Monetary policy reaction dynamics in a developing economy: Evidence for the dominican republic
This paper investigates the central bank's behaviour in a developing economy through a nominal monetary policy feedback rule (NFR) that embodies an inflation targeting mechanism. Particularly, the Dominican Republic is modelled by allowing the hypothetical NFR to receive feedback from inflation...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
2003
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| Subjects: | |
| Online Access: | https://dialnet.unirioja.es/servlet/oaiart?codigo=7471012 |
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