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...

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Detalles Bibliográficos
Autor Principal: Masson, Paul
Outros autores: Symansky, Steven
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1991.
Series:IMF Working Papers; Working Paper ; No. 1991/128
Subjects:
Acceso en liña:Full text available on IMF