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supply chain disruptions for inflation and monetary policy in sub-Saharan Africa. Increases in supply chain pressures have … had a sizeable impact on headline, food, and tradable inflation for a panel of 29 sub-Saharan African countries from 2000 … to 2022. Our findings suggest that central banks can stabilize inflation and output more efficiently by monitoring global …
Persistent link: https://www.econbiz.de/10015059659
This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary transmission in such countries. We distinguish between the ""facts on the ground"" and ""methodological...
Persistent link: https://www.econbiz.de/10009618588
Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i … policy, sometimes move in directions that exert offsetting expansionary and contractionary effects on inflation?posing ch …
Persistent link: https://www.econbiz.de/10009706783
The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large capital inflows. The main objective of this paper is to assess whether this is true for emerging Asia's...
Persistent link: https://www.econbiz.de/10009679028
Non-hydrocarbon GDP Growth and Inflation, 1991-2010 -- 2. GCC and U.S. Nominal Short-Term Interest Rates, 2004 …
Persistent link: https://www.econbiz.de/10012690173
Intro -- Contents -- I. INTRODUCTION -- II. CHANNELS OF MONETARY TRANSMISSION -- III. CONDUCT OF MONETARY POLICY IN JORDAN -- IV. EVIDENCE FROM VARS -- V. CONCLUSIONS AND POLICY IMPLICATIONS -- IMPULSE RESPONSES -- GRANGER CAUSALITY TESTS SUMMARY -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691000
Intro -- Contents -- I. INTRODUCTION -- II. FINANCIAL DEREGULATION AND DISINTERMEDIATION -- III. CHANGES IN MONETARY TRANSMISSION: EVIDENCE FROM VAR MODELS -- IV. CHANGES IN MONETARY TRANSMISSION: EVIDENCE FROM STRUCTURAL MODELS -- V. CONCLUSIONS AND POLICY IMPLICATIONS -- References.
Persistent link: https://www.econbiz.de/10012691064
Persistent link: https://www.econbiz.de/10012691129
Persistent link: https://www.econbiz.de/10012691167
, therefore, whether monetary policy is a less potent a device in affecting output and inflation in countries that have low levels … data suggests that the effectiveness of changes in policy interest rates in influencing the path of inflation appea …
Persistent link: https://www.econbiz.de/10012677470