Narrow search
Showing 1 - 10 of 7,258
Cover Image
Testing for the effectiveness of inflation targeting in India : a Factor Augmented Vector Autoregression (FAVAR) approach
Jithin, P.; Suresh, Babu M. - In: Journal of central banking theory and practice 9 (2020) 3, pp. 163-182
Employing Factor Augmented Vector Autoregression (FAVAR) model where factors are obtained using the principal component analysis (PCA) and the parameters of the model are estimated using Vector Autoregression framework, we analyse how changes in monetary policy variables impact inflation,...
Persistent link: https://www.econbiz.de/10012306865
Cover Image
The Impact of Chinese Monetary Policy Shocks on East Asia
Kozluk, Tomasz J.; Mehrotra, Aaron N. - 2008
We study the effects of Chinese monetary policy shocks on China's major trading partners in East Asia by estimating structural vector autoregressive (SVAR) models for six economies in the region. We find that a monetary expansion in Mainland China leads to an increase in real GDP (temporary) and...
Persistent link: https://www.econbiz.de/10014217751
Cover Image
Monetary and fiscal policy shocks and economic growth in Kenya : VAR econometric approach
Cyrus, Mutuku; Elias, Koech - In: Journal of world economic research 3 (2014) 6, pp. 95-108
Persistent link: https://www.econbiz.de/10011410227
Cover Image
Analysis of the impact of monetary policy shocks on domestic output growth in Nigeria : evidence from dynamic ARDL and VECM tests
Iorember, Paul Terhemba; Jelilov, Gylych; Alymkulova, … - In: International journal of public policy : IJPP 16 (2021) 1, pp. 13-25
Persistent link: https://www.econbiz.de/10013257267
Cover Image
Economic growth in the era of unconventional monetary instruments : a FAVAR approach
Fiorelli, Cristiana; Meliciani, Valentina - In: Journal of macroeconomics 62 (2019), pp. 1-20
Persistent link: https://www.econbiz.de/10012243438
Cover Image
Oil price shocks and macroeconomic performance of the Nigerian economy : a structural VAR approach
Alenoghena, Raymond Osi - In: Facta Universitatis / University of Niš : the … 17 (2020) 4, pp. 299-316
Persistent link: https://www.econbiz.de/10012593217
Cover Image
Modest Macroeconomic Effects of Monetary Policy Shocks During the Great Moderation : An Alternative Interpretation
Castelnuovo, Efrem - 2016
policy shock. In contrast, our Monte Carlo VAR results replicate our evidence obtained with actual U.S. data. Hence, modest …
Persistent link: https://www.econbiz.de/10012981367
Cover Image
A Panel VAR Analysis of Oil Supply and Demand Shocks and Macroeconomic Performance : The Case of Gulf Cooperation Council Countries
SAIDI, Youssef; Alrashidi, Atef Saleh - 2022
shock asymmetric specification, we find evidence that the output gaps react positively to the oil demand shocks and … price shocks on fiscal balance, inflation and imports. Monetary policy reacts negatively to the oil demand shock and … positively to the oil supply shock. The policy implication suggests that the use of fiscal policy to reduce the impact of …
Persistent link: https://www.econbiz.de/10014242938
Cover Image
Global growth on life support? : the contributions of fiscal and monetary policy since the global financial crisis
Baumann, Ursel; Lodge, David; Miescu, Mirela S. - 2019
This paper compares the role of monetary and fiscal policy shocks in advanced and emerging economies. Using a model with a hierarchical structure we capture the variability of GDP response to policy shocks both between and within the groups of advanced and emerging countries. Our results provide...
Persistent link: https://www.econbiz.de/10011987115
Cover Image
Financial Deepening, Terms of Trade Shocks, and Growth Volatility in Low-Income Countries
Kpodar, Kangni - 2019
sector development acts as a shock-absorber in poor countries, dampening the transmission of terms of trade shocks to growth … volatility. Expanding the sample to 121 developing countries confirms this result, although this role of shock-absorber fades … away as economies grow richer. Stock market development, by contrast, appears neither to be a shock-absorber nor a shock …
Persistent link: https://www.econbiz.de/10012871772