The monetary transmission mechanism in the United Kingdom: pass-through and policy rules
Loading...
Date
2002
Journal Title
Journal ISSN
Volume Title
Publisher
Banco Central de Chile
Abstract
Description
A number of recent papers have used policy simulations from small empirical macroeconomic models to assess the efficacy of inflation targeting or, more precisely, inflation forecast targeting (Svensson, 1997a). These include Rudebush and Svensson (1999). The models used to undertake these simulations often differ significantly, however.
Keywords
POLÍTICA MONETARIA, INFLACIÓN, PRONÓSTICO DE LA ECONOMÍA