Identifying Monetary Policy Rules for Sri Lanka
نویسندگان
چکیده
منابع مشابه
Designing an Optimum Fiscal Policy for Tobacco to Maximise the Tax Revenue, Social Savings and the Net Monetary Benefits in Sri Lanka
Background Fiscal policy targeting tobacco control is identified as the most effective strategy for rapid control of tobacco use. An optimum fiscal policy to estimate the percentage taxation that will maximise the government tax revenue, social savings and the net monetary benefit has not been empirically designed before in Sri Lank...
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متن کاملSri Lanka
Sri Lanka is a country with an approximate area of 66 thousand square kilometers (UNO, 2008). The population is 20,409,946 and the sex ratio (men per hundred women) is 98 (UNO, 2009). The proportion of the population under the age of 18 years is 28% and the proportion above age 60 is 8% (UNO, 2009). The literacy rate is 97% for men and 99% for women (UN Statistics, 2008). The life expectancy at...
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Several papers have documented a regime switch in US monetary policy from ‘passive’ and destabilizing in the pre-1979 period to ‘active’ and stabilizing afterwards. These studies typically work with DSGE models with rational expectations. This paper relaxes the assumption of rational expectations and allows for learning instead. Economic agents form expectations from simple models and update th...
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ژورنال
عنوان ژورنال: Staff Studies
سال: 2018
ISSN: 1391-3743
DOI: 10.4038/ss.v48i2.4711