Econometric Policy Evaluation and Inverse Control
The traditional approach to monetary policy evaluation entails a first step in which structural parameters are estimated and a second in which the performance of alternative policy rules is studied. This paper combines the two steps of the traditional approach into one by estimating a structural mod...
Veröffentlicht in: | Journal of Money, Credit and Banking. - Blackwell Publishing. - 38(2006), 7, Seite 1737-1764 |
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Format: | Online-Aufsatz |
Sprache: | English |
Veröffentlicht: |
2006
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Zugriff auf das übergeordnete Werk: | Journal of Money, Credit and Banking |
Schlagworte: | C32 C61 E31 E32 E52 E61 Control Theory New Keynesian Model Optimal Monetary Policy Policy Evaluation mehr... |
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