文章基本信息

标题：The effectiveness of exchange rate channel in Azerbaijan:an empirical analysis
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作者：Shahriyar Mukhtarov ; Serhat Yüksel ; Elvsevar Ibadov 等
期刊名称：Banks and Bank Systems
印刷版ISSN：1816-7403
电子版ISSN：1991-7074
出版年度：2019
卷号：14
期号：1
页码：111-121
DOI：10.21511/bbs.14(1).2019.10
语种：English
出版社：LLC "CPC "Business Perspectives"
摘要：The main purpose of this study is to make an analysis to understand whether the ex change rate channel is effective in Azerbaijan. In this framework,quarterly data between 2001:01 and 2017:02 is examined in this study. Furthermore,VAR method is taken into the consideration in the analysis process. The findings show that exchange rate channel is very important for Azerbaijani economy. In other words,the exchange rate channel is working on the total output and price axis. Hence,it is recommended that necessary actions should be taken by a central bank regarding the effective usage of exchange rate channel to contribute to industrial production and employment.
关键词：monetary transmission mechanism;exchange rate channel;VAR;Azerbaijani economy