Similar Search Results

Inflation targeting

Svensson, Lars E. O. - 2007 - Rev.

Persistent link: https://www.econbiz.de/10003833199

Monetary policy and real stabilization

Svensson, Lars E. O. - 2002

Persistent link: https://www.econbiz.de/10003834700

What is wrong with Taylor rules? : Using judgment in monetary policy through targeting rules

Svensson, Lars E. O. - 2002

Persistent link: https://www.econbiz.de/10003834701

Bayesian and adaptive optimal policy under model uncertainty

Svensson, Lars E. O. (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003448466

Data uncertainty and the role of money as an information variable for monetary policy

Coenen, Günter; Levin, Andrew T.; Wieland, Volker - 2003

that monetary aggregates have a potentially significant role in providing information about current real output. We then … proceed to analyze the information content of money in a forward-looking model in which monetary policy is optimally … determined subject to incomplete information about the true state of the economy. We show that monetary aggregates may have …

Persistent link: https://www.econbiz.de/10009765349

The zero-interest-rate and the role of the exchange rate for monetary policy in Japan

Coenen, Günter; Wieland, Volker - 2003

In this paper we study the role of the exchange rate in conducting monetary policy in an economy with near-zero nominal interest rates as experienced in Japan since the mid-1990s. Our analysis is based on an estimated model of Japan, the United States and the euro area with rational expectations...

Persistent link: https://www.econbiz.de/10009765351

Inflation targeting as a monetary policy rule

Svensson, Lars E. O. - 1998 - This version: August 1998

The purpose of the paper is to survey and discuss inflation targeting in the context of monetary policy rules. The paper provides a general conceptual discussion of monetary policy rules, attempts to clarify the essential characteristics of inflation targeting, compares inflation targeting to...

Persistent link: https://www.econbiz.de/10009768278

Marginalized predictive likelihood comparisons of linear Gaussian state-space models with applications to DSGE, DSGEVAR, and VAR models

Warne, Anders; Coenen, Günter; Christoffel, Kai - 2014

The predictive likelihood is of particular relevance in a Bayesian setting when the purpose is to rank models in a forecast comparison exercise. This paper discusses how the predictive likelihood can be estimated for any subset of the observable variables in linear Gaussian state-space models...

Persistent link: https://www.econbiz.de/10010412361

Exchange-rate policy and the zero bound on nominal interest

Wieland, Volker (contributor); Coenen, Günter (contributor) - 2004

Persistent link: https://www.econbiz.de/10003350007

Data uncertainty and the role of money as an information variable for monetary policy

Coenen, Günter; Levin, Andrew T.; Wieland, Volker - 2003

Persistent link: https://www.econbiz.de/10001788607