Monetary policy transmission mechanism in Bangladesh: An SVAR approach
نام عام مواد
[Thesis]
نام نخستين پديدآور
Mainul Islam Chowdhury
نام ساير پديدآوران
Mohabbat, Khan A.; Campbell III, Carl
وضعیت نشر و پخش و غیره
نام ناشر، پخش کننده و غيره
Northern Illinois University
تاریخ نشرو بخش و غیره
2016
مشخصات ظاهری
نام خاص و کميت اثر
73
يادداشت کلی
متن يادداشت
Committee members: Groves, Jeremy; Ponomareva, Maria
یادداشتهای مربوط به نشر، بخش و غیره
متن يادداشت
Place of publication: United States, Ann Arbor; ISBN=978-1-369-53794-9
یادداشتهای مربوط به پایان نامه ها
جزئيات پايان نامه و نوع درجه آن
Ph.D.
نظم درجات
Economics
کسي که مدرک را اعطا کرده
Northern Illinois University
امتياز متن
2016
یادداشتهای مربوط به خلاصه یا چکیده
متن يادداشت
This study examined the impact of monetary policy shocks on real and nominal variables in Bangladesh using monthly data for the floating exchange rate period from June 2003 to June 2015. Structural vector autoregressive (SVAR) models and impulse response functions were used to identify the impact of domestic monetary policy shocks on output, interest rate, inflation and nominal exchange rate. Results from the baseline model suggest that a contractionary monetary policy shock leads to a rise in domestic interest rate and an appreciation of domestic currency. In response to the shock both output and inflation fell but the shock had a delayed effect on output and inflation. Unlike previous studies on Bangladesh the identification scheme of this paper was able to solve the liquidity puzzle, the price puzzle and the exchange rate puzzle.
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
Economics
اصطلاحهای موضوعی کنترل نشده
اصطلاح موضوعی
Social sciences;Bangladesh;Monetary policy;SVAR
نام شخص به منزله سر شناسه - (مسئولیت معنوی درجه اول )