Anticipated Alternative Instrument-Rate Paths in Policy Simulations
NBER Working Paper No. 14902
---- Acknowledgements ----
We thank Malin Adolfson, Andrew Blake, Jordi Gali, Grzegorz Grabek, Eric Leeper, Jesper Lindé, Paul McNelis, Nikolai Stähler, Anders Vredin, and conference participants at the Czech National Bank, the National Bank of Poland, the Bank of England, the 2009 SED meeting (Istanbul), and the 2010 Central Bank Macroeconomic Modeling Workshop (Manila), two anonymous referees, and the editors for helpful comments on a previous version of this paper. The views, analysis, and conclusions in this paper are those of the authors and not necessarily those of other members of the Riksbank's staff or executive board, or of the National Bureau of Economic Research.