Interest Rate Rules, Inflation Stabilization, and Imperfect Credibility: The Small Open Economy Case
收藏数据链接：
官方服务：
资源简介：
The paper examines the robustness of Interest Rate Rules, IRRs, in the context of an imperfectly credible stabilization program, closely following the format of much of the literature in open-economy models, e.g., Calvo and Vgh (1993 and 1999). A basic result is that IRRs, like Exchange Rate Based
提供机构：
美国国家经济研究局创建时间：
2007-06-01
