Monetary Policy and the Real Economy: A Structural VAR Approach for Kazakhstan
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Date
2020
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
2020 International Young Scholars
Abstract
Abstract This paper shows monetary policy indicator which better explains Kazakhstani transmission mechanism. The study also discusses how foreign monetary policy or oil prices affect domestic macroeconomic variables. We use a seven variable by utilizing quarterly time series data from Kazakhstan covering the period from January 2005 to December 2017. They are: interest rate, exchange rate, output, reserve money, consumer price index, then, World oil price index and Federal Funds rate.
Description
Keywords
Impulse responses, Monetary Policy, Structural VAR Models, 2020 International Young Scholars, №9
Citation
Zinauova N , Tautanova Z , Saydaliev H.B / Monetary Policy and the Real Economy: A Structural VAR Approach for Kazakhstan / 2020 International Young Scholars