EFFECTIVENESS OF MONETARY TRANSMISSION AND THE IMPACT OF INFLATION TARGETING STRATEGY: Evidence from Emerging Market Economies

The objective of this paper is to investigate the impact of inflation targeting strategy on monetary policy transmission mechanism by estimating the impact of deposit rate on consumption to GDP ratio in emerging market economies. The study considers sixteen years of annual data from 2001 to 2016 com...

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Bibliographic Details
Main Authors: Syed Zia ABBAS, Syed Faizan IFTIKHAR, Shaista ALAM
Format: Article
Language:English
Published: Applied Economics Research Centre, University of Karachi 2020-06-01
Series:Pakistan Journal of Applied Economics
Subjects:
Online Access:http://www.aerc.edu.pk/wp-content/uploads/2020/10/Paper-955-ZIA-ABBAS-VI.pdf