The neutral rate of interest and a new monetary policy rule

被引：6

作者：

Atesoglu, H. Sonmez ^{[1
]}

机构：

[1] Clarkson Univ, Sch Business, Potsdam, NY 13699 USA

来源：

JOURNAL OF POST KEYNESIAN ECONOMICS | 2007年 / 29卷 / 04期

关键词：

monetary policy; monetary policy rules; neutral rate of interest;

D O I：

10.2753/PKE0160-3477290408

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper, a new monetary policy rule is introduced. The proposed rule is based on Keynes's neutral rate of interest idea, a concept defined in the General Theory. The primary goal of the proposed rule is to ensure that the macroeconomy produces an output equal to its full-employment level. Monetary policy implied by the proposed rule is compared with the actual monetary policy in recent years.

引用

页码：689 / 697

页数：9

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