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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Бібліографічні деталі
Автор: Masson, Paul
Інші автори: Symansky, Steven
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1991.
Серія:IMF Working Papers; Working Paper ; No. 1991/128
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Онлайн доступ:Full text available on IMF