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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Détails bibliographiques
Auteur principal: Agenor, Pierre-Richard
Autres auteurs: Taylor, Mark
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1991.
Collection:IMF Working Papers; Working Paper ; No. 1991/110
Sujets:
Accès en ligne:Full text available on IMF