An effective monetary policy framework is often viewed as a pre-condition for well-
functioning financial markets. Yet measuring monetary policy effectiveness is not …

So far studies concerned with the interest pass-through of monetary policy have not taken
into account one central issue that arose in Europe in the late 1990s: the importance of …

The use of monetary policy to stimulate economic activity around the globe and in Turkey
has been receiving a flurry of attention. Calls for lower interest rates have become louder as …

The paper examined the interest rate operations and processes in Nigeria and examined
the role of financial development in incentivizing central bank monetary policies from the …

This paper analyses the interest rate pass-through for five economies of the Caucasus–
Armenia, Azerbaijan, Georgia, Kazakhstan, and Russia. Employing an autoregressive …

A coherent method to measure the effectiveness of a monetary policy improves the monetary
authority's management capacity and renders the possibility of applying sound policies prior …

This paper investigates the effectiveness of the interest rate channel in three small open
economies with rigid exchange rate regimes in South East Europe–Bulgaria, Croatia and …

The international financial and economic crisis highlights that central banks should go
beyond their traditional emphasis on low inflation to adopt an explicit goal of financial …

This paper estimates a forward‐looking monetary policy reaction function of the Central
Bank of the Republic of Turkey by considering the period from 1990: 01 to 2000: 10. When …

This paper estimates magnitude and speed of the interest rate pass-through for Nigeria
using a monthly data for the period 2002: M1-2010: M04. It uses the Impulse Response …