Search Results - subject:"monetary policy function"

Aggregate Demand–Inflation Adjustment Model Applied to Southeast European Economies

Apostolov, Mico; Josevski, Dusko - In: Journal of Central Banking Theory and Practice 5 (2016) 1, pp. 141-157

Applying IS-MP-IA model and the Taylor rule to selected Southeast European economies (Albania, Bosnia and Herzegovina, Macedonia and Serbia) we find that the change of effective exchange rate positively affects output, while the change of the world interest rate negatively affects output or it...

Persistent link: https://www.econbiz.de/10012217824

Keynesian macroeconomics without the LM curve: IS-MP-IA model and Taylor rule applied to some CESEE economies

Josheski, Dushko - Volkswirtschaftliche Fakultät, … - 2014

Applying IS-MP-IA model and the Taylor rule, this study finds that for selected CESEE economies (Albania, Bosnia and Herzegovina, Macedonia and Serbia), lower expected inflation rate, real exchange rate appreciation, a lower world interest rate which is calculated like a federal funds rate minus...

Persistent link: https://www.econbiz.de/10011112025

Responses of Real Output in Serbia to the Financial and Global Economic Conditions

Hsing, Yu; Hsieh, Wen-jen - In: Journal for Economic Forecasting (2010) 3, pp. 107-114

based on a simultaneous equation model consisting of the open-economy IS function, the monetary policy function, and …

Persistent link: https://www.econbiz.de/10008685127

Application of the monetary policy function to output fluctuations in Bangladesh

Hsing, Yu; Jamal, A. M. M.; Hsieh, Wen-jen - In: Economics Bulletin 29 (2009) 3, pp. 2113-2122

Applying the monetary policy function, this paper finds that real GDP in Bangladesh is positively associated with real …

Persistent link: https://www.econbiz.de/10008562998