The behavior of the Taylor rule in the presence of sovereign Sukuks based on the growth rate of the economy: An analysis by DSGE modelling
The aim of this paper is to study the behavior of the Taylor rule in the presence of Sukuks. The New Keynesian model of Gali (2008)/Chapter 3 is used, due to its simplicity and small size. Nevertheless, such a model is suitable for examining the implications of monetary policy in the presence of sov...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
LLC "CPC "Business Perspectives"
2023-03-01
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| Series: | Investment Management & Financial Innovations |
| Subjects: | |
| Online Access: | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/17868/IMFI_2023_01_Ziky.pdf |