Browsing 03 Faculty of Business and Economics by Subject "Monetary policy"

Now showing items 1-3 of 3

Forecasting South African Macroeconomic Variables with a Markov-Switching Small Open-Economy Dynamic Stochastic General Equilibrium Model

Mehmet, Balcılar; Rangan, Gupta; Kevin, Kotze (University of Pretoria, 2016-01)

The aim of this paper is to investigate structural changes in the South African economy using an estimated small open-economy dynamic stochastic general equilibrium(DSGE) model. The structure of the model follows recent ...
Inflation Targeting or Nominal GDP Targeting: the Way Forward for the Developed Central Banks

Teidi, Seyitan Mazino (Eastern Mediterranean University (EMU) - Doğu Akdeniz Üniversitesi (DAÜ), 2015-09)

One of the after-effects of the Great Recession 2007-2009, asides slower recovery of economies, is the renaissance of the debate over monetary policy frameworks. In recent times, monetarists like Scott Sumner propose Nominal ...
Potency of Monetary Policy Instruments on Economic Growth of Nigeria

Apinran, Martins Olugbenga (Eastern Mediterranean University (EMU) - Doğu Akdeniz Üniversitesi (DAÜ), 2015-09)

The incapability of the monetary policies to efficiently and effectively exploit its policy objective could be a function of pitfall of policy instruments adopted which restricts its contributions to economic progress in ...