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June 19, 2026Journal of Monetary Economics and Management

The impact of monetary policy on economic growth: an analysis of global practices

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Authors

AEAida EsetovaZOZaur OmarovDagestan State Technical UniversityACAlaudin ChilaevChechen State University

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Implication

Comparative analysis examines monetary policy effects on economic growth amid post-pandemic recovery and global shocks.

Key Points

  • This analysis aims to explore how monetary policy influences economic growth through different approaches used by central banks.
  • Comparative analysis of practices by leading central banks, specifically the US Federal Reserve and European Central Bank.
  • Evaluation of empirical evidence regarding inflation targeting and macroprudential policies.
  • Analysis of the effectiveness of monetary policy in addressing uncertainty and external shocks.
  • Monetary policy effectiveness is higher when aligned with macroprudential measures during structural imbalances.
  • Findings indicate variance in effectiveness between developed and developing nations' inflation targeting regimes.
  • Two tables presented highlight forecasts by central banks and comparative effectiveness of monetary regimes.

Cite This Study

Esetova et al. (2026) studied this question.

synapsesocial.com/papers/6a34dcea65a5b0777af2ccf8https://doi.org/10.26118/2782-4586-2026-231-237
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Also Consider

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  1. 1The impact of monetary policy interventions on economic stability during global pandemics; a case study of the United States’ monetary policy initiatives in the fight against the Covid 19 pandemic2024
  2. 2Evaluating Monetary Policy Effectiveness Under Economic Shocks: Evidence From COVID-19 Era Studies2026
  3. 3Analysis of Post-Pandemic Quantitative Easing Policy and Its Impact on the Global Economy2025
  4. 4A Study of the Impact of Monetary Policies on Financial Crisis2024
  5. 5Empirical Analysis of Economic Impact of Monetary Policy and Fiscal Policy in China Under Global Uncertainty2025 · 1 citations