BAYESIAN STRUCTURAL VAR APPROCH TO TUNISIAN MONETARY POLICY FARMEWORK
In this paper we use the Bayesian Structural VAR framework to identify the major shock monetary policy shocks in Tunisia over the 1997-2015 and to provide information concerning the evolution of the economy response to these shocks. Compared with previous studies of this country, the main finding is...
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| Format: | Article |
| Language: | English |
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Journal of Smart Economic Growth
2021-10-01
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| Series: | Journal of Smart Economic Growth |
| Online Access: | https://jseg.ro/index.php/jseg/article/view/146 |
| _version_ | 1797252098506620928 |
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| author | Sami Mestiri |
| author_facet | Sami Mestiri |
| author_sort | Sami Mestiri |
| collection | DOAJ |
| description | In this paper we use the Bayesian Structural VAR framework to identify the major shock monetary policy shocks in Tunisia over the 1997-2015 and to provide information concerning the evolution of the economy response to these shocks. Compared with previous studies of this country, the main finding is the statistically significant effect of interest rate on the variables of the real economy. The article shows also that Bayesian Structural VAR model can explains the 2011 recession. |
| first_indexed | 2024-04-24T21:12:46Z |
| format | Article |
| id | doaj.art-374197c2c62e44ed8f44a82cd5e55927 |
| institution | Directory Open Access Journal |
| issn | 2537-141X |
| language | English |
| last_indexed | 2024-04-24T21:12:46Z |
| publishDate | 2021-10-01 |
| publisher | Journal of Smart Economic Growth |
| record_format | Article |
| series | Journal of Smart Economic Growth |
| spelling | doaj.art-374197c2c62e44ed8f44a82cd5e559272024-03-21T18:56:04ZengJournal of Smart Economic GrowthJournal of Smart Economic Growth2537-141X2021-10-01626777146BAYESIAN STRUCTURAL VAR APPROCH TO TUNISIAN MONETARY POLICY FARMEWORKSami Mestiri0FSEG mahdiaIn this paper we use the Bayesian Structural VAR framework to identify the major shock monetary policy shocks in Tunisia over the 1997-2015 and to provide information concerning the evolution of the economy response to these shocks. Compared with previous studies of this country, the main finding is the statistically significant effect of interest rate on the variables of the real economy. The article shows also that Bayesian Structural VAR model can explains the 2011 recession.https://jseg.ro/index.php/jseg/article/view/146 |
| spellingShingle | Sami Mestiri BAYESIAN STRUCTURAL VAR APPROCH TO TUNISIAN MONETARY POLICY FARMEWORK Journal of Smart Economic Growth |
| title | BAYESIAN STRUCTURAL VAR APPROCH TO TUNISIAN MONETARY POLICY FARMEWORK |
| title_full | BAYESIAN STRUCTURAL VAR APPROCH TO TUNISIAN MONETARY POLICY FARMEWORK |
| title_fullStr | BAYESIAN STRUCTURAL VAR APPROCH TO TUNISIAN MONETARY POLICY FARMEWORK |
| title_full_unstemmed | BAYESIAN STRUCTURAL VAR APPROCH TO TUNISIAN MONETARY POLICY FARMEWORK |
| title_short | BAYESIAN STRUCTURAL VAR APPROCH TO TUNISIAN MONETARY POLICY FARMEWORK |
| title_sort | bayesian structural var approch to tunisian monetary policy farmework |
| url | https://jseg.ro/index.php/jseg/article/view/146 |
| work_keys_str_mv | AT samimestiri bayesianstructuralvarapprochtotunisianmonetarypolicyfarmework |