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Commentary.
- Source :
- Review (00149187); Jul/Aug2005, Vol. 87 Issue 4, p531-535, 5p
- Publication Year :
- 2005
-
Abstract
- Comments on a paper by Robert G. King and Mau-Ting Lin published in this same issue which analyzes the desirability of various interest rate rules in a standard model of sticky prices. Types of shocks considered by King and Lin; Monetarist concerns discussed by the paper; Way in which the inflation-rule only destabilizes output.
- Subjects :
- INTEREST rates
INTEREST (Finance)
PRICE inflation
Subjects
Details
- Language :
- English
- ISSN :
- 00149187
- Volume :
- 87
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Review (00149187)
- Publication Type :
- Academic Journal
- Accession number :
- 17596237
- Full Text :
- https://doi.org/10.20955/r.87.531-536