Politique monétaire et inflation : les enseignements d’une Règle de Taylor

Kuikeu, Oscar (2022): Politique monétaire et inflation : les enseignements d’une Règle de Taylor.

Abstract

While the recent resurgence of inflation all around the world not coming from monetary policies actions and that following the some analysts this increasing trend in prices with no longer reach the mong term nevertheless he becomes of interest to assess the place of central banks facing to this prices increases. For this purpose we have relies on Taylor rule with the main advantage that he gives this ability to model san policymaker as playing only on inflation and product. Globally speaking, with the obtained results he appears that the methods of correcting for autocorrelations between the right hand side and the error term is suitable to understand this kind of subject. With the obtained results we have well assess on the behavior on monetary policy in face of increasing trend in inflation in the sense that the data covers the period just following the cfa franc devaluation of January 1994.

• Item Type: MPRA Paper
• English Title: Monetary policy and inflation: lessons from an Taylor Rule
• Language: French
• Keywords: inflation, Taylor Rule, monetary policy
• Subjects: C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C22 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy

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