What if the Fed had been an inflation nutter?

A structural rational expectations model of US monetary policy is used to make a counterfactual experiment of a strongly inflation averse Federal Reserve Bank. Results for US interest rates, output, and inflation over 1965-1999 are discussed.

MoreLess

Year of publication:	2004
Authors:	Soderlind, Paul
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 36.2004, 13, p. 1471-1473
Publisher:	Taylor & Francis Journals

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005643874