Benati, Luca (contributor); Surico, Paolo (contributor) - 2007
, we show that a more aggressive policy stance towards inflation causes a decline in inflation predictability, providing a … Product, 1
Decimal’), from the Bureau of Economic Analysis; and the money growth, computed as the log
difference of M2 (‘Money … Applica-
tion to U.S. Monetary Policy,” American Economic Review, 94(1), 190—217.
Primiceri, G. E. (2005): “Time Varying …