Inflation versus Price-Level Targeting: Bayesian Estimation of a Small Open DSGE Model for Switzerland
Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded versi...
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| Main Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
Springer
2015
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| Subjects: | |
| Online Access: | https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59337 |
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| Institutions: | Thư viện Trường Đại học Đà Lạt |
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