Monetary Policy Credibility and the Unemployment-Inflation Tradeoff : Some Evidence From 17 Industrial Countries /

Using data on long-term interest rates for 17 industrial countries, this paper develops some simple measures of monetary policy credibility and then tests if such measures improve the out-of-sample forecasts of conventional models of the inflation-unemployment process. The results provide some evide...

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Detaylı Bibliyografya
Yazar: N'Diaye, Papa
Diğer Yazarlar: Laxton, Douglas
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2002.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2002/220
Online Erişim:Full text available on IMF