Working Paper
Designing Monetary Policy under Rational Expectations: Analysis and Practical Implications
An investigation of the ways in which rational expectations theory fundamentally changes monetary policy analysis and an attempt to generalize the implications of such analysis.
Suggested Citation
Hoehn, James 1986. “Designing Monetary Policy under Rational Expectations: Analysis and Practical Implications” Federal Reserve Bank of Cleveland, Working Paper No. 86-12.
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