The Impact of Monetary Policy Variables on the Gross Domestic Product in Iraq for the P eriod (1990 - 2020) | ||
| TANMIYAT AL-RAFIDAIN | ||
| Article 2, Volume 42, Issue 137, March 2023, Pages 34-50 PDF (865.03 K) | ||
| Document Type: Research Paper | ||
| DOI: 10.33899/tanra.2023.177358 | ||
| Abstract | ||
| The research aims to measure the impact of monetary policy variables on the gross domestic product in Iraq, as the research aims to demonstrate the impact of monetary policy tools on the gross domestic product in order to achieve economic goals and avoid conflict Among the tools used, as it is not possible to use open market operations without raising the discount rate in The impact on the progress supply, and two approaches were used , the first : descriptive, which includes the presentatio of the theoretical framework of monetary policy and the observer of the relationship Among monetary policy and gross domestic product, and the second : the quantitative approach , which includes building the research model and measuring the impact of monetary policy variables on the gross domestic product in Iraq During the period (1990 - 2020) through the Autoregressive Distributed Time Gaps (ARDL) model , using a software package (Eviews). Gross esearch concluded th openmarket operations can play an important role in influencing the gross domestic product in the long term. When the central bank finds that the economy is in a state of stagnation, it will follow an expansionary monetary policy , as it resorts to increasing purchases of government financial papers and bonds with the intention of increasing the cash liquidity of commercial banks , and this will increase the ability of these banks to grant bank credit, which will increase The money supply at commercial banks is reflected in the increase in GDP and vice versa, and the researcher recommends . working on updating monetary tools that are more effective in influencing GDP | ||
| Keywords | ||
| Monetary Policy; Money Supply; gross domestic product | ||
|
Statistics Article View: 231 PDF Download: 138 |
||