Browsing FGV EPGE - Escola Brasileira de Economia e Finanças by Title "The Taylor rule under inquiry: Hidden states"

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    • The Taylor rule under inquiry: Hidden states 

      Bueno, Rodrigo de Losso da Silveira
      2005-09-22
      This work empirically evaluates the Taylor rule for the US and Brazil using Markov-Switching Regimes. I find that the inflation parameter of the US Taylor rule is less than one in many periods, contrasting heavily with ...