Dennis, Richard J. (contributor); … - 2007
FEDERAL RESERVE BANK OF SAN FRANCISCO
WORKING PAPER SERIES
Working Paper 2007-19
http://www.frbsf.org/publications/economics … Economics, University of California, Santa Cruz, CA 95064, USA. Email: fravenna@cats.ucsc.edu.
1. Introduction
We study an …. Using a
stylized New Keynesian business cycle model as a laboratory, we investigate whether a central
bank can learn to set …