A New Approach for Modeling and Understanding Optimal Monetary Policy
| Year of publication: |
2010
|
|---|---|
| Authors: | Romaniuk, Katarzyna |
| Publisher: |
[2010]: [S.l.] : SSRN |
| Subject: | Geldpolitik | Monetary policy | Theorie | Theory |
| Description of contents: |
The coefficients of Taylor (1993)'s monetary policy rule can be seen as portfolio weights. Their optimal values are derived by adapting Merton (1971)'s asset allocation model
Abstract [papers.ssrn.com]
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| Extent: | 1 Online-Ressource |
|---|---|
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | In: Economics Letters, Vol. 100, No. 1, 2008 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 28, 2007 erstellt Volltext nicht verfügbar |
| Classification: | C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; G11 - Portfolio Choice |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10013142771