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Monetary rules for small, open, emerging economies
- Source :
- Journal of Monetary Economics. July, 2003, Vol. 50 Issue 5, p1109, 36 p.
- Publication Year :
- 2003
-
Abstract
- A variant of the IMF's Global Economic Model that is suitable to analyze macroeconomic dynamics in open economies is developed. The model is used to assess the effectiveness of Taylor rules and inflation-forecast-based (IFB) rules in stabilizing variability in output and inflation.
Details
- Language :
- English
- ISSN :
- 03043932
- Volume :
- 50
- Issue :
- 5
- Database :
- Gale General OneFile
- Journal :
- Journal of Monetary Economics
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.122500283