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Monetary Policy Rules for a Small Open Economy

✍ Scribed by Wolfram Berger


Book ID
111056394
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
262 KB
Volume
37
Category
Article
ISSN
0391-5026

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## Abstract This paper uses the empirical framework for formulating and estimating forward looking monetary policy rules developed in Clarida, Gali and Gertler (1998, 1999, 2000, 2001) and Clarida (2000) to assess what we know, don't know, and can't tell about monetary policy making in an open econ