Why inflation targeting central banks seem to follow a standard Taylor rule

Central banks only caring about inflation stability seem to follow a standard Taylor rule. The alleged reaction to the output gap could be a reaction of the nominal interest rate to variations in the natural real rate of interest.

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Year of publication:	2012
Authors:	Kühn, Stefan ; Muysken, Joan
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 115.2012, 1, p. 28-30
Publisher:	Elsevier
Subject:	Taylor rule \| New Keynesian \| Endogenous growth

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011041846