Règle de conduite de politique monétaire applicable a la BEAC

Authors

  • Antoine Ngakosso

Keywords:

State banks, Monetary policy, Chartered Financial Analyst (CFA), Exchange rates, Dollar, United States dollar (USD)

Abstract

The object of this paper is to put forward a reaction function concerning the behavior of the Bank of the Central African States (BEAC). The empirical results show that, with the exception of output gap, all other variables have a significant influence on the interest rate. In addition to this, there is an error-correction mechanism indicating convergence towards equilibrium level of interest rate.(original abstract)

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Published

30-12-2018

How to Cite

Ngakosso, Antoine. “Règle De Conduite De Politique monétaire Applicable a La BEAC”. DEMO, vol. 3, no. 2, Dec. 2018, pp. 267-90, https://ojs.fimagis.pl/demo/article/view/1135.

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Articles

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