Estimated Interest Rate Rules: Do they Determine Determinacy Properties?

Publikation: Bidrag til tidsskriftTidsskriftartikelfagfællebedømt

Standard

Estimated Interest Rate Rules: Do they Determine Determinacy Properties? / Jensen, Henrik.

I: B.E. Journal of Macroeconomics, Bind 11, Nr. 1 (Contributions), Article 11, 2011, s. 1-20.

Publikation: Bidrag til tidsskriftTidsskriftartikelfagfællebedømt

Harvard

Jensen, H 2011, 'Estimated Interest Rate Rules: Do they Determine Determinacy Properties?', B.E. Journal of Macroeconomics, bind 11, nr. 1 (Contributions), Article 11, s. 1-20. https://doi.org/10.2202/1935-1690.2246

APA

Jensen, H. (2011). Estimated Interest Rate Rules: Do they Determine Determinacy Properties? B.E. Journal of Macroeconomics, 11(1 (Contributions), Article 11), 1-20. https://doi.org/10.2202/1935-1690.2246

Vancouver

Jensen H. Estimated Interest Rate Rules: Do they Determine Determinacy Properties? B.E. Journal of Macroeconomics. 2011;11(1 (Contributions), Article 11):1-20. https://doi.org/10.2202/1935-1690.2246

Author

Jensen, Henrik. / Estimated Interest Rate Rules: Do they Determine Determinacy Properties?. I: B.E. Journal of Macroeconomics. 2011 ; Bind 11, Nr. 1 (Contributions), Article 11. s. 1-20.

Bibtex

@article{8c5dc004bad545129e5d7436d9bd6296,
title = "Estimated Interest Rate Rules: Do they Determine Determinacy Properties?",
abstract = "I demonstrate that econometric estimations of nominal interest rate rules may tell little, if anything, about an economy's determinacy properties. In particular, correct inference about the interest-rate response to inflation provides no information about determinacy. Instead, it could reveal whether optimal monetary policymaking is performed under discretion or commitment.",
author = "Henrik Jensen",
year = "2011",
doi = "10.2202/1935-1690.2246",
language = "English",
volume = "11",
pages = "1--20",
journal = "B.E. Journal of Macroeconomics",
issn = "1935-1690",
publisher = "Walterde Gruyter GmbH",
number = "1 (Contributions), Article 11",

}

RIS

TY - JOUR

T1 - Estimated Interest Rate Rules: Do they Determine Determinacy Properties?

AU - Jensen, Henrik

PY - 2011

Y1 - 2011

N2 - I demonstrate that econometric estimations of nominal interest rate rules may tell little, if anything, about an economy's determinacy properties. In particular, correct inference about the interest-rate response to inflation provides no information about determinacy. Instead, it could reveal whether optimal monetary policymaking is performed under discretion or commitment.

AB - I demonstrate that econometric estimations of nominal interest rate rules may tell little, if anything, about an economy's determinacy properties. In particular, correct inference about the interest-rate response to inflation provides no information about determinacy. Instead, it could reveal whether optimal monetary policymaking is performed under discretion or commitment.

U2 - 10.2202/1935-1690.2246

DO - 10.2202/1935-1690.2246

M3 - Journal article

VL - 11

SP - 1

EP - 20

JO - B.E. Journal of Macroeconomics

JF - B.E. Journal of Macroeconomics

SN - 1935-1690

IS - 1 (Contributions), Article 11

ER -

ID: 33344881