Instrument versus Target Rules As Specifications of Optimal Monetary Policy
Author:
Affiliation:
1. Department of Economics; The University of North Carolina; Chapel Hill NC USA
2. Department of Economics; University of Canterbury; Christchurch New Zealand
Publisher
Wiley
Subject
Finance,Development,Geography, Planning and Development
Link
http://onlinelibrary.wiley.com/wol1/doi/10.1111/j.1468-2362.2012.01299.x/fullpdf
Reference41 articles.
1. Optimal Wage Indexation, Foreign Exchange Intervention and Monetary Policy;Aizenman;American Economic Review,1985
2. Efficient Rules for Monetary Policy;Ball;International Finance,1999b
3. Inflation Targeting;Bernanke;Federal Reserve Bank of St. Louis Review,2004
4. The Inflation Content of the Interest Rate and Optimal Monetary Policy;Canzoneri;Quarterly Journal of Economics,1983
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