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The Empirics of International Monetary Transmission: Identification and the Impossible Trinity

✍ Scribed by JOHN C. BLUEDORN; CHRISTOPHER BOWDLER

Book ID
109147057
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
196 KB
Volume
42
Category
Article
ISSN
0022-2879

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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