An edition of Rule-of-thumb consumers and the design of interest rate rules (2004)

Rule-of-thumb consumers and the design of interest rate rules

by

  • 0 Ratings
  • 0 Want to read
  • 0 Currently reading
  • 0 Have read
Rule-of-thumb consumers and the design of int ...
Jordi Galí
Not in Library

My Reading Lists:

Create a new list

Check-In

×Close
Add an optional check-in date. Check-in dates are used to track yearly reading goals.
Today
Notes
  • 0 Ratings
  • 0 Want to read
  • 0 Currently reading
  • 0 Have read
Notes

Buy this book

Last edited by MARC Bot
December 13, 2020 | History
Edit
An edition of Rule-of-thumb consumers and the design of interest rate rules (2004)

Rule-of-thumb consumers and the design of interest rate rules

by

  • 0 Ratings
  • 0 Want to read
  • 0 Currently reading
  • 0 Have read

"We introduce rule-of-thumb consumers in an otherwise standard dynamic sticky price model, and show how their presence can change dramatically the properties of widely used interest rate rules. In particular, the existence of a unique equilibrium is no longer guaranteed by an interest rate rule that satisfies the so called Taylor principle. Our findings call for caution when using estimates of interest rate rules in order to assess the merits of monetary policy in specific historical periods"--National Bureau of Economic Research web site.

Publish Date
Publisher
National Bureau of Economic Research
Language
English

Buy this book

Subjects
Econometric models, Interest rate futures, Interest rates, Monetary policy

Showing 2 featured editions. View all 2 editions?

Edition Availability
Cover of: Rule-of-thumb consumers and the design of interest rate rules
Rule-of-thumb consumers and the design of interest rate rules
2004, National Bureau of Economic Research
Electronic resource in English
  • Not in Library
Cover of: Rule-of-thumb consumers and the design of interest rate rules
Rule-of-thumb consumers and the design of interest rate rules
2004, National Bureau of Economic Research
in English
Libraries near you: WorldCat

Add another edition?

Book Details

Edition Notes

Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/14/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series ;, working paper 10392, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 10392.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3476257M
LCCN
2005615722

Source records

Library of Congress MARC record

Community Reviews (0)

Feedback?
No community reviews have been submitted for this work.

Lists

This work does not appear on any lists.

History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
December 13, 2020 Edited by MARC Bot import existing book
July 31, 2012 Edited by VacuumBot Updated format '[electronic resource] /' to 'Electronic resource'
December 12, 2009 Edited by WorkBot link works
October 31, 2008 Edited by ImportBot add URIs from original MARC record
April 1, 2008 Created by an anonymous user Imported from Scriblio MARC record