An empirical study of interest rate determination rules
(2008)
Journal Article
Bhattarai, K. (2008). An empirical study of interest rate determination rules. Applied financial economics, 18(4), 327-343. https://doi.org/10.1080/09603100500447560
This paper finds empirical support for a Taylor (1993) type interest rate determination rule. The model is solved analytically, estimated and used for simulation, impulse response analyses and forecasting with quarterly time series data for the UK an... Read More about An empirical study of interest rate determination rules.