Bec, Frédérique; Ben Salem, Mélika; Collard, Fabrice - In: Studies in Nonlinear Dynamics & Econometrics 6 (2002) 2
This paper proposes an empirical exploration of the possible asymmetric nature of the preferences of central bankers, with respect to inflation and output targets. The idea underlying this work lies in the widespread belief that central bankers interventions - through changes in a short-term...
