Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models
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We use a micro-founded macroeconometric modeling framework to investigate the design of monetary policy when the central bank faces uncertainty about the true structure of the economy. We apply Bayesian methods to estimate the parameters of the baseline specification using postwar U.S. data, and
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美国国家经济研究局创建时间：
2005-08-01
