Evidence on Monetary Policy Transmission During Tranquil and Turbulent Periods
Chioma Peace Nwosu;
Afees A. Salisu; Margaret Johnson Hilili; Okafor, Izuchukwu Ifeanyi
(Bank Indonesia Insitute, 2019)
|
ABSTRAKThis paper evaluates monetary policy transmission in both tranquil and turbulent periods for Mexico, Indonesia, Nigeria, and Turkey. Using a structural vector autoregressive model, we find that the effect of structural shocks from supply, demand,and financial sources tend to fizzle out faster for Nigeria and Mexico compared toIndonesia and Turkey. Another important finding is that while monetary authorities in Indonesia and Turkey are more responsive to inflation those in Mexico and Nigeria are more influenced by the exchange rate. We also observe differences in the conduct of monetary policy between the tranquil and turbulent periods. |
No. Panggil : | 332 BEMP 22:3 (2019) |
Entri utama-Nama orang : | |
Entri tambahan-Nama orang : | |
Penerbitan : | Jakarta: Bank Indonesia Insitute, 2019 |
Sumber Pengatalogan : | LibUI eng rda |
ISSN : | 14108046 |
Majalah/Jurnal : | Bulletin of Monetary Economics and Banking |
Volume : | Vol. 22, No. 3, 2019: Hal.311-350 |
Tipe Konten : | text |
Tipe Media : | unmediated |
Tipe Carrier : | volume |
Akses Elektronik : | |
Institusi Pemilik : | Universitas Indonesia |
Lokasi : | Perpustakaan UI, Lantai 4, R. Koleksi Jurnal |
No. Panggil | No. Barkod | Ketersediaan |
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332 BEMP 22:3 (2019) | 03-21-907002068 | TERSEDIA |
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