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~institution:"Institut d'Economie et Econométrie, Université de Genève"
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Nonlinear Taylor Rule
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OECD forecasts
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out-of-sample forecasting
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semi-parametric modeling
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Markov, Nikolay
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Institut d'Economie et Econométrie, Université de Genève
Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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Research Papers by the Institute of Economics and Econometrics, Geneva School of Economics and Management, University of Geneva
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Is the Taylor Rule Nonlinear? Empirical Evidence from a Semi-Parametric Modeling Approach
Markov, Nikolay
;
Porres, Carlos de
-
Institut d'Economie et Econométrie, Université de Genève
-
2011
one of a linear policy rule with interest rate smoothing. An
out-of-sample
forecasting
of the policy rate indicates that …
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