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monetary policy
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Taylor rule
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Mundell effect
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directional forecast
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Royal Economic Society - RES
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Royal Economic Society Annual Conference 2003
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Predicting Changes in the Interest Rate: The Performance of Taylor Rules Versus Alternatives for the United Kingdom
Kim, Tae-Hwan
;
Chevapatrakul, Thanaset
;
Mizen, Paul
-
Royal Economic Society - RES
-
2003
We consider an experiment where we use the
Taylor
rule
information set, inflation and the output gap, to predict the …
Persistent link: https://www.econbiz.de/10005577148
Saved in:
2
Is the View from the Eurotower Purely European? - National Divergence and ECB Interest Rate Policy
Huefner, Felix P
;
Heinemann, Friedrich
-
Royal Economic Society - RES
-
2003
The official view on ECB monetary policy claims that decisions are based on euro zone data and that diverging regional developments are disregarded. To test empirically whether regional developments have an impact on ECB decisions we develop a generalised monetary policy reaction function which...
Persistent link: https://www.econbiz.de/10005393515
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3
Wage and Price Phillips Curves
Krolzig, Hans-Martin
;
Flaschel, Peter
-
Royal Economic Society - RES
-
2003
-wage Phillips curve or a modified
Taylor
rule
that is augmented by a term, which transmits increases in the wage share (real unit …
Persistent link: https://www.econbiz.de/10005022102
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