- Title
- The methodology for assessing interest-rate policy rules: some comments
- Creator
- Watts, Martin
- Relation
- European Journal of Economics and Economic Policies: Intervention Vol. 18, Issue 3, p. 275-285
- Publisher Link
- http://dx.doi.org/10.4337/ejeep.2021.03.02
- Publisher
- Edward Elgar Publishing (EE)
- Resource Type
- journal article
- Date
- 2021
- Description
- This paper is critical of the conceptual foundations and methodology adopted by Smithin (2020) in his exploration of the impact of different interest-rate policy rules on inflation. His modelling framework is too narrow to adequately discriminate between different interest-rate rules in terms of their broader macroeconomic impacts.
- Subject
- zero interest-rate policy (ZIRP); zero real policy rate (ZRRP); inflation models; macroeconomic impacts
- Identifier
- http://hdl.handle.net/1959.13/1490704
- Identifier
- uon:52964
- Identifier
- ISSN:2052-7764
- Rights
- x
- Language
- eng
- Full Text
- Reviewed
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | ATTACHMENT02 | Publisher version (open access) | 145 KB | Adobe Acrobat PDF | View Details Download |