Inflation Expectations Modeling: The Application of Markov Switching Autoregression
The shift of the monetary policy framework in Ukraine has led to the transformation of the power of the key transmission channels. Inflation targeting (IT) assumes the interest rates channel as the main one; besides that, since the exchange rate is floating, the influence from the key policy rate ch...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
National University of Kyiv-Mohyla Academy
2020-10-01
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| Series: | Наукові записки НаУКМА: Економічні науки |
| Subjects: | |
| Online Access: | http://spne.ukma.edu.ua/article/view/213533/213629 |