Evaluating Policy Rules Under Imperfect Credibility /

Evaluation of policy rules using empirical macroeconomic models is usually done on the assumption that the rules are perfectly credible. However, there are usually circumstances that cause the authorities to abandon any given rule. The public's expectations reflect this possibility. In the pape...

Description complète

Détails bibliographiques
Auteur principal: Masson, Paul
Autres auteurs: Symansky, Steven
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1991.
Collection:IMF Working Papers; Working Paper ; No. 1991/128
Sujets:
Accès en ligne:Full text available on IMF