Doves, Hawks and Pigeons: Behavioral Monetary Policy and Interest Rate Inertia
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- Favaretto, Federico & Masciandaro, Donato, 2016. "Doves, hawks and pigeons: Behavioral monetary policy and interest rate inertia," Journal of Financial Stability, Elsevier, vol. 27(C), pages 50-58.
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- Donato Masciandaro & Davide Romelli, 2015. "Ups and Downs. Central Bank Independence from the Great Inflation to the Great Recession: Theory, Institutions and Empirics," BAFFI CAREFIN Working Papers 1503, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
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More about this item
Keywords
Monetary Policy; Behavioral Economics;JEL classification:
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2017-01-08 (Central Banking)
- NEP-MAC-2017-01-08 (Macroeconomics)
- NEP-MON-2017-01-08 (Monetary Economics)
- NEP-UPT-2017-01-08 (Utility Models and Prospect Theory)
Statistics
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