Effectiveness of monetary policy: Application of modified Peter and Clark (PC) algorithms under Graph-Theoretic Approach
It is common practice that central banks around the world must adopt an inflation targeting framework; based on the assumption that inflation could be reduced by increasing interest rates. On contrary, the theoretical literature and data-based evidences differ remarkably. The arduous attached in fin...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house
2021-09-01
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Series: | Scientific Annals of Economics and Business |
Subjects: | |
Online Access: | http://saeb.feaa.uaic.ro/index.php/saeb/article/view/1217 |