Tashrifov, Yusuf - In: Zagreb International Review of Economics and Business 11 (2008) 1, pp. 13-36
Using the Structural Vector Autoregression (SVAR) method this paper surveys the effect of monetary and exchange rate policies on Tajikistan’s economy for the period 1996 to 2004. A number of restrictions are imposed and the contemporaneous and long-run restrictions model are used to identify...