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Volumn 52, Issue 1-2, 2000, Pages 143-160

Efficient simple policy rules and the implications of potential output uncertainty

Author keywords

Monetary policy rules; Potential output; Uncertainty

Indexed keywords


EID: 0038122415     PISSN: 00129933     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0148-6195(99)00025-9     Document Type: Article
Times cited : (9)

References (15)
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    • Monetary rules when economic behaviour changes
    • B. Hunt and A. Orr, eds.. Wellington, New Zealand: Reserve Bank of New Zealand
    • Amano, R., Coletti D., and Macklem T. 1999. Monetary rules when economic behaviour changes. In Monetary Policy Under Uncertainty (B. Hunt and A. Orr, eds.). Wellington, New Zealand: Reserve Bank of New Zealand.
    • (1999) Monetary Policy under Uncertainty
    • Amano, R.1    Coletti, D.2    Macklem, T.3
  • 3
    • 0003553149 scopus 로고
    • The steady-state model: SSQPM. the bank of Canada's new quarterly projection model, Part 1
    • Ottawa: Bank of Canada
    • Black, R., Laxton, D., Rose, D., and Tetlow, R. 1994. The Steady-State Model: SSQPM. The Bank of Canada's New Quarterly Projection Model, Part 1. Technical Report No. 72. Ottawa: Bank of Canada.
    • (1994) Technical Report No. 72 , vol.72
    • Black, R.1    Laxton, D.2    Rose, D.3    Tetlow, R.4
  • 6
    • 0001660667 scopus 로고
    • Uncertainty and the effectiveness of policy
    • Brainard, W. 1967. Uncertainty and the effectiveness of policy. American Economic Review 57:411-425.
    • (1967) American Economic Review , vol.57 , pp. 411-425
    • Brainard, W.1
  • 8
    • 84936394148 scopus 로고
    • Death, birth, productivity growth and debt neutrality
    • Buiter, W. H. 1988. Death, birth, productivity growth and debt neutrality. The Economic Journal 98(June):279-293.
    • (1988) The Economic Journal , vol.98 , Issue.JUNE , pp. 279-293
    • Buiter, W.H.1
  • 9
    • 0012863161 scopus 로고    scopus 로고
    • A Semi-Structural Approach to Estimating Potential Output: Combining Economic Theory with a Time-Series Filter
    • Ottawa: Bank of Canada
    • Butler, L. 1996. A Semi-Structural Approach to Estimating Potential Output: Combining Economic Theory with a Time-Series Filter. Technical Report No 76. Ottawa: Bank of Canada.
    • (1996) Technical Report No 76 , vol.76
    • Butler, L.1
  • 10
    • 0004034674 scopus 로고    scopus 로고
    • Monetary Policy Rules in Practice: Some International Evidence
    • Clarida R., Gali, J., and Gertler, M. 1997. Monetary Policy Rules in Practice: Some International Evidence. NBER Working Paper No. 6254.
    • (1997) NBER Working Paper No. 6254 , vol.6254
    • Clarida, R.1    Gali, J.2    Gertler, M.3
  • 11
    • 0040382317 scopus 로고
    • Effects of the Hodrick-Prescott filter on trend and difference stationary time series: Implications for business-cycle research
    • Cogely, T., and Nason, J. 1995. Effects of the Hodrick-Prescott filter on trend and difference stationary time series: Implications for business-cycle research. Journal of Economic Dynamics and Control 19:253-278.
    • (1995) Journal of Economic Dynamics and Control , vol.19 , pp. 253-278
    • Cogely, T.1    Nason, J.2
  • 12
    • 0011287318 scopus 로고    scopus 로고
    • Estimating potential output: A semi structural approach
    • Wellington
    • Conway, P., and Hunt, B. 1997. Estimating potential output: a semi structural approach. Reserve Bank of New Zealand Discussion Paper G97/9, Wellington.
    • (1997) Reserve Bank of New Zealand Discussion Paper , vol.G97 , Issue.9
    • Conway, P.1    Hunt, B.2
  • 13
    • 0009905958 scopus 로고    scopus 로고
    • Is the Phillips curve really a curve? Some evidence for Canada, the United Kingdom, and the United States
    • Debelle, G., and Eaxton, D. 1997. Is the Phillips curve really a curve? Some evidence for Canada, the United Kingdom, and the United States. International Monetary Fund Staff Papers 44(2): 249-282.
    • (1997) International Monetary Fund Staff Papers , vol.44 , Issue.2 , pp. 249-282
    • Debelle, G.1    Eaxton, D.2
  • 14
    • 5144221067 scopus 로고    scopus 로고
    • The forecasting and policy system: Stochastic simulations of the core model
    • Reserve Bank of New Zealand, Wellington
    • Drew, A. and Hunt, B. 1998. The Forecasting and Policy System: Stochastic Simulations of the Core Model. Discussion Paper G98/6. Reserve Bank of New Zealand, Wellington.
    • (1998) Discussion Paper G98/6 , vol.G98 , Issue.6
    • Drew, A.1    Hunt, B.2
  • 15
    • 85185431271 scopus 로고
    • Optimal Monetary Policy in a Model of Overlapping Price Contracts. Federal Reserve Bank of Boston
    • Fuhrer, J. 1994. Optimal Monetary Policy in a Model of Overlapping Price Contracts. Federal Reserve Bank of Boston. Working Paper No. 94-2 (July).
    • (1994) Working Paper No. 94-2 , vol.94 , Issue.2 JULY
    • Fuhrer, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.