Monetary policy in an uncertain world: probability models and the design of robust monetary rules
نویسندگان
چکیده
منابع مشابه
Monetary Policy in an Uncertain World: Probability Models and the Design of Robust Monetary Rules∗
The past forty years or so has seen a remarkable transformation in macro-models used by central banks, policymakers and forecasting bodies. This papers describes this transformation from reduced-form behavioural equations estimated separately, through to contemporary micro-founded dynamic stochastic general equilibrium (DSGE) models estimated by systems methods. In particular by treating DSGE m...
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ژورنال
عنوان ژورنال: Indian Growth and Development Review
سال: 2012
ISSN: 1753-8254
DOI: 10.1108/17538251211224141