Theoretical conditions under which monetary policies are effective and practical obstacles to their verification

DOI10.1007/S00199-004-0482-8zbMath1117.91046OpenAlexW1973339336MaRDI QIDQ813241

George S. Tavlas, P. A. V. B. Swamy

Publication date: 31 January 2006

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-004-0482-8

zbMATH Keywords

omitted variables``true functional formsmeasurement errors.monetary-policy reaction functionsmonetary-policy rules

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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