VAR ANALYSIS OF THE MONETARY TRANSMISSION MECHANISM IN KYRGYZ REPUBLIC

Aynura SALYKOVA

Makale detayları

VAR ANALYSIS OF THE MONETARY TRANSMISSION MECHANISM IN KYRGYZ REPUBLIC

Yazarlar:

Aynura SALYKOVA

Yayıncı:

Kyrgyz-Turkish Manas University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Reforma 2017 Vol.3 Issue 75, pp.43-51

Belge Tipi:

Makale

Yayın Tarihi:

4/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000778976

Sıklık:

Üç Aylık

pISSN:

1694-5158

Anahtar kelimeler:

Özet:

 

The process through which monetary policy decisions affect aggregate demand in the economy and the inflation rate is generally known as the monetary policy transmission mechanism. This paper employs VAR approach to investigate the role of the different channels of the monetary transmission mechanism on real GDP and price level in Kyrgyz Republic. The findings suggest that the exchange rate channel is important in determining the inflation level and the interest rate channel has some effects to real GDP. Significance of bank lending channel in GDP growth is supported by the results.

 


The process through which monetary policy decisions affect aggregate demand in the economy
and the inflation rate is generally known as the monetary policy transmission mechanism. This
paper employs VAR approach to investigate the role of the different channels of the monetary
transmission mechanism on real GDP and price level in Kyrgyz Republic. The findings suggest that
the exchange rate channel is important in determining the inflation level and the interest rate
channel has some effects to real GDP. Significance of bank lending channel in GDP growth is
supported by the results.

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Makale detayları

VAR ANALYSIS OF THE MONETARY TRANSMISSION MECHANISM IN KYRGYZ REPUBLIC

Yazarlar:

Aynura SALYKOVA

Yayıncı:

Kyrgyz-Turkish Manas University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Reforma 2017 Vol.3 Issue 75, pp.43-51

Belge Tipi:

Makale

Yayın Tarihi:

4/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000778976

Sıklık:

Üç Aylık

pISSN:

1694-5158

monetary policy

transmission mechanism

vector autoregression

exchange rate

interest rate

bank lending

Sayı

Makale detayları

VAR ANALYSIS OF THE MONETARY TRANSMISSION MECHANISM IN KYRGYZ REPUBLIC

Yazarlar: Aynura SALYKOVA

Yayıncı: Kyrgyz-Turkish Manas University

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: Reforma 2017 Vol.3 Issue 75, pp.43-51

Belge Tipi: Makale

Yayın Tarihi: 4/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000778976

Sıklık: Üç Aylık

pISSN: 1694-5158

monetary policy

transmission mechanism

vector autoregression

exchange rate

interest rate

bank lending

Sayı

Yazarlar:

Aynura SALYKOVA

Yayıncı:

Kyrgyz-Turkish Manas University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Reforma 2017 Vol.3 Issue 75, pp.43-51

Belge Tipi:

Makale

Yayın Tarihi:

4/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000778976

Sıklık:

Üç Aylık

pISSN:

1694-5158