Empirical evidence has generally shown that the Federal Reserve follows close to a Taylor
(1993) type rule in setting policy rates. This paper continues this line of inquiry by …

We study optimized monetary and fiscal feedback policy rules. The setup is a New
Keynesian DSGE model of a closed economy which is solved numerically using common …

内容提要本文对泰勒规则模型进行门限效应检验, 发现利用累计同比增速作为门限变量时货币
当局针对通货膨账缺口和产出缺口调整名义利率存在明显的门限效应. 在经济收缩期货币当局 …

In this paper, the effect of the social network on macroeconomic stability is examined using
an agent-based, network-based DSGE (dynamic stochastic general equilibrium) model …

Macro-prudential policies have an essential role in mitigating the imbalances in the financial
sector that stem from procyclical credit growth. This study aims to evaluate macro-prudential …

In this paper we estimate nonlinear Taylor rules over the 1986–2008 sample time period
and augment the traditional Taylor rule by including principal components to better model …

This research looks for leading indicators of exchange rate stability, namely economic
growth inflation of seven emerging market countries (7-EMC), leading indicators determined …

This paper provides clear‐cut evidence that the ECB follows an asymmetric monetary policy
rule concerned more with inflation rather than sustaining economic growth. The driving force …

We study optimized monetary and fiscal feedback policy rules. The setup is a conventional
New Keynesian DSGE model calibrated to match data from the euro area. Our aim is to …

In this study, short and long-run effects of exchange rate on stock prices are analyzed for the
Fragile Five countries where foreign investors have a substantial share. Long term effects …