Looking for monetary policy dissertation help becomes inevitable when you come across challenges when assessing a monetary policy in your research work.
The bedrock of any economic policy of a nation is its monetary policy, and all financial sectors in the country are affected by any kind of shift in such policies. Due to devising successful policies, the Federal Reserve Board, as mentioned in Forbes, has a record of keeping the unemployment rate at a low of 3.5% to 4.5%.
There are different components that need to be taken care of when writing a dissertation on such topics. In this article, we have made sure to tell you about such important factors.
Coming back to the topic, several students feel stuck when writing such dissertations. If you are facing such problems, you can hire dissertation help services.
What is the Brief Idea of Monetary Policy?
According to the Bank of England, monetary policy can be defined as an action in which the central bank of a country or the government can impact the decisions of what money belongs to the economy and how much it costs to borrow it. The monetary policy of the land affects the inflation rate and maintains the best rate suitable for the economy of the region.
Here’s how the Reserve Bank of Australia explains the objectives of the monetary policy of a country:
How to Write Monetary Policy Dissertation?
To effectively write monetary policy dissertations, you first need to pick an interesting research topic for your work. Once you have finalised the topic, you should sort out the structure of your papers. The layout of your dissertation shall be dictated by your university, and if you are confused, you should ask your supervisors.
There are 10 crucial components of a monetary policy dissertation that you must ensure in your work. The detail of such components is given below:
1. Reserve Requirements
The Federal Reserve Board regulates the reserve requirements and decides the amount of cash that banks must have on hand at any time to comply with the banking regulations. During your monetary policy dissertation writing, highlight the factors that regulate the reserve requirements of a country. By lowering the amount of cash, banks can lend more money. The same can go inverse if the requirement is raised.
2. Open Market Operations
As mentioned in a report by Forbes, the Federal Reserve Board can buy and sell the government securities, such as bonds and Treasury bills. When it buys the securities, it effectively increases the supply of circulating money. You should highlight the workings of such open market operations in your monetary policy dissertation, particularly in the abstract chapter.
3. Direct Credit Control
Sometimes, the Central Bank instructs the Deposit Money Banks on the maximum rate of credit lending or the amount of loans that can be given to different economic areas. It also decides the liquid asset ratio, issue credit guarantees, and interest rate caps for the working of banks.
In this way, the existing savings are allocated, and investment is instructed to the designated channels. The literature review of your papers will shed light on this aspect of your work. You can ask for help from monetary policy dissertation writers in case you feel stuck during the process.
4. Lending Credit by the Central Bank
The Central Bank can sometimes lend credit to different Deposit Money Banks and hence affect the reserve levels in the country. In this way, it affects the monetary base of a region and controls the economic conditions of the country. According to the paper titled What Are The Instruments Of Monetary Policy? it depends on the level of development in a country.
When writing the literature review of your dissertation on monetary policy, make sure that you have studied and included the lending credit rate of your country in the papers.
5. Interest Rate
The Central Bank also gives money to other commercial banks and Deposit Money Banks at a favourable interest rate, which is termed a minimum discount rate. Such a rate sets the foundation for a large domain in the money market that impacts the supply of credit, investment, and savings.
The image by Economicshelp.org shows how monetary policy meets its goals using the interest rates in a certain region. You can add more charts like this in the methodology of your papers to make your perspectives clear to readers.
6. Moral Suasion
When the central bank gives a permit or license to banks and operates their banking system, it can gain advantages from such moral suasion. It can also persuade different banks to go down different paths, such as credit expansion or applying contractionary monetary policy.
This way, it can impact the supply of money for the government bonds. The bank lending rates can also be controlled by using moral suasion methods, which can particularly affect the findings of your work.
7. Exchange Rate
The balance of payments can be achieved through the maintenance of a company’s exchange rate. By buying or selling the foreign exchange, the bank, in action, ensures that the level of exchange rate does not impact the domestic money supply in unwanted directions.
In your dissertation on Monetary Policy, you should tell the readers that moral suasion and prudential guidelines are more like supervision instruments for the qualitative assessment of the work.
8. Prudential Guidelines
A good dissertation consists of all the aspects of a country’s monetary policy. The Central Bank may ask the other banks in writing to take care of the monetary policy factors in a way that results in the achievement of certain outcomes.
The guidelines may include giving decision-making rights to the banks and taking away some discretion from the bank management systems.
9. Discount Rate
In the literature review of your dissertation, discuss the discount rate of the school of economics that is applicable to your work. Typically, when an economy is humming on all cylinders, the discount rates will be higher, but when the economy goes into a slump, the Federal Reserve Board lowers the interest rates to increase lending activities to clients.
10. Public Service Announcements
When applying a country’s monetary policy, a central bank can announce its general outlook to the financial markets and the general public. Such announcements show the impact of monetary policy elements on the economy and direct it in the way it wants. Keep in mind to check if any such announcements are impacting the methods applied and the results of your work on monetary policy.
Monetary Policy Dissertation Topics
A good topic marks the onset of an impressive monetary policy dissertation. Some of the best ideas that can give you researchable questions for your papers are the following:
- Monetary policy and nonbank finance
- A discussion of monetary policy operational frameworks of central banks
- The effectiveness of macroprudential policy and its relation with financial supervision
- The coordination of the monetary and fiscal policy
- A discussion of the effectiveness of the non-conventional monetary policy
If you think there is a need for help, you can buy monetary policy dissertation online from dissertation writing services. It can make writing a complete dissertation easier for you.
Conclusion
You must ensure that these 10 components are present in your monetary policy dissertation. A good dissertation writer thoroughly reviews his paper before the final submission to the supervisor. Make sure that you have conducted complete research on the financial markets of the countries you are analysing in your dissertation.
Lastly, you can also hire dissertation help services to fine-tune your papers, as they are well-designed to refine a dissertation for monetary policy students. The Academic Papers UK is the best of all monetary policy dissertation writing services online.
