Gavin, William T.; Keen, Benjamin D.; Pakko, Michael R. - Federal Reserve Bank of St. Louis - 2007
adopts the optimal policy. When the monetary policy rules are modified to include some weight on a price path, the economy …
Inflation Risk and Optimal Monetary Policy
William T. Gavin
Benjamin D. Keen
and
Michael R. Pakko
Working … material) should be
cleared with the author or authors.
Inflation Risk and Optimal Monetary Policy
William T …