We examine the interaction of monetary and fiscal policies in Indonesia from 1974Q2 to
2019Q1. Within a standard structural vector autoregression framework, we show that the …

Over the last 25 years, a set of influential studies has placed interest rates at the heart of
analyses that interpret and evaluate monetary policies. In light of this work, the Federal …

Following the exchange-rate paper by Kim and Roubini (J Monet Econ 45 (3): 561–586,
2000), we revisit the questions on monetary policy, exchange rate delayed overshooting, the …

Our purpose is to investigate how the European Central Bank (ECB) sets interest rates in the
context of both linear and nonlinear policy reaction functions. This work contributes to the …

This paper examines to what extent the central bank for the West African Economic and
Monetary Union (BCEAO) has used interest rate policy in response to domestic economic …

Method We use a class of models called identified vector autoregressions (VARs) that has
only recently begun to be widely used. Nonetheless, much of the previous empirical …

We estimate forward‐looking interest rate rules for five large Organization for Economic
Cooperation and Development economies, allowing for time variation in the responses to …

This paper investigates the effects of various monetary policy instruments in China with the
structural vector autoregression model. Empirical results are as follows. The effects of …

Using factor-augmented vector autoregressive (FAVAR) models, this study examines the
effects of the Central Bank of Russia's (CBR) monetary policy on economic indicators. The …

This paper estimates a forward‐looking monetary policy reaction function of the Central
Bank of the Republic of Turkey by considering the period from 1990: 01 to 2000: 10. When …