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

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

Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), 2018, vol. 11, issue 36, 151-182

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

Date: 2018
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