The monetary transmission mechanism and the evaluation of monetary policy rules

This paper explores the connection between the monetary transmission mechanism -the channel through which a change in monetary policy affects the economy- and the choice of monetary policy rules to guide central bank decisions. Differente views of the monetary transmission mechanism are readily appa...

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Autor principal: Taylor, John B.
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3650
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