Browsing by Author "Sagdiyev, Ilyas"

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    MONETARY POLICY TRANSMISSION MECHANISM IN KAZAKHSTAN
    (Nazarbayev University Graduate School of Business, 2023) Sagdiyev, Ilyas
    The study of monetary transmission mechanisms remains a critical area of inquiry in understanding how monetary policy decisions influence an economy. This is particularly relevant for countries like Kazakhstan, where the interplay between policy and economic variables shapes the broader economic landscape. This thesis explores the monetary transmission mechanism in Kazakhstan using a Vector Autoregression (VAR) approach, focusing on monthly data spanning from January 2016 to September 2023. This period encapsulates significant economic shifts, including the transition to inflation targeting regime, the fluctuations in oil prices, changes in global economic conditions, and the country's evolving monetary policy landscape..