Monetary Policy Rule and Taylor Principle in Mongolia: GMM and DSGE Approaches
This article aims to examine the monetary policy rule under an inflation targeting in Mongolia with a focus on its conformity to the Taylor principle, through two kinds of approaches: a monetary policy reaction function by the generalized-method-of-moments (GMM) estimation and a New Keynesian dynami...
| Main Authors: | , |
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| 格式: | Article |
| 語言: | English |
| 出版: |
MDPI AG
2020-11-01
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| 叢編: | International Journal of Financial Studies |
| 主題: | |
| 在線閱讀: | https://www.mdpi.com/2227-7072/8/4/71 |