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Monetary Policy Frameworks: An Index and New Evidence

Author/Editor: D Filiz Unsal, Chris Papageorgiou, Hendre Garbers.

Release Date:January, 2022

We provide a multidimensional characterization of monetary policy frameworks across three pillars: Independence and Accountability, Policy and Operational Strategy, and Communications (IAPOC). We more...



Price: $5.00
Global Financial Crisis, Financial Contagion, and Emerging Markets

Author/Editor: F Gulcin Ozkan, D Filiz Unsal.

Release Date:December, 2012

The recent global financial crisis was the first in recent history that was triggered by problems in the financial system of the mature economies. Existing work on financial crisis in emerging market more...



Price: $18.00
On the Sources and Consequences of Oil Price Shocks: the Role of Storage

Author/Editor: Deren Unalmis, Ibrahim Unalmis, D Filiz Unsal.

Release Date:November, 2012

Building on recent work on the role of speculation and inventories in oil markets, we embed a competitive oil storage model within a DSGE model of the U.S. economy. This enables us to formally more...



Price: $18.00
The Effectiveness of Monetary Policy Transmission Under Capital Inflows: Evidence from Asia

Author/Editor: Sonali Jain-Chandra, D Filiz Unsal.

Release Date:November, 2012

The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large more...



Price: $18.00
On the Sources of Oil Price Fluctuations

Author/Editor: Deren Unalmis, Ibrahim Unalmis, D Filiz Unsal.

Release Date:December, 2009

Analyzing macroeconomic impacts of oil price changes requires first to investigate different sources of these changes and their distinct effects. Kilian (2009) analyzes the effects of an oil supply more...



Price: $18.00