{"product_id":"taylor-rules-for-the-uk-economy-under-different-monetary-regimes-von-vasileios-kourakis","title":"Taylor Rules for the UK economy under different monetary regimes","description":"\u003cp\u003eThis document analyses whether the policy maker behaves differently under  various monetary policy regimes which is reflected by a change in the coefficient of  the Taylor rule. The estimated value of the coefficients, given the chosen monetary  targets, will also help us characterise whether the Bank of England was more or less  active according to the Taylor rule framework. In addition, attempt will be made to explain  whether the empirical results are expected or not, according to the  observed monetary regime. Moreover, this analysis compares the results of the  different estimation techniques used to identify the sensitivity of the central bank on  inflation and output gap and lastly we discuss the relative appropriateness of each  technique given their underlying assumptions.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783659117473\"\u003e\u003ch3\u003eApplication of advanced modelling techniques in a monetary policy framework\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783659117473","offer_id":39487755812957,"sku":"9783659117473","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/9146adec-2c60-42b3-89c9-01fcc00c7a0f.jpg?v=1757653841","url":"https:\/\/shop.autorenwelt.de\/products\/taylor-rules-for-the-uk-economy-under-different-monetary-regimes-von-vasileios-kourakis","provider":"Autorenwelt Shop","version":"1.0","type":"link"}