Fabris, Nikola; Lazić, Milena - In: Journal of central banking theory and practice 11 (2022) 2, pp. 77-96
The subject of this paper is the evaluation of monetary policy reaction function on panel data of 37 world economies … importance of the exchange rate in monetary policy reaction function depending on the level of economic development. For this … economies. The methodology of empirical research is based on the econometric assessment of monetary policy reaction function …