Effectiveness of monetary policy: Application of modified Peter and Clark (PC) algorithms under Graph-Theoretic Approach

Author:

Rizwan Fazal ,Md. Shabbir Alam ,Umar Hayat ,Naushad Alam

Abstract

Publisher

Editura Universitatii Alexandru Ioan Cuza din Iasi

Subject

General Economics, Econometrics and Finance,General Business, Management and Accounting

Reference30 articles.

1. Angelina, S., and Nugraha, N. M., 2020. Effects of Monetary Policy on Inflation and National Economy Based on Analysis of Bank Indonesia Annual Report. Technium Social Sciences Journal, 10(1), 423-435.

2. Asari, F. F. A. H., Baharuddin, N. S., Jusoh, N., Mohamad, Z., Shamsudin, N., and Jusoff, K., 2011. A vector error correction model (VECM) approach in explaining the relationship between interest rate and inflation towards exchange rate volatility in Malaysia. World Applied Sciences Journal, 12(3), 49-56.

3. Asgharpur, H., Kohnehshahri, L. A., and Karami, A., 2007. The relationships between interest rates and inflation changes: An analysis of long-term interest rate dynamics in developing countries. Paper presented at the International Economic Conference on Trade and Industry (IECTI), Bayview Hotel Georgetown, Penang.

4. Barth, M. J., and Ramey, V. A., 2001. The cost channel of monetary transmission. NBER Macroeconomics Annual, 16, 199-240. http://dx.doi.org/10.1086/654443

5. Charemza, W. W., and Deadman, D. F., 1997. New directions in econometric practice: Books.

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