Reference

Stéphane Auray, and Patrick Fève, Are Monetary Models with Exogenous Money Growth Rule Able to Match the Taylor Rule?, IDEI Working Paper, n. 231, 2003.

JEL codes

  • E32: Business Fluctuations • Cycles
  • E4: Money and Interest Rates
  • E52: Monetary Policy

Replaced by

Stéphane Auray, and Patrick Fève, Do Models with Exogenous Money Supply Produce a Taylor Rule like Behavior ?, IDEI Working Paper, n. 271, March 2004.