Monetary Policy Dynamics in the United States
The recognised approach to designing an optimal monetary policy model is based on the central bank’s ability to mitigate losses using a quadratic criterion subject to the linear structure of the economy. This study examines the United States Federal Reserve’s (Fed) monetary policy in different econo...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
De Gruyter
2021-05-01
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Series: | Open Economics |
Subjects: | |
Online Access: | https://doi.org/10.1515/openec-2020-0111 |