| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3281 |
| DP3281 The Out-of-Sample Success of Term Structure Models as Exchange Rate Predictors: A Step Beyond | |
| Mark Taylor; Richard Clarida; LUCIO SARNO; Giorgio Valente | |
| 发表日期 | 2002-03-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | We consider independent monetary policy committees as a simple way of attaining relatively low inflation without completely sacrificing the stabilization role of monetary policy. If central banker's types are unknown, then for a wide range of parameters an independent monetary policy committee is better than either a mandated zero-inflation rule or discretionary policy conducted by an opportunistic central banker. |
| 主题 | International Macroeconomics |
| 关键词 | Monetary policy committee Reputation Output stabilization Inflationary bias |
| URL | https://cepr.org/publications/dp3281 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532306 |
| 推荐引用方式 GB/T 7714 | Mark Taylor,Richard Clarida,LUCIO SARNO,et al. DP3281 The Out-of-Sample Success of Term Structure Models as Exchange Rate Predictors: A Step Beyond. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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