banks responded with unconventional monetary policies such as quantitative easing, negative policy rates, and forward guidance to calm down financial markets. The COVID-19 pandemic led the global economy, fin...

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collection Directory of Open Access Books
description The global financial crisis plunged the global economy into a great recession. Many central banks responded with unconventional monetary policies such as quantitative easing, negative policy rates, and forward guidance to calm down financial markets. The COVID-19 pandemic led the global economy, financial markets, and central banks to face even more severe problems. Central banks set up further asset purchase programmes to complement existing unconventional monetary policy measures that have already been in place to help the economy to absorb the COVID-19 shock. The new crisis has increased the importance of preserving financial stability through the international cooperation of central banks around the globe. Managing the expectations of market participants plays a crucial role in the context of financial stability. Therefore, the aim of this Special Issue is to disseminate important empirical and theoretical research questions concerning the connection between monetary policy and international financial markets and to stimulate discussion among academics and policymakers. A special focus is devoted to emerging and developing economies. The Special Issue covers several different articles on a variety of topics from the fields of monetary policy and international financial markets. The contributions address research questions on exchange rates, cryptocurrencies, stock markets, the connection between money supply and inflation after the COVID-19 pandemic, the role of commodity price shocks for banking system stability in developing countries, global liquidity effects, the twin deficit, and the Taylor rule.
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publisher MDPI - Multidisciplinary Digital Publishing Institute
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spelling doab-20.500.12854ir-981592024-04-09T23:16:03Z International Financial Markets and Monetary Policy Czudaj, Robert exchange rates cryptocurrencies inflation COVID-19 commodity prices emerging and developing countries stock markets banking thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TB Technology: general issues thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TB Technology: general issues::TBX History of engineering and technology The global financial crisis plunged the global economy into a great recession. Many central banks responded with unconventional monetary policies such as quantitative easing, negative policy rates, and forward guidance to calm down financial markets. The COVID-19 pandemic led the global economy, financial markets, and central banks to face even more severe problems. Central banks set up further asset purchase programmes to complement existing unconventional monetary policy measures that have already been in place to help the economy to absorb the COVID-19 shock. The new crisis has increased the importance of preserving financial stability through the international cooperation of central banks around the globe. Managing the expectations of market participants plays a crucial role in the context of financial stability. Therefore, the aim of this Special Issue is to disseminate important empirical and theoretical research questions concerning the connection between monetary policy and international financial markets and to stimulate discussion among academics and policymakers. A special focus is devoted to emerging and developing economies. The Special Issue covers several different articles on a variety of topics from the fields of monetary policy and international financial markets. The contributions address research questions on exchange rates, cryptocurrencies, stock markets, the connection between money supply and inflation after the COVID-19 pandemic, the role of commodity price shocks for banking system stability in developing countries, global liquidity effects, the twin deficit, and the Taylor rule. 2023-03-07T16:37:12Z 2023-03-07T16:37:12Z 2023 book ONIX_20230307_9783036568942_169 9783036568942 9783036568959 https://directory.doabooks.org/handle/20.500.12854/98159 eng image/jpeg Attribution 4.0 International https://mdpi.com/books/pdfview/book/6932 MDPI - Multidisciplinary Digital Publishing Institute 10.3390/books978-3-0365-6895-9 10.3390/books978-3-0365-6895-9 46cabcaa-dd94-4bfe-87b4-55023c1b36d0 9783036568942 9783036568959 268 Basel open access
spellingShingle exchange rates
cryptocurrencies
inflation
COVID-19
commodity prices
emerging and developing countries
stock markets
banking
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TB Technology: general issues
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TB Technology: general issues::TBX History of engineering and technology
International Financial Markets and Monetary Policy
title International Financial Markets and Monetary Policy
title_full International Financial Markets and Monetary Policy
title_fullStr International Financial Markets and Monetary Policy
title_full_unstemmed International Financial Markets and Monetary Policy
title_short International Financial Markets and Monetary Policy
title_sort international financial markets and monetary policy
topic exchange rates
cryptocurrencies
inflation
COVID-19
commodity prices
emerging and developing countries
stock markets
banking
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TB Technology: general issues
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TB Technology: general issues::TBX History of engineering and technology
topic_facet exchange rates
cryptocurrencies
inflation
COVID-19
commodity prices
emerging and developing countries
stock markets
banking
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TB Technology: general issues
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TB Technology: general issues::TBX History of engineering and technology
url ONIX_20230307_9783036568942_169