Showing 1 - 10 of 229
Using US data, we estimate optimal policy with a probability below one that the Fed reneges on its commitment ("limited credibility") versus discretionary policy where the Fed reneges on its commitment at all periods with a probability equal to one ("zero credibility"). The transmission...
Persistent link: https://www.econbiz.de/10011695111
Persistent link: https://www.econbiz.de/10012792375
Persistent link: https://www.econbiz.de/10012294979
Persistent link: https://www.econbiz.de/10014448553
Persistent link: https://www.econbiz.de/10014532370
Persistent link: https://www.econbiz.de/10011376721
Persistent link: https://www.econbiz.de/10011549958
Persistent link: https://www.econbiz.de/10011765196
Persistent link: https://www.econbiz.de/10011966683
Persistent link: https://www.econbiz.de/10009620686