A theoretical investigation on real sector reflection of the change in monetary policy decisions
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Keywords

Monetary policy
Monetary transmission channels
Interest rate channel
Credit channels
Asset price channel
Exchange channel
Expectations channel.

How to Cite

AK BİNGÜL, B. (2019). A theoretical investigation on real sector reflection of the change in monetary policy decisions. Journal of Economics Library, 6(3), 225–236. https://doi.org/10.1453/jel.v6i3.1947

Abstract

Abctract. The aim of this study was to make evaluations on monetary policy transmission channels. A change in monetary policy is reflected on the economy not only through a single channel but also through the functioning of more than one transmission channels together. In this study, the conceptual framework of monetary policy transmission channel was examined through various aspects of the interest channel, credit channel, exchange rate channel, asset price channel and expectation channel, that are among the transmission types, and the reflections of the these transmission channels on the  real sector were evaluated.

Keywords. Monetary policy, Monetary transmission channels, Interest rate channel, Credit channels, Asset price channel, Exchange channel, Expectations channel.

JEL. E40, E50, E60.
https://doi.org/10.1453/jel.v6i3.1947
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