Avoiding Dark Corners : A Robust Monetary Policy Framework for the United States /

The Fed has taken several steps towards strengthening its monetary framework over the past several years. Those steps have supported the Fed's efforts to stimulate the economy through forward guidance despite being constrained by having policy rates at zero. We show that an optimal control appr...

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書目詳細資料
主要作者: Alichi, Ali
其他作者: Clinton, Kevin, Freedman, Charles, Kamenik, Ondra
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2015.
叢編:IMF Working Papers; Working Paper ; No. 2015/134
在線閱讀:Full text available on IMF