Are Eastern European Taylor Reaction Functions Asymmetric in Inflation or Output: Empirical Evidence for four Countries

Do central banks in Eastern European countries react asymmetrically and in a non-linear fashion to changes in inflation and output? We tackle this question by expanding the standard Taylor reaction function for the four inflation targeting countries Czech Republic, Hungary, Poland and Ro- mania....

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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 08-2018)
Main Author:	Klose, Jens
Format:	Article
Language:	English
Published:	Philipps-Universität Marburg 2018
Subjects:	Wirtschaft Eastern European countries Asymmetries Taylor reaction function Economics
Online Access:	PDF Full Text
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