An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy
Work
Year: 1997
Type: article
Abstract: This paper considers a simple quantitative model of output, interest rate and inflation determination in the United States, and uses it to evaluate alternative rules by which the Fed may set interest ... more
Source: NBER Macroeconomics Annual
Authors Julio J. Rotemberg, Michael Woodford
Institution Massachusetts Institute of Technology
Cites: 53
Cited by: 1,805
Related to: 10
FWCI: 52.65
Citation percentile (by year/subfield): 99.97
Domain: Social Sciences
Sustainable Development Goal Decent work and economic growth
Open Access status: green