On the Robustness of Simple and Optimal Monetary Policy Rules
نویسندگان
چکیده
This is a discussion of the paper "Simple versus Optimal Rules as Guides to Policy" by Brock, Durlauf, Nason and Rondina (BDNR) presented in November 2006 at Carnegie-Mellon University under the auspices of the Carnegie-Rochester Conference Series on Public Policy. I review the authorsarguments, present a few suggestions for extension and outline where I think at least one strand of the literature should be heading. JEL Classi cations: E37, E5, C6.
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