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The open economy consequences of U.S. monetary policy

✍ Scribed by John C. Bluedorn; Christopher Bowdler


Book ID
116659100
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
744 KB
Volume
30
Category
Article
ISSN
0261-5606

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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