Pregled bibliografske jedinice broj: 617811
Monetary Policy Transmission in the Balkans in the 21st Century: Empirical Evidence
Monetary Policy Transmission in the Balkans in the 21st Century: Empirical Evidence // Journal of Economic and Social Studies, 2 (2012), 2; 9-40 (podatak o recenziji nije dostupan, članak, znanstveni)
CROSBI ID: 617811 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Monetary Policy Transmission in the Balkans in the 21st Century: Empirical Evidence
Autori
Šimić, Vladimir ; and Malešević-Perović, Lena
Izvornik
Journal of Economic and Social Studies (1986-8499) 2
(2012), 2;
9-40
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
Balkan countries; structural vector autoregression; transmission mechanism
Sažetak
This study investigates monetary policy transmission in the Balkans in the 21st century. In order to analyse the reaction of output and prices to a shock in monetary policy (defined as an increase in the interest rate) this study employs structural vector autoregression approach. The obtained impulse responses suggest that monetary policy in the six Balkan countries under investigation is not effective in influencing output and prices, which points towards a very limited use of monetary policy in the overall conduct of economic policy.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Ekonomski fakultet, Split
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Emerging Sources Citation Index (ESCI)
- EconLit
Uključenost u ostale bibliografske baze podataka::
- EconLit
- EBSCO
- ProQuest
- Index Copernicus
- ASOS
