Vázquez, Jesús; María-Dolores, Ramón; Londoño, Juan M. - In: International Review of Economics & Finance 24 (2012) C, pp. 235-249
This paper proposes an extended version of the basic New Keynesian monetary (NKM) model which contemplates revision processes of output and inflation data in order to assess the importance of data revisions on the estimated monetary policy rule parameters and the transmission of policy shocks....
