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Taylor rule in practice: Evidence from Tunisia

Chaouech, Olfa (2015): Taylor rule in practice: Evidence from Tunisia.

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Abstract

This paper estimates the Taylor rule under the statistical version, then the dynamic version of the Central bank of Tunisia (CBT), using monthly data from 1995 M1 to 2015 M12. The empirical results indicate that the CBT follows the Taylor rule in its dynamic version.

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