Purpose: This paper aims to examine the effects of monetary policy and foreign shocks on output, inflation and exchange rate in Egypt. Design/methodology/approach: This paper studies the effects of monetary policy and foreign shocks on output, inflation and exchange rate by using non-recursive...

Purpose: This paper aims to investigate the relationship between financial development (FD) and monetary policy effectiveness (MPE) on output and inflation in ASEAN-3 countries (Singapore, Malaysia and the Philippines). Design/methodology/approach: This study uses an open economy structural...