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- W1571866872 abstract "This paper analyzes forward-looking monetary policy rules in structural VAR's. First, an approach for modeling a monetary policy which aims at a strict medium term inflation or output growth target is developed. Second, the ex ante inflation-output-growth volatility trade-off for a forward-looking policy aiming at a convex combination these strategies is derived. Finally, an illustration of our approach using Swiss data is given." @default.
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- W1571866872 date "2005-03-01" @default.
- W1571866872 modified "2023-09-27" @default.
- W1571866872 title "The Analysis of Forward-Looking Monetary Policy in a SVAR Framework" @default.
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