We are grateful to two anonymous referees and the editor of this journal for constructive comments on this paper. We also thank Anindya Banerjee, Denise Osborn, Stefan Gerlach, Petra Gerlach-Kristen, Adam Posen, Volker Wieland, Tony Yates, James Yetman, Feng Zhu, and seminar participants at the European University Institute, Florence, Hong Kong University, University of Leicester, and the Swiss National Bank for comments.
The Taylor Principle and Monetary Policy Approaching a Zero Bound on Nominal Rates: Quantile Regression Results for the United States and Japan
Version of Record online: 6 NOV 2009
© 2009 The Ohio State University
Journal of Money, Credit and Banking
Volume 41, Issue 8, pages 1705–1723, December 2009
How to Cite
CHEVAPATRAKUL, T., KIM, T.-H. and MIZEN, P. (2009), The Taylor Principle and Monetary Policy Approaching a Zero Bound on Nominal Rates: Quantile Regression Results for the United States and Japan. Journal of Money, Credit and Banking, 41: 1705–1723. doi: 10.1111/j.1538-4616.2009.00269.x
- Issue online: 6 NOV 2009
- Version of Record online: 6 NOV 2009
- Received June 19, 2007; and accepted in revised form June 12, 2009.
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