Asymmetric Effects of Exchange Rate on Monetary Policy in Emerging Countries: A Non-Linear ARDL Approach in Uganda
نویسندگان
چکیده
منابع مشابه
Monetary policy and exchange rate overshooting in Iran: A Vector Errors Correction (VEC) approach
Assumption of exchange rate overshooting has significant position in international macroeconomic discussion. This phenomenon is one of the abnormal behaviors of exchange rate that happen in short run. Dornbusch (1976) shows that because speed of equilibrium prices is slow relative to asset markets and commodity prices are sticky in the short run, However, over time, commodity prices will rise a...
متن کاملEffects of Presence of Monetary Policy Makers in Mass Media on Money Demand, Exchange rate and Gold Price in Iran
Investigating the effect of the presence of the Governor of the Central Bank of Iran (CBI) on the media environment on the money and asset markets, in addition to raising our understanding of how the individuals’ expected patterns from the future of prices, leads to a more realistic understanding of the transmission of shocks and the volatilities spillover. According to the results of this stud...
متن کاملAsymmetric Effects of Exchange Rate Changes in Iran
One of the main issues in international finance is the ratio of exchange rate pass through to consumer prices. The main objective of this study is to examine the exchange rate fluctuations and its asymmetric effect on consumer prices in Iran’s economy. In the present study, the effects of positive and negative impacts of the exchange rate on inflation rate and other macroeconomic variables of I...
متن کاملon translation of politeness strategies in dialogues involving female characters in translations and retranslations of novels translated before and after the islamic revolution of iran and their effects on the image of women: a polysystem theory approach
abstract reception environment has considerable effects on accepting a translation. as the expectations of a target culture and its values and needs change throughout history, its criteria for accepting a translation or rejecting it will change accordingly (gentzler, 2001). the expectations of iran, as the reception environment in the present study, have changed after the islamic revolution. i...
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ژورنال
عنوان ژورنال: Applied Economics and Finance
سال: 2020
ISSN: 2332-7308,2332-7294
DOI: 10.11114/aef.v7i5.4928