Interest rate rules and price determinacy : The role of transactions services of bonds $

@inproceedings{Canzoneri2004InterestRR,
  title={Interest rate rules and price determinacy : The role of transactions services of bonds \$},
  author={Matthew B. Canzoneri and Behzad T. Diba},
  year={2004}
}
the Role of Transactions Services of Bonds* by Matthew B. Canzoneri and Behzad T. Diba Georgetown University e-mail: canzonem@georgetown.edu dibab@georgetown.edu First Draft: June, 2000 This Draft: June 11, 2004 Abstract Interest rate rules have been associated with price indeterminacy when they do not respond aggressively enough to inflation. Price indeterminacy is typically associated with indeterminacy of real bond balances, suggesting that the missing element is a meaningful role for… CONTINUE READING
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