Is the Taylor rule optimal? Evaluation using a wavelet-based control model
Author:
Affiliation:
1. Department of Decision Sciences and Economics, College of Business, Texas A & M University – Corpus Christi, Corpus Christi, TX, USA
Publisher
Informa UK Limited
Subject
Economics and Econometrics
Link
https://www.tandfonline.com/doi/pdf/10.1080/13504851.2020.1730752
Reference13 articles.
1. Estimating the Taylor rule in the time-frequency domain
2. Bernanke, D. 2015. “The Taylor Rule: A Benchmark for Monetary Policy?” Brookings. https://www.brookings.edu/blog/ben-bernanke/2015/04/28/the-taylor-rule-a-benchmark-for-monetary-policy/
3. Choi, W., and Y. Wen 2010. “Dissecting Taylor Rules in a Structural VAR, Working Paper 2010-005A.” Federal Reserve Bank of St. Louis.
4. Fiscal policy tracking design in the time–frequency domain using wavelet analysis
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