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Monetary Policy and Financial Stability: A CEMAC Zone Case Study

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  • Antoine Ngakosso

Abstract

This article scrutinizes the relation between the monetary policy and the financial stability driving data from CEMAC zone countries. Furthermore, it aims to know if in addition to its mandate about price stability, the BEAC bank integrates the financial stability in its monetary policy. My method is based on the Taylor Increased Rule estimation of the financial price assets and the econometric test. The results show that the separated policy-mix better fits for CEMAC zone countries. Furthermore, it comes out that the adapted monetary policy practiced by BEAC bank currently ensures the price stability.

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  • Antoine Ngakosso, 2016. "Monetary Policy and Financial Stability: A CEMAC Zone Case Study," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(7), pages 244-244, July.
    • Handle: RePEc:ibn:ijefaa:v:8:y:2016:i:7:p:244
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    3. Simplice A. Asongu & Nathanael Ojong & Valentine B. Soumtang, 2021. "Central Banks’ responses to the Covid-19 pandemic: The case of the Bank of Central African States," Working Papers of the African Governance and Development Institute. 21/076, African Governance and Development Institute..

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