Keywords
Robustness (evolution)Monetary policyComputer scienceEconomicsMonetary economicsBiologyGenetics
Affiliated Institutions
Related Publications
Stabilizing Powers of Monetary Policy under Rational Expectations
The potential of monetary policy to stabilize fluctuations in output and employment is demonstrated in a stochastic rational expectations model in which firms choose, considerin...
Monetary Policy during a Transition to Rational Expectations
In standard macroeconomic models incorporating the natural rate hypothesis and rational expectations, monetary policy has no effect on real variables. But the rational expectati...
The Pricing of Foreign Currency Options
This study examines the assumption that the exchange rate follows a log-normal probability distribution; and it tests whether different stochastic specifications translate into ...
Modeling Asymmetric Comovements of Asset Returns
Existing time-varying covariance models usually impose strong restrictions on how past shocks affect the forecasted covariance matrix. In this article we compare the restriction...
The econometric analysis of models with risk terms
Abstract In this paper we have attempted to provide an integrated approach to the estimation of models with risk terms. It was argued that there exist orthogonality conditions b...
Publication Info
- Year
- 1988
- Type
- article
- Volume
- 29
- Pages
- 173-203
- Citations
- 647
- Access
- Closed
External Links
Social Impact
Altmetric
PlumX Metrics
Social media, news, blog, policy document mentions
Citation Metrics
647
OpenAlex
52
Influential
328
CrossRef
Cite This
Bennet T. Mccallum
(1988).
Robustness properties of a rule for monetary policy.
Carnegie-Rochester Conference Series on Public Policy
, 29
, 173-203.
https://doi.org/10.1016/0167-2231(88)90011-5
Identifiers
- DOI
- 10.1016/0167-2231(88)90011-5