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Monetary Policy and the Real Economy: A …

GRIPS Discussion Paper 13-13. Monetary Policy and the Real economy : a structural var approach for sri Lanka Thanabalasingam Vinayagathasan July 2013. National Graduate Institute for Policy Studies 7-22-1 Roppongi, Minato-ku, Tokyo, Japan 106-8677. Monetary Policy and the Real economy : a structural var approach for sri Lanka Thanabalasingam Vinayagathasan*. National Graduate Institute for Policy Studies (GRIPS). July, 2013. Abstract This paper attempts to identify the Monetary Policy indicator that better explains the Sri Lankan Monetary Policy transmission mechanism. This study also estimates how shocks stemming from foreign Monetary Policy and/or oil price affect domestic macroeconomic variables. To that end, we use a seven variable structural VAR model by utilizing monthly time series data from Sri Lanka covering the period from January 1978 to December 2011.

Monetary Policy and the Real Economy: A Structural VAR Approach for Sri Lanka Thanabalasingam Vinayagathasan* National Graduate Institute for Policy

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  Economy, Policy, Approach, A structural var approach for sri, Structural

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