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

Monetary policy and inflation: lessons from an Taylor Rule

Oscar Kuikeu

MPRA Paper from University Library of Munich, Germany

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.

Keywords: inflation; Taylor Rule; monetary policy (search for similar items in EconPapers)
JEL-codes: C22 E52 (search for similar items in EconPapers)
Date: 2022-04-07
New Economics Papers: this item is included in nep-ban and nep-mac
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