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Monetary policy rules for an open economy

Batini, Nicoletta; Harrison, Richard; Millard, Stephen P. - In: Journal of Economic Dynamics and Control 27 (2003) 11-12, pp. 2059-2094

Persistent link: https://www.econbiz.de/10005205252

Robust inflation-forecast-based rules to shield against indeterminacy

Batini, Nicoletta; Justiniano, Alejandro; Levine, Paul; … - In: Journal of Economic Dynamics and Control 30 (2006) 9-10, pp. 1491-1526

Persistent link: https://www.econbiz.de/10005160675

Optimal horizons for inflation targeting

Batini, Nicoletta; Nelson, Edward - In: Journal of Economic Dynamics and Control 25 (2001) 6-7, pp. 891-910

Persistent link: https://www.econbiz.de/10005160868

Monetary policy rules for an open economy

Batini, Nicoletta; Harrison, Richard; Millard, Stephen P. - In: Journal of Economic Dynamics and Control 27 (2003) 11, pp. 2059-2094

The popular Taylor rule is meant to inform monetary policy in economies that are closed. Its main open-economy alternative, i.e., Ball's (In: J.B. Taylor (Ed.), Monetary Policy Rules, University of Chicago Press, Chicago) rule based on a Monetary Conditions Index, cannot offer guidance for the...

Persistent link: https://www.econbiz.de/10011051958