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The Effect of Monetary Policy Shocks on Macroeconomic Variables with Focusing on Central Bank Independence

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  • Niazi Mohseni, Mohsen
  • Shahrestani, Hamid
  • Hojabr Kiani, Kambiz
  • Ghafari, Farhad

Abstract

In recent years, the effect of monetary policy on Macroeconomic Variables, and examining the role of central bank independence have been a challenging debate to which it has not produced any similar results in different studies. Accordingly, this study aims at examining the effect of the shock caused by monetary

Suggested Citation

  • Niazi Mohseni, Mohsen & Shahrestani, Hamid & Hojabr Kiani, Kambiz & Ghafari, Farhad, 2018. "The Effect of Monetary Policy Shocks on Macroeconomic Variables with Focusing on Central Bank Independence," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 11(36), pages 151-182, September.
    • Handle: RePEc:mbr:jmbres:v:11:y:2018:i:36:p:151-182
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