Asymmetric Monetary Policy Rules For An Open Economy: Evidence From Canada and the UK
Caglayan, M.; Jehan, Z.; Mouratidis, K.;
We present an analytical framework to examine the open economy monetary policy rule of a central bank under asymmetric preferences. The resulting policy rule is then empirically examined using quarterly data with regard to Canada and the UK from 1983q1 to 2007q4. Our em... View more
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