KAMGNA, Severin Yves; NGUENANG, Christian; TALABONG, Hervé - Volkswirtschaftliche Fakultät, … - 2009
Bank of Central African's States (BEAC). First, with a GMM adapted for a forward looking rule, we propose a reaction … function for this central bank. The result shows that from 1986 to 2006, the formulation of the monetary policy strongly …