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THE TRANSMISSION OF MONETARY POLICY IN A MULTISECTOR ECONOMY

✍ Scribed by Hafedh Bouakez; Emanuela Cardia; Francisco J. Ruge-Murcia


Book ID
111080982
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
428 KB
Volume
50
Category
Article
ISSN
0020-6598

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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