The Greenbook and U.S. Monetary Policy /
Although very attractive both theoretically and empirically, Taylor rules imply mechanical responses by the policy variable (interest rate) to fundamental ones (inflation and output gap). This study looks for empirical evidence of a more sophisticated monetary policy, one which takes into account ex...
| Glavni autor: | |
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| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2004.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2004/213 |
| Teme: | |
| Online pristup: | Full text available on IMF |