Rasche, Robert H. (contributor); … - 2005
Revised July 2005
FEDERAL RESERVE BANK OF ST. LOUIS
Research Division
411 Locust Street
St. Louis, MO 63102 …
*
The authors are Senior Vice President and Director of Research and Senior Research Associate,
respectively. The views … research
(Fischer, 1977, Taylor, 1980, and Calvo, 1983) demonstrated that it was the interaction of
the rational expectations …