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Monetary policy objectives and economic outcomes : what can we learn from a wavelet-based optimal control approach?

Crowley, Patrick M.; Hudgins, David - In: The Manchester School 90 (2022) 2, pp. 144-170

Persistent link: https://www.econbiz.de/10013162690

What is the right balance between US monetary and fiscal policy? : explorations using simulated wavelet-based optimal tracking control

Crowley, Patrick M.; Hudgins, David - In: Empirical economics : a journal of the Institute for … 55 (2018) 4, pp. 1537-1568

Persistent link: https://www.econbiz.de/10011950278

Wavelet-based monetary and fiscal policy in the Euro area

Crowley, Patrick M.; Hudgins, David - In: Journal of policy modeling : JPMOD ; a social science … 39 (2017) 2, pp. 206-231

Persistent link: https://www.econbiz.de/10011896376

Optimal monetary policy rules for averting productivity induced jobless recoveries

Hudgins, David; Shuai, Jie - In: Review of applied economics 2 (2006) 2, pp. 159-167

Persistent link: https://www.econbiz.de/10003779560

Stress-testing U.S. macroeconomic policy : a computational approach using stochastic and robust designs in a wavelet-based optimal control framework

Hudgins, David; Crowley, Patrick M. - In: Computational economics 53 (2019) 4, pp. 1509-1546

Persistent link: https://www.econbiz.de/10012135574

How effective is the Taylor rule? : some insights from the time-frequency domain

Crowley, Patrick M.; Hudgins, David - 2020

When the central bank sets monetary policy according to a conventional or modified Taylor rule (which is known as the Taylor Principle), does this deliver the best outcome for the mac-roeconomy as a whole? This question is addressed by extending the wavelet-based control (WBC) model of Crowley...

Persistent link: https://www.econbiz.de/10012170972

U.S. macroeconomic policy evaluation in an open economy context using wavelet decomposed optimal control methods

Crowley, Patrick M.; Hudgins, David - 2019

Persistent link: https://www.econbiz.de/10012114884

Optimal monetary policy rules for averting productivity induced jobless recoveries

Hudgins, David; Shuai, Jie - In: Review of applied economics 14 (2018) 1/2, pp. 65-73

Persistent link: https://www.econbiz.de/10012167013

Is the Taylor rule optimal? : evaluation using a wavelet-based control model

Crowley, Patrick M.; Hudgins, David - In: Applied economics letters 28 (2021) 1, pp. 54-60

Persistent link: https://www.econbiz.de/10012415058