Skip to main content Accessibility help
×
  1. Home
  2. Search

Refine search

Refine search

Access:
Content type:
Publication date:
Apply   From and To filters
Subject: Show more
Journals Show more
Publishers: Show more
Societies Show more
Series: Show more
Collections: Show more

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
Cancel
×

50 results

Page 1 of 3

Reflections on Monetary Policy after 25 Years of the MPC
  • Edited by Sean Holly, Michael McMahon, Stephen Millard, Anna Watson
  • Published online:
    14 November 2024
    Print publication:
    21 November 2024
  • The Bank of England was given operational independence by the UK Parliament in 1997. The key feature of this independence is that the Bank's Monetary Policy Committee has sole responsibility for setting interest rates to achieve the Government's inflation target. Featuring contributions from leading academics and practitioners, Reflections on Monetary Policy after twenty-five years of the MPC assesses and reflects on this independence, particularly in relation to the activities of the Monetary Policy Committee. The book is organised around four main themes: the remit given to the Bank of England in 1997, the decision-making process by which the Bank determines monetary policy, the use of unconventional policy after the financial crisis of 2007–11, and the scale and scope of the communication that the Bank uses to inform the public. It argues that the economy works best when agents understand why the central bank behaves in a particular way.

  • I Came, I Saw, I Voted: Distance to Polling Locations and Voter Turnout in Ontario, Canada

  • Holly Ann Garnett, Sean Grogan
  • Journal:
    Canadian Journal of Political Science/Revue canadienne de science politique / Volume 54 / Issue 2 / June 2021
    Published online by Cambridge University Press:
    29 April 2021, pp. 316-334
    • Article
      • You have access
    • PDF
    • HTML
    • Export citation

  • How accessible are polling locations in Canada? This article explores, for the first time in the Canadian context, the distance that voters may travel to get to their polling stations. It assembles a new set of data from the province of Ontario, mapping the distance between polling locations and a representative point in the polling division, using a variety of measures, including walking, driving and public transit times. It estimates the relationship between these distances and travel times and socio-demographic characteristics of each polling division, finding noteworthy relationships between these distances and the percentage of minority populations (both immigrant and Indigenous) in the polling division. This article also presents a potential negative, but nonlinear, relationship between distances and travel times and turnout, contributing to our understanding of how voters’ rational calculus of voting may be related to the locations of polling stations.

  • VP96 Activities To Optimize Quality And Efficiency Of Medicines In Scotland

  • Brian Godman, Amanj Kurdi, Holly McCabe, Sean MacBride-Stewart, Chris Johnson, Simon Hurding, Marion Bennie, Alec Morton
  • Journal:
    International Journal of Technology Assessment in Health Care / Volume 35 / Issue S1 / 2019
    Published online by Cambridge University Press:
    31 December 2019, p. 96
    • Article
      • You have access
    • PDF
    • Export citation
  • Introduction

    The growing prevalence of non-communicable diseases, combined with greater recognition of the effectiveness of lipid lowering agents (LLAs), has fuelled their increasing use in recent years. Similarly, increasing recognition of mental health and, arguably, societal expectations and pressures, has driven appreciable growth in antidepressant prescribing in recent years. Concurrent with this, growing resource pressures enhanced by the continual launch of new premium priced medicines necessitates reforms and initiatives within finite budgets. Scotland has introduced multiple measures in recent years to improve both the quality and efficiency of prescribing. There is a need to document these initiatives and outcomes to provide future direction.

    Methods

    Assessment of the utilization (items dispensed) and expenditure of key LLAs (mainly statins) and SSRIs between 2001 and 2017 in Scotland alongside initiatives.

    Results

    Multiple interventions have increased international non-proprietary name (INN) prescribing (99% for statins and up to 99.9% for SSRIs). They have also increased preferential prescribing of generic versus patented statins with low costs for generics, reduced inappropriate prescribing of ezetimibe due to effectiveness concerns, and increased the prescribing of higher dose statins (71% in 2015). These measures have resulted in a 50% reduction in LLA expenditure between 2001 and 2015 despite a 412% increase in utilization. Initiatives to reduce the prescribing of escitalopram as lack of evidence demonstrating cost-benefits over generic citalopram, along with high INN prescribing, achieved a 73.7% reduction in SSRI expenditure between 2001 and 2017 despite a 2.34-fold increase in utilisation. Concerns with paroxetine, and more recently citalopram and escitalopram following safety warnings, resulted in a considerable reduction in their use alongside a significant increase in sertraline.

    Conclusions

    Generic availability coupled with multiple measures has resulted in appreciable shifts in statin and SSRI prescribing behavior and reduced ezetimibe prescribing, resulting in improvements in both the quality and efficiency of prescribing to provide future direction.

  • Border Enforcement and Firm Response in the Management of Invasive Species

  • Holly A. Ameden, Sean B. Cash, David Zilberman
  • Journal:
    Journal of Agricultural and Applied Economics / Volume 39 / Issue s1 / October 2007
    Published online by Cambridge University Press:
    28 April 2015, pp. 35-46

  • This analysis presents a theoretical model of firm response to border enforcement and evaluates both the intended and unintended effects under two enforcement regimes: destruction versus treatment of contaminated shipments. The results indicate that importers may respond to increased inspection by reducing shipments and decreasing due care. In response to increased pest populations, firms may reduce shipments and increase due care, indicating that an enforcement response may not be necessary. The analysis reveals the importance of the nature of the due-care technology, as well as the relationships underlying the probability of detection, in determining the effects of enforcement.

  • Preface

  • Edited by Jagjit S. Chadha, Alain C. J. Durré, European Central Bank, Frankfurt, Michael A. S. Joyce, Bank of England, Lucio Sarno, City University London
  • Book:
    Developments in Macro-Finance Yield Curve Modelling
    Published online:
    05 February 2014
    Print publication:
    06 February 2014, pp xxiii-xxiv

  • Summary

    The monetary transmission mechanism relies heavily on the impact of the current level and expected path of policy rates on longer term interest rates paid on government liabilities and a wide constellation of retail and wholesale borrowings. It is mostly this transmission of interest rates along the maturity and risk spectrum that gives monetary policy its traction on the wider economy. And yet much of this transmission was assumed away in many macroeconomic models used prior to the economic crisis: often, even those who modelled the links did not necessarily develop models in which longer term interest rates reflected liquidity or default risk. The problems of this assumption emerged with some force as the evolving financial and sovereign debt crisis in the euro area brought to the fore the intimate relationship between the macroeconomic economy and the financial system. In turn, policymakers have had, in turn, to rethink many assumptions that have been made about the relationship between the state, monetary policy and the financial sector. The extensive and persistent use of near zero interest rates at the short end of the term structure has significantly reawakened research and policy interest in the link between the yield curve and the macro economy.

    The development of extraordinary policies such as quantitative and credit easing, as well as extended open market operations such as Operation Twist, have been designed to alleviate premia in longer term interest rates. And yet we remain at some distance from understanding the impact of signalling and purchases on many key interest rates.

Page 1 of 3