monetary economics thesis pdf

optimal time-consistent monetary policy in the cashless New Keynesian framework. In this chapter, fiscal policy is trivial, due to the assumption of lump-sum tax. As a

This thesis consists of three essays concerning money supply growth, one of the main objectives in monetary policy, and economic growth. The aim of this work is to investigate the role of money in monetary policy and how money supply and seigniorage impact on output growth.

This thesis is composed of three essays studying both monetary policy as well as eco- nomic growth. The first two chapters study optimal monetary (and fiscal) policy.

economic growth rates in order to improve the population living standards. My thesis is that both monetary theory and the practice of central banking have failed to keep up with key developments in the –nancial systems of advanced market economies, and that as a

My thesis contains three chapters which focus heavily on the macroeconomic policies. The first chapter focuses on the effectiveness of monetary policy on firms with different financial constraints. The second chapter addresses on how would the optimal tax policy change the evolution of inequality.

Three Essays on Monetary Policy and Macroeconomic Stability Shadi Nezar El Ramli, Ph.D. Concordia University, 2021 The three chapters of the thesis are centered around monetary policy and macroe-conomic stability. In the first chapter, a DSGE model is simulated and estimated to

The three features taken together render any economic system complex, adaptive and dy-namic. Indeed, the chapters of this thesis try to assess the study of the economy as a complex system taking as reference point the latter issues. Since traditional DSGE models perform poorly in tackling these problems, I am working

In contemporary times, monetary policy is evaluated by examining monetary policy shocks represented by changes in nominal interest rates rather than changes in the money supply. In this thesis, we studied three interrelated concepts: the monetary policy transmission

It is widely accepted that monetary policy exerts a powerful influence on financial markets. In this dissertation, I use micro level data to study the e↵ects of unantici-pated monetary policy decisions on stock returns, credit spreads, and firm investment. By focusing on the unanticipated component, I am able to estimate the causal e↵ects

This thesis includes three self-contained chapters using applied macroeconomics and focusing on the impact of monetary policy, fiscal policy and financial devel-opment on real economy in varied context. The first chapter investigates the monetary policy transmission mechanism