Nominal income targeting in an open-economy optimizing model

Author:

McCallum Bennett T.,Nelson Edward

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference37 articles.

1. Batini, N., Haldane, A.G., 1999. Forward-looking rules for monetary policy. In: Taylor, J.B. (Ed.), Monetary Policy Rules (University of Chicago Press for NBER).

2. Carroll, C.D., Overland, J., Weil, D.N., 1995. Saving and growth with habit formation. FEDS Working Paper No. 95-42, Federal Reserve Board.

3. Clarida, R., Gali, J., Gertler, M., 1997. Monetary policy rules and macroeconomic stability: evidence and some theory. Manuscript, New York University.

4. Monopolistic competition and optimum product diversity;Dixit;American Economic Review,1977

5. Fuhrer, J.C., 1998. An optimization-based model for monetary policy analysis: can habit formation help? Manuscript, Federal Reserve Bank of Boston.

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