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Tunisia 1 VAR 1 asymmetric effects 1 asymmetry 1 business cycles 1 business research 1 economic aggregates 1 economics 1 economy 1 generalised functions 1 impulse response functions 1 monetary policies 1 monetary shocks 1 nonlinear models 1 policy action 1 threshold vector autoregressive models 1 vector autoregression 1
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Zghidi, Nahed 1
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International Journal of Economics and Business Research 1
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The asymmetric effects of Tunisian monetary policy: a threshold vector autoregressive approach
Zghidi, Nahed - In: International Journal of Economics and Business Research 4 (2012) 4, pp. 363-373
This paper deals with the presence of asymmetric effects of monetary policy on real activity in Tunisia, using a threshold vector autoregressive model. Two kinds of asymmetry are investigated: asymmetry related to the phase of the business cycle and asymmetry related to the direction of the...
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