Browsing BI Open by Author "Qvigstad, Jan F."
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When does an interest path "look good"? Criteria for an appropriate future interest rate path
Qvigstad, Jan F. (CME Working paper series;5/2006, Working paper, 2006)Svensson (2004) suggested that a monetary policy committee of a central bank (MPC) should “find an instrument-rate path such that projections of inflation and output gap ‘look good’.” Academic literature on monetary ...