Showing 1 - 10 of 862
The recent inflation in India is special both because of its peaks as also for its persistence. While couple of years … back the rising inflation was blamed on global factors, this time around there is no denying the fact that it is due to … the recent inflation is also not shared equally, with the bottom strata facing uncommon difficulties, as their purchasing …
Persistent link: https://www.econbiz.de/10009372487
This paper examined the operation of credit channel of monetary policy transmission in India during the post-LAF period …
Persistent link: https://www.econbiz.de/10011259066
transmission channels of monetary policy to GDP growth and inflation in India. It finds that external exogenous factors prolong the … impact of monetary policy transmission on GDP growth and inflation in India, while removing the problem of ‘price puzzle … two quarters and subsequently impacts GDP growth and inflation negatively. The same monetary policy shock has a negative …
Persistent link: https://www.econbiz.de/10011259799
inflation. Second, we construct Auto Regressive Distributed Lag Models (ARDL) in order to study the country-wise efficiency of … that broad monetary base (M2) is the most influential determinant of aggregate output. Inflation is affected the most by … the refinancing rate and the flow of remittances. For both output and inflation, exchange rate plays a role of a …
Persistent link: https://www.econbiz.de/10011259833
Using micro data on non-financial listed companies in Pakistan, over the period of 2000-2010, this paper emphasizes over the impact of monetary policy on economic growth through balance sheet channel. At first step, monetary tightening deteriorates the net worth of the firms and leads to cash...
Persistent link: https://www.econbiz.de/10011107430
Using data of non-financial listed firms over a period of 1999-2010, this paper investigates the effectiveness of balance sheet channel in monetary transmission mechanism in Pakistan. By classifying firms as SME and large, this paper finds a strong evidence for the existence of net worth channel...
Persistent link: https://www.econbiz.de/10011107761
policy on aggregate demand in India. The overall impact on aggregate demand is then decomposed to observe the differential …
Persistent link: https://www.econbiz.de/10011113958
There seems to be a general perception that the exchange rate pass-through is the most important channel in the transmission process of monetary policy in Albania. This perception is questioned here in light of the altering relationships in this developing economy. A discussion on the...
Persistent link: https://www.econbiz.de/10008568632
In this empirical study, we perform cointegrated relation to analyze the effects of monetary policy on bank credit to private sector, foreign assets and foreign debts in ten MENA countries include: Algeria, Bahrain, Egypt, Kuwait, Lebanon, Morocco, Oman, Qatar, Tunis and Turkey. There are two...
Persistent link: https://www.econbiz.de/10005619959
banks use forecasting models based on ANN methodology for predicting various macroeconomic indicators, like inflation, GDP … Growth and currency in circulation etc. In this paper, we have attempted to forecast monthly YoY inflation for Pakistan by …
Persistent link: https://www.econbiz.de/10005835473