We study the effects of real uncertainty on long-run growth under different Taylor-type rules. We find a non-negligible relationship between real uncertainty and growth, which depends on the source of real uncertainty as well as on the type of the Taylor rule considered.
Annicchiarico, B., Rossi, L. (2015). Taylor rules, long-run growth and real uncertainty. ECONOMICS LETTERS, 133, 31-34 [10.1016/j.econlet.2015.05.010].
Taylor rules, long-run growth and real uncertainty
ANNICCHIARICO, BARBARA;
2015-01-01
Abstract
We study the effects of real uncertainty on long-run growth under different Taylor-type rules. We find a non-negligible relationship between real uncertainty and growth, which depends on the source of real uncertainty as well as on the type of the Taylor rule considered.File in questo prodotto:
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