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Volumn 81, Issue 1, 2003, Pages 55-59

Taylor rules, omitted variables, and interest rate smoothing in the US

Author keywords

Interest rate smoothing; Observational equivalence; Omitted variable; Serial correlation; Taylor rules

Indexed keywords


EID: 0141465164     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(03)00152-6     Document Type: Article
Times cited : (53)

References (12)
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    • Castelnuovo, E., 2003. Describing Greenspan's conduct with simple taylor rules: is interest rate smoothing important? Mimeo.
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    • Castelnuovo, E.1
  • 2
    • 0006260747 scopus 로고    scopus 로고
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    • Clarida R. Gali J. Gertler M. Monetary policy rules and macroeconomic stability: evidence and some theory Quarterly Journal of Economics 115 2000 147-180
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    • Clarida, R.1    Gali, J.2    Gertler, M.3
  • 3
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    • Do central banks have precautionary demands for expansions and for price stability?
    • Mimeo
    • Cukierman, A., Muscatelli, V.A., 2002. Do central banks have precautionary demands for expansions and for price stability? Theory and Evidence, mimeo.
    • (2002) Theory and Evidence
    • Cukierman, A.1    Muscatelli, V.A.2
  • 4
    • 0043148856 scopus 로고    scopus 로고
    • Interpreting the significance of the lagged interest rate in estimated monetary policy rules
    • Federal Reserve Bank of Washington, Finance and Economics Discussion Series Working Paper, No. 2002-24
    • English, W.B., Nelson, W.R., Sack, B., 2002. Interpreting the significance of the lagged interest rate in estimated monetary policy rules. Federal Reserve Bank of Washington, Finance and Economics Discussion Series Working Paper, No. 2002-24.
    • (2002)
    • English, W.B.1    Nelson, W.R.2    Sack, B.3
  • 5
    • 0038958322 scopus 로고    scopus 로고
    • Asymmetric policy reactions and inflation
    • Bank for International Settlements, mimeo
    • Gerlach, S., 2000. Asymmetric policy reactions and inflation. Bank for International Settlements, mimeo.
    • (2000)
    • Gerlach, S.1
  • 6
    • 0141437090 scopus 로고    scopus 로고
    • Interest rate smoothing: Monetary policy inertia or unobserved variables? A comment on Rudebusch's "term structure evidence on interest-rate smoothing and monetary policy inertia"
    • Mimeo
    • Gerlach-Kristen, P., 2002. Interest rate smoothing: monetary policy inertia or unobserved variables? A comment on Rudebusch's "term structure evidence on interest-rate smoothing and monetary policy inertia". Mimeo.
    • (2002)
    • Gerlach-Kristen, P.1
  • 8
    • 0036742601 scopus 로고    scopus 로고
    • Term structure evidence on interest rate smoothing and monetary policy inertia
    • Rudebusch G.D. Term structure evidence on interest rate smoothing and monetary policy inertia Journal of Monetary Economics 49 2002 1161-1187
    • (2002) Journal of Monetary Economics , vol.49 , pp. 1161-1187
    • Rudebusch, G.D.1
  • 9
    • 0042150274 scopus 로고    scopus 로고
    • Interest-rate smoothing and optimal monetary policy: A review of recent empirical evidence
    • Sack B. Wieland V. Interest-rate smoothing and optimal monetary policy: a review of recent empirical evidence Journal of Economics and Business 52 2000 205-228
    • (2000) Journal of Economics and Business , vol.52 , pp. 205-228
    • Sack, B.1    Wieland, V.2
  • 10
    • 24244460744 scopus 로고    scopus 로고
    • Why do central banks smooth interest rates?
    • Bank of Canada Working Paper No. 2001-17
    • Srour, G., 2001. Why do central banks smooth interest rates? Bank of Canada Working Paper No. 2001-17.
    • (2001)
    • Srour, G.1
  • 11
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    • US monetary policy rules: The case for asymmetric preferences
    • FEEM Working Paper No. 66-2002
    • Surico, P., 2002. US monetary policy rules: the case for asymmetric preferences. FEEM Working Paper No. 66-2002.
    • (2002)
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* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.