References
- Ball, L, and Tchaidze, RR, 2002. The fed and the new economy, American Economic Review, Papers and Proceedings 92 (2002), pp. 108–15.
- Bernanke, BS, and Mihov, I, 1998. Measuring monetary policy, Quarterly Journal of Economics 113 (1998), pp. 869–902.
- Christiano, L, Eichenbaum, M, and Evans, C, 1996. The effects of monetary policy shocks: some evidence from the flow of funds, Review of Economics and Statistics 78 (1996), pp. 16–34.
- Clarida, R, Gal, J, and Gertler, M, 1998. Monetary policy rules in practice: some international evidence, European Economic Review 42 (1998), pp. 1033–67.
- Clarida, R, Gal, J, and Gertler, M, 2000. Monetary policy rules and macroeconomic stability: evidence and some theory, Quarterly Journal of Economics 115 (2000), pp. 147–80.
- Elliott, GTJR, and Stock, JH, 1996. Efficient tests for an autoregressive unit root, Econometrica 64 (1996), pp. 813–36.
- Favero, CA, 2001. Applied Econometrics. New York: Oxford University Press Inc; 2001.
- Greenspan, A, 2004. Risk and uncertainty in monetary policy, American Economic Review 94 (2004), pp. 33–40.
- Jondeau, E, Bihan, HL, and Galles, C, 2004. Assessing generalized method of moments estimates of the federal reserve reaction function, Journal of Business and Economics Statistics 22 (2004), pp. 3–16.
- Kwiatkowski, D, Phillips, P, Schmidt, P, and Shin, Y, 1992. Testing the null hypothesis of stationarity against the alternative of a unit root: how sure are we that economic time series have a unit root?, Journal of Econometrics 54 (1992), pp. 159–78.
- MacKinnon, JG, 1996. Numerical distribution functions for unit root and cointegration tests, Journal of Applied Econometrics 11 (1996), pp. 601–18.
- McCallum, B, 1999. Recent developments in the analysis of monetary policy rules, Federal Reserve Bank of Saint Louis Review 81 (1999), pp. 3–11.
- Mehra, YP, 1999. A forward-looking monetary policy reaction function, Federal Reserve Bank of Richmond, Economic Quarterly 85 (1999), pp. 455–60.
- Nelson, C, and Plosser, C, 1982. Trends and random walks in macroeconomic time series: some evidence and implications, Journal of Monetary Economics 10 (1982), pp. 139–62.
- Newey, W, and West, K, 1987. Hypothesis testing with efficient methods of moment estimation, International Economic Review 28 (1987), pp. 777–87.
- Orphanides, A, 2001. Monetary policy rules based on real-time data, American Economic Review 91 (2001), pp. 964–85.
- Taylor, JB, 1993. Discretion versus policy rules in practice, Carnegie-Rochester Conference Series on Public Policy 39 (1993), pp. 195–214.
- Woodford, M, 2001. The Taylor rule and optimal monetary policy, American Economic Review, Paper and Proceedings 91 (2001), pp. 1–26.