Reguli de Politică Monetară
Monetary Policy Rules

Summary/Abstract: The following article highlights the Taylor monetary policy rule. This is not far from reality, as demonstrated in the present paper, observing the positive relationship between the variables considered, as evidenced by the Eviews estimates. The obtained results confirm the economic theory, but the lack of statistical validity of the estimated models stems from the violation of the classical assumptions of multiple regressions and from the use of a simplified estimation method, while in the aforementioned works, complex techniques were used to remove the impediments encountered by us, such as the Generalized Method of Moments (GMM) estimation method.

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