Blar i Arbeidsnotater / Working Papers på forfatter "Gerlach-Kristen, Petra"
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Monetary Policy Decisions – Comparing Theory and "Inside" Information from MPC Members
Apel, Mikael; Claussen, Carl Andreas; Gerlach-Kristen, Petra; Lennartsdotter, Petra; Røisland, Øistein (Working Papers;3/2013, Working paper, 2013)We analyze the influence of the Taylor rule on US monetary policy by estimating the policy preferences of the Fed within a DSGE framework. The policy preferences are represented by a standard loss function, extended with ...