Targeting vs. Instrument Rules for Monetary Policy
收藏NBER2004-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w10612
下载链接
链接失效反馈官方服务:
资源简介:
Svensson (JEL, 2003) argues strongly that specific targeting rules first order optimality conditions for a specific objective function and model are normatively superior to instrument rules for the conduct of monetary policy. That argument is based largely upon four main objections to the latter
提供机构:
美国国家经济研究局
创建时间:
2004-07-01



