Matches in SemOpenAlex for { <https://semopenalex.org/work/W3174534999> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W3174534999 abstract "Whether inflation and output respond symmetrically or asymmetrically to contractionary and expansionary monetary policy shock of the same size has important policy implications. This paper shows the presence of asymmetric responses in Armenian inflation and output to positive and negative monetary policy shocks of the same size by employing econometric models. Contractionary policy decreases inflation less than expansionary policy increases it. Output reacts in the opposite way. An estimated small open economy DSGE model with sticky wages and investment adjustment costs explains about half of the asymmetry observed in the monetary policy transmission mechanism. This paper finds that the main part of inflation reaction asymmetry is a result of a highly convex Phillips curve for the importers. The nonlinearities of the internal economy explain the predominant part of the asymmetry in output reaction." @default.
- W3174534999 created "2021-07-05" @default.
- W3174534999 creator A5043749797 @default.
- W3174534999 date "2021-01-01" @default.
- W3174534999 modified "2023-09-27" @default.
- W3174534999 title "Asymmetric Effects of Monetary Policy on the Armenian Economy" @default.
- W3174534999 hasPublicationYear "2021" @default.
- W3174534999 type Work @default.
- W3174534999 sameAs 3174534999 @default.
- W3174534999 citedByCount "0" @default.
- W3174534999 crossrefType "posted-content" @default.
- W3174534999 hasAuthorship W3174534999A5043749797 @default.
- W3174534999 hasConcept C121332964 @default.
- W3174534999 hasConcept C126285488 @default.
- W3174534999 hasConcept C126322002 @default.
- W3174534999 hasConcept C138885662 @default.
- W3174534999 hasConcept C139719470 @default.
- W3174534999 hasConcept C162324750 @default.
- W3174534999 hasConcept C185824701 @default.
- W3174534999 hasConcept C200941418 @default.
- W3174534999 hasConcept C2776639550 @default.
- W3174534999 hasConcept C2781300812 @default.
- W3174534999 hasConcept C33332235 @default.
- W3174534999 hasConcept C38976095 @default.
- W3174534999 hasConcept C41895202 @default.
- W3174534999 hasConcept C489367 @default.
- W3174534999 hasConcept C556758197 @default.
- W3174534999 hasConcept C62520636 @default.
- W3174534999 hasConcept C71924100 @default.
- W3174534999 hasConceptScore W3174534999C121332964 @default.
- W3174534999 hasConceptScore W3174534999C126285488 @default.
- W3174534999 hasConceptScore W3174534999C126322002 @default.
- W3174534999 hasConceptScore W3174534999C138885662 @default.
- W3174534999 hasConceptScore W3174534999C139719470 @default.
- W3174534999 hasConceptScore W3174534999C162324750 @default.
- W3174534999 hasConceptScore W3174534999C185824701 @default.
- W3174534999 hasConceptScore W3174534999C200941418 @default.
- W3174534999 hasConceptScore W3174534999C2776639550 @default.
- W3174534999 hasConceptScore W3174534999C2781300812 @default.
- W3174534999 hasConceptScore W3174534999C33332235 @default.
- W3174534999 hasConceptScore W3174534999C38976095 @default.
- W3174534999 hasConceptScore W3174534999C41895202 @default.
- W3174534999 hasConceptScore W3174534999C489367 @default.
- W3174534999 hasConceptScore W3174534999C556758197 @default.
- W3174534999 hasConceptScore W3174534999C62520636 @default.
- W3174534999 hasConceptScore W3174534999C71924100 @default.
- W3174534999 hasLocation W31745349991 @default.
- W3174534999 hasOpenAccess W3174534999 @default.
- W3174534999 hasPrimaryLocation W31745349991 @default.
- W3174534999 hasRelatedWork W1414292252 @default.
- W3174534999 hasRelatedWork W1498334608 @default.
- W3174534999 hasRelatedWork W1526273128 @default.
- W3174534999 hasRelatedWork W1558974728 @default.
- W3174534999 hasRelatedWork W1631937228 @default.
- W3174534999 hasRelatedWork W1840299056 @default.
- W3174534999 hasRelatedWork W1974314708 @default.
- W3174534999 hasRelatedWork W1993507478 @default.
- W3174534999 hasRelatedWork W2027110910 @default.
- W3174534999 hasRelatedWork W2053517790 @default.
- W3174534999 hasRelatedWork W2163551014 @default.
- W3174534999 hasRelatedWork W3012997337 @default.
- W3174534999 hasRelatedWork W3121353110 @default.
- W3174534999 hasRelatedWork W3124412586 @default.
- W3174534999 hasRelatedWork W3125692668 @default.
- W3174534999 hasRelatedWork W3137201652 @default.
- W3174534999 hasRelatedWork W3156929556 @default.
- W3174534999 hasRelatedWork W3166365923 @default.
- W3174534999 hasRelatedWork W3177883744 @default.
- W3174534999 hasRelatedWork W2052454213 @default.
- W3174534999 isParatext "false" @default.
- W3174534999 isRetracted "false" @default.
- W3174534999 magId "3174534999" @default.
- W3174534999 workType "article" @default.