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Monetary policy rules in theory and in practice : evidence from the UK and the US

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How does monetary policy change? : evidence on inflation targeting countries

Baxa, Jaromír; Horváth, Roman; Vašíček, Bořek - 2010

We examine the evolution of monetary policy rules in a group of inflation targeting countries (Australia, Canada, New Zealand, Sweden and the United Kingdom), applying a moment-based estimator in a time-varying parameter model with endogenous regressors. Using this novel flexible framework, our...

Persistent link: https://www.econbiz.de/10008688990