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The Role of Monetary Policy Indicators in Achieving Monetary Stability in Iraq and The Kurdistan Region - Iraq for the Period (1988-2019) | ||
| TANMIYAT AL-RAFIDAIN | ||
| Article 7, Volume 41, Issue 136, 2022, Pages 141-168 PDF (1.6 M) | ||
| Document Type: Research Paper | ||
| DOI: 10.33899/tanra.2022.176213.1184 | ||
| Authors | ||
| Idrees R. Haji1; Mohamed S. Mohamed2 | ||
| 1Administration and Economics College- Department of Finance and Banking- Salahaddin University-Erbil. | ||
| 2Administration and Economics Colleg e- Department of Economic- Salahaddin University-Erbil | ||
| Abstract | ||
| The monetary policy used by the Central Bank has an important and prominent role in the economic activity of the country because it is based on monitoring the money supply through which the bank seeks to achieve its final goals of monetary stability, so the aims of this research is to Clarify the role of monetary policy indicators and its impact in achieving Monetary stability in Iraq for the period (1988-2019) using the )Co-integration( tests and the Autoregressive Distributed Time Gaps (ARDL) model, based on the premise that monetary policy has a major role in achieving monetary stability, and the research reached some conclusions, the most important of which is that there are Positive and negative effects of monetary policy indicators through their effects on the economic variables related to monetary stability, and accordingly, it is necessary to work on achieving monetary stability by activating and diversifying these indicators so that they become more appropriate to achieve their goals of monetary and economic stability, through building a banking system A sophisticated that contributes to the development of the local money markets by enhancing competition between commercial banks and building the confidence of individuals in them. | ||
| Keywords | ||
| Monetary Policy; Monetary Policy Indicators; Monetary Stability; Relationship And Impact; The Central Bank Of Iraq | ||
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