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Interest Rate Determination Rule: Test of the Taylor Rule in the UK. November 2002. Background Literature. Research in Time Inconsistency, Policy Co-ordination and . Friedman (1966, 1968) and Phelps (1967) natural rate of unemployment hypothesis. Aggregate Supply and Demands.
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Interest Rate Determination Rule: Test of the Taylor Rule in the UK November 2002 Macroeconomic Themes:19
Background Literature Macroeconomic Themes:19
Research in Time Inconsistency, Policy Co-ordination and Macroeconomic Themes:19
Friedman (1966, 1968) and Phelps (1967) natural rate of unemployment hypothesis Macroeconomic Themes:19
Aggregate Supply and Demands Macroeconomic Themes:19
Labour Market Equilibrium and Aggregate Supply Macroeconomic Themes:19
Impact of Monetary Policy in the Short and the Long Run Macroeconomic Themes:19
Policy Rule, Discretion, Cheating and Time Inconsistency in Economic Policy Making Macroeconomic Themes:19
Fiscal and Monetary Policy Game in a Diagram Macroeconomic Themes:19
Three Equations of the Interest Determination Rule: Taylor Rule Macroeconomic Themes:19
Reduced Form Equation of the Interest Determination Model Macroeconomic Themes:19
Natural rate of Interest: Steady State Macroeconomic Themes:19
General Solution of the Interest Rule Model Macroeconomic Themes:19
Convergence or Divergence from the Steady State Macroeconomic Themes:19
Data Set Used for the Interest Rate Rule Macroeconomic Themes:19
Drawbacks of Single Equation Estimation Macroeconomic Themes:19
Better Fit From the Simultaneous Estimation Macroeconomic Themes:19
Actual and Predicted Interest from the Single Equation Method Macroeconomic Themes:19
Actual and Predicted Interest from the Simultaneous Equation Method Macroeconomic Themes:19
Main Points of this Paper Macroeconomic Themes:19
References-1 Macroeconomic Themes:19
References-2 Macroeconomic Themes:19