عنوان
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The Effect Of The Interaction Of Financial And Monetary Policies On The Exchange Rate In Iraq
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نوع پژوهش
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مقاله چاپ شده
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کلیدواژهها
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Monetary policies, Financial policies, Exchange rate, Iraq, ARDL model
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چکیده
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Coordination between monetary and financial policy in oil-exporting countries including Iraq is very important due to the role of exchange rate in their balance of payments and as a result their export portfolio. In this country, the interaction between monetary and financial policies can affect the direction of the exchange rate. For this purpose, in this study, the interaction between monetary and fiscal policy and how they affect the exchange rate fluctuations in Iraq from 1980 to 2022 was investigated. The analysis and estimation of the research model were done using time series patterns and autoregressive distribution with extended intervals (ARDL). The results of the model estimation show that these policies and their different instruments have different effects on the exchange rate fluctuations and the value of the Iraqi dinar against the US dinar, and the interaction between fiscal and monetary policies can neutralize or reduce each other's effects.
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پژوهشگران
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احمد جعفری صمیمی (نفر سوم)، امیر منصور طهرانچیان (نفر دوم)، روا زیدان حمود (نفر اول)
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