EVALUATION OF MONETARY POLICY SHOCKS IN TURKEY: A STRUCTURAL VAR APPROACH
نویسندگان
چکیده
منابع مشابه
The Effects of Monetary Policy Shocks on Exchange Rates: A Structural Vector Error Correction Model Approach
This paper investigates the effects of shocks to U.S. monetary policy on the dollar/yen exchange rate, using structural Vector Error Correction Model (VECM) methods. We compare our estimates of the impulse responses with those based on levels Vector Autoregression. We also compare results from short run and long run restrictions imposed on the structural VECM. We find evidence of overshooting b...
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ژورنال
عنوان ژورنال: International Journal of Management Economics and Business
سال: 2020
ISSN: 2147-9208
DOI: 10.17130/ijmeb.798572