Browsing Norges Banks vitenarkiv by Subject "Taylor rules"

Now showing items 1-2 of 2

    • Simple Monetary Policymaking Without the Output Gap 

      Leitemo, Kai; Lønning, Ingunn (Working Papers;9/2002, Working paper, 2002)
      The performance of a simple monetary policy rule, which does not rely on explicit information about the output gap but instead uses the change in the rate of inflation as a proxy for the output gap, is explored in a simple ...

    • Taylor rules with endogenous regimes 

      Aastveit, Knut Are; Cross, Jamie L.; Furlanetto, Francesco; van Dijk, Herman K. (Working paper;9/2024, Working paper, 2024)
      The Fed’s policy rule switches during the different phases of the business cycle. This finding is established using a dynamic mixture model to estimate regime-dependent Taylor-type rules on US quarterly data from 1960 to ...