European Business Schools Librarian's Group

SSE/EFI Working Paper Series in Economics and Finance,
Stockholm School of Economics

No 0443: What if the Fed Had Been an Inflation Nutter?

Paul Söderlind ()
Additional contact information
Paul Söderlind: Dept. of Finance, Stockholm School of Economics, Postal: Stockholm School of Economics, P.O. Box 6501, S-113 83 Stockholm, Sweden

Abstract: A structural rational expectations model of U.S. monetary policy is used to make a counterfactual experiment of a strongly inflation averse Federal Reserve Bank. Results for U.S. interest rates, output, and inflation over 1965-1999 are discussed.

Keywords: Optimal monetary policy; rational expectations; Kalman filter

JEL-codes: E31; E43; E52

7 pages, April 19, 2001

Full text files 

hastef0443.pdf PDF-file Full text

Download statistics

Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:hastef:0443This page generated on 2024-09-13 22:19:41.