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The Evolution of the Fed’s Inflation Target in an Estimated Model under RE and Learning ∗ (2006)
by
Fabio Milani
| Citations: | 3 - 0 self |
BibTeX
@MISC{Milani06theevolution,
author = {Fabio Milani},
title = {The Evolution of the Fed’s Inflation Target in an Estimated Model under RE and Learning ∗},
year = {2006}
}
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Abstract
This paper aims to infer the evolving Fed’s inflation target by estimating a monetary model under the assumptions of RE and learning. The results emphasize how different assumptions about expectations may have important effects on the inferred target movements.
