Interest rate versus money supply instruments: on the implementation of Markov-perfect optimal monetary policy
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Keywords
Markov processes; Monetary policy; Money supply;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2007-11-03 (Central Banking)
- NEP-MAC-2007-11-03 (Macroeconomics)
- NEP-MON-2007-11-03 (Monetary Economics)
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