Optimal Monetary Policy Inertia
| Year of publication: |
2000-11-03
|
|---|---|
| Authors: | Woodford, Michael |
| Institutions: | Institute for International Economic Studies (IIES), Stockholms Universitet |
| Subject: | commitment | discretion | interest-rate smoothing | monetary policy rules | forward-looking models | natural rate of interest |
| Extent: | application/pdf |
|---|---|
| Series: | |
| Type of publication: | Book / Working Paper |
| Notes: | A later version of the paper is also available as NBER working paper no. 7261, July 1999, and at the author's web page at www.princeton.edu/~woodford. The text is part of a series Seminar Papers Number 666 112 pages |
| Classification: | E52 - Monetary Policy (Targets, Instruments, and Effects) |
| Source: |
Persistent link: https://www.econbiz.de/10005648728