Showing 1 - 1 of 1
We estimate the effect of shifts in monetary policy using the term structure of interest rates. In our no-arbitrage model, the short rate follows a version of the <xref ref-type="bibr" rid="bib47">Taylor's (1993</xref>, "Discretion Versus Policy Rules in Practice", Carnegie-Rochester Conference Series on Public Policy, 39, 195--214)...
Persistent link: https://www.econbiz.de/10009148341