Year: 2002
Type: article
Abstract: James B. Bullard and Eric Schaling study a simple, small dynamic economy which a policymaker is attempting to control with a Taylor-type monetary policy rule. The authors wish to understand the macroeconomic consequences of the policymaker’s decision to include the level of equity prices in the rule.
DOI: 10.20955/r.84.35-42
Authors: James Bullard, Eric Schaling
Institution: Federal Reserve Bank of St. Louis
Language: English
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W1513534547