Theoretical and Applied Economics
No. 1 / 2020 (622), Spring
Optimal Taylor rule in the new era central banking perspective
Independent Researcher Dr.
Abstract. The Taylor rule is a simple monetary policy rule that specifies how central banks should adjust policy interest rate in response to inflation deviation and output gap. However, with the change in the central role of central banks in the economy after the 2008 global crisis, alternative monetary policy implementations have been brought to the agenda. In this study, the optimal interest of the Taylor rule in terms of interest rate approaching zero and macro prudential policy developed to regulate the financial system and prevent imbalances in the real sector after the global crisis is discussed in theoretical terms.
Contents
An approach to the use of cryptocurrencies in Romania using data mining technique
Intellectual property rights, human capital and types of entrepreneurship in emerging and developing countries
Trade relation between India and other BRICS countries: A multidimensional approach using Gravity Model and Granger Causality
Do the macroeconomic indicators influence foreign direct investment inflow? Evidence from India
Conceptual dimensions regarding the financial contagion and the correlation with the stock market in Romania
An analysis of poverty among the informal workers of India
Financial stress index, growth and price stability in India: Some recent evidence
Testing Wagner’s Law for sub-Saharan Africa: A panel cointegration and causality approach
A review of international Fisher’s effect focusing on inflation in Indian context for corporate decisions
Factors that influence wages differences in formal sector on male and female workers in Palembang City
Optimal Taylor rule in the new era central banking perspective
The analysis of the quarterly evolution of the gross domestic product in 2019
The analysis of the international trade of Romania
The Romanian population’s perceptions regarding income inequalities and discrimination