This study examines the effect of legal central bank independence on inflation in developing
countries. In spite of the policy consensus suggesting that central bank independence is an …

Abstract Using a Panel Vector Auto-Regressive (PVAR) model, we assess the
macroeconomic impact of fiscal policy and monetary policy shocks for five key emerging …

This paper examines the Taylor rule in five emerging economies, namely Indonesia, Israel,
South Korea, Thailand, and Turkey. In particular, it investigates whether monetary policy in …

Abstract Using a Structural VAR (SVAR) model, we examine the effects of the monetary
policy of the United States on sectoral commodity prices (including the non-fuel commodity …

The role of the interest and exchange rates in sustaining economic growth has been a highly
researched subject. Therefore, this study examines the influence of the monetary policy …

Abstract Using a Bayesian Structural VAR (BSVAR), this paper analyzes the short-term
dynamics of the prices of CO 2 emissions in response to changes in the prices of oil, coal …

The withdrawal of foreign capital from emerging countries at the height of the recent financial
crisis and its quick return sparked a debate about the impact of capital flow surges on asset …

The current series of studies examine how local food prices are affected by domestic and
international factors. This research advances the existing body of knowledge by examining …

This paper investigates a perception in the political debates as to what extent poor countries
are affected by price movements in the global commodity markets. To test this perception …

This research examines the global implications of agricultural production and price
fluctuations via Global Bayesian Vector Autoregression (GBVAR) model. We develop a …