Money Targeting in a Modern Forecasting and Policy Analysis System: an Application to Kenya

WP/13/239

Money Targeting in a Modern Forecasting and Policy Analysis System: an Application to Kenya
We extend the framework in Andrle and others (2013) to incorporate an explicit role for money targets and target misses in the analysis of monetary policy in low-income countries (LICs), with an application to Kenya. We provide a general specification that can nest various types of money targeting (ranging from targets based on optimal money... READ MORE...

Publication date: November 2013
ISBN 9781475538007
$18.00

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Publication date: November 2013

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Publication date: November 2013

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