Testing for Credibility Effects /
This paper examines some recent techniques designed to draw inferences about the credibility of changes in macroeconomic policy regimes. An alternative two-step approach, based on the decomposition between permanent and transitory components of a "credibility variable" is proposed. The met...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
1991.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 1991/110 |
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| Accés en línia: | Full text available on IMF |