Benlialper, Ahmet; Cömert, Hasan; Öcal, Nadir - 2017
In the last decades, many developing countries abandoned their existing policy regimes and adopted inflation targeting … banks curb inflationary pressures, we ask whether central banks in developing countries have different policy stances with …' interest rate decisions by estimating a nonlinear monetary policy reaction function for a set of IT developing countries using …