Monetary Policy Shifts and the Term Structure
收藏NBER2009-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w15270
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资源简介:
We estimate the effect of shifts in monetary policy using the term structure of interest rates. In our no-arbitrage model, the short rate follows a version of the Taylor (1993) rule where the coefficients on the output gap and inflation vary over time. The monetary policy loading on the output gap
提供机构:
美国国家经济研究局
创建时间:
2009-08-01



