PPT-Monetary and Fiscal

Policy Economics Monetary Policy Monetary Policy The expansion or contraction of the money supply in order to influence the cost and the availability of credit Federal Reserve Privately owned publicly run central bank of the United States of America. An . International Perspective. Jeffrey Frankel. Seminar on Macroeconomic . Policy. Harvard Economics Department. April 28, 2015. “Fiscal alchemy”?. Eric . Leeper. had it . backwards:. ". Monetary science, fiscal alchemy" . Macro-policy and Inflation. Steven Barnett. (May 2010). Main Points. Inflation should be BOM’s main objective. Inflation outlook is worrisome. Monetary policy tightening should continue. Fiscal policy should not add to demand. Monetary Policy. Fiscal and Monetary Policy. The Nature of Fiscal Policy. THE NATURE OF FISCAL POLICY. The purpose of fiscal policy. correcting a fundamental disequilibrium. fine tuning. Government finances. Monetary System. Relationship between monetary system and foreign exchange rates. Historical development. Fixed vs floating exchange rates. Role of the IMF and World Bank. Implications for managers. International Monetary System. OF EXCHANGE RATES. LECTURE 23 --. . . Building blocs. - Interest rate parity. - Money demand equation. - Goods markets. . Flexible-price . version: . monetarist/Lucas model. - . derivation. - applications: hyperinflation; speculative . Lawrence Christiano. Northwestern University. Overview. A new consensus has emerged about the rough outlines of a model for the analysis of monetary policy.. Consensus influenced heavily by estimated impulse response functions from Structural Vector . . Some Unanswered Questions. Rashad . Cassim. Economic Research and Statistics . Stellenbosch University. 27/02/2017. Objectives of Presentation. T. o share with you some of the analytical and empirical difficulties we experience in making sense of the current . The Federal Reserve. Susan Kizer. Economic Education Coordinator. The opinions expressed are solely those of the presenters and do not reflect the opinions of the Federal Reserve System. . . Monetary Policy. Saudi Arabian Monetary Agency (SAMA). Central bank of Saudi Arabia. Was established in 1952. Functions. To deal with the banking affairs of the government. Minting and printing the national currency, strengthening the Saudi currency and stabilizing its external and internal value, in addition to strengthening the currency’s cover. Problem. : Recession. . Tools of Expansionary Monetary Policy and usage. :. Reserve . Requirement . – . decrease. . (creates more . excess reserves . that may be loaned out & increases . FFIEC BSA/AML Examination ManualJune 2021PURCHASE AND SALE OF CERTAIN MONETARY INSTRUMENTS RECORDKEEPING Objective Assess the bankcompliancewiththeBanks sell a variety of monetary instruments such as Barbulean. STAGES OF INFLATION. 1. CREEPING INFLATION (0%-3%). 2. WALKING INFLATION ( 3% - 7%). 3. RUNNING INFLATION (10% - 20 %). 4. HYPER INFLATION ( 20% and abv). TYPES OF INFLATION. The Influence of Monetary and Fiscal Policy on Aggregate Demand. Monetary policy refers to the control of a country’s quantity of money by its central bank. We saw the . long-run effects. of monetary policy in Chapter 12 (Money Growth and Inflation). . Introduction. - Monetary policy is concerned with the changes in the supply of money and credit. It refers to the policy measures undertaken by the government or the central bank to influence the availability, cost and use of money and credit with the help of monetary techniques to achieve specific objectives. It aims to influence two major variables:.