Monetary policy: effects of the decrease of the interest rates of the Federal Reserve in dollarized economies (EEUU, Ecuador, El Salvador and Panama)
This research estimates the effect of the expansive monetary policy on the Federal Reserve in the economic growth and inflation in the countries with dollarized economies. In the evaluation of the effects of the monetary policy, it is used the data of both the Mundial Bank, the Federal Reserve Bank...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2022 |
| País: | España |
| Institución: | Universidad de Huelva (UHU) |
| Repositorio: | Arias Montano. Repositorio Institucional de la Universidad de Huelva |
| Idioma: | inglés |
| OAI Identifier: | oai:ariasmontano.uhu.es:10272/21052 |
| Acceso en línea: | http://hdl.handle.net/10272/21052 |
| Access Level: | acceso abierto |
| Palabra clave: | Growth Inflation Monetary policy Dollarization Interest rates Inflación Política monetaria Dolarización Tipos de interés |
| Sumario: | This research estimates the effect of the expansive monetary policy on the Federal Reserve in the economic growth and inflation in the countries with dollarized economies. In the evaluation of the effects of the monetary policy, it is used the data of both the Mundial Bank, the Federal Reserve Bank of the United States of America, and the econometric strategy of panel data with fixed and individual effects. The results show that the application of the expansive monetary policy fulfills the aim of revitalizing the economic growth after the Major Recession, without significant effect on the inflation of those economies |
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