SYMMETRIC AND ASYMMETRIC EFFECTS OF MONETARY POLICY SHOCKS ON OUTPUT IN BRICS COUNTRIES: EVIDENCE FROM HIDDEN PANEL COINTEGRATION

dc.authoridtutgun, seyhun/0000-0001-7328-1294
dc.authorwosidBayat, Tayfur/ABH-7741-2020
dc.authorwosidtutgun, seyhun/JLN-0469-2023
dc.contributor.authorBayat, Tayfur
dc.contributor.authorTutgun, Seyhun
dc.contributor.authorTasar, Izzet
dc.date.accessioned2024-08-04T20:51:37Z
dc.date.available2024-08-04T20:51:37Z
dc.date.issued2021
dc.departmentİnönü Üniversitesien_US
dc.description.abstractMonetary policy and its possible effects on total output has been discussed both theoretically and empirically by many economic schools within the framework of economic theory. This study questions the symmetric and asymmetric effects of monetary policy shocks on output in the BRICS countries for the period of 1997-2019 were analyzed using hidden panel data method. According to the empirical analysis results, monetary policy does not have a symmetrical effect on output. Asymmetric effects on the other hand valid from negative and positive shocks of monetary policy to positive and negative shocks of output respectively in the short and also in the long run.en_US
dc.identifier.doi10.24818/18423264/55.4.21.14
dc.identifier.endpage226en_US
dc.identifier.issn0424-267X
dc.identifier.issn1842-3264
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-85123518417en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage215en_US
dc.identifier.urihttps://doi.org/10.24818/18423264/55.4.21.14
dc.identifier.urihttps://hdl.handle.net/11616/100444
dc.identifier.volume55en_US
dc.identifier.wosWOS:000754322500014en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherEditura Aseen_US
dc.relation.ispartofEconomic Computation and Economic Cybernetics Studies and Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectMonetary Policyen_US
dc.subjectSymmetric Effecten_US
dc.subjectAsymmetric Effecten_US
dc.subjectBRICSen_US
dc.titleSYMMETRIC AND ASYMMETRIC EFFECTS OF MONETARY POLICY SHOCKS ON OUTPUT IN BRICS COUNTRIES: EVIDENCE FROM HIDDEN PANEL COINTEGRATIONen_US
dc.typeArticleen_US

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