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The impact of monetary policy on the payment balance for the American economy, case study | ||
| Economic Sciences | ||
| Article 1, Volume 7, Issue 27, 2011, Pages 197-216 PDF (0 K) | ||
| Author | ||
| Aqeel Abdul Mohammed Hamdi | ||
| Abstract | ||
| Abstract Several economic studies assert that there is a causal relation oriented from money supply towards the economic activity. When the Central bank excutes its monetary policy through using the quantity tools it will affect the major economic variables that affect the balance of payment. Sometimes ,the monetary policy may lead to a confusion in the balance of payment. The monetary policy is sometimes used in the correction of the disorder in the balance of payment. The research studies the causal theoretical and applicational relation between the monetary policy , its effects , the outcomes of the whole economic activity and on the balance of payment. The American economy is chosen as a case study for the relation between the monetary policy and the balance of payment through a number of Econometrics models. | ||
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