... research helps to fill the gap in this area. Second, there is no conclusive evidence on whether the monetary policy framework should take the financial cycle into account. Our findings provide a clear answer and a useful reference for the practice of monetary policy in other countries. Design...

...Olumide O. Olaoye; Mulatu F. Zerihun Purpose The study examined the roles of fiscal and monetary policy in reducing poverty in sub-Saharan Africa (SSA), while accounting for macroeconomic disruptions. In particular, the study examined the complementarity of fiscal and monetary policy to mitigate...

...Gloria Clarissa Dzeha; Christopher Boachie; Maryam Kriese; Baah Aye Kusi Purpose This study provides empirical evidence for the first time on how different measures of monetary policy affect banking profitability in Ghana. Design/methodology/approach Providing empirical evidence on how...

.... Practical implications Even though the findings indicate an aspect of increased responsiveness over the period, the sluggish adjustment of deposit rates imply that monetary policy is still ineffective and not uniform across the different deposit rate categories. Originality/value To the best...

...Janusz Brzeszczyński; Jerzy Gajdka; Tomasz Schabek; Ali M Kutan Purpose This study contributes to the pool of knowledge about the impact of monetary policy communication of central banks on financial instruments' prices and assets' value in emerging markets. Design/methodology/approach...

...Harpreet Singh Grewal; Pushpa Trivedi Purpose The purpose of this paper is to investigate the impact of the US unconventional monetary policy surprises on the management of trilemma in India. Design/methodology/approach This paper uses the event study approach along with OLS and MANOVA...

...Antonio Francisco de Almeida da Silva Junior Purpose This work presents a model of a two-period economy to discuss the link between the precautionary motivation for holding international reserves and the country's monetary policy concerns due to a crisis. Design/methodology/approach...

...Muntazir Hussain; Usman Bashir; Ahmad Raza Bilal Purpose The purpose of this paper is to investigate the risk-taking channel of monetary policy transmission in the Chinese banking industry. This study also investigates the role of various other factors in the risk-taking channel. Design...

...Zaheer Anwer; Wajahat Azmi; Shamsher Mohamad Ramadili Mohd Purpose The purpose of this paper is to appraise the effectiveness of monetary policy actions in variant market conditions for Islamic stocks. These stocks offer ground for a natural experiment as they have restrictions on the line...

...Mohamed Aseel Shokr; Anwar Al-Gasaymeh Purpose The purpose of this paper is to examine the relevance of the bank lending channel (BLC) of monetary policy and the bank efficiency in Egypt. Design/methodology/approach This paper examines the effectiveness of bank lending channel using...