The Impact of UN and US Economic Sanctions on the Misery Index of Targeted Countries [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2023 In recent decades, international sanctions have become a recurring feature in political interactions between some governments. The United States has imposed the most economic sanctions since World War II.
Reza Ashraf Ganjoui, Saeed Iranmanesh
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Monetary Conditions Index: A Composite Measure of Monetary Policy in Pakistan [PDF]
The Pakistan Development Review, 2002 Accurate measures of the size and direction of changes in monetary policy are very important. A number of variables/indicators have been used as a measure of the stance of monetary policy the world over. These include growth rates of monetary aggregates and credit aggregates, short-term interest rate as used by Sims (1992 ...
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Monetary Condition Index: Empirical Evidence from Pakistan
iRASD Journal of Economics, 2023 The study focuses on assessing the Monetary Condition Index (MCI) in Pakistan, which measures the tightness or easiness of the country's monetary policy. It analyzes the impacts of interest rates and exchange rates on inflation and GDP growth, using time series data from 1975 to 2020.
Iram Firdous +3 more
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Estimating Natural Rate of Interest and Equilibrium Exchange Rate: A Case of the Czech Republic
Review of Economic Perspectives, 2019 Article deals with estimating real natural interest rate and exchange rate to construct monetary conditions index suitable for the Czech open economy. Despite unobservable characteristics of underlying interest rates and exchange rate, the importance of ...
Pikhart Zdeněk, Froňková Pavla
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Currency board, monetary regulation, and macroprudential regulation in Bosnia and Herzegovina [PDF]
Bankarstvo, 2020 This research presents the effects of discretionary and automatic instruments' application in four cases of monetary and macroprudential regulation in Bosnia and Herzegovina.
Jović Dragan
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Modeling the Dynamic Financial Condition Index (FCI) and Assessing Its Effectiveness in Predicting Iran’s Stock Returns [PDF]
Journal of Asset Management and Financing, 2022 This paper used a factor-augmented vector autoregressive model with time-varying coefficients to construct a financial conditions index. Time variation in the model’s parameters allowed the weights to be attached to each variable in the index to evolve ...
Seyed Aziz Arman +2 more
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Estimation of Weights for the Monetary Conditions Index in Poland [PDF]
SSRN Electronic Journal, 2008 In this paper, we follow the econometric approach to assess relative importance of real interest rate and real exchange rate for the monetary conditions in Poland, quantified as weights for Monetary Conditions Index (MCI). We consider both single- and multiple-equation specifications proposed in the literature with an application to Poland.
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MONETARY POLICY AND FINANCIAL CONDITIONS IN INDONESIA
Buletin Ekonomi Moneter dan Perbankan, 2019 We develop a financial condition index (FCI) and examine the effects of monetary policy on financial conditions in Indonesia. We show that our FCI tracks financial conditions quite well because it captures key financial events (the Asian financial crisis
Bernard Njindan Iyke, Solikin M. Juhro
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HOW HAS THE COVID-19 PANDEMIC AFFECTED THE REAL AND MONETARY SECTORS IN INDONESIA?
Journal of Islamic Monetary Economics and Finance, 2021 This study aims to find empirical evidence for the effects of the Covid-19 pandemic on the Indonesia real and monetary sectors. The real sector condition is represented by fluctuations in the farmer exchange rate in ten provinces; this rate has direct ...
Patria Yunita
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Impact Analysis of Macroeconomic Shocks on Monetary and Fiscal Policy Variables in Iran with Taylor Rule Approach: BVAR Method [PDF]
مجله توسعه و سرمایه, 2022 Objective: The economies of countries have always been affected by various shocks from the supply and demand side during different periods, and this phenomenon causes deviations in macroeconomic variables.
Faezeh Zorriyeh Mohammad Ali +3 more
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