What if the Fed Had Been an Inflation Nutter?

Auteur(s)

Paul Söderlind

Accéder

Description

A structural rational expectations model of U.S. monetary policy is used to make a counterfactual experiment of a strongly inflation averse Federal Reserve Bank. Results for U.S. interest rates, output, and inflation over 1965-1999 are discussed.

Sujets

Sciences economiques > Monnaie et marchés financiers

Institution partenaire

Université de St-Gall - Schools of Management

Langue

English

Date

2004

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