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On the hump-shaped output effect of monetary policy in an open economy

โœ Scribed by Christian Pierdzioch; Serkan Yener

Publisher
Springer-Verlag
Year
2007
Tongue
English
Weight
263 KB
Volume
4
Category
Article
ISSN
1612-4804

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The empirics of monetary policy rules in
The empirics of monetary policy rules in open economies
โœ Richard H. Clarida ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 104 KB

## 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