2017, Volume 70 - Issue 1
Citationi RSS feed: At RePEc
Data di pubblicazione: 01 febbraio 2017
THE RELATIONSHIP BETWEEN SAVINGS AND ECONOMIC GROWTH AT THE DISAGGREGATED LEVELLeggi l'articolo
MONETARY POLICY TRANSMISSION OVER THE REAL SECTOR OF BANGLADESH ECONOMY: AN SVAR APPROACHLeggi l'articolo
REMITTANCES AND FOREIGN AID AS SOURCES OF EXTERNAL DEVELOPMENT FINANCE: IMPACTS ON SAVINGS AND INVESTMENT IN POST-WAR LEBANONLeggi l'articolo
THE DYNAMIC CAUSAL LINKAGE BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM ETHIOPIALeggi l'articolo
Abdur Rahman FORHAD, Northern Illinois University, DeKalb, Illinois, USA
Ghassem A. HOMAIFAR, Middle Tennessee State University, Murfreesboro, Tennessee, USA
Abul Hasnat Muhammed SALIMULLAH, Middle Tennessee State University, Murfreesboro, Tennessee, USA
L’effetto trasmissione della politica monetaria sul settore reale dell’economia del Bangladesh:
un approccio SVAR
Questo articolo esamina l’efficacia della politica monetaria del Bangladesh tramite il modello SVAR nel periodo 1972-2014. Tale modello esamina come uno shock di politica monetaria, definito come un aumento inatteso nel tasso di interesse, influenzi le macrovariabili reali e nominali: la produzione reale, il livello dei prezzi e del cambio reale effettivo, l’offerta di moneta. I risultati suggeriscono che uno shock di politica monetaria ha effetto nel breve periodo sulla produzione reale, sul livello dei prezzi e sui tassi di cambio. Uno shock di politica monetaria genera una pressione inflazionistica che porta ad una svalutazione del taka. Secondo questo studio i governi dovrebbero considerare il trade-off tra produzione e tasso di interesse nel Bangladesh.
Bangladesh, Monetary Policy, SVAR
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