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Forecasting and estimating multiple change-point models with an unknown number of change points

Koop, Gary M. (contributor); Potter, Simon M. (contributor) - 2004 - [Elektronische Ressource]

involving U.S. inflation and GDP growth. Empirical results suggest that the number of change points is larger than previously …

Persistent link: https://www.econbiz.de/10002521761

Terms of trade and exchange rate regimes in developing countries

Broda, Christian M. (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001656410

Has monetary policy become less powerful?

Boivin, Jean (contributor); Giannoni, Marc Paolo (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001656395

An investigation of the gains from commitment in monetary policy

Schaumburg, Ernst (contributor); … - 2003 - [Elektronische Ressource]

This paper proposes a simple framework for analyzing a continuum of monetary policy rules characterized by differing degrees of credibility, in which commitment and discretion become special cases of what we call quasi commitment. The monetary policy authority is assumed to formulate optimal...