Search Results - subject:"Reaction function"

Lindalen, Ingvild Hagen; Maffei-Faccioli, Nicolò - 2025

This paper estimates various Taylor rules for Norway based on the observed money market rate (Nibor). We begin by examining standard Taylor rules from the literature, applying them to Norwegian data to assess their fit. Next, we estimate a benchmark Taylor rule that is included in Norges Bank's...

Persistent link: https://www.econbiz.de/10015396892

Decline of interest rates under inflation targeting and previous regimes : evidence from Latin America and developed countries

Chión-Chacón, Sergio Julio; Álvarez García, Kevin … - 2025

This study empirically investigates the impact of Inflation Targeting (IT) on nominal interest rates over the past 40 years, focusing on 10 advanced and emerging economies. By using a Binary Regime Model embedded within a Backward-Looking Taylor, our findings confirm that IT adoption has...

Persistent link: https://www.econbiz.de/10015359705

Stock return predictability and Taylor rules

Ince, Onur; Jiang, Lei; Molodtsova, Tanya - In: Review of financial economics : RFE 43 (2025) 1, pp. 8-22

Persistent link: https://www.econbiz.de/10015358756

Determinants of the degree of fiscal sustainability

Afonso, António; Alves, José; Coelho, José Carlos - 2025

Persistent link: https://www.econbiz.de/10015375251

From Friedman to Taylor : the revival of monetary policy rules in the 1990s

Nelson, Edward - 2025

Persistent link: https://www.econbiz.de/10015406722

Enhancing resilience with natural growth targeting

Orphanides, Athanasios - In: Southern economic journal 91 (2025) 4, pp. 1420-1439

Persistent link: https://www.econbiz.de/10015401095

Playing by the Taylor rules or sticking to Friedman's policy : a new approach to monetary policy identification

Arefeva, Alina; Arefyev, Nikolay - In: Economic modelling 143 (2025), pp. 1-19

Persistent link: https://www.econbiz.de/10015193342

Evaluating the role of the exchange rate in monetary policy reaction function of advanced and emerging market economies

Fabris, Nikola; Lazić, Milena - In: Journal of central banking theory and practice 11 (2022) 2, pp. 77-96

The subject of this paper is the evaluation of monetary policy reaction function on panel data of 37 world economies … importance of the exchange rate in monetary policy reaction function depending on the level of economic development. For this … economies. The methodology of empirical research is based on the econometric assessment of monetary policy reaction function …

Persistent link: https://www.econbiz.de/10013347050

Nominal GDP growth targeting vs. Taylor rules in a model with financial frictions

Dvalishvili, Archil; Dvalishvili, Mikheil; Thurston, Thom B. - In: Economic modelling 141 (2024), pp. 1-12

Persistent link: https://www.econbiz.de/10015191468

Fiscal reaction functions augmented with bespoke debt indicators : evidence from small island states

Rahaman, Akeem; Mahadeo, Scott Mark Romeo - In: The journal of development studies 60 (2024) 10, pp. 1631-1647

Persistent link: https://www.econbiz.de/10015194487