The relationships between interest rates and inflation changes: An analysis of long-term interest rate dynamics in developing countries

• Main Authors: Asgharpur, Hossein, Kohnehshahri, Lotfali Agheli, Karami, Azhdar
• Format: Conference or Workshop Item
• Language: English
• Published: 2007
• Subjects: HB Economic Theory
• Online Access: http://repo.uum.edu.my/2416/1/Hossein_Asgharpur.pdf; http://repo.uum.edu.my/2416/

Interest rates lie at the centre of monetary policy, not just as passive reflectors on money supply but rather as one of the main policy instruments. Interest rates have played a central role macroeconomic policy. In developing countries, interest rates have also enjoyed high popularity as policy i...