Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10001589745
Persistent link: https://www.econbiz.de/10001589759
Persistent link: https://www.econbiz.de/10001623326
Persistent link: https://www.econbiz.de/10011478693
There are two main approaches to modelling monetary policy; simple instrument rules and optimal policy. We propose an alternative that combines the two by extending the loss function with a term penalizing deviations from a simple rule. We analyze the properties of the modified loss function by...
Persistent link: https://www.econbiz.de/10011590362
Persistent link: https://www.econbiz.de/10011708024
Persistent link: https://www.econbiz.de/10001567422
Persistent link: https://www.econbiz.de/10001828841
Persistent link: https://www.econbiz.de/10002822768
Persistent link: https://www.econbiz.de/10010223576