[PDF] Top 20 The effects of macroeconomic policies under fixed exchange rates: A Bayesian VAR analysis

... the Bayesian procedure for estimating the VARs in order to overcome the short sample ...Recently Bayesian VAR methodology has become a relevant tool for evaluation of the effects of ... See full document

... Investment analysis should be carefully performed in stock ...the effects of selected macroeconomic factors (interest rate, exchange rates, inflation- consumer price index, current ... See full document

... of macroeconomic policies for Iran during the third five year development plan ...fiscal policies as solutions of optimum control problems with a quadratic objective function and the macro ... See full document

... how macroeconomic variables of Fiji inter- relate with aggregate demand and co-determine one another using a vector autoregression (VAR) ...term. Effects on GDP growth were positive over the long ... See full document

... financial policies under fixed and under floating exchange r a t e s ’, 1Mh S ta ff P a p e rs , pages ...government policies under varying exchange rate system s” ... See full document

... Stock Exchange. Macroeconomic variables used were the exchange rate, interest rates, inflation, world oil prices, Industrial Production Index, and the amount of money ...of VAR/VECM ... See full document

... on macroeconomic in closed economy (for example, (Barro, 1981;1990; Futagami et ...The analysis of fiscal policy on open economy does not have many ...Economy Macroeconomic (hereinafter referred to ... See full document

... Investment analysis should be carefully performed in stock ...the effects of selected macroeconomic factors (interest rate, exchange rates, inflation- consumer price index, current ... See full document

... the policies, between fiscal, monetary and exchange rate policies can adjust external imbalances in the three largest African economies, namely, Nigeria, South Africa, Egypt ...panel VAR ... See full document

... two exchange rate measures were highly ...their exchange rates with their main trading ...between exchange rate variability and the level of trade, but it would not reflect causation from the ... See full document

... peaking rates of unemployment, increased public debt burden as well as worsen conditions to maintain fiscal ...of exchange rates seems to be inevitable but painful ...of macroeconomic ... See full document

... emulate exchange rate policies of the advanced economies which proved ineffective in terms of ...flexible exchange rate as one of the crucial post-crisis developments in policies of the ... See full document

... These conclusions rest in part on our assumption that both policies can be implemented optimally at no direct overhead cost. To us, this assumption seems potentially more prob- lematic for the no-wage ... See full document

... foreign exchange market by purchasing foreign bonds from the public with domestic currency, the total real assets in the economy are not a¤ected, and, as the central bank’s reserves also earn real income and ... See full document

... Licensed under Creative Common Page 222 Since 1998, China has basically adopted a proactive fiscal policy. Through a number of actions such as issuing special treasury bonds and long-term treasury bonds, ... See full document

... the exchange rate disconnect puzzle by estimating the cointegrating relationship between the real exchange rate and the relative productivity variables, focusing on pairs of countries for which we have at ... See full document

... that exchange rate movements and monetary expansion affect consumer price inflation in sub-Saharan Africa ...that exchange rates have a significant “Granger causal” impact on prices in Tanzania, ... See full document

... between exchange rate deregulation and manufacturing sector output in ...that exchange rates deregulation related negatively with the manufacturing output in Nigeria but its effect was significant ... See full document

... Sri Lankan stock market is highly volatile and several macroeconomic variables have significant relationship with ASPI. Generally this study shows that there is a moderate positive significant relationship between ... See full document

... foreign exchange rate, inflation, gross domestic product, crude oil price as independent variables whereas gold prices as dependent ...regression analysis reveals that inflation and nifty have negative ... See full document