Interest-Rate Rules in an Estimated Sticky Price Model
收藏NBER1998-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w6618
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资源简介:
This paper evaluates alternative rules by which the Fed may set interest rates using the small model of the U.S. economy estimated in Rotemberg and Woodford (1997). Our main substantive finding is that low and stable inflation together with stable interest rates can be achieved by letting the funds
提供机构:
美国国家经济研究局
创建时间:
1998-06-01



