Deniz, Pinar; Stengos, Thanasēs; Yazgan, Mustafa Ege - In: Review of Economic Analysis : REA 12 (2020) 2, pp. 167-202
This paper employs the structural threshold approach of Kourtellos et al. (2016) to examine various specifications of the Taylor rule model. Contrary to the previous work on the Taylor rule, this methodology allows for endogeneity of the threshold variable in addition to the right-hand-side...
