Chaotic Interest Rate Rules: Expanded Version
收藏NBER2004-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10272
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资源简介:
A growing empirical and theoretical literature argues in favor of specifying monetary policy in the form of Taylor-type interest rate feedback rules. That is, rules whereby the nominal interest rate is set as an increasing function of inflation with a slope greater than one around an intended
日益壮大的经验与理论研究文献均主张,应采用泰勒型利率反馈规则(Taylor-type interest rate feedback rules)的形式设定货币政策。具体而言,此类规则将名义利率(nominal interest rate)设定为通货膨胀(inflation)的递增函数,且在某一既定目标附近的斜率大于1。
提供机构:
美国国家经济研究局
创建时间:
2004-02-01



