Monetary Policy Measures and Their Role in Curbing Inflation Resulting from The COVID-19 Crisis Applied to a Sample of Countries

Mohammed, Mohammed Dhannoon; Thanoon, Harith Gh.

doi:10.33899/tanra.1970.174712

	Monetary Policy Measures and Their Role in Curbing Inflation Resulting from The COVID-19 Crisis Applied to a Sample of Countries
TANMIYAT AL-RAFIDAIN
Article 14, Volume 41, Issue 134, 2022, Pages 295-311 PDF (742.09 K)
Document Type: Research Paper
DOI: 10.33899/tanra.1970.174712
Authors
Mohammed Dhannoon Mohammed; Harith Gh. Thanoon
College of Administration and Economic -Mosul University - Iraq
Abstract
The outbreak of the Covid-19 virus and its spread worldwide has disrupted the global economy. Also, the development of the virus has multiple economic effects and unexpected side effects, which makes it difficult to develop appropriate policies by decision-makers that respond appropriately to macroeconomic policy, to understand the results of some of the results of economic policies that emerged during the Covid_19 period. Some monetary policy measures in reducing inflation levels according to different scenarios for the research sample, according to a statistical model such as a cross-sectional regression analysis that analyzes the impact of monetary policy measures represented by the broad money supply, the legal reserve, the interest rate and the re-discount rate as explanatory variables, while the inflation rate was adopted as a variable It is approved for a sample of high- and low-income countries for the years 2019 and 2020 before the pandemic and during the pandemic to know the results of monetary policy measures in reducing high inflation rates. Addressing inflation levels before and during the Covid _ 19 pandemics from one country to another according to the data of the research sample countries and the degree of diversity of their structure economical.
Keywords
Monetary Policy; Inflation; Covid_19; economic policy Development

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