Monetary Policy Rules: Empirical Applications Based on Survey Data

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This work provides different studies of how econometric evaluation of monetary policy based on forward-looking Taylor rules is conducted. The first part discusses theoretical results regarding the Taylor principle and can be used as a guideline for the evaluation of the following three empirical applications based on survey data of Consensus Economics. The first application deals with the question whether the introduction of inflation targeting affects monetary policy. The second application investigates the consequences of ...

Monetary Policy Rules: Empirical Applications Based on Survey Data 2012, Peter Lang AG, Bern

ISBN-13: 9783631616581

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