Monetary Policy Loss Function Weights

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Monetary Policy Loss Function Weights

Postby reubenpjacob » Wed May 13, 2015 4:37 am

Hi
Was just wondering if Dynare has already incorporated the procedure for estimating the weights of the monetary policy loss function in the spirit of Kam et al (JMCB 2009) or Ilbas (JAE2012)..
Thanks
Reuben
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Re: Monetary Policy Loss Function Weights

Postby jpfeifer » Sun May 17, 2015 5:32 pm

What exactly do you mean? What is the difference to the standard optimal simple rule? I am not familiar with those papers.
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