What if the Fed Had Been an Inflation Nutter?

Journal
Applied Economics
ISSN
0003-6846
ISSN-Digital
1466-4283
Type
journal article
Date Issued
2004-07-01
Author(s)
DOI
Abstract
A structural rational expectations model of U.S. monetary policy is used to make a counterfactual experiment of a strongly inflation averse Federal Reserve Bank. Results for U.S. interest rates, output, and inflation over 1965-1999 are discussed.
Language
English
Keywords
Optimal monetary policy
rational expectations
Kalman filter
HSG Classification
not classified
Refereed
No
Publisher
Chapmann & Hall
Publisher place
Oxford
Volume
36
Number
13
Start page
1471
End page
1473
Pages
3
URL
Subject(s)

other research area

Division(s)

SBF - Swiss Institute...

Eprints ID
8732
File(s)
Thumbnail Image
Name

InflNut200312.pdf

Size

92.94 KB

Format

HTML

Checksum (MD5)

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