NOAN’ANAVIY MONETAR SIYOSAT VOSITALARINING INFLYATSION JARAYONLARGA TA’SIRI: O‘ZBEKISTON VA XALQARO TAJRIBA QIYOSIY TAHLILI
Keywords:
noan’anaviy monetar siyosat; quantitative easing; forward guidance; yield curve control; inflyatsion targetlash; inflyatsion kutilmalar; monetar transmissiya mexanizmi; O‘zbekiston Markaziy banki; ARDL modeli; VAR tahlili.Abstract
Ushbu tadqiqot noan’anaviy monetar siyosat vositalarining-quantitative easing (QE), forward guidance (FG), yield curve control (YCC) va maqsadli kredit dasturlarininginflyatsion jarayonlarga ta’sirini qiyosiy tahlil qiladi. Tadqiqotning asosiy maqsadi xalqaro amaliyot (AQSh Federal Rezerv tizimi, Yevropa Markaziy banki, Yaponiya Markaziy banki, Janubiy Koreya Markaziy banki) tajribasini O‘zbekiston sharoiti bilan solishtirish va mamlakat uchun noan’anaviy vositalarni moslashtirilgan holda qo‘llash imkoniyatlarini aniqlashdan iborat.
Ilmiy yangilik: O‘zbekiston uchun birinchi marta noan’anaviy monetar vositalar inflyatsion jarayonlarga ta’sir mexanizmlari empirik modellashtirish yordamida o‘rganildi; moslashtirilgan FG joriy etish modeli va inflyatsion kutilmalar monitoring tizimi taklif etildi. Maqola natijalari O‘zbekiston Markaziy banki va tijorat banklari uchun amaliy ahamiyat kasb etadi.
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