Monetary policy is a central bank's actions to influence how much money is in the economy and how much it costs to borrow, with the aim of keeping inflation low and stable. Since the financial crisis of 2007 and 2008, central banks around the world have taken extreme monetary policy measures to recover the pre-crash dynamism of their economies.
Our research aims to develop new financial and economic theories. This allows us to assess the impacts of monetary policy measures on and via the financial markets, and on indicators in the economy.
Our research covers the following topics
- Decision-making on stock and housing market regimes
- How stock and oil markets are affected by uncertainty about macroeconomic policy
- The merits of measures of consumer confidence for the purpose of forecasting the growth of household consumption expenditure
- Central banks’ economic and institutional characteristics
- The correlation between monetary policy and economic growth
- The interaction between central banks and the financial market
Our research includes empirical and theoretical work, and uses quantitative research methods, such as regressions and political economy.
Funders and publicationsOur research has been funded by the Great Britain Sasakawa Foundation and the Toshiba International Foundation, and published in the Journal of International Financial Markets, Institutions and Money; Economics Letters; Journal of Economic Issues; Applied Economics; European Journal of Finance; and the International Review of Financial Analysis.
dynamic connectedness under the prism of recent geopolitical and economic unrest. Antonakakis, N, Chatziantoniou, I and Filis, G. International Review of Financial Analysis, 50, 1-26
Chatziantoniou, I., Filis, G. and Floros, C. Global Finance Journal, 32, 97-112
Gausden, R. and Hasan, M. S. Applied Economics
a not so straightforward relationship. Bakas, D., Chortareas, G. and Magkonis, G. Oxford Economic Papers
core versus periphery. Magkonis, G. and Sharma, A. Scottish Journal of Political Economy
Stenfors, A. Journal of Securities Operations & Custody
Stenfors, A. and Susai, M. Journal of Economic Issues, 52(2), 387-395
Discover our areas of expertise
Monetary policy is 1 of our 4 areas of expertise in our Economics research area – explore the others below.
We examine how economics influences the preservation and sustainability of natural resources such as aquatic ecosystems.
We investigate how psychological, emotional and social factors affect economic decision-making.
Interested in a PhD in Economics?
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