Performance of Operational Policy Rules in an Estimated Semiclassical Structural Model

Bennett T. McCallum & Edward Nelson
Published Date
Copyright 1999
ISBN 0226791246
Monetary Policy Rules
Book: Monetary Policy Rules
Book editor: John B. Taylor
PUBLISHER: University of Chicago Press
Series: Studies in Business Cycles
Download Purchase Book
  • Bennett T. McCallum and Edward Nelson, Monetary Policy Rules (University of Chicago Press, 1999), chap. 1, https://www.nber.org/books-and-chapters/monetary-policy-rules/performance-operational-policy-rules-estimated-semiclassical-structural-model.

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Topics

Macroeconomics
Business Cycles
Money and Interest Rates

Published From Paper

Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model
- Working Paper
This paper reports results of simulation exercises that explore several questions relating to the design of rules for...

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