The Long and the Short End of the Term Structure of Policy Rules
收藏数据链接:
官方服务:
资源简介:
We first document a large secular shift in the estimated response of the entire term structure of interest rates to inflation and output in the United States. The shift occurred in the early 1980s. We then derive an equation that links these responses to the coefficients of the central bank's
提供机构:
美国国家经济研究局创建时间:
2007-11-01



