Trehan, Bharat (contributor); Wu, Tao (contributor) - 2004
problem is similar to the one that arises because the econo-
metrician does not know the value of the gap that is used by the … varying ERR but the
econometrician assumes otherwise, estimated policy rules will tend to exaggerate
the degree of interest … well. It has also been used extensively to analyze the conduct of
policy, both in the U.S. and abroad.
1
However, nearly …