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~accessRights:"free"
~isPartOf:"Discussion paper / Centre for Economic Policy Research"
~isPartOf:"ECB Working Paper"
~person:"Helpman, Elhanan"
~person:"Marcellino, Massimiliano"
~person:"Svensson, Lars E. O."
~subject:"Credibility"
~subject:"Financial supervision"
~subject:"Geldpolitisches Ziel"
~subject:"Inflation"
~subject:"Portfolio-Management"
~subject:"Theorie"
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Factor analysis in a New-Keynesian model
Beyer, Andreas
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Farmer, Roger E. A.
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Henry, Jérôme
; …
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2005
information
extraction from large data sets. Using these techniques, we evaluate the robustness of recent findings on the …
Persistent link: https://www.econbiz.de/10011604556
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How Robust Is the Result That the Cost of ‘Leaning against the Wind’ Exceeds the Benefit?
Svensson, Lars E. O.
-
2017
The main result in Svensson (2017) and its previous versions is that, given current knowledge and empirical estimates, the cost of using monetary policy to “lean against the wind” for financial-stability purposes exceeds the benefit by a substantial margin. Adrian and Liang (2016a) conduct a...
Persistent link: https://www.econbiz.de/10012961595
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