ANALYZING THE EFFECTIVENESS OF MONETARY POLICY TRANSMISSION MECHANISM IN ETHIOPIA: A VAR MODEL APPROACH
Journal: International Journal of Advanced Research (Vol.13, No. 06)Publication Date: 2025-06-15
Authors : Sedik Ali; Daud Hussein;
Page : 1172-1181
Keywords : Macroeconomic Policy GDP Growth Monetary Policy Vector Autoregressive;
Abstract
This study examines the effectiveness of monetary policy transmission mechanism in Ethiopiaand dynamic relationships between key macroeconomic variables real GDP growth (RGDP), consumer price index (CPI), broad money supply (M2), and real interest rates (RIR) in Ethiopia from 1995 to 2024.
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