Houngbédji, Honoré Sèwanoundé; Bassongui, Nassibou - In: Research in globalization 6 (2023), pp. 1-7
This article aims to highlight the nonlinearity of the reaction function of the Central Bank of West African States (BCEAO) through financial stability. Using the smooth threshold autoregressive (STAR) model on aggregate data for the period 1970-2020, the study reveals that the dynamics of the...