文章基本信息
- 标题：Speed Limit Policies and Interest Rate Smoothing
- 本地全文：下载
- 作者：James Yetman
- 期刊名称：Economics Bulletin
- 电子版ISSN：1545-2921
- 出版年度：2004
- 卷号：5
- 出版社：Economics Bulletin
- 摘要：Walsh (2003) argued that U.S. monetary policy can be described as following a "speed limit" policy. Here I show that this provides an explanation for the apparent interest rate smoothing present in central bank policy.
- 关键词：Interest Rate Smoothing
