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Does the Effectiveness of Monetary Policy on Output Depend on Openness?
monetary policy Openness output
2011/8/21
The question of how openness influence the effectiveness of monetary policy on output has captured some attention among researchers in recent years. But the number of studies which explored this quest...
The importance of output for the monetary policy rules
the policy makers the central banks monetary policy regimes
2011/8/21
We examine the importance of variable output (Gross Domestic Product (GDP) growth rate) on the preferences of the policy makers. We do so by examining the effect of output regimes on the form of monet...
Output Gaps and Monetary Policy at Low Interest Rates
Output Gaps Monetary Policy economic performance GDP growth
2011/8/21
The article discusses the comparison of economic performance under a policy that focuses on output gap and the other on Gross Domestic Product (GDP) growth. It examines the challenges associated in us...