Determining optimal monetary speed limits

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 116
Issue: 2
Pages: 269-271

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The proposal by Walsh (2003) that policy should include a speed limit by having the change in the output gap as an additional term in a Taylor-type rule is shown to be exactly optimal given an appropriate parameterization.

Technical Details

RePEc Handle
repec:eee:ecolet:v:116:y:2012:i:2:p:269-271
Journal Field
General
Author Count
1
Added to Database
2026-01-24