Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules:
This paper reviews the influence of a variety of different monetary rules for the G3 economies on the comparative simulation properties of a recent version of the OECD INTERLINK model. The simulated shocks are typically of a "global" nature, with the main objective being to assess the rela...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1990
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.85 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper reviews the influence of a variety of different monetary rules for the G3 economies on the comparative simulation properties of a recent version of the OECD INTERLINK model. The simulated shocks are typically of a "global" nature, with the main objective being to assess the relative effectiveness of alternative monetary policy settings in achieving a stable set of outcomes for main macroeconomic aggregates at the global level. Since the relative performance of different policies seems likely to depend on both the nature of the shocks and specific structural features of the model used, it also examines the extent to which these results are likely to be empirically fragile ... |
| Beschreibung: | 1 Online-Ressource (71 p.) 21 x 29.7cm. |
| DOI: | 10.1787/573688010825 |
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| indexdate | 2024-07-16T15:07:14Z |
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| series2 | OECD Economics Department Working Papers |
| spelling | Richardson, Pete VerfasserIn aut Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules Pete, Richardson Paris OECD Publishing 1990 1 Online-Ressource (71 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.85 This paper reviews the influence of a variety of different monetary rules for the G3 economies on the comparative simulation properties of a recent version of the OECD INTERLINK model. The simulated shocks are typically of a "global" nature, with the main objective being to assess the relative effectiveness of alternative monetary policy settings in achieving a stable set of outcomes for main macroeconomic aggregates at the global level. Since the relative performance of different policies seems likely to depend on both the nature of the shocks and specific structural features of the model used, it also examines the extent to which these results are likely to be empirically fragile ... Economics FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/573688010825 Volltext |
| spellingShingle | Richardson, Pete Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules Economics |
| title | Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules |
| title_auth | Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules |
| title_exact_search | Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules |
| title_full | Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules Pete, Richardson |
| title_fullStr | Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules Pete, Richardson |
| title_full_unstemmed | Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules Pete, Richardson |
| title_short | Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules |
| title_sort | simulating the oecd interlink model under alternative monetary policy rules |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/573688010825 |
| work_keys_str_mv | AT richardsonpete simulatingtheoecdinterlinkmodelunderalternativemonetarypolicyrules |