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Nexus of exchange rate deregulation and agricultural share of gross domestic product in Nigeria
Oyinbo, Oyakhilomen; Abraham, Falola; Rekwot, Grace Z. - In: CBN journal of applied statistics 5 (2014) 2, pp. 49-64
, exchange rate deregulation had negative influence on agricultural share of gross domestic production in Nigeria. This implies …The kernel of this study was to examine the causal relationship between exchange rate deregulation and the agricultural … share of gross domestic product in Nigeria from an econometric perspective using time series data spanning a period of 26 …
Persistent link: https://www.econbiz.de/10011489342
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Central bank intervention in the inflation targeting
Krušković, Borivoje D. - In: Journal of central banking theory and practice 11 (2022) 1, pp. 67-85
This paper analyses the impact of central bank interven-tions in the inflation targeting regime. The results of empirical stud-ies in this paper show if there is a shock of the exchange rate, which would lead to depreciation of the exchange rate, a central bank may decide to mush instability on...
Persistent link: https://www.econbiz.de/10012805926
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Econometric VAR analysis of the effect of the foreign exchange reserves on macroeconomic variables in emerging countries : the case of BRIC countries
Krušković, Borivoje D. - In: Journal of central banking theory and practice 12 (2023) 3, pp. 87-109
This paper analyses the effects of the foreign exchange re-serves accumulation on the key nominal and real macroeconomicvariables (GDP, employment, prices and exchange rates) in BRICcountries (Brazil, Russia, India, China). VAR model was used toempirically examine the effect of accumulation of...
Persistent link: https://www.econbiz.de/10014566381
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Econometric VAR analysis of the effect of the foreign exchange reserves on macroeconomic variables in emerging countries: The case of BRIC countries
Krušković, Borivoje D. - In: Journal of Central Banking Theory and Practice 12 (2023) 3, pp. 87-109
This paper analyses the effects of the foreign exchange re-serves accumulation on the key nominal and real macroeconomicvariables (GDP, employment, prices and exchange rates) in BRICcountries (Brazil, Russia, India, China). VAR model was used toempirically examine the effect of accumulation of...
Persistent link: https://www.econbiz.de/10014558414
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Central bank intervention in the inflation targeting
Krušković, Borivoje D. - In: Journal of Central Banking Theory and Practice 11 (2022) 1, pp. 67-85
This paper analyses the impact of central bank interven-tions in the inflation targeting regime. The results of empirical stud-ies in this paper show if there is a shock of the exchange rate, which would lead to depreciation of the exchange rate, a central bank may decide to mush instability on...
Persistent link: https://www.econbiz.de/10014558446
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Monetary policy surprises, central bank information shocks, and economic activity in a small open economy
Laséen, Stefan - 2020
In this paper I study the effects of monetary policy on economic activity and asset prices in Sweden, separately identifying the effects of a conventional policy change from effects of new information about economic fundamentals. Recent research has shown that high-frequency changes in policy...
Persistent link: https://www.econbiz.de/10012497748
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Monetary Policy Transmission Mechanism in a Small Open Economy Under Fixed Exchange Rate : An SVAR Approach for Morocco
Ouchchikh, Rachid - 2018
economy. Findings: The analysis provides evidence that monetary policy shocks are transmitted to the Moroccan economy … financing for the Moroccan economy, it is crucial in the health and stability of the banking system as a pre-condition towards …
Persistent link: https://www.econbiz.de/10012922839
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The impact of a political shock on foreign exchange markets in a small and open economy : a dynamic modelling approach
Onour, Ibrahim A.; Sergi, Bruno S. - In: Journal of central banking theory and practice 10 (2021) 3, pp. 137-152
This paper aims to analyse the dynamics of foreign exchange markets in a country facing political uncertainty that prompt capital outflow from the country. The economic environment under investigation is characterized by dual foreign exchange markets: a formal or official market for foreign...
Persistent link: https://www.econbiz.de/10012650924
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Monetary policy surprises, central bank information shocks, and economic activity in a small open economy
Laséen, Stefan - 2020
In this paper I study the effects of monetary policy on economic activity and asset prices in Sweden, separately identifying the effects of a conventional policy change from effects of new information about economic fundamentals. Recent research has shown that high-frequency changes in policy...
Persistent link: https://www.econbiz.de/10012309007
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Exchange Rate Stabilization in the Erm : Identifying European Monetary Policy Reactions
Kim, Soyoung - 2001
The structural VAR models for European countries (France, Denmark, and Germany) are developed to examine the monetary policy reactions, especially the within-ERM exchange rate stabilization, during the ERM period. First, impulse responses of monetary instrument and the exchange rate to shocks...
Persistent link: https://www.econbiz.de/10014139848