Taylor rules;
Endogenous growth;
Real uncertainty;
VOLATILITY;
INFLATION;
MONETARY;
D O I:
10.1016/j.econlet.2015.05.010
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
We study the effects of real uncertainty on long-run growth under different Taylor-type rules. We find a non-negligible relationship between real uncertainty and growth, which depends on the source of real uncertainty as well as on the type of the Taylor rule considered. (C) 2015 Elsevier B.V. All rights reserved.