Thank you very much for your attention, and I wish you an interesting and productive conference. 1. Sims, C. A. (2012), “Statistical modeling of monetary policy and its effects”, American Economic Review, Vol. 102, No 4, pp. 1187-1205. 2. There are studies suggesting that the slope of the structural Phillips curve may be steeper. See Hazell, J. et al.
Since May 2013, interest rates on new and existing dinar household loans have been halved, and those in the corporate segment turned even three times lower, which gave an impetus to disposable income, investment and economic activity.