Showing 1 - 10 of 8,931
Persistent link: https://www.econbiz.de/10003204546
Persistent link: https://www.econbiz.de/10001660528
Persistent link: https://www.econbiz.de/10001645263
Persistent link: https://www.econbiz.de/10000761090
Persistent link: https://www.econbiz.de/10003410637
Persistent link: https://www.econbiz.de/10008904987
In this paper we quantitatively evaluate the hypothesis that the Great Moderation is partly the result of a less activist monetary policy. We simulate a New Keynesian model where the central bank can only observe a noisy estimate of the output gap and fnd that the less pronounced reaction of the...
Persistent link: https://www.econbiz.de/10009240993
Persistent link: https://www.econbiz.de/10011396514
Persistent link: https://www.econbiz.de/10010380610