Browsing Department of Economics by Subject "monetary policy rule"
Now showing items 1-2 of 2
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(Vanderbilt University, 2003)In this article, the optimal interest rate rule generated by Svennson's (1997) dynamic model is used to determine the impact that a number of key structural characteristics have on the downward flexibility of interest rates ...
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(Vanderbilt University, 2008)This paper develops an open economy DSGE model with an emphasis on trade costs to evaluate the performance of the Bank of Canada in the Canadian inflation targeting experience. For model parametrization, the New-Keynesian ...