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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| 格式: | 雜誌 |
| 語言: | English |
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Washington, D.C. :
International Monetary Fund,
1991.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 1991/110 |
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| 在線閱讀: | Full text available on IMF |