Together or Apart? Monetary Policy Divergences in the G4
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DOI: 10.1007/s11079-019-09524-y
Abstract: We evaluate monetary policy divergence in the G4. A Taylor rule is extended that admits a global element and also allows for unconventional monetary policy to be reflected in a shadow policy rate. We propose… read more here.
Keywords: together apart; monetary policy; policy divergences; apart monetary ... See more keywords