ISBN: 9783639297638 - rule-based monetary policy for developing countries: evidence from developed countries (3 resultados)

Taschenbuch. Condición: Neu. Rule-based Monetary Policy for Developing Countries | Evidence from Developed Countries | Mohammed Saiful Islam | Taschenbuch | Englisch | VDM Verlag Dr. Müller | EAN 9783639297638 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu.…

Kartoniert / Broschiert. Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Saiful Islam MohammedBSS Honours (First Class), MSS Economics, Bangladesh MSc Economics, Sweden PhD researcher, University of Dundee, UK Faculty Member of Chittagong University Currently Teaching Assistant at Dundee University, U.…

Taschenbuch. Condición: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Price and output stabilities determine the success of monetary policy in either economy. This paper briefly examines the monetary policy strategies of three developed countries (USA, UK, Sweden) and three developing countries (Bangladesh, India, Pakistan). It is found that the developed countries follow some rule-based monetary policy whereas the developing countries with ill-organised monetary system do not follow the rule- based policy, rather they often formulate and launch policies under some discretionary framework. The fundamental objective of this study is to examine the performance of rule-based monetary policy in developing countries by extracting experience from developed ones. Since its inception in 1993, Taylor rule has become synonymous to monetary policy. But it is a matter of fact that this rule was grounded on the developed economies and numerous researches have been carried out with the same respect disregarding the applicability of this rule to the developing economies. In this paper, I use one simple macroeconomic model to simulate the economies with the Taylor rule as monetary policy.…