Castro, Vítor (contributor) - 2008
monetary policy of the Fed over the period 1985-2005 using a
basic Taylor rule and finds the presence of nonlinearities: once … linear rule by considering the effect of other variables
in the conduct of monetary policy. For example, Fourçans and … nonlinearities from the output gap,
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we allow for monetary policy changes between periods of high and low inflation. Note
that …