Sentence examples for monetary policy rule from inspiring English sources

However, when the storage facility is activated, responding to output in the monetary policy rule becomes less desirable.

In the presence of the zero lower bound, standard business cycle models with a Taylor-type monetary policy rule are prone to equilibrium multiplicity.

This approach is consistent with Milton Friedman's vision of monetary policy, would impose a monetary policy rule, and provide a solid long-run nominal anchor.

Despite the potential interplay between imperfections due to sticky wages and monopoly, the optimal monetary policy rule has a closed-form solution.

This paper contains an analysis of the learnability of the equilibrium in a class of simple, micro-founded models in which the policy authority uses a Taylor-type monetary policy rule.

She has argued that tweaking the parameters on versions of the typical monetary policy rule can give you the result that rates should be held lower for longer than the Fed is signalling it will.

Application is made to the evaluation of monetary policy rules.

"Comment," in John B. Taylor, ed., Monetary Policy Rules.

This paper focuses on the design of monetary policy rules for a small open economy.

The second part of the paper considers monetary policy rules and their rationales, and critiques them.

In this note news shocks are investigated in the context of monetary policy rules designed to mitigate their effects.