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- W1608753181 abstract "This paper estimates and evaluates monetary policy rules within the context of a structural open economy macroeconomic model of the United States under flexible exchange rates. The major result is that a monetary policy rule, which stabilizes the rate of growth of nominal GNP, receives considerable empirical support. The rule provides a better fit than a number of alternatives, including strict inflation stability, strict output stability, and real exchange rate stabilization. Copyright 1989 by American Economic Association.(This abstract was borrowed from another version of this item.)" @default.
- W1608753181 created "2016-06-24" @default.
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- W1608753181 date "1988-01-01" @default.
- W1608753181 modified "2023-09-27" @default.
- W1608753181 title "Monetary Policy In The Unites States Under Flexible Exchange Rates" @default.
- W1608753181 hasPublicationYear "1988" @default.
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