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Negative bond term premia - a new challenge for Polish conventional monetary policy

In: Inflation mechanisms, expectations and monetary policy

Author

Listed:
  • Juliusz Jabłecki

    (National Bank of Poland)

  • Andrzej Raczko

    (National Bank of Poland)

  • Grzegorz Wesołowski

    (National Bank of Poland)

Abstract

No abstract is available for this item.

Suggested Citation

  • Juliusz Jabłecki & Andrzej Raczko & Grzegorz Wesołowski, 2016. "Negative bond term premia - a new challenge for Polish conventional monetary policy," BIS Papers chapters, in: Bank for International Settlements (ed.), Inflation mechanisms, expectations and monetary policy, volume 89, pages 303-315, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:89-20
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    File URL: http://www.bis.org/publ/bppdf/bispap89t.pdf
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    References listed on IDEAS

    as
    1. Sebastian Edwards, 2015. "Monetary Policy Independence under Flexible Exchange Rates: An Illusion?," The World Economy, Wiley Blackwell, vol. 38(5), pages 773-787, May.
    2. Rey, Hélène, 2015. "Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence," CEPR Discussion Papers 10591, C.E.P.R. Discussion Papers.
    3. Sebastian Edwards, 2015. "Monetary Policy Independence under Flexible Exchange Rates: An Illusion?," NBER Working Papers 20893, National Bureau of Economic Research, Inc.
    4. Sebastián Claro & Luis Opazo, 2014. "Monetary policy independence in Chile," BIS Papers chapters, in: Bank for International Settlements (ed.), The transmission of unconventional monetary policy to the emerging markets, volume 78, pages 111-123, Bank for International Settlements.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Grzegorz Wesoƚowski, 2018. "Do long-term interest rates drive GDP and inflation in small open economies? Evidence from Poland," Applied Economics, Taylor & Francis Journals, vol. 50(57), pages 6174-6192, December.
    2. Kolasa, Marcin & Wesołowski, Grzegorz, 2020. "International spillovers of quantitative easing," Journal of International Economics, Elsevier, vol. 126(C).
    3. Beniak, Patrycja, 2019. "The emerging market reaction to Fed tightening," MPRA Paper 96545, University Library of Munich, Germany, revised 29 Oct 2019.
    4. Marcin Dec, 2021. "Parsimonious yield curve modeling in less liquid markets," GRAPE Working Papers 52, GRAPE Group for Research in Applied Economics.

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