메뉴 건너뛰기




Volumn 54, Issue 4, 2007, Pages 1115-1131

Learnability and monetary policy: A global perspective

Author keywords

Endogenous fluctuations; Inflation targeting; Learnability; Simple feedback rules

Indexed keywords


EID: 34247495673     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmoneco.2006.02.003     Document Type: Article
Times cited : (26)

References (21)
  • 4
    • 3142778675 scopus 로고    scopus 로고
    • Backward-looking interest-rate rules, interest-smoothing, and macroeconomic instability
    • Benhabib J., Schmitt-Grohé S., and Uribe M. Backward-looking interest-rate rules, interest-smoothing, and macroeconomic instability. Journal of Money Credit and Banking 35 (2003) 1379-1412
    • (2003) Journal of Money Credit and Banking , vol.35 , pp. 1379-1412
    • Benhabib, J.1    Schmitt-Grohé, S.2    Uribe, M.3
  • 5
    • 0032368627 scopus 로고    scopus 로고
    • On learning and the stability of cycles
    • Bullard J., and Duffy J. On learning and the stability of cycles. Macroeconomic Dynamics 2 (1998) 22-48
    • (1998) Macroeconomic Dynamics , vol.2 , pp. 22-48
    • Bullard, J.1    Duffy, J.2
  • 6
    • 0036741810 scopus 로고    scopus 로고
    • Learning about monetary policy rules
    • Bullard J., and Mitra K. Learning about monetary policy rules. Journal of Monetary Economics 49 6 (2002) 1105-1129
    • (2002) Journal of Monetary Economics , vol.49 , Issue.6 , pp. 1105-1129
    • Bullard, J.1    Mitra, K.2
  • 7
    • 0001273562 scopus 로고    scopus 로고
    • Timing and real indeterminacy in monetary models
    • Carlstrom C., and Fuerst T. Timing and real indeterminacy in monetary models. Journal of Monetary Economics 47 (2001) 285-298
    • (2001) Journal of Monetary Economics , vol.47 , pp. 285-298
    • Carlstrom, C.1    Fuerst, T.2
  • 9
    • 0006260747 scopus 로고    scopus 로고
    • Monetary policy rules and macroeconomic stability: evidence and some theory
    • Clarida R., Gali' J., and Gertler M. Monetary policy rules and macroeconomic stability: evidence and some theory. Quarterly Journal of Economics 115 1 (2000) 147-180
    • (2000) Quarterly Journal of Economics , vol.115 , Issue.1 , pp. 147-180
    • Clarida, R.1    Gali', J.2    Gertler, M.3
  • 10
    • 0000772908 scopus 로고
    • Local convergence of recursive learning to steady states and cycles in stochastic nonlinear models
    • Evans G.W., and Honkapohja S. Local convergence of recursive learning to steady states and cycles in stochastic nonlinear models. Econometrica 63 (1995) 195-206
    • (1995) Econometrica , vol.63 , pp. 195-206
    • Evans, G.W.1    Honkapohja, S.2
  • 12
    • 10644290363 scopus 로고    scopus 로고
    • Existence of adaptively stable sunspot equilibria near an indeterminate steady state
    • Evans G.W., and Honkapohja S. Existence of adaptively stable sunspot equilibria near an indeterminate steady state. Journal of Economic Theory 111 (2003) 125-134
    • (2003) Journal of Economic Theory , vol.111 , pp. 125-134
    • Evans, G.W.1    Honkapohja, S.2
  • 13
    • 34247518872 scopus 로고    scopus 로고
    • Eusepi, S., 2005. Comparing forecast-based and backward-looking Taylor rules: a "global" analysis. FRBNY Staff Reports no. 198.
  • 14
    • 0003296889 scopus 로고
    • Local bifurcations and stationary sunspots
    • Barnett W., Geweke J., and Shell K. (Eds), Cambridge University Press, Cambridge, MA
    • Grandmont J.M. Local bifurcations and stationary sunspots. In: Barnett W., Geweke J., and Shell K. (Eds). Economic Complexity, Chaos, Sunspots, Bubbles and Nonlinearity (1989), Cambridge University Press, Cambridge, MA
    • (1989) Economic Complexity, Chaos, Sunspots, Bubbles and Nonlinearity
    • Grandmont, J.M.1
  • 15
    • 0000392319 scopus 로고
    • Stability of cycles with adaptive learning rules
    • Barnett W., Cornet B., D'Aspremont C., and Mas-Colell A. (Eds), Cambridge University Press, Cambridge, MA
    • Guesnerie R., and Woodford M. Stability of cycles with adaptive learning rules. In: Barnett W., Cornet B., D'Aspremont C., and Mas-Colell A. (Eds). Equilibrium Theory and Applications (1991), Cambridge University Press, Cambridge, MA
    • (1991) Equilibrium Theory and Applications
    • Guesnerie, R.1    Woodford, M.2
  • 16
    • 34247480215 scopus 로고    scopus 로고
    • McCallum, B.T., 2001. Inflation targeting and the liquidity trap. NBER Working Paper 8225.
  • 17
    • 34247470456 scopus 로고    scopus 로고
    • McCallum, B.T., 2003. The unique minimum state variable RE solution is E-stable in all well formulated linear models. NBER Working Paper 9960.
  • 21
    • 0042575482 scopus 로고    scopus 로고
    • Comment on: multiple solution indeterminacies in monetary policy analysis
    • Woodford M. Comment on: multiple solution indeterminacies in monetary policy analysis. Journal of Monetary Economics 50 (2003) 1177-1188
    • (2003) Journal of Monetary Economics , vol.50 , pp. 1177-1188
    • Woodford, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.