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LAGGED INTEREST RATE [1 record]

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Record 1 2011-12-14

English

Subject field(s)
  • Economic Fluctuations
CONT

Levin, Wieland and Williams (1999) find that rules that include the deviation of inflation from its target, the output gap and the lagged interest rate (interest rate-smoothing rules) are robust to model uncertainty ...

French

Domaine(s)
  • Fluctuations économiques
CONT

Levin, Wieland et Williams (1999) constatent que les règles englobant l'écart de l'inflation par rapport au taux visé, l'écart de production et le taux d'intérêt retardé (c'est-à-dire les règles où les taux d'intérêt sont lissés) sont peu sensibles à l'incertitude entourant la formulation appropriée du modèle.

Spanish

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