EAS Publisher | Monetary Policy and Its Impact on Income Distribution in Iraq for the Period 2003-2022

Monetary Policy and Its Impact on Income Distribution in Iraq for the Period 2003-2022

DOI : https://doi.org/10.36349/easjebm.2024.v07i10.003

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The problem of inequality in the distribution of income is one of the important economic variables that have been focused on in economic studies and research, and the study and analysis of the impact of economic variables in the redistribution of income is of great importance, whether in developed or developing economies, as justice in income redistribution can have important economic effects. This study goes to estimate the impact of some monetary indicators on income distribution in Iraq for the period 2003-2022, where this impact was estimated using the Joint integration according to the self-regression model of distributed slowdown (ARDL) and bound test the results of the test confirmed the existence of a significant impact of the monetary policy indicators represented by the exchange rate, the broad money supply and the interest rate in the redistribution of income in Iraq.

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Lecturer, Dept. of Pharmacology and Therapeutics, Shaheed Monsur Ali Medical College & Hospital, Uttara, Dhaka-1230, Bangladesh

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