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Federal Reserve Bank of Cleveland
Working Papers (Old Series)
Interest rate rules are infeasible and fail to complete macroeconomic models
James G. Hoehn
Abstract

A discussion of the circumstances under which interest rate rules are consistent with nominal determinacy in macroeconomic models.


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James G. Hoehn, Interest rate rules are infeasible and fail to complete macroeconomic models, Federal Reserve Bank of Cleveland, Working Papers (Old Series) 8719, 1987.
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Keywords: Money supply ; Interest rates ; Monetary policy
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