Bullard, James Brian (contributor); Cho, In-Koo (contributor) - 2003 - [Elektronische Ressource], rev
: Learning, monetary policy rules, escape dynamics.
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Research Department, Federal Reserve Bank of St. Louis, 411 Locust Street ….1. Overview
In the recent literature on monetary policy in microfounded models, there
has been a great deal of discussion … conventional analysis,
we would conclude that this monetary policy was close to the optimal one.
We alter the economy relative to …