the present paper investigated the effectiveness of concept mapping as a learning strategy on efl students’ self-regulation (metacognitive self-regulation, time and study environment, effort regulation, peer learning, and help seeking). sixty university students participated in the study. they were randomly assigned to control and experimental groups, each including thirty students. they were a...

There is growing recognition that prolonged monetary policy easing of major economies can have extraterritorial spillovers, driving up financial system leverage in other countries. When faced with such a rise threats to stability, what countries do? Specifically, there role for macroprudential tools, capital controls or foreign exchange intervention safeguarding stability from risks arising ext...

We determine optimal discretionary monetary policy in a New-Keynesian model when nominal interest rates are bounded below by zero. Nominal interest rates should be lowered faster in response to adverse shocks than in the case without bound. Such ‘preemptive easing’ is optimal because expectations of a possibly binding bound in the future amplify the e ects of adverse shocks. Calibrating the mod...

I thank Dr. Sesha Iyer and Dr. Pattnaik for the invitation to address this young audience. In monetary analysis and policy, inflation expectations play a pivotal role. Recently, in many advanced economies, central banks have substantially expanded their balance sheets, which is apparently inflationary. However, central banks in these countries allay the inflation concerns by indicating that, de...