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19.576  Articles
1 of 1.959 pages  |  10  records  |  more records»
AbstractUsing SVAR analysis, this paper finds what Sims calls a ‘price puzzle’, i.e. a case where CPI increases after a positive interest rate shock. The SVAR analysis controls for various monetary transmission mechanisms, including one based on the South... see more

The aim of this study is to investigate impacts of monetary policy transmission mechanisms on production and prices in theoritical way and to test functioning of monetary transmission channels in Azerbaijan economy. In this article, vector error correctio... see more

The study of the transmission mechanisms of central banks’ interest rate decisions is crucial for the design and implementation of an efficient and effective monetary policy. An estimation of how changes in the monetary policy rate pass on to the long-ter... see more

This study examined the impact of Islamic monetary and conventional transmissions on Indonesia's exchange rate performance. The Islamic monetary transmissions are musyarakah financing (proxied by the ratio of musyarakah to a total loan of conven... see more

JEL. C01, C10, G18, P16, P34.

The existence of a considerable and varying time lag between the actions by the central bank in adjusting its policy instruments and the effects on the respective target variable is widely acknowledged. As a result, the monetary policy maker needs to take... see more

The choice of the appropriate target and indicator in monetary policy has been the subject of considerable debate in recent years, however, analysis has tended to be theoretical in nature and confined to the case of a closed economy. The present work prov... see more

There have been notable developments in monetary theory over the last twenty years which have done much to clarify the role of monetary variables in economic activity and the related “transmission mechanism” of monetary policy. Even so, there are still co... see more

AbstractOrientation: The financial system performs essential role in the mechanisms through which economic activities translate into economic growth and development of African economies, especially through their role in the allocation of finance from the ... see more

1 of 1.959 pages  |  10  records  |  more records»