The Perils of Taylor Rules
| Year of publication: |
1998
|
|---|---|
| Authors: | Benhabib, Jess ; Schmitt-Grohe, Stephanie ; Uribe, Martin |
| Institutions: | C.V. Starr Center for Applied Economics, Department of Economics |
| Subject: | interest rate feedback rules | zero bound on nominal rates | liquidity traps | multiple equilibria |
| Extent: | application/pdf |
|---|---|
| Series: | |
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | 27 pages |
| Classification: | E52 - Monetary Policy (Targets, Instruments, and Effects) ; E31 - Price Level; Inflation; Deflation ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization |
| Source: |
Persistent link: https://www.econbiz.de/10005605610