On the Taylor Rule and Optimal Monetary Policy in a “Natural Rate” Model
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Keywords
monetary policy; aggregate fluctuations; insiders and outsiders; natural rate;All these keywords.
JEL classification:
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
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