Asymmetric expectation effects of regime shifts in monetary policy

Review of Economic Dynamics

Volumn 12, Issue 2, 2009, Pages 284-303

  Liu, Zheng ^a,c   Waggoner, Daniel F ^b   Zha, Tao ^b,c  

^a FEDERAL RESERVE BANK OF SAN FRANCISCO   (United States)

^b FEDERAL RESERVE BANK OF ATLANTA   (United States)

^c EMORY UNIVERSITY   (United States)

Author keywords

Imperfect credibility; Inflation; Lucas critique; Macroeconomic volatility; Monetary policy; Rational expectation

Indexed keywords

EID: 60449112156     PISSN: 10942025     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.red.2008.10.001     Document Type: Article

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