Interest rate rules are infeasible and fail to complete macroeconomic models

James G. Hoehn

No 8719, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: A discussion of the circumstances under which interest rate rules are consistent with nominal determinacy in macroeconomic models.

Keywords: Money supply; Interest rates; Monetary policy (search for similar items in EconPapers)
Date: 1987
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