Monetary Policy in an Uncertain World: Probability Models and the Design of Robust Monetary Rules
Published By: NIPFP | Published Date: July, 31 , 2010The past forty years or so has seen a remarkable transformation
in macro-models used by central banks, policymakers and forecasting
bodies.This papers describes this trans formation from reduced-form
behavioural equations estimated separately, through to contemporary
micro-founded dynamic stochastic general equilibrium (DSGE) models estimated by systems methods.
Author(s): Paul Levine | Posted on: Aug 11, 2010 | Views(1333) | Download (751)