This paper was presented at the third conference of the International Research Forum on Monetary Policy at the European Central Bank (ECB). The forum is sponsored by the ECB, the Board of Governors of the Federal Reserve System, the Center for German and European Studies at Georgetown University, and the Center for Financial Studies at Goethe University. Earlier versions were also presented at CentER, the University of Johannesburg, Bonn University, the Bank for International Settlements, the Bank of England, De Nederlandsche Bank, the University of Cape Town, and the South African Reserve Bank. Helpful comments by two anonymous referees and Jordi Galí, Martin Ellison, Albert Marcet, Vicente Tuesta, and Ed Nelson are gratefully acknowledged. All views expressed are those of the authors and do not necessarily reflect the views of the Federal Reserve System, the Board of Governors, or the regional Federal Reserve Banks. This paper was written while Eric Schaling was a visiting scholar at the Research Department of the Federal Reserve Bank of St. Louis.
Monetary Policy, Determinacy, and Learnability in a Two-Block World Economy
Version of Record online: 6 NOV 2009
© 2009 The Ohio State University
Journal of Money, Credit and Banking
Volume 41, Issue 8, pages 1585–1612, December 2009
How to Cite
BULLARD, J. and SCHALING, E. (2009), Monetary Policy, Determinacy, and Learnability in a Two-Block World Economy. Journal of Money, Credit and Banking, 41: 1585–1612. doi: 10.1111/j.1538-4616.2009.00268.x
- Issue online: 6 NOV 2009
- Version of Record online: 6 NOV 2009
- Received September 21, 2006; and accepted in revised form June 22, 2009.
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