Home / Taylor Rule
Taylor Rule
Factors Determining the Accuracy of the Taylor Rule
Today and in the future and helps the public understand the responsibility of policy makers for LSCS decisions (Kahn 2010). 1.1.2 Taylor rule for calculating policy interest rate The original formula of Professor Taylor (1993) is as follows: i t = π t + 0.5(y t )+ 0.5(π t – 2) + 2 (1.1) and ...
Applying Taylor rule in the interest rate management mechanism of the State Bank of Vietnam - 28
APPENDIX 6 SUMMARY OF BASIC MILESTONES IN THE INTEREST RATE MANAGEMENT MECHANISM OF THE STATE BANK OF VIETNAM (1995 – 2015) Timeline Interest rate management mechanism Circulars and Decisions of the State Bank Note 1995-August 1996 Interest rate ceiling (TLS) for short-term, medium-term and ...