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Keywords: Policy simulations
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Journal Articles
Journal of Economics, Finance and Administrative Science (2020) 25 (50): 339–362.
Published: 10 June 2020
... of movements is used for estimation of behavioural equations, while a Gauss–Seidel algorithm is used for model simulation purposes. Findings The paper presents the results of two policy simulations from the estimated model that highlight the differential impact of monetary policy. The first one, hike...

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