Stoltenberg, Christian - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2006
, monetary policy rules, exible prices.
⁄I’m especially thankful to Harald Uhlig, Jordi Gal¶‡, Andreas Schabert and Mark Weder … (activeness), monetary policy should aggressively flght in ation by raising the
nominal interest rate more than the increase in in … determination and stability under simple monetary
policy feedback rules and can be summarized as follows.
† For the unique …