Esen, Ömer; Çınar, Uğur - In: Journal of central banking theory and practice 13 (2024) 3, pp. 219-244
large data-set for the E7 (7 emerging countries) covering the period 1998-2017. This paper applies the time-varying panel … causality analysis to obtain country-based results. The results show that the policy design, with relatively independent central …