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Alternative Monetary Policy Rules: A Comparison with Historical Settings for the United States, the United Kingdom, and Japan

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NBER2000-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7725
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资源简介:
This paper conducts counterfactual historical analysis of several monetary policy rules by contrasting actual settings of instrument variables with values that would have been specified by the rules in response to prevailing conditions. Of particular interest is whether major policy mistakes, judged
提供机构:
美国国家经济研究局
创建时间:
2000-06-01
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