Monetary Policy Is Not Always Systematic and Data-Driven: Evidence from the Yield Curve
January 17, 2020
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Format: Chicago
Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary
Subject: Central bank policy rate, Exchange rates, Financial services, Foreign exchange, Inflation, Inflation targeting, Monetary policy, Prices, Yield curve
Keywords: Africa, Central bank policy rate, Exchange rates, Global, Inflation, Inflation expectation, Inflation stabilization, Inflation targeting, Inflation-targeting country, Interest rate, Monetary policy decision, Monetary policy innovation, Monetary transmission, Nelson-Siegel yield curve model, Rate, Rule-based monetary policy, Sub-Saharan Africa, WP, Yield curve, Yield curve movement
Publication Details
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Pages:
36
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Volume:
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DOI:
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Issue:
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Series:
Working Paper No. 2020/004
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Stock No:
WPIEA2020004
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ISBN:
9781513522012
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ISSN:
1018-5941