ANALYSIS AND MEASUREMENT OF THE IMPACT OF THE NEW TOOLS OF MONETARY POLICY IN IRAQ ON THE MONEY SUPPLY FOR THE PERIOD (2004-2021)
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Abstract
The new tools are considered one of the most important monetary policy tools affecting the macroeconomic variables, through which it exercises its role in influencing the monetary and financial markets, as the Iraqi economy faces many economic crises that negatively affect the money supply in Iraq, and the research aims to know the impact of the new tools on Achieving the stability of the money supply, and which of these tools is more effective, and to prove the research hypothesis (that the new tools have an effective and significant role in determining the money supply in Iraq for the period (2004-2021)) The new tools were analyzed and measured using the (ARDL) model, and the results proved that there are cointegration relationship.
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