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Rule-based monetary policy under central bank learning

Aoki, Kosuke (contributor); Nikolov, Kalin (contributor) - 2004

Persistent link: https://www.econbiz.de/10002700160

Rule-based monetary policy under central bank learning

Aoki, Kosuke; Nikolov, Kalin - 2004

Persistent link: https://www.econbiz.de/10002389800

Rule-based monetary policy under central bank learning

Aoki, Kosuke; Nikolov, Kalin - In: NBER International Seminar on Macroeconomics 2004, (pp. 145-181). 2007

Persistent link: https://www.econbiz.de/10003490355

Rule-Based Monetary Policy Under Central Bank Learning

Nikolov, Kalin; Aoki, Kosuke - 2005

This paper evaluates the performance of three popular monetary policy rules where the central bank is learning about the parameter values of a simple New Keynesian model. The three policies are: (1) the optimal non-inertial rule; (2) the optimal history-dependent rule; (3) the optimal price level...

Persistent link: https://www.econbiz.de/10014066751

Rule-based monetary policy under central banking learning

Aoki, Kosuke - 2005

Persistent link: https://www.econbiz.de/10013424614