NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Determinacy and Identification with Taylor Rules

John H. Cochrane

NBER Working Paper No. 13410
Issued in September 2007

---- Acknowledgements -----

I gratefully acknowledge research support from CRSP and the NSF via a grant administered by the NBER. I am grateful for many comments and suggestions in this paper's long gestation. Among many others, I thank 5 referees, Fernando Alvarez, Marco Bassetto, David Backus, Florin Bilbiie, Mark Gertler, Eric Leeper, Lars Hansen, Peter Ireland, Henrik Jensen, Pat Kehoe, Sophocles Mavroeidis, Edward Nelson, Yoshio Nozawa, Monika Piazzesi, Stephanie Schmitt-Grohé, Christopher Sims, Eric Sims, Robert Shimer, Lars Svensson, Martín Uribe, Michael Woodford, and participants at the Spring 2005 Inidiana University Monetary Economics Conference, Fall 2006 NBER EFG Conference and University of Chicago Money Workshop. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. The Appendix is available on my webpage http://faculty.chicagobooth.edu/john.cochrane/research/Papers/.

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