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...
| Autor Principal: | |
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| Outros autores: | , , |
| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Series: | IMF Working Papers; Working Paper ;
No. 2015/134 |
| Acceso en liña: | Full text available on IMF |