The methodology for assessing interest-rate policy rules: some comments

This paper is critical of the conceptual foundations and methodology adopted by in his exploration of the impact of different interest-rate policy rules on inflation. His modelling framework is too narrow to adequately discriminate between different interest-rate rules in terms of their broader macroeconomic impacts.

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Year of publication:	2021
Authors:	Watts, Martin
Published in:	European Journal of Economics and Economic Policies: Intervention (EJEEP). - ISSN 2052-7772. - Vol. 18.2021, 3, p. 275-285
Publisher:	Cheltenham : Edward Elgar Publishing
Subject:	zero interest-rate policy (ZIRP) \| zero real policy rate (ZRRP) \| inflation models

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.4337/ejeep.2021.03.02 [DOI] hdl:10419/277518 [Handle] RePEc:elg:ejeepi:v:18:y:2021:i:3:p275-285 [RePEc]
Classification:	B22 - Macroeconomics ; E43 - Determination of Interest Rates; Term Structure Interest Rates ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies
Source:	EconStor

Persistent link: https://www.econbiz.de/10014363424