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Meta-Analysis on The Asymmetric Effects of Output in A Monetary Union

Author

Listed:
  • MHA. Ridhwan

    (Bank Indonesia)

Abstract

The regional impact of the monetary policy has been a crucial issue especially on its distributional impact. Using Meta-Analysis, this paper run a quantitative survey on previous studies to explain the asymmetric impact of national policy on economic growth across region. Based on selected criteria we have similar researches on sample data; mainly they used VAR method. Our model estimation shows the significant and importance of capital intensity degree, the financial depth and several macroeconomic indicators in explaining the different result across region and period of these studies. In general our finding confirms the robustness of their result.

Suggested Citation

  • MHA. Ridhwan, 2009. "Meta-Analysis on The Asymmetric Effects of Output in A Monetary Union," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 12(2), pages 193-226, October.
    • Handle: RePEc:idn:journl:v:12:y:2009:i:2g:p:193-226
    DOI: https://doi.org/10.21098/bemp.v12i2.371
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    References listed on IDEAS

    as
    1. Doris Weichselbaumer & Rudolf Winter‐Ebmer, 2005. "A Meta‐Analysis of the International Gender Wage Gap," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 479-511, July.
    2. John B. Taylor, 1995. "The Monetary Transmission Mechanism: An Empirical Framework," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 11-26, Fall.
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    More about this item

    Keywords

    Monetary union; output; Meta-Analysis;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods

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