Robustness of Simple Monetary Policy Rules under Model Uncertainty
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In this paper, we investigate the properties of alternative monetary policy rules using four structural macroeconometric models: the Fuhrer-Moore model, Taylor's Multi-Country Model, the MSR model of Orphanides and Wieland, and the FRB staff model. All four models incorporate the assumptions of
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美国国家经济研究局创建时间：
1998-05-01
