Should a monetary policymaker look at money?
Article Abstract:
The way in which monetary indicators are useful in implementing optimal discretionary monetary policy when the policymaker has incomplete information about the environment is examined. The different aspects, which affect the economy, imply time variation in a policymaker's responsiveness to money.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2003
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Monetary policy in a data-rich environment
Article Abstract:
The feasibility of incorporating richer information sets into positive and normative analysis is explored. The development of an expert system, which aggravates diverse information and provides policy settings, is explained.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2003
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Implications of state-dependent pricing for dynamic macroeconomic models
Article Abstract:
Dynamic stochastic general equilibrium models to examine the effects of monetary shocks and monetary policy rules from the relation between state-dependent pricing model and time-dependent pricing model are presented.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2005
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