The meta Taylor rule
(2015)
Journal Article
Lee, K., Morley, J., & Shields, K. (2015). The meta Taylor rule. Journal of Money, Credit and Banking, 47(1), https://doi.org/10.1111/jmcb.12169
We characterise U.S. monetary policy within a generalized Taylor rule framework that accommodates uncertainties about the duration of policy regimes and the specification of the rule, in addition to the standard parameter and stochastic uncertainties... Read More about The meta Taylor rule.