Article citationsMore>>

Mc Callum, B. T. (1987). The Case for Rules in the Conduct of Monetary Policy: A Concrete Example. Review of World Economics, 123, 415-429.
https://doi.org/10.1007/BF02707752

has been cited by the following article:

• TITLE: Monetary Policy and Macroprudential Policy in Fixed Exchange: The Case of the Bank of Central African States

  AUTHORS: Symphorien Engone Mve

  KEYWORDS: Policy-Mix, Monetary Policy, Fixed Exchange Rate, Financial Stability, Macroprudential Policy

  JOURNAL NAME: Theoretical Economics Letters, Vol.12 No.5, October 11, 2022

  ABSTRACT: This article examines the nature of the policy-mix between monetary policy and macroprudential policy in the member countries of the Bank of Central African States (BCAS). For this, we test a monetary rule “augmented” by the financial stability objective using a regime-switching panel model over the period 2006-2018. The results show that the nature of the policy-mix between monetary policy and macroprudential policy depends on the economic situation, assessed by the evolution of BCAS’s net foreign assets.