Asset prices in Taylor rules: specification, estimation, and policy implications for the ECB
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| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Frankfurt am Main
Dt. Bundesbank
2004
|
| Series: | Discussion paper / Deutsche Bundesbank : Series 1, Studies of the Economic Research Centre
2004,22 |
| Online Access: | Inhaltsverzeichnis |
| Item Description: | Zsfassung in dt. Sprache |
| Physical Description: | 37 S. graph. Darst. |
| ISBN: | 3865580092 |
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| 245 | 1 | 0 | |a Asset prices in Taylor rules |b specification, estimation, and policy implications for the ECB |c Pierre L. Siklos ; Thomas Werner ; Martin T. Bohl |
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Record in the Search Index
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| adam_text | Contents
1 Introduction 1
2 Standard Versus Extended Taylor Rules: Key Considerations 4
3 Estimation and Testing Strategy 6
3.1 Standard reaction function estimates and econometric 7
considerations
3.2 Extended Taylor rules 12
3.3 Discussion 13
4 Data and Empirical Evidence 15
5 Conclusions 23
References 24
Lists of Tables and Figures
Table 1 Taylor Rule Coefficients: Selected Estimates 6
Table 2 Coefficients in Forward Looking Standard and Extended 17
Taylor Rules: Full sample Estimates
Table 3 Estimates of Coefficients in Backward Looking Taylor 20
Rules
Table 4 Estimates of Coefficients in Forecasting Rules 28
Figure 1 Monetary Policy in the ECB Era: Some Counterfactual 29
Experiments
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| author | Siklos, Pierre L. 1955- Werner, Thomas Bohl, Martin T. 1962- |
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| id | DE-604.BV019524603 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T20:00:25Z |
| institution | BVB |
| isbn | 3865580092 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-012902620 |
| oclc_num | 76528258 |
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| physical | 37 S. graph. Darst. |
| publishDate | 2004 |
| publishDateSearch | 2004 |
| publishDateSort | 2004 |
| publisher | Dt. Bundesbank |
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| series2 | Discussion paper / Deutsche Bundesbank : Series 1, Studies of the Economic Research Centre |
| spelling | Siklos, Pierre L. 1955- Verfasser (DE-588)124307256 aut Asset prices in Taylor rules specification, estimation, and policy implications for the ECB Pierre L. Siklos ; Thomas Werner ; Martin T. Bohl Frankfurt am Main Dt. Bundesbank 2004 37 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Discussion paper / Deutsche Bundesbank : Series 1, Studies of the Economic Research Centre 2004,22 Zsfassung in dt. Sprache Werner, Thomas Verfasser aut Bohl, Martin T. 1962- Verfasser (DE-588)128862378 aut Deutsche Bundesbank Discussion paper Series 1, Studies of the Economic Research Centre ; 2004,22 (DE-604)BV017594637 2004,22 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=012902620&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Siklos, Pierre L. 1955- Werner, Thomas Bohl, Martin T. 1962- Asset prices in Taylor rules specification, estimation, and policy implications for the ECB |
| title | Asset prices in Taylor rules specification, estimation, and policy implications for the ECB |
| title_auth | Asset prices in Taylor rules specification, estimation, and policy implications for the ECB |
| title_exact_search | Asset prices in Taylor rules specification, estimation, and policy implications for the ECB |
| title_full | Asset prices in Taylor rules specification, estimation, and policy implications for the ECB Pierre L. Siklos ; Thomas Werner ; Martin T. Bohl |
| title_fullStr | Asset prices in Taylor rules specification, estimation, and policy implications for the ECB Pierre L. Siklos ; Thomas Werner ; Martin T. Bohl |
| title_full_unstemmed | Asset prices in Taylor rules specification, estimation, and policy implications for the ECB Pierre L. Siklos ; Thomas Werner ; Martin T. Bohl |
| title_short | Asset prices in Taylor rules |
| title_sort | asset prices in taylor rules specification estimation and policy implications for the ecb |
| title_sub | specification, estimation, and policy implications for the ECB |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=012902620&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV017594637 |
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