Showing 1 - 7 of 7
We assess the quantitative importance of expectation effects of regime shifts in monetary policy in a DSGE model that allows the monetary policy rule to switch between a "bad" regime and a "good" regime. When agents take into account such regime shifts in forming expectations, the expectation...
Persistent link: https://www.econbiz.de/10003486499
Persistent link: https://www.econbiz.de/10011381748
Persistent link: https://www.econbiz.de/10003228845
Persistent link: https://www.econbiz.de/10001658819
Persistent link: https://www.econbiz.de/10001610888
Persistent link: https://www.econbiz.de/10001506970
Persistent link: https://www.econbiz.de/10012265075